Saudi Arabia and China deal blow to US Dollar with Currency Swap Agreement worth 50 billion Yuan

Saudi Arabia and China deal blow to US Dollar with Currency Swap Agreement worth 50 billion Yuan

Riyadh/Beijing: Saudi Arabia and China have signed a currency swap agreement worth 50 billion yuan. According to sources, this agreement was signed between the two central banks, ‘Central Bank of Saudi Arabia’ and ‘The People’s Bank of China’. Earlier this year, Saudi Arabia had hinted at using currencies other than the US dollar for fuel […]

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US army bases in Iraq, Syria, Turkey under attack – US Centcom expresses concern

US army bases in Iraq, Syria, Turkey under attack – US Centcom expresses concern

Ankara/Baghdad: After Israel launched attacks on the Gaza Strip, attacks have begun on US military and air bases in Iraq, Syria and Turkey. There have been more than 40 attacks on US military bases in Iraq-Syria in the last three weeks and 46 soldiers are being claimed injured. Meanwhile, information about Palestinian supporters detonating an […]

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28 nations sign pact at UK summit against AI technology risks

28 nations sign pact at UK summit against AI technology risks

London: As diverse warnings surface regarding the risks associated with Artificial Intelligence (AI) technology, the first international pact has been approved. In the first AI Safety Summit held in the United Kingdom, 27 major countries, along with the European Union, approved the Bletchley Declaration. It is the first time a proposal related to AI technology […]

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Europe-China trade relations at a critical juncture – EU trade chief warns

Europe-China trade relations at a critical juncture – EU trade chief warns

Beijing – ‘Due to its ambiguous policy, China’s relations with the European Union (EU) have reached a critical stage. From here on, these relationships will either develop or end. If China continues its ambiguous trade policy, it will cause losses to both sides,’ EU trade chief Valdis Dombrovskis warned. He also recalled that the EU […]

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Japan’s record defence expenditure endangering peace and stability – US analyst slams

Japan’s record defence expenditure endangering peace and stability – US analyst slams

Moscow/Washington: Highlighting the threat from China and North Korea, Japan’s Defence Ministry has demanded a record $53 billion in defence spending from the Parliament. Japan has increased its defence costs by a whopping 12 per cent compared to last year. However, due to this defence spending by Japan, the peace and stability of the Asia-Pacific […]

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Russia is behind the cyber attack on UK Ministry of Defence – UK expert claims

Russia is behind the cyber attack on UK Ministry of Defence – UK expert claims

Moscow/London – A UK expert has claimed that Russian hackers were behind the cyber attack on the UK Ministry of Defence (MoD). Besides, the theft of sensitive information associated with the UK’s nuclear submarine Trident and intelligence agency GCHQ has surfaced in these cyber attacks. Moreover, it has become the third incident of Russian cyber […]

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Saudi sends message to US-Israel by appointing ambassador for Palestine – Gulf analysts claim

Saudi sends message to US-Israel by appointing ambassador for Palestine – Gulf analysts claim

Riyadh: Saudi Arabia announced the appointment of an ambassador to Palestine last week. Therefore, Saudi has appointed its ambassador to Palestine for the first time. However, there is a big message behind this decision of Saudi. The cooperation with Israel will only be established if Saudi’s demands are accepted, Saudi signalled to Israel and the […]

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Wagner Troops want to ‘visit’ Poland – Belarus President Lukashenko indicates

Wagner Troops want to ‘visit’ Poland – Belarus President Lukashenko indicates

Moscow – Belarusian President Lukashenko has stated indicatively that five thousand soldiers of the Wagner Group in Belarus want to visit Poland’s capital city, Warsaw and Rzeszow. At the same time, President Lukashenko has warned that considering the dangers of Western Ukraine going under Poland’s control, the division of Ukraine in this manner will not […]

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