The new president of the United States has shelved the Keystone XL pipeline project on his first day at office but despite that the US has been able to position itself to pull in record imports of Canadian oil in… Read More ›
Geopolitics
Daniel Smith appointed as acting U.S. Secretary of State
In a statement the White House said, Daniel Smith, director of the Foreign Service Institute (FSI), has been appointed as acting secretary of state following Joe Biden’s swearing in as President. Smith will fill the role temporarily until Biden’s nominee,… Read More ›
UAE signs deal with US to buy 50 F-35 fighter planes, 18 armed drones
According to sources familiar with the situation, the United Arab Emirates has signed a deal with the United States to buy 50 F-35 fighter jets and up to 18 armed drones. Both countries were working to ink the deal before… Read More ›
Europe and America should build new transatlantic founding pact: European Council President Charles Michel
In a significant development, the European Union called on incoming U.S. President Joe Biden to form a “new founding pact” with Europe and collaborate on a wide range of issues including security, freedom, peace, prosperity, and human rights. “Today is… Read More ›
Biden Administration should build on gains made by Trump Administration: exiting EXIM bank chief
In a significant development, Kimberly Reed, the head of the Export-Import Bank of the United States (EXIM) urged the incoming Biden administration to build on gains made by the Trump Administration to neutralize Chinese export subsidies and provide U.S. companies… Read More ›
Malaysia Files Case Against EU At The WTO Over Restrictions On Palm Oil As Biofuel
The European Union and its member states France and Lithuania had previously imposed restrictions on palm oil based biofuels from Malaysia and the Malaysian government will be initiating legal action against these parties at the global trade watchdog – the… Read More ›
Trump Administration unveil rules to protect U.S. telecom supply chain
In a significant development, the Trump Administration has labeled China, Iran, Russia, Cuba and North Korea as foreign adversaries as part of a new set of rules aimed at protecting the U.S. telecoms supply chain. The rules, which implement an… Read More ›
Efficacy Of Its Covid-19 Vaccine Defended By China’s Sinovac After Poor Brazil Data Emerges
Researchers in Brazil announced results of late-stage clinical trial data of the Covis-19 vaccine developed by China’s Sinovac Biotech which showed that the vaccine candidate’s efficacy was much lower than the initial claims by the Chinese firm. However the safety… Read More ›
70,000 Accounts That Shared QAnon Conspiracy Theories Suspended By Twitter
More than 70,000 accounts that were dedicated primarily to share QAnon content were suspended by the social media company Twitter, the company has said, which, according to analysts, is a part of the efforts of the platform to be strict… Read More ›
Australia blocks Chinese-state owned company from acquiring domestic peer involved in high profile construction projects
In a significant development, Australia has blocked a Chinese construction company from buying out a domestic builder involved in several high-profile projects, citing national security concerns, reported local media reports. In a regulatory filing to the Johannesburg stock market filing… Read More ›