Ankara: – İbrahim Kalin, the Turkish Presidential Spokesperson, warned that the world had entered the phase of a new Cold War due to the conflict sparked in Ukraine. The effects of this war will be evident for many decades. Turkey made efforts to start a dialogue between Ukraine and Russia, stopping the seven-week conflict. This […]
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London: The debt burden on the countries worldwide will grow by 10% and will cross $71 trillion. This is the warning issued by the asset management company Janus Henderson in its report. The report claims that the United States, China, Japan and other countries will borrow heavily during this year. The Bank of America has […]
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New Delhi: – The United States and western countries have started a spate of imposing sanctions against Russia, accusing it of the massacre at Bucha near the capital Kyiv. The Indian External Affairs Minister also denounced the Bucha massacre. But instead of holding Russia responsible for it, External Affairs Minister S Jaishankar has demanded an […]
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Seoul: – Kim Yo-jong, an influential personality in the North Korean dictatorship, threatened, ‘North Korea does not wish to see one more war flareup in the Korean region. But if South Korea launches the first attacks on us, we will retaliate with nuclear strikes. The South Korean military will be extinguished following this attack.’ Yo-jong, […]
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Taipei: – Cheng Ming-tong, a senior Taiwanese security official, warned ‘The United States and western countries banned the use of Russian Ruble after the Ukraine war. The value of the USD also is on the decline. Taking this opportunity, China can globalise its currency Yuan.’ Ming-tong made a striking claim that this war could help […]
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Doha/Berlin: Germany has initiated rapid moves to reduce its dependence on Russia for fuel gas. Against this background, Germany signed a long-term agreement on Sunday to supply fuel gas to Qatar. German media are claiming that this will reduce the fuel crisis in Germany. But the international media are pointing out that streamlining this supply […]
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Paris/Washington: The European thinktank OECD has warned that the Russia-Ukraine war will jolt the global economy. There has been a significant increase in the rates for food grain, oil and other raw materials and inflation has flared up. The European think tanks warned that this would impact the global economy. This will result in a […]
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Riyadh/Beijing: – Saudi, which has been selling crude oil only against the USD for the last five decades, has started preparations to start selling oil against the Chinese Yuan. Detailed discussions are being held between China and Saudi for this purpose. If the talks are fruitful, it will be a significant jolt for the USD […]
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Dubai: – In 2014, the Arab allies’ coalition had started a military conflict against the Houthi rebels in Yemen. At that time, the United States had refused to participate in the war, saying that this was not their war. However, the Russia-Ukraine war has flared up over the last few days. Hence, the fuel rates […]
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Berlin: Warning that the Russian invasion of Ukraine has started a new era, German Chancellor Olaf Scholz announced significant changes to the German defence policy. These include a fresh provision to take the defence expenditure to more than 2% of the German GDP. There is also an assurance to supply weapons stocks to countries like […]
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