The U.S. State Department has approved the sale of mobile rocket launchers to Australia. The development comes at a time when Canberra is seeking to boost its military presence in the Indo-Pacific region, midst growing Chinese belligerence. In a statement… Read More ›
The World Bank’s chief economist has warned that Russia’s invasion of Ukraine might trigger a global recession if food, gasoline, and fertiliser prices rise. On Wednesday, David Malpass said it’s tough to “see how we avoid a recession” during a… Read More ›
According to a senior Egyptian official, Cairo will position itself as an impartial arbiter while hosting this year’s COP27 climate summit. It will pushes nations to act on their climate pledges while promoting the interests of the developing world. In… Read More ›
J.D. Power and LMC Automotive, two consultant firms in the auto industry, have both lowered their worldwide light vehicle sales projection for 2022, citing lockdowns in China as well as the ongoing conflict in Ukraine as the factors that has impacted auto manufacturing in the sectorsecin. The… Read More ›
Members of the World Health Organization formally decided to overhaul the organization’s finance mechanism, which has been characterized as “fundamentally rotten” because to its dependence on the whims of donors. The strategy, which has already been agreed to last month by… Read More ›
In a statement German Finance Minister Christian Lindner said, it was impossible to say how much it would cost to rebuild Ukraine. “The Ukrainian side doesn’t talk a lot about reconstruction. The priority is stopping the war, the priority is… Read More ›
The president of the International Monetary Fund (IMF) told the BBC that governments should subsidise the cost of food and electricity for the weakest sections of society. People all throughout the world are trying to keep up with escalating living… Read More ›
An acute shortage of medicine in Sri Lanka resulting from the economic crisis will soon result in deaths, according to doctors, as hospitals are compelled to postpone life-saving surgeries for their patients due to a lack of drugs. Sri Lanka… Read More ›
On Tuesday, in a significant development Afghanistan’s Taliban Administration said, it will sign an agreement with the United Arab Emirates (UAE) to share responsibility for operating airports in the country. The announcement was made on Twitter by Taliban leader Mullah… Read More ›
The United States issued an advisory warning U.S. companies of growing reputational risks of doing business with state-owned enterprises and military-controlled companies in Sudan. “These risks arise from, among other things, recent actions undertaken by Sudan’s Sovereign Council and security… Read More ›
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