In a statement the office of Turkish President Tayyip Erdogan said, the President will travel to Saudi Arabia on a two-day visit on Thursday. The development marks the culmination of a months-long effort by Ankara to mend ties with Riyadh…. Read More ›
Month: April 2022
USDA and USAID to contribute $700M towards food security in Africa
In a statement the U.S. Department of Agriculture (USDA) and the U.S. Agency for International Development (USAID) said, they will contribute around $700 million in total to international food security efforts. The funds will go to emergency food operations in… Read More ›
Russia halts LNG supplies to Poland and Bulgaria
On Wednesday, in a significant development, Russia halted gas supplies to Poland and Bulgaria after both countries rejected Moscow’s demand to pay for Russian gas in Rubles. The development comes in the wake of massive sanctions by Western countries against… Read More ›
Microsoft’s $15 Billion Cybersecurity Division Is Providing Investors With Additional Reasons To Be Optimistic
Microsoft CEO Satya Nadella acknowledged the amount of the software company’s security business for the first time in January 2021. The sum was significant. On an earnings call, Nadella told analysts that the company had hit $10 billion in yearly… Read More ›
Donald Trump Will Not Return To Twitter Even If Ban On Him Is Lifted By Elon Musk
Former United States President Donald Trump has said that he would not return to Twitter even if the company’s new owner, Elon Musk, restored the former president’s ban. “No, I won’t be going back on Twitter,” Trump said in an interview… Read More ›
Photonics startups gaining traction in funding rounds
Computer technology that uses photons rather than electric currents for processing, which a few years ago were only research projects, are now gaining traction with such startups gaining big funding. The latest case in point is Ayar Labs, a startup… Read More ›
Musk acquires Twitter Inc for $44 Billion
In a significant development Elon Musk has agreed to acquire Twitter Inc for $44 billion in an all cash deal. Musk, who terms himself as a free speech absolutist, was earlier critical of Twitter’s moderation. He aims to place Twitter’s algorithm… Read More ›
Britain reduces tariffs on Ukrainian exports to Britain to zero
In a statement the British government said, all tariffs on goods exported by Ukraine to Britain under an existing free trade agreement will be removed to help the Ukrainian economy. “All tariffs would be reduced to zero and all quotas… Read More ›
Europe-South Korea relations key to managing fallout of US-China rivalry
According to former ambassadors and government officials, it is important that Europe nurtures closer ties with South Korea under South Korean President elect Yoon Suk-yeol to manage China’s rising power and the increasing rivalry between the United States and Beijing…. Read More ›
Sri Lanka in early debt refinancing talks with China
On Tuesday, a spokesman for Sri Lanka’s cabinet said, Sri Lanka has started negotiations with China on refinancing its debt as it struggles to manage its worst financial crisis in decades. “Now since the IMF is willing engage with Sri… Read More ›