World & Politics

Deutsche Bahn plans to provide extra support to Ukraine

In conjunction with the German government, Germany's DB Cargo, a part of railway conglomerate Deutsche Bahn, aims to give Ukraine extra support for grain exports, said DB Cargo's CEO Sigrid…
Published on May 27, 2022
By Iris Barker

South Korea says it will participate in U.S. regional economic structure

South Korean President Yoon Suk-yeol announced the country's participation in the Indo-Pacific Economic Framework (IPEF) of the U.S.
Published on May 22, 2022
By Iris Barker

Gas Flows To Finland Halted By Russia Due To Payments Dispute

Russian gas deliveries to Finland were blocked on Saturday, according to the Finnish gas system operator. This is the latest escalation between Russia and the West over energy payments. The
Published on May 21, 2022
By Debdutta Ghosh

Canada bans use of Chinese Huawei and ZTE products in the country

Minister of Innovation, Science and Industry François-Philippe Champagne announced that Huawei and ZTE, two Chinese telecommunications companies, will no longer be used in Canada.
Published on May 20, 2022
By Iris Barker

Germany Will Not Support EU Green Investment Label For Nuclear Power Plants

The German government announced on Monday that it will oppose European Union plans to include nuclear energy as a sustainable investment in its “taxonomy” scheme for labelling green projects. Brussels
Published on May 16, 2022
By Debdutta Ghosh

Turkey raises minimum investment threshold for citizenship by 60%

Turkey has raised by 60% the minimum amount of investment in real estate required to obtain citizenship.
Published on May 16, 2022
By Iris Barker

Moldova asks EU for extra financial support

Because of the energy and economic issues, Moldova's president, Maia Sandu, has requested further financial assistance from the European Union for the country's budget.
Published on May 12, 2022
By Iris Barker

Japan passes economic security law

Japan's upper house of parliament passed the Economic Security Law by a majority vote, signaling its adoption by the country's parliament. The vote was broadcast live.
Published on May 11, 2022
By Iris Barker

China warns of “difficult and serious” labor market situation due to COVID-19

China will face a "difficult and serious" labor market situation because of sweeping restrictions designed to contain new COVID-19 outbreaks, China's premier warned.
Published on May 8, 2022
By Iris Barker

WHO notes 15M excess deaths from COVID-19 worldwide in two years

WHO has estimated the number of excess deaths from the coronavirus worldwide at nearly 15 million over two years. This is more than double the number of COVID-related deaths officially…
Published on May 6, 2022
By Iris Barker

US and UK discuss measures to reduce risk of war with China over Taiwan

According to the Financial Times, the US and the UK conducted high-level talks about the "Chinese danger" to Taiwan. It is alleged that the two sides first discussed a contingency…
Published on May 1, 2022
By Iris Barker

EU announces biggest in 20 years legislation revamp for IT giants

To safeguard user information security, the EU has agreed on new standards for transnational IT businesses.
Published on April 25, 2022
By Iris Barker

IMF sees no need to curtail energy transition because of crisis

The energy crisis has put the world before the choice between energy security and the green transition in the energy sector, say analysts of the International Monetary Fund (IMF) in…
Published on April 21, 2022
By Iris Barker

Italy and Angola sign declaration of intent to supply gas

According to the Italian Foreign Ministry, Italy and Angola signed a declaration of intent on natural gas supplies on Wednesday, with the goal of increasing shipments to the Apennines among…
Published on April 21, 2022
By Iris Barker

Wealthy Chinese citizens are fleeing because of COVID lockdowns

Fearing enforcement of severe lockdowns in a number of locations, wealthy Chinese citizens have begun to actively depart from the country.
Published on April 19, 2022
By Iris Barker

Mexico’s largest refinery completely shut down due to fire

According to Reuters, operations at Pemex's largest national and regional oil refinery complex in Salina Cruz, Oaxaca, have been completely halted since Friday owing to an ongoing fire in one…
Published on April 18, 2022
By Iris Barker

UN reports 1,892 Ukrainian civilians already killed

The Office of the UN High Commissioner for Human Rights has published new data on civilian casualties in Ukraine.
Published on April 14, 2022
By Iris Barker

