Many South Asian countries are currently experiencing an economic crisis. The economies of Sri Lanka, Pakistan, Bangladesh, and Nepal have been facing severe trouble. The number of South Asian economies in turmoil only increases if we inclu...
The G20 Foreign Minister’s Meeting (FMM) held on 7-8 July 2002 was marked by the theme “Building a more peaceful, stable, and prosperous world together”. The meeting was divided into two sessions. The first session held was regarding streng...
Rising commodity prices will have a negative effect on global growth. It will also increase the pressure on global inflation, as it will lead to higher prices for food and energy and on many other commodities. Although the effects of rising...
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...
The Covid-19 lockdown in Shanghai has raised concerns about China's economic outlook for the rest of this year. This week's release of first-quarter gross domestic growth data will provide a clearer indication of how policymakers in Beijing...
In the two months since the conflict in Ukraine began, Russia has taken various steps to counter the West's economic interests. While it can claim victories, the full impact of the sanctions is starting to be felt. The West imposed various ...
In Feb 2019 Ukraine's constitution was amended to commit to joining European Union (EU), North Atlantic Treaty Organization (NATO). An official application for Ukraine to join the EU was signed by Volodymyr Zelenskyy on 28 Feb 2022. But the...
The sanctions on Russia would have an impact on its oil exports. Countries like India and even China has been asked to reduce their imports of Russian Oil. The sanctions regime would have an impact on Russian export income but the countries...
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 ...
Four weeks have passed since Russia began its military invasion of Ukraine. Over the last few months in 2021, Russia was building up its military presence along the border with Ukraine in an overt response to increasing NATO expansion eastw...
In the next few days, India would be hosting the Japanese Prime Minister Fumio Kishida from 19 March 2022 to 20 March 2022. It has to be understood that India and Japan already share a long-lasting friendship and since 2000s, both the count...
Turkey’s economy is at an all-time staggering low with its currency Lira below $7.60 and a per capita income of barely $8900. The country is suffering from a double-digit inflation and high unemployment rates due to the sharp impact of the ...
