In a statement on Friday, Saudi Arabia’s foreign ministry said, Foreign Minister Prince Faisal bin Farhan Al Saud met U.S. Secretary of State Antony Blinken in Washington and exchanged views on Iran’s nuclear program. “Had a productive meeting today with… Read More ›
Geopolitics
EU lawmakers back European Parliament environment committee, strengthens EU’s negotiating position in upcoming summit
Lawmakers from the European Parliament environment committee are fully backing the EU governments’ position for the COP26 climate summit, wherein countries will finalise rules to put the 2015 Paris Agreement into effect. The COP26 summit, will run from October 31… Read More ›
France, Germany, Ukraine and Russia agree to foreign minister meeting to resolve conflict in Ukraine
In a statement the German Government said, French President Emmanuel Macron and German Chancellor Angela Merkel have had phone calls with their equivalent in Russia and Ukraine and discussed the conflict in Ukraine. All four leaders agreed that their foreign… Read More ›
Pro-EU demonstrations rock Poland over Polish court ruling
On Sunday, more than 100,000 Poles demonstrated Sunday in support of European Union membership following a Polish court’s ruling that parts of EU law are incompatible with the constitution raising fears that Poland could potentially leave the bloc. Politicians across… Read More ›
Coming weeks decisive for Iran nuclear deal: German Chancellor Angela Merkel
In a statement, German Chancellor Angela Merkel said, the coming weeks will be decisive for the future of the Iran nuclear deal while adding, every day passing day that goes by without Tehran responding to U.S. overtures on the nuclear… Read More ›
The New Proposed Global Tax Overhaul Puts Developing Countries In Dilemma
In a global shakeup, Ireland may have done the previously unthinkable by giving up its prized 12.5 per cent corporate tax rate. But it and other developed countries appear set to continue dividing the spoils of foreign direct investment. On… Read More ›
IMF Still Trying To Ramp Up Support For Its Proposed New Trust To Help Poorer Countries
Member support for a proposed Resilience and Sustainability Trust is still being sought by the International Monetary Fund. This trust will give an opportunity for richer nations to divert their IMF reserves to nations that are in need of funding…. Read More ›
EU postpones trade talks with Australia
On Friday, in a statement Australian Minister for Trade Dan Tehan said, trade talks with the European Union have been postponed. The development comes in the wake of Canberra deciding to cancel a $40 billion submarine deal with France. Last… Read More ›
Developing Countries Have $385 Billion In Hidden Debts Due To Chinese Loans, Says A Study
According to a recent research, China’s Belt and Road Initiative has prompted dozens of low- and middle-income nations to accrue $385 billion in “hidden debts” to Beijing. AidData, an international development research lab headquartered at Virginia’s College of William and… Read More ›
Germany’s September Inflation Rate Grows At Record Pace
Data released on Thursday showed that the pace of growth of inflation in Germany for the month of September was a record of sorts. The data underscored the increasing price pressure on the largest economy of Europe as it attempts… Read More ›