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 ›
Geopolitics
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 ›
EU Chief visits India with trade tech, military offers
On Monday, a senior official from the EU said, during European Commission President Ursula von der Leyen’s visit to India, she will seek to increase sales of European military equipment to India and relaunch talks of a free trade agreement…. Read More ›
Air Lease Corp to write off 27 jets stranded in sanction hit Russia valued at $802M
In a statement Air Lease Corp said, it is weighing options to write-off the value of 27 jets that are in sanctions-hit Russia, in a move that could lead to charges of nearly $802 million. Global aircraft leasing companies have scrambled… Read More ›
Johnson offers India know-how to build fighter jets, license for faster defense deliveries
In his first visit to India, British Prime Minister Boris Johnson is set to offer New Delhi know-how to build its own fighter jets and a licence for faster deliveries of defence equipment as it tries to wean India away… Read More ›
US to supply Phoenix Ghost drones to Ukraine
In a statement the Pentagon said, it will provide one time use attack drones in its latest arms package to the embattled country. The US has ramped up arms shipments to Ukraine ahead of a fresh Russian offensive in eastern… Read More ›
Russia probing cyber security vulnerabilities in critical infrastructure: CISA
Western governments have warned of potential cyber security threats by Russia against critical Western infrastructure as a response to sanctions imposed by them for its invasion of Ukraine. Cybersecurity agencies of the Britain, the United States, Australia, Canada and New… Read More ›
Boris Johnson to offer FTA, export opportunities during Indian visit
During his two visit to India, British Prime Minister Boris Johnson is set to offer New Delhi help to cut its reliance on Russian oil and defence equipment in a visit that will test his diplomatic skills and provide some… Read More ›
G7 finance ministers pledge 24 billion for 2022 and beyond to Ukraine
Finance ministers from the Group of 7 wealthy countries said, together they have pledged additional support to Ukraine in excess of $24 billion for 2022 and beyond; they also said, they were prepared to do more as and when required…. Read More ›
In March, ‘Panicked’ Russians Withdrew $9.8 Billion In Foreign Currency From Banks
Due to the severe financial western sanctions on Russia over its invasion of Ukraine, Russian families withdrew $9.8 billion in foreign currency from their accounts in March, while banks slashed new corporate lending by approximately one-third, according to the coutnry’s central bank. “The… Read More ›
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