North Korea, China Resume Freight Train Services: Reports
North Korea and China have resumed freight train services after a five-month suspension. The suspension was due to the pandemic, South Korean media reported. A freight train traveled from the Chinese border town of Dandong to North Korea’s Sinuiju, South Korea’s Yonhap news agency reported on Monday. Trains had been suspended since April 29, following […]
Russia’s Lavrov vows ‘full protection’ for any annexed territory
Russian Foreign Minister Sergey Lavrov says regions of Ukraine where widely-criticised. The referendums are being held will be under Moscow’s “full protection”, If they are annexed. Raising the prospect of the use of nuclear weapons if Kyiv tries to retake those territories. Lavrov’s comments at a news conference in the US city of New York […]
US Sends ‘Dangerous Signals’ to Taiwan, China Tells Blinken
China has accused the United States of sending “very wrong and dangerous signals” to Taiwan. China told Washington it had no “right to interfere” in any method Beijing can use to “solve” the Taiwan issue. Taiwan was the focus of 90 minutes of “direct and honest” talks. U.S. Secretary of State Antony Blinken and Chinese […]
Biden urges the world to help Pakistan “underwater”
As Prime Minister Shehbaz Sharif on Wednesday urged the international community. Shehbaz urged to remain committed to Islamabad. As it struggles to recover from the devastating effects of this season’s unprecedented floods. US President Joe Biden made a fervent appeal to the world to help Pakistan deal with the devastation of the recent floods. He […]
Powell Says Recession May Be the Price to Pay for Crushing Inflation
Federal Reserve officials gave their clearest signal yet that they are willing to tolerate a recession as the compensation needed to regain control of inflation. Policymakers were criticized for being too late to realize the size of America’s inflation problem. Policymakers are moving aggressively to catch up. They raised interest rates by 75 basis points […]
Putin announces partial mobilization and threatens nuclear retaliation in escalation of Ukraine war
The Russian president, Vladimir Putin, has announced a partial mobilization in Russia in a major escalation. That escalation places the country’s people and economy on a wartime footing. Putin also threatened nuclear retaliation. He said that Russia had “lots of weapons to reply” to what he called western threats on Russian territory and said that […]
Meghan and Prince Harry share sweet bond with Kate and William’s kids at Queen’s funeral
Prince Harry and Meghan Markle reunited with the royal family once again on Monday as they bid an emotional farewell to the Queen at her funeral. The Duke and Duchess of Sussex appeared to mingle with some members of their family. It was including the Prince and Princess of Wales, and their children, Prince George […]
Fed Set for Big Rate Hike as Waters Get Choppy for World’s Central Banks
WASHINGTON, Sept 21 – The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point. It is for the third time in a row and signaled how much more and how quickly borrowing costs might need to rise. To control a potentially corrosive inflation outbreak. The policy decision, to be announced at […]
Global economy faces four key risks, warns Singapore’s MAS chief
The global economy faces not one, but four key uncertainties. It includes a recession next year, according to Singapore’s central bank chief Ravi Menon. A recession would be a sign that authorities will be in firefighting mode for longer. The key question is how deep and prolonged the recession will be. Menon is the managing […]
Modi assails Putin over Ukraine war
SAMARKAND: Indian Prime Minister Narendra Modi told Russian President Vladimir Putin on Friday that now was not the time for war directly attacking the Kremlin chief in public over the nearly seven-month conflict in Ukraine. Putin has said that Russia is not isolated because it can look east to major Asian powers such as China […]