Cyprus, Greece and Israel plan to build LNG station in Cyprus

The energy ministers of Greece, Cyprus, and Israel met in Jerusalem on Monday and resolved to look into the possibility of creating an LNG station in Cyprus to manage natural…
Published on April 12, 2022
By Iris Barker

China hits new COVID-19 infections record

A record 27,595 cases of the coronavirus infection were detected in China on Sunday, with most of the new cases occurring in Shanghai, according to data from China's State Health…
Published on April 11, 2022
By Iris Barker

Times: Sweden and Finland intend to join NATO this summer

According to the British Times, citing unnamed sources, Sweden and Finland aim to join NATO as soon as this summer.
Published on April 11, 2022
By Iris Barker

USA: We cannot exclude Russia from IMF

Head of the U.S. Treasury admitted that it will not be possible to exclude Russia from the IMF.
Published on April 7, 2022
By Iris Barker

UN Commissioner: 4 million people fled Ukraine since February 24

The number of refugees who left the territory of Ukraine after February 24 exceeded 4 million people, the UN estimated. This is almost a tenth of the country's population. The…
Published on March 31, 2022
By Iris Barker

Israel and Turkey to build a bypass gas pipeline

Israel and Turkey are discussing construction of a pipeline to Israel's Leviathan field as an alternative to Russian gas supplies to southern Europe.
Published on March 29, 2022
By Iris Barker

Houthi Rebels Attack Saudi Aramco Petroleum Storage Site

Yemen’s Houthis said they started strikes on Saudi energy infrastructure on Friday, while the Saudi-led coalition said an attack on oil giant Aramco’s petroleum products distribution station in Jeddah caused
Published on March 26, 2022
By Debdutta Ghosh

WTO head warns of risk of hunger riots due to rising food prices

In an interview with the Guardian newspaper, Ngozi Okonjo-Iweala, Head of the World Trade Organization (WTO), claimed that rise in global food prices due to the situation in Ukraine could…
Published on March 25, 2022
By Iris Barker

Drone attacks oil refinery in Saudi Arabia

A drone targeted an oil refinery in Saudi Arabia's capital, Riyadh, on Thursday, causing a small fire, according to the Saudi news agency SPA, quoting an official from the energy…
Published on March 11, 2022
By Iris Barker

Norway: Gas supplies to Europe are at maximum capacity

Norway is exporting gas to Europe at maximum capacity, Prime Minister Jonas Gahr Støre said at a press conference on Tuesday, March 8.
Published on March 9, 2022
By Iris Barker

Politico: US plans to introduce legislation to ban Russian oil imports

Democratic House Majority Leader Steny Hoyer said a bill to ban Russian oil imports could be introduced this week, Politico reported.
Published on March 7, 2022
By Iris Barker

World Bank and IMF to support Ukraine with over $5B in financing

The International Monetary Fund and the World Bank are ready to provide financial support to Ukraine. The IMF has opened access to $2.2bn in financing from the beginning of March…
Published on March 1, 2022
By Iris Barker

South Korea will consider reselling gas to Europe

South Korea will consider reselling gas to Europe, the country's foreign ministry said.
Published on February 28, 2022
By Iris Barker

Supply Of Covid-19 Vaccine Under Global Program Higher Then Demand First The Time Since Pandemic

The global effort to exchange Covid-19 vaccinations is failing to put more than 300 million doses, indicating that the problem with global vaccination is now more about demand than availability.
Published on February 23, 2022
By Debdutta Ghosh

Nord Stream 2 Sanction And Political Risks

The pipeline could be a pressure point?
Published on February 17, 2022
By Debaleena Bhattacharjee

Wales to experiment with paying young people $2,000 basic income

Welsh residents who turn 18 will be receiving £1,600 each a month for two years as part of an experiment in basic income payments. Authorities hope it will help support…
Published on February 17, 2022
By Iris Barker

Romance scammers steal over $139M in cryptocurrency in 2021

According to a U.S. Federal Trade Commission (FTC) report, romance scammers stole $547 million from victims in 2021.
Published on February 16, 2022
By Iris Barker

