World news
- World
China provides USD 2.5 bn loan to Pakistan to boost its forex reserves
Beijing: China has again rushed to bail out Pakistan by providing USD 2.5 billion in assistance to prop up the fast-depleting foreign exchange reserves of its cash-strapped all-weather ally, months after it…
- Middle East
UN cuts Yemen food rations due to funding gap, Ukraine crisis
The United Nations World Food Program on Sunday said that it has further cut the ration to Yemen due to a shortage of funding and the ongoing Ukraine crisis. This move by…
- World
NATO to put 300,000 troops on high alert in response to Russia threat
Madrid: NATO Secretary General Jens Stoltenberg said this weeks Madrid summit will agree the alliances most significant transformation for a generation, putting 300,000 troops at high readiness in response to Russias invasion…
- India
Pak to approach G20 countries to prevent India from holding event in Jammu and Kashmir
Islamabad: Pakistani government has decided to reach out to G20 countries in an attempt to stop India from holding an event or meeting of the grouping in Jammu and Kashmir (J&K). Pakistan foreign…
- Technology
China clears law to penalise internet firms for abusing market competition
Beijing: In a further crackdown on Internet and digital companies, China has cleared a revised anti-monopoly law that will shut loopholes in existing regulation in terms of abusing market dominant position, drawing…
- World
Russia defaults on overseas debt for 1st time in over a century
Moscow: Russia has defaulted on its overseas debt for the first time in more than a century after missing a deadline, reports suggest. Russia has the money to make a $100 million…
- World
War must end before winter begins: Zelensky tells G7
Kiev: In a virtual address to the G7 Summit, Ukrainian President Volodymyr Zelensky said on Monday that he wanted the ongoing war waged by Russia against his country to end before winter. The…
- World
G7 leaders launch PGII to rival China’s BRI
Berlin: G7 leaders have launched a detailed plan to to mobilise hundreds of billions of dollars and deliver quality, sustainable infrastructure in a move deemed to counter Chinese President Xi Jinping’s ambitious Belt…
- World
US: Indian-origin man shot dead execution-style in New York
New York: An Indian-origin man was shot dead execution-style as he was sitting in a jeep near his home in New York, according to media reports. After the shooting on Saturday afternoon, Satnam…
- World
Sri Lanka hikes fuel prices as filling stations go dry
Colombo: Crisis-hit Sri Lanka has hiked petrol price by LKR 50 and diesel by LKR 60 respectively, the third price revision in over two months, as the country continues to reel under the…
- World
Russia takes full control of key Ukrainian city: Official
Kiev: The Mayor of Severodonetsk has confirmed that Russian forces have taken full control of the key Ukrainian city located in the separatist Luhansk region. “The Russians have fully occupied Severodonetsk, our military…
- World
Sri Lanka reduces amount of holding foreign currency
Colombo: The Central Bank of Sri Lanka on Saturday announced that the amount of foreign currency an individual can hold has been reduced from $15,000 to $10,000. The central bank said the…
- World
Top US delegation to visit Sri Lanka to help avert crisis
Colombo: In an effort to help avert the ongoing economic crisis in Sri Lanka, a top delegation from the US comprising officials from the Departments of State and Treasury will embark on…
- World
Congress sends landmark gun violence compromise to Biden
Washington: The House sent President Joe Biden the most wide-ranging gun violence bill Congress has passed in decades on Friday, a measured compromise that at once illustrates progress on the long-intractable issue and…
- World
Ukrainian forces asked to retreat from key eastern city
Kiev: Amid escalating Russian advances, Ukrainian forces in Severodonetsk have been asked to retreat from the key city in the eastern Luhansk region where fierce battles are currently raging, a top leader…
