After World War II, the world was characterized as bipolar with the presence of the United States and the then-USSR. But after the Cold War, the United States became the only superpower or hegemon, and the world became unipolar. However, si...
Oil, which accounts for approximately 3% of global GDP, is regarded as one of the most important commodities in the world, as it powers everything from everyday items such as crayons, credit cards, paints, and pens to high-end items such as...
On December 7, Chinese President Xi Jinping visited the Kingdom of Saudi Arabia for a three-day visit after clinching a third term as general secretary of the Chinese Communist Party, chairman of the Central Military Commission, and effecti...
The year 2021 marked two decades since the term "BRICS" was first used by former Goldman Sachs economist Jim O'Neill in the early 2000s to refer to the four rapidly developing nations that appeared most likely to start catching up to the We...
The Financial Action Task Force (FATF) has added Myanmar to its category of “high-risk jurisdictions subject to a call for action” popularly referred to as the “Blacklist”. The statement from FATF stated that Myanmar continuously showed a l...
The Indian Air Force celebrated its 90th anniversary outside of Delhi for the first time on October 8, 2022. The celebrations in Chandigarh included a spectacular hour-long air display over Sukhna Lake with as many as 80 aircraft. In additi...
Recently, Saudi Arabia and its OPEC Plus allies, including Russia, agreed to an unexpected drop in the oil supplies, which will result in the soaring up of oil prices worldwide. The move is seen as a rebuke to the statement made by United S...
The Nord Stream 1 pipeline, which carries gas from Russia to Europe, has been shut down after multiple leaks were discovered. This pipeline carries natural gas from Russia to the European Union. It supplies about 35% of the gas that the EU ...
India, the world's third-largest emitter of greenhouse gases and third-largest energy producer and consumer, vowed to achieve net zero emissions by 2070 during the COP26 summit in 2021. In a recent webinar on "Energy for Sustainable Growth,...
During a speech at the US-Arab summit in Jeddah, Crown Prince Mohammed bin Salman stated that Saudi Arabia will not have any more ability to boost its oil output beyond 13 million barrels per day. Saudi Arabia now has an oil production capa...
India re-established its presence in Afghanistan after sending a "technical team" of officials and reopening its Embassy in Kabul after nearly ten months, in the backdrop of a severe earthquake that devastated parts of Paktika and Khost pro...
On the 15th of July, the first meeting was held among the heads of government of India, Israel, the United States and the United Arab Emirates (UAE), later known as as the 'West Asian Quad'. During US President Joe Biden's trip to West Asia...