UNESCO: 10M creative industry workers lost their jobs during the pandemic

UNESCO conducted a study on the state of the creative industries during the pandemic.
Published on February 10, 2022
By Iris Barker

U.S. prosecutors seize a record $5B worth of bitcoins

The U.S. Justice Department reported a record seizure of bitcoins worth $5 billion. The cryptocurrency was stolen in 2016. Then, hackers hacked the Bitfinex cryptocurrency exchange and stole 120,000 bitcoins.
Published on February 9, 2022
By Iris Barker

UK energy authority to raise energy price threshold for consumers

UK energy authority Ofgem will raise the price threshold for gas and electricity for consumers from April 1 due to a sharp increase in global natural gas prices, the organization…
Published on February 4, 2022
By Iris Barker

Bloomberg: US is discussing possible increase in gas production

According to Bloomberg, which cited sources, the US and Qatar, as well as Nigeria, Egypt, and Libya, are exploring the prospect of expanding gas supply in the event that Ukraine…
Published on February 3, 2022
By Iris Barker

Financial watchdog urges El Salvador to abandon Bitcoin as legal tender

The International Monetary Fund's board of directors has urged El Salvador to reject Bitcoin as legal cash. The fund's board of directors highlighted the legal status of Bitcoin in the…
Published on January 26, 2022
By Iris Barker

International charities call on World Bank to unfreeze money for Afghanistan

The World Bank is being urged to unblock monies from the Afghanistan Reconstruction Trust Fund.
Published on January 24, 2022
By Iris Barker

Bloomberg learns of US-Qatar talks on gas supplies to Europe

The US presidential administration is in talks with Qatar on possible deliveries of liquefied gas to Europe, Bloomberg has reported, citing knowledgeable sources.
Published on January 24, 2022
By Iris Barker

44 US Flights By Chinese Carriers Suspended By Joe Biden Administration Following Similar Chinese Action

The United States government has announced suspension of 44 China-bound flights from the US by four Chinese carriers as a reaction to the Chinese government’s decision to block some US
Published on January 22, 2022
By Debdutta Ghosh

Global vaccine alliance requests $5.2 billion for drug development

According to a news statement from the Global Alliance for Vaccinations and Immunization (GAVI), the organization has sought an additional $5.2 billion to develop and distribute at least 600 million…
Published on January 20, 2022
By Iris Barker

US threatens China with retaliation for flight cancellations

The US Department of Transportation has chastised China for canceling flights from US cities owing to passengers ill with the coronavirus, and has warned action.
Published on January 13, 2022
By Iris Barker

US Shatters Global Record For Daily Covid Infections With At Least 1.1 Million New Cases On Monday

According to a report by the news agency Reuters, the United States reported at least 1.13 million new coronavirus infections on Monday, which was the largest daily total of any
Published on January 11, 2022
By Debdutta Ghosh

Global food prices hit 10-year high in 2021

The global food price index for 2021 rose by 27.6 points in annual terms to 125.7 points, the highest since 2011, when the index was 131.9 points, with the index…
Published on January 6, 2022
By Iris Barker

France and England still at the core of European defence

Europe is getting back into shape, after a century of turmoil and strategic upheavals. It went from the world’s power-house to post-war rebuilding under the shadow of the United States,…
Published on January 5, 2022
By Editorial Team

Covid-19 Infections Are On The Rise All Around The World, Prompting Concerns About Testing And Quarantine.

As the new Omicron variant of the coronavirus seemingly gets out of control, keeping employees at home and overloading testing centres, infections have reached record highs in the United States,
Published on December 29, 2021
By Debdutta Ghosh

First Omicron Related Death Reported From Australia

Despite another spike in daily infections, Australia’s first recorded death from the new Omicron variant of Covid-19 was announced on Monday. However, regulators resisted implementing new restrictions, claiming that hospitalization
Published on December 27, 2021
By Debdutta Ghosh

Imports From China’s Xinjiang Region Banned By US Over Human Rights Abuses

On Thursday, President Joe Biden signed a bill aimed at combating human rights violations in China’s Xinjiang region. The law prohibits imports from Xinjiang and punishes those who are involved
Published on December 24, 2021
By Debdutta Ghosh
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