In September 2013, China's President Xi Jinping unveiled the One Belt, One Road Initiative. Although many people didn't pay much attention to it at first, the concept has since evolved into a more prominent international project. This Proje...
In a surprising turn of events, China’s exports rose unexpectedly in March this year, bouncing back from a decline in the United States and European demand following interest rate hikes aimed at curbing inflation. According to the customs d...
The cost of war is enormous at any time in history, and the current decisions being made by world leaders are a reflection of that, Russian President Vladimir Putin has announced Partial mobilization in the country and given a brief explana...
According to The New York Times, the European Union is contemplating "smart sanctions" against Russian oil imports, as per the statement by Valdis Dombrovskis, the European Commission's executive vice president. [1] The EU, on the 25th of A...
Global oil prices witnessed a surge during the recovery period after COVID-related lockdowns. It rose to nearly 100 USD per barrel as the demand for oil increased. Oil is correctly termed as ‘black gold’ because it is accounted as the most ...
The Mozambique Channel is about 100 nautical miles long and 250 nautical miles wide. To its east, lies the world’s fourth largest island Madagascar, and Mozambique to the west. Before the opening-up of Suez Canal on 17 November 1869, the Mo...
China has been investing in Asia and Africa so as to further its trade and investment prospects under BRI, and one of the means that it has adopted in Africa is to develop ports and associated infrastructure. This is meant to harness resour...
The president of Brazil Jair Messias Bolsonaro was the chief guest during the Republic day parade in India in 2020. At political level the two countries are engaged through G-20 summit and BRICS meetings. The total trade between the two cou...
