Manama: A fresh tension has been created between Saudi and Kuwait with Iran over the disputed fuel-rich sector in the Persian Gulf. Saudi and Kuwait clarified that work has started in the Durra gas field, ignoring Iranian opposition. Saudi Fuel Minister Prince Abdulaziz Bin Salman made this announcement. One billion cubic feet of fuel gas […]
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Moscow/Washington: The western leaders had bragged that the harsh sanctions imposed on Russia following the invasion of Ukraine would break the Russian economy, and it would be forced to stop the Ukraine war. But the performance of the Russian economy has delivered a tight slap across the face of these leaders making such claims. There […]
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Beijing: China’s President Xi Jinping’s “Zero Covid Policy” has delivered a severe blow to the Chinese economy. Along with the Chinese industrial output, a sharp fall has been reported in retail sales, fuel imports, energy production and employment. A few days ago, it was reported that President Jinping would have to resign due to the […]
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Lumbini: – Sources informed that Prime Minister Narendra Modi’s visit to Nepal began on Monday and he held bilateral talks with Nepal’s Prime Minister Sher Bahadur Deuba. Following the talks, six agreements were signed between India and Nepal. This includes the Arun 4 hydroelectric project built in Nepal by India. Prime Minister Modi visited the […]
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New Delhi: – Six divisions of the Indian Army have been deployed on the Line of Actual Control (LAC) in Ladakh. This information was revealed during the visit of Chief of Army Staff General Manoj Pande to the LAC. This shows that the Indian Army has focussed its attention on the China border. Saying that […]
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Berlin: The G7 group has warned that a severe crisis is developing in the food and energy sector on the global level, given the Russia-Ukraine conflict. While issuing this warning during the G7 meeting in Berlin, the G7 member countries warned that the poorer countries were being hit hard due to this crisis. German Foreign […]
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Chennai: Union Finance Minister Nirmala Sitharaman appealed, ‘The Free Trade Agreements (FTAs) signed with the United Arab Emirates (UAE) and Australia will provide an impetus to the country’s economic growth. The industry sector should reap maximum benefits from this. If they face any problems in this process, they should directly contact the government.’ Finance Minister […]
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Dubai: The Fuel Ministers of Saudi and the United Arab Emirates (UAE) warned that the Global fuel-related capacity is nearing its end. More investments are required in this sector to increase the capacity.’ At the same time, the Fuel Minister of UAE threatened that the fuel rates would increase by 200% to 300% given the […]
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Strasberg: French President Emmanuel Macron proposed the formation of the ‘European Political Community’ as an independent agency by saying that the European Union cannot be the only organisation of the European countries. He also indicated that the agency would participate from democratic European countries and establish cooperation in various sectors. The French President also warned […]
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Moscow/Beijing: The United States and Europe are trying to ban Russian fuel against the background of the Ukraine war. A few days ago, the European Union even moved a proposal to stop crude oil imports from Russia. Europe has expedited moves to increase procurement of fuel gas from the United States, Gulf countries and Africa […]
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