According to two sources familiar with the matter at hand, Alphabet Inc’s Google is in talks with the Indian government to integrate its shopping services with the country’s open e-commerce network ONDC. In late April, India launched its Open Network for… Read More ›
Strategy
US witnessing highest inflation in four decades
Americans are seeing the highest levels of inflation in four decades. Earnings from retailers are showing a split in shopping patterns even as prices of everything ranging from toothpaste to TVs have curbed the spending habits of US consumers. While… Read More ›
LNG price volatility impeding push towards decarbonization
Forecasts of tighter LNG supplies along with volatile prices for the next few years are keeping buyers on edge and are impeding the push towards alternative energy sources. As a result of these factors, energy security has become a top… Read More ›
Poland’s parliament clear judicial reforms bill, to unblock EU COVID-19 recovery funds
In a significant development, the Polish Parliament voted in favour of a bill that will replace a contested disciplinary chamber for judges with a new body; the development clears the way for Poland to tap billions of euros from the… Read More ›
Egypt purchases 23 Chinook helicopters from US for $2.6 billion
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of CH-47F Chinook helicopters and related equipment to Egypt for an estimated cost of $2.6 billion. Egypt had requested to purchase 23 CH-47F Chinook helicopters…. Read More ›
Australia boosts weapon purchase from US
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 ›
Threat From Monkeypox Is Significant With One Crucial Difference With Covid
Monkeypox’s unexpected arrival in multiple nations around the world is a worrying outbreak, according to the chairman of the Coalition for Epidemic Preparedness Innovations, but the virus does not pose the same worldwide threat as Covid-19. His remarks come as… Read More ›
Ukraine War Could Lead To A Global Recession, Warns World Bank Boss
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 ›
Egypt to host COP27 climate summit in November 2022
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 ›
Biden’s Iran strategy needs more clarity
Even as the United States gets ready to tighten sanctions and counters Iranian threats, it is at the same time making efforts to revive the 2015 Iran nuclear deal. “We do not have a deal … and prospects for reaching… Read More ›