Category: World

  • UN’s Syria envoy quits

    UN’s Syria envoy quits

    The U.N.’s special envoy to Syria, Staffan de Mistura, announced Wednesday that he would step down at the end of November as U.N.-led peace talks in the long conflict continue to stall…

  • Poland signs LPG deal with the US

    Poland signs LPG deal with the US

    Polish state-run gas company PGNiG has reached a long-term agreement with two American companies for the purchase of liquefied natural gas (LNG) from the United States amid efforts to make Poland independent of Russian supplies…

  • US’s new Trade deals with Japan, UK & EU

    US’s new Trade deals with Japan, UK & EU

    The US has said it intends to negotiate three separate trade agreements with Japan, the UK and the EU as part of US President Trumps efforts to reshape trade policies to support his “America First “ agenda…

  • China’s hidden ‘Titanic’ Debt

    China’s hidden ‘Titanic’ Debt

    Unreported Chinese local governments debt may have accumulated over 40 trillion yuan ($5.8 trillion) from off-balance sheet records. This could mean that the country’s debt-to GDP ratio has hit alarming levels, S&P Global Ratings said in a report released Tuesday…

  • Justice for Jamal?

    Justice for Jamal?

    Incentives offered by Prince MBS may have persuaded Turkish and American heads of state to support the kingdoms claims of innocence in the case of Saudi Journalist Jamal Khashoggi, who was allegedly killed in the Saudi consulate in turkey. Congressional leaders who are pursuing justice could be fighting a losing battle. Jamal Khashoggi is one…

  • Economic crisis in Zimbabwe

    Economic crisis in Zimbabwe

    After enduring through hyperinflation and economic crisis in 2008, Zimbabwe is yet again facing the fear of another round of hyperinflation as people ration basic necessities like bottled water and even beers. Zimbabwe is a landlocked country located in southern Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa, Botswana…

  • Japan to hike consumption tax in 2019

    Japan to hike consumption tax in 2019

    Prime Minister Shinzo Abe announced that the government will be hiking the consumption tax to 10 per cent from the initial 8 per cent. This hike is scheduled to come into effect in October 2019, after retracting twice from its original proposed date of October 2015. A tax levied on the consumption of goods and…

  • US budget deficit: six-year high

    US budget deficit: six-year high

    The US budget deficit has increased to six-year high of $779 billion at the end of President Trump’s first full fiscal year in the White House, primarily due to continued borrowing. The United States federal budget is a representation of the financial image of the priorities of the government …

  • Dassault Delivers

    Dassault Delivers

    Unfazed by the controversy caused by Dassault document leaks last week, the company’s CEO announced that the company will start delivering the 36 fighter jets from 2019. In 2007, the Indian Air Force advanced a proposal to buy 126 fighter aircraft. The IAF has a strength of 34 squadrons in total but hoped to acquire…

  • UNESCO committed to Palestine

    UNESCO committed to Palestine

    UNESCO’S 59-member executive board approved by consensus, two resolutions with regard to the status of Jerusalem and the Israeli – Palestinian conflict in general. UNESCO (United Nations Educational Scientific and Cultural Organization) is known for its work to preserve heritage, including maintaining a list of World Heritage sites, and…