Japan’s central bank has decided to scrap the world’s last negative rate policy for the first time in 17 years. The Bank of Japan (BOJ) announced that it was changing its short-term policy rate from -0.1% to between zero and 0.1%. The negative rate policy was implemented way back in 2016 and has been a […]Read More
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Evergrande Group, the main company behind China’s real estate crisis, had inflated revenue by over $78billion in two years, China’s top securities regulator said. According to China Securities Regulatory Commission (CSRC), Evergrande boosted its income in 2019 by $29.7 billion by recognising sales in advance and another $48 billion in 2020 annual results. Evergrande’s founder […]Read More
It may seem odd that less than a week after hosting his Bhutanese counterpart Tsering Tobgay, Prime Minister Modi is packing his bags for two days (Mar 21-22) in Thimphu. A ready explanation offered by a former Indian diplomat was that “Any relationship requires tending, and back and forth visits are not only needed to […]Read More
In his first remarks on the activist’s death, which he described as a “sad event” Putin told a victory rally in Moscow Sunday that he had agreed to swap Navalny for "some people" currently imprisoned in the West. Read More
'We're tired of the blackouts and empty shelves. We just want to live with dignity,' said one protestor. Read More
Gunmen in Nigeria have carried out another abduction, taking at least 87 individuals including women and children captive in the Kajuru area of Kaduna state, according to local residents and police reports Monday. This incident follows closely on the heels of a recent attack where 286 students and staff were seized from a school by […]Read More
New York's attorney general Letitia James. has vowed to seize his assets if he does not pay the fraud penalty, which will keep accruing interest by at least $112,000 per day until he pays, Read More
'Pakistan has avenged the blood of martyrs and targeted the safe havens of terrorists near the border,' said former caretaker information minister of Balochistan.Jan Achakzai,Read More
Putin Victorious, Gangster Says Critic Russia’s President Vladimir Putin coasted to an easy victory in the elections held over the weekend. With virtually no credible opposition to challenge him, he won on the back of a voter turnout of over 74%, well above the 67% figure of the 2018 election (which he had also won […]Read More
Elon Musk has a vision of his Starship rocket journeying to Mars just five years from now. According to the online weather.com, Musk expressed confidence in Starship’s capabilities after its successful third test flight. He believes it is ready for crewed missions to the Moon by 2026. Starship, says weather.com, is the world’s most powerful […]Read More
European Union (EU) foreign policy chief Josep Borrell has said that the Israeli campaign in Gaza has turned it into the world’s biggest “open-air graveyard”. “Gaza was before the war the greatest open-air prison. Today it’s the greatest open-air graveyard,” Borrell said as reported by AP. “It’s a graveyard for tens of thousands of people […]Read More
With the Israeli offensive in Gaza in its fifth month, pressure is building up on Prime Minister Benjamin Netanyahu. And it’s not only directed from foreign governments. Now, non-state actors such as Hamas and the Houthi rebels in Yemen are said to have agreed to join hands against Israel. Senior members of both the armed […]Read More
US president Joe Biden took a dig at Donald Trump’s mental fitness during a speech at the Gridiron Dinner in Washington on Saturday. “One candidate is too old and mentally unfit to be president. The other one is me,” Biden said. The dinner was attended by overt 650 guests and included Amazon founder and Washington […]Read More
This may not be widely known but Delhi is a refuge to as many as 6000 people from Myanmar who have fled their home country to escape repression by the military junta. But Mizoram has even more, around 60,000, says Soe Myint, editor of Mizzima News, and this is something which underscores the extent of […]Read More
China has announced that the nine-year streak of declining marriage registrations in the country ended last year. According to the data, the number of newlywed couples rose to 7.68 million, which was a rise of 845,000 compared with 2022. The data comes days after China’s Premier Li Qiang said that the government would work towards […]Read More
Former US president Donald Trump has said that he favours a national abortion ban after a certain number of weeks. Speaking to Fox News, Trump said that he would “soon” issue a proposal on the number of weeks at which a ban should be implemented. “We’re going to find out. Pretty soon, I’m gonna be […]Read More
The European Union has signed a $8.05 bn deal with Egypt to help revive its economy. Part of the deal also gives aid to tackle migrant inflow into Europe. The strategic partnership involves soft loans to support economic changes along with $218mn for managing migration issues. The deal comes a year after the EU signed […]Read More
Russian President Vladimir Putin has predicted that in the coming years, Russia-China relations would become stronger. Partial results which were announced yesterday showed that Putin had won with a thumping majority. According to an exit poll by pollster the Public Opinion Foundation (FOM), Putin won 87.8% of the vote, the highest ever result in Russia’s […]Read More
North Korea has fired short-range ballistic missiles that came along with a visit of US secretary of state Antony Blinken to neighbouring South Korea. “North Korea fired an unspecified ballistic missile toward the East Sea,” the US government said. The Japanese defence ministry said that North Korea fired three ballistic missiles toward waters off the east […]Read More
Houthi Attacks on shipping in the Red Sea by Yemen’s Houthis and retaliation by US and allied forces have come as a “double whammy” for India, says Capt. Sarbjeet Singh Parmar, formerly of the Indian Navy and a maritime security specialist. It has caused ships bound for Indian ports to reroute around the Cape of […]Read More