On Wednesday, in a statement a senior official from the US State Department said, the U.S. government had approved $200 million in additional defensive security assistance to Ukraine in December 2021. “We are committed to Ukraine’s sovereignty and territorial integrity… Read More ›
Geopolitics
Britain supplying anti-tank weapons to Ukraine
In a statement Britain said, it has begun supplying anti-tank weapons to Ukraine to help defend itself from a potential invasion. The development comes in the wake of Russia amassing troops near the Ukrainian border. Western countries fear Russia is… Read More ›
India’s Near Term Growth Expected To Be Hit By Third Wave Of Covid-19 Infections
Even though the overall economic impact of the third wave of Covid-19 infections is expected to be less disruptive than prior waves, some economists foresee weaker growth in the short term for the Indian economy. In a January 9 note, Citi economists Samiran Chakraborty… Read More ›
US looking at contingency plans for gas supply to Europe, on the back of Russia-Ukraine tensions
In a significant development the Biden government has held talks with several international energy companies on putting in place contingency plans for supplying natural gas to Europe in the event gas supplies to Europe are disrupted because of Russian and… Read More ›
UK And India Begin Negotiations On A Possible Free Trade Agreement
Representatives of the Indian and British government ended the first day of discussions over a potential free trade agreement in New Delhi. The goal is to sign a deal before the end of the year that will increase trade and… Read More ›
Record Trade Surplus Posted By China In Dec And 2021 With Surge In Exports
China’s exports surpassed forecasts during a global pandemic, resulting in a record surplus in trade for the country in December and for the entire of 2021. However, some analysts predict a downturn in overseas shipments in the next few months. According to figures… Read More ›
Massive cyberattacks hits Ukraine, warns expect the worst
On Friday, Ukraine was hit by a massive cyberattack. Russia has also released footage of more forces being deployed on Ukraine’s border in a drill. These developments come at a time when no breakthrough agreement was reached between Russia and… Read More ›
Europe at greatest risk of war in 30 years: Poland’s foreign minister Zbigniew Rau
In a statement Polish foreign minister Zbigniew Rau warned, Europe is closer to war than it has been in the last 30 years. The warning comes at a time after a third round of diplomacy aimed at defusing tensions over… Read More ›
A Free Trade Deal With India In 2022 Would Be A Relief For The UK
For the United Kingdom, trade talks with India are not completely comfortable. However, with no progress on a free trade agreement with the United States and none expected in the near future, the formal initiation of trade discussions with India,… Read More ›
British Trade Minister Anne-Marie Trevelyan arrives in India to secure post-Brexit trade deals
On Wednesday, British Trade Minister Anne-Marie Trevelyan arrived in India in an effort to boost economic ties between the two countries. The development marks Britain trying to sign trade deals after its departure from the European Union – the world’s… Read More ›