Brussels: Due to flaring inflation and declining productivity, the European continent is predicted to be hit by the economic recession. Despite this threat of recession, the European Central Bank, the central bank of the European Union, has increased the interest rate by an unprecedented 0.75%. The impact of this interest rate hike has started to […]
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London: Former British Foreign Secretary Liz Truss has been elected as UK’s Prime Minister. Truss defeated her rival Rishi Sunak by more than 20,000 votes in the election held by the ruling ‘Conservative’ party. Truss, a supporter of former prime minister Boris Johnson and the one known to have a staunch anti-Russia and anti-China image, […]
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Tehran – Iran’s Foreign Ministry announced that ‘European countries are facing problems in providing the energy they need, and if the negotiations are successful and the unilateral sanctions against our country are lifted, Iran can meet a larger part of Europe’s needs.’ Iran increased the pressure on the Biden administration by saying that Iran’s role […]
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Ahmedabad: ‘India is now the fifth largest economy in the world. Therefore, now we cannot think like we used to think when the economy was in 20th place. New India cannot keep thinking like it used to, but we must show confidence and take the necessary decisions. While considering the country’s interests, the country will […]
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Vatican City – In his address to the General Audience, the esteemed supreme priest of Christianity, Pope Francis, warned that we are all going through the times of the third world war. Even earlier, Pope Francis had made the world aware of World War III in clear words. World War II erupted on September 1, […]
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Washington/Kyiv/Moscow: A few months ago, the US Congress approved $40 billion in financial aid for Ukraine. Despite this, the Biden administration is now pushing for additional aid and has proposed $11.7 billion for providing arms and financial aid to Ukraine. As the US administration prepares to provide more aid to Ukraine, former officials have advised […]
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New Delhi: By asserting that the world needs a strong India, Russian Ambassador to India Denis Alipov welcomed ‘INS Vikrant’. Ambassador Alipov congratulated India, saying that Russia is also proud of India’s success in building an indigenous aircraft carrier. British Ambassador Alex Ellis expressed his happiness by saying he got the opportunity to attend the […]
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Minsk: President of Belarus, Alexander Lukashenko, has created a stir by announcing that Belarus has completed the necessary modifications to equip the SU-24 fighter jet fleet with nuclear weapons. He threatened that Belarus would respond strongly if the West tried to fester the situation further. Belarus has been in full support of Russia in the […]
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Washington: The Chief of the US Federal Reserve, Jerome Powell, warned that the US people would have to suffer for some time given the flareup of inflation and the ongoing interest rate hike to prevent it. Inflation has flared up in the United States since last year and the inflation index reached a record 9% […]
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Vienna: Crude oil prices have once again gone past $100 per barrel after the Organization of the Petroleum Exporting Countries (OPEC) and other oil-producing countries signalled to cut oil production. This is coupled with looming uncertainty over the Iran nuclear deal. Analysts have warned that if OPEC Plus cuts oil production, the oil prices will […]
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