Foreign companies working in Russia have lost $107 billion in the exodus from the country, claims a recent analysis by Reuters. The report claims that the loss, calculated from company filings, has actually increased by one-third since last year in August. According to the Russian state-owned agency Tass, over one thousand Western firms have either […]Read More
Tajik-born migrants are facing increased attacks in Russia in the aftermath of the Moscow terror attack which killed 140 people last week. The attack was traced to four Tajik nationals who were believed to have been working for the Islamic State (ISIS) which has claimed responsibility for the attacks. However, while President Putin has claimed […]Read More
President Biden made history but not on his own. The president, along with his predecessors Barack Obama and Bill Clinton, attended a fundraising event in New York city where a total campaign fund of $25 million was raised. According to AP, this is the highest record of funds for a single political event. Promoting the […]Read More
The Central Bank Governor of China, Pan Gongsheng, has stated that his country will continue to promote currency swaps to strengthen monetary cooperation with Asian economies. “Bilateral currency swaps can provide emergency liquidity support in times of turmoil in international financial markets and banking crises in some countries,” he said at the Boao Forum for […]Read More
South Korean companies are stepping in to help the government deal with the country’s population crisis. According to the Korea Herald, companies like Ssangbangwool announced Thursday it will provide up to 100 million won ($75,000) to employees who are expecting babies. The company will pay out 30 million won for the second child and 40 […]Read More
Saudi Arabia will now be responsible for promoting gender quality worldwide. This was made official when the Saudi Ambassador to the UN Abdulaziz Alwasil, was elected as chair of the Commission on the Status of Women (CSW) on behalf of his country on Wednesday in New York. There were no rival candidates to the Saudi bid […]Read More
The Biden administration has suffered another blow to its Israel policy as Annelle Sheline, a human rights officer from the US State Department, has resigned over Gaza. In an interview with the Guardian Sheline claimed that the US’s continued decision to arms Israel and what she alleged was the covering up of human rights abuses […]Read More
Indians are the unsung heroes of the Baltimore bridge tragedy. During his comments at the White House regarding the Baltimore bridge collapse, President Joe Biden said, “Personnel on board the ship were able to alert the Maryland Department of Transportation that they had lost control of their vessel prompting the local authorities to close the […]Read More
“Oh Hamas…All of Jordan’s people are behind you.” These were the cries of 2,000 protesters in the Jordanian capital Amman. Marching towards the Israeli embassy, the protesters were beaten back by baton-wielding Jordanian police from the Rabae district where the Israeli embassy is located. This has been the third day of clashes between the police […]Read More
Hungarian Prime Minister Viktor Orban faced a show of public dissent as thousands of people took to the streets demanding that he resign. According to a Reuters report, the protests come after a foreign government insider accused Orban’s senior aide of trying to interfere in a graft case. The crisis erupted after Peter Magyar, a […]Read More
Russia may now be facing a payment crisis regarding the delivery of its crude oil according to a Reuters report. The report states that US sanctions on Moscow are now making banks in China, Turkey, and the UAE more cautious resulting in pending payments for Moscow. The US, EU, and the UK, have issued new […]Read More
Japanese Finance Minister Shunichi Suzuki has issued his strongest warning yet as the yen collapsed to its lowest level in 34 years. The minister warned that he would take “decisive measures” and that all options were on the table to stop the collapse of the currency. According to Reuters the yen is at its weakest […]Read More
Ukraine has claimed that it has sunk almost a third of Russian ships in the Black Sea. An AP report quoting Ukrainian Naval spokesperson Dmytro Pletenchuk said that strikes hit the Russian landing ship Kostiantyn Olshansky that was resting in a dock in Sevastopol in Crimea. The strikes come after successful attacks on two other […]Read More
President Xi is all set to meet with US business leaders in Beijing on Wednesday. The business meeting is believed to include Apple CEO Tim Cook, Blackstone head Stephen A Schwarzman, and HSBC’s Noel Quinn according to the Wall Street Journal. World Bank President Ajay Banga and International Monetary Fund (IMF) Managing Director Kristalina Georgieva […]Read More
Donald Trump’s social media company Truth Social is soon going to begin trading publicly on Nasdaq. The former president who is believed to own the majority of the shares of the networking site will go public with the company after a merger between Digital World Acquisition Corp. and Trump Media & Technology Group go through. […]Read More
New Zealand’s security minister has claimed that the Chinese government launched a state-sponsored hacking operation targeting its parliament in 2021. The allegations come just one day after the US and UK had accused China of hacking journalists, officials and pro-democracy activists among others. “The use of cyber-enabled espionage operations to interfere with democratic institutions and […]Read More
The worst maritime disaster of 2024 and could four Indians be responsible? That’s the million-dollar question as emergency crews, fire-fighters and diving teams struggle to contain the disaster caused by the Singapore-flagged container ship Dali ramming into the Francis Scott Key bridge sited over Maryland’s Patapasco River early this morning. The entire bridge collapsed. According […]Read More
Hamas leader Ismail Haniyeh is visiting Tehran on Tuesday, said Iran’s official news agency IRNA. This is only his second visit to Tehran since Hamas’s attacks on Israel on Oct 7. Local reports say he is scheduled to meet with Iran’s Foreign Minister, Hossein Amir-Abdollahian. Haniyeh’s visit comes after the recent UN Security Council resolution […]Read More
External Affairs Minister S Jaishankar stated that India “firmly supported” the Philippines in upholding its national sovereignty. The remarks by the minister came in response to a question during a joint press conference with his Filipino counterpart Secretary for Foreign Affairs of the Philippines Enrique Manalo. “We are also convinced that the progress and prosperity […]Read More
North Korean leader Kim Jong Un’s sister, Kim Yo Jong, has stated that Japanese Prime Minister Fumio Kishida has requested a summit meeting. A press statement issued by North Korea’s official press agency KCNA quoted her as stating that Kishida had “conveyed his intention to personally meet the President of the State Affairs of the […]Read More