Category: World

A significant proportion of Swedes and Danes would prefer to be part of a ‘Nordic union’ between Sweden, Denmark, Norway, Finland and Iceland rather than the European Union, a new poll shows. Scandinavia is a region in Northern Europe, with strong historical, cultural and linguistic ties. The term..

Mexico, the top importer of US wheat, is seeking alternative suppliers to reduce their dependence on the US as trade relations between the two neighbours deteriorate. US wheat exports to all countries..

The United States has planned a waiver for India, Indonesia and Vietnam to avoid CAATSA’s secondary sanctions imposed on Russia’s defence sector. India has long maintained cordial relations with Russia since Independence through a non-aligned..

Leaders of the BRICS bloc have signed a declaration Thursday supporting an open and inclusive multilateral trading system under WTO rules, agreeing to fight unilateralism. BRICS is a conglomerate of five of the largest emerging..

Since January 2018, the periodic clashes between farmers and herders has overtaken the Boko Haram crisis as the deadliest conflict in Nigeria. Thousands of people have been killed and displaced across the country. Nigeria is a federal republic in West..

UN Secretary General Antonio Guterres said in a letter sent to member states that as of June 30, the core UN budget had a deficit of $139 million and that they had “never faced such a difficult cash flow situation this early in the calendar year.”..

India’s Hindustan Petroleum Corp (HPCL) cancelled the purchase of an Iranian oil cargo earlier this month after its insurance company refused to provide coverage for the crude because of U.S. sanctions..

The world’s top oil exporter,Saudi Arabia has temporarily suspended all oil shipments through the Bab al-Mandeb Strait after attacks on two crude-carrying vessels by Houthi rebels in Yemen. The Kingdom of Saudi..

The European Union and US have reached a truce in the global trade war through agreements on eliminating transatlantic trade barriers for many industrial goods and on reforming the World Trade Organization (WTO). President Trump is known to have..

Iran’s Supreme Leader and President Hassan Rouhani has replaced the governor of the central bank as the faltering economy prepares for US sanctions. The Iranian Rial has lost about a third of its value over..