A trade war initiated by US President Donald Trump would harm the global economy, including that of the country imposing the measures, European Central Bank (ECB) President Christine Lagarde warned
“If we were to go to a real trade war, where trade would be dampened significantly, that would have severe...
India and New Zealand on Sunday announced resumption of negotiations for a proposed free trade agreement, after it was stalled in 2015.
India and New Zealand began negotiating the Comprehensive Economic Cooperation Agreement (CECA) in April 2010 to boost trade in goods, services, and investment. However, after nine rounds of...
NASA has revealed that global sea levels have risen faster than anticipated in 2024. The US space agency reported that the rate of sea level rise last year reached 0.59 centimeters per year, surpassing the expected 0.43 centimeters. This acceleration is primarily due to the warming of ocean water,...
Uzbek President Shavkat Mirziyoyev met with Chairman of the Russian State Duma Vyacheslav Volodin on Friday, with a willingness to expand cooperation between their parliaments.
Mirziyoyev and Volodin addressed the current issues affecting the comprehensive strategic partnership between Uzbekistan and Russia during their meeting, according to a statement from the...
South Africa will host the first G20 Trade and Investment Working Group (TWGW) meeting under its presidency from March 18 to March 20. The TIWG meeting, which will be held virtually, will bring together senior officials from G20 member countries as well as the European Union and the African...
UN Secretary-General Antonio Guterres has announced a new initiative aimed at improving efficiencies at the 80-year-old world organisation and making it more cost-effective. The ‘UN80 Initiative’ will come up with proposals in areas of rapidly identifying efficiencies and improvements in the way the UN works. It will also review...
Russia said today that its operation to eject Ukrainian forces from the western region of Kursk has entered its final stage, seven months after Ukraine launched a surprise attack and seized part of its territory. Russian Chief of Staff General Valery Gerasimov said that 430 Ukrainian troops had been...
Yemen’s Houthis said on Tuesday they would resume attacks on Israeli ships passing through the Red and Arabian seas, the Bab al-Mandab Strait and the Gulf of Aden, ending a period of relative calm starting in January with the Gaza ceasefire.
The Houthis had launched more than 100 attacks targeting...
Ukraine has backed a US proposal for a 30-day ceasefire and agreed to immediate negotiations with Russia after talks in Jeddah, Saudi Arabia yesterday. The development comes over three years since the conflict between Kyiv and Moscow began. After more than eight hours of negotiations with Ukrainian officials in...
The European Union will impose counter tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods from next month in response to U.S. tariffs on steel and aluminium, the European Commission said in a statement on Wednesday.
The commission said it will end the current suspension of tariffs on...
