London: There is a record flare-up of inflation in the United Kingdom, riding on the continuing high prices of fuel and food grain. In June, the inflation index was reported at a record level of 9.4% in the United Kingdom. The ‘Cost of Living Crisis’ faced by the British population has intensified as inflation has […]
Read More »
New Delhi: – The 16th round of talks between India and China to de-escalate tensions along the LAC in Ladakh proved fruitless as well. The armies of the two countries have issued a joint statement announcing that the process of talks will continue. However, China’s state-run newspaper claimed that the talks were very positive, urging […]
Read More »
London: Catherine Shakdam, a French-British analyst, warned, ‘The geographical location of Iran is a bigger strength of the country than nuclear weapons. Iran will use nuclear weapons as a shield. But Iranian control over the Strait of Hormuz and Bab Al-Mandab Gulf could block the entire global fuel movement. The crisis created in that scenario […]
Read More »
Berlin: Last week, Russia reduced the fuel supply to some leading European countries. Taking the Russian aggression into account, Germany declared an Alarm Stage in the fuel sector. German Commerce Minister Robert Habeck warned that if the situation does not improve soon or if Russia stops fuel supplies, the resulting fuel crisis will be like […]
Read More »
Berlin: The population of Pakistan was given the good news that Pakistan would be removed from the Grey List of countries prepared by the Financial Action Task Force (FATF). It was being dreamed that Pakistan’s trade with other countries would increase, investments would start coming into Pakistan. Consequently, Pakistan will be eligible for loans from […]
Read More »
Cairo: Memorandum of Understanding (MoU) was signed between Israel, Egypt and the European Union. According to this, Israel will be supplying natural fuel gas to the European Union with assistance from Egypt. The Israeli Energy Minister said that this is a historic development and that his country was creating its place in the global energy […]
Read More »
Riyadh: Saudi Arabia will be cutting down the fuel supplies to China. Saudi fuel company ARAMCO announced it. The ARAMCO officials clarified that there would be no change in the quantities supplied to India, Japan, South Korea and Thailand. Western countries have imposed harsh sanctions against Russia, given the invasion of Ukraine. During this period, […]
Read More »
Washington: US Deputy Secretary of State Wendy Sherman has appealed to Europe to support the United States in its fight against China. She has said that European security, economy and values are under significant threat from China. In less than three days after that, the Biden administration indicated a reduction in taxes on Chinese products. […]
Read More »
Vienna/Tehran: Iran is permitted to hold a stock of 300 kilograms of enriched Uranium as per the nuclear deal signed in 2015. But the International Atomic Energy Agency (IAEA) revealed concerning information that till 15th May 2022, Iran had amassed a stock of 3,809.3 kilograms of enriched Uranium in its nuclear program. International analysts claim […]
Read More »
Washington/Moscow/Kyiv: Analyst Sara Menker warned that the global wheat stocks might not last beyond ten weeks. Menker pointed to this stark reality during a meeting of the UN Security Council. She also claimed that the world is facing a food shortage crisis for the first time since the 2008 recession. Although the Russia-Ukraine conflict is […]
Read More »
