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Economy

After Border Confrontations, Modi and Xi Will Finally Meet in Person

INDIA/CHINA: Indian Prime Minister Narendra Modi and Chinese President Xi Jinping will personally meet on Friday for the first time since deadly border conflicts...

Iran Signs Memorandum to Enter Asian Cooperation Body Founded by Russia, China

RUSSIA.Moscow: In a bid to overcome economic solitude amid rising tensions with the U.S. over imposed sanctions, Iran has officially signed a Memorandum of...

Top EU Nations Proceed with Global Tax Plan Despite Hungary Veto

EUROPE: A near-unanimous decision by four of the top kingpins of the European Union, including France, Germany, Spain and Italy, effectively ends months of...

Blinken Visits Ukraine to Offer $ 2 Billion Military Aid

UNITED STATES/UKRAINE: The United States on Thursday approved an additional $2 billion in loans and grants for Ukraine and its neighbours to buy American...

Britain Proposes $115 Billion-Plus Package to Curb Soaring Energy Bills

UNITED KINGDOM: Former Foreign Secretary Liz Truss, who won the Conservative leadership over the weekend and became the new British Prime minister, has now...

U.S. Bars “Advanced Tech” Companies from Building Factories in China for 10 Years

UNITED STATES: The Biden administration disclosed the specifics of the bill designed to compete with China's semiconductor industry and said that American tech businesses...

Liz Truss Stands by Europe as It Faces a Crucial Energy Crisis

UNITED KINGDOM/EUROPE: Britain's new Prime Minister has already taken cognisance of Europe's biggest energy crisis. She has planned a support package as the country...

India Became World’s Fifth Largest Economy, Surpassing United Kingdom As Per IMF Figures

INDIA: In recent months, IMF's figures have been calculated based on US dollars and surprisingly India left behind the United Kingdom and became the...

U.S. Denies Taliban Of Relief Fund

AFGHANISTAN/UNITED STATES: While Afghanistan continues to experience a serious humanitarian crisis, the U.S. continues to withhold "direct" help to the Taliban, who are now...

After an Interest Rate Warning, US Stock Markets Fell

UNITED STATES: To prevent inflation from becoming a persistent feature of the US economy, the bank's chairman, Jerome Powell, said the bank must continue...

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