G7 countries finally set the highly anticipated price restriction on Russian oil at $60 per barrel on December 3, 2022. This price ceiling applies to crude oil, petroleum oils, and oils derived from bituminous materials produced in or expor...
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 functions of the world are ever transforming with innovations in technology, innovations offer a more efficient and comfortable life to people but there is a downside to everything if used by the wrong people. In this article, we are go...
The People's Republic of China's economic ties with Africa up to the late 1970s were motivated by ideological imperatives but the political elite in China now sees the continent's economic ties as a way to advance the nation's development o...
Even at times of high global uncertainty, Bangladesh has a good track record of growth and development. Over the last two decades, rapid economic growth has been supported by a robust demographic dividend, strong ready-made garment (RMG) ex...
The annual G20 summit is scheduled to take place on November 15 and 16, 2022. The summit this year will be a little different as both Russia and Ukraine are expected to attend. But before we get into the details, it's crucial to understand ...
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...
According to quantum physics, all energy and matter are made up of quanta particles. Long-term goals of quantum information technology research include developing ways for controlling and manipulating quantum systems in order to expand info...
North Korea's latest missile tests have created a lot of commotion around the world, not just in East Asia. Numerous types of ballistic missiles, cruise missiles, and hypersonic missiles are now being tested. Kim Jong Un, the leader of Nort...
As the world's 5th largest economy, India is setting new export targets. Through the efforts of its various agencies, it has been able to achieve these goals. The country is becoming a manufacturing hub. With the help of National Logistics ...
In the past decade, China has lost growth in double-digits. In comparison to previous months, the GDP went down from April to June although it barely topped in the same quarter too. In this regard, economists are of the view that factories ...
In September 2021, China applied to join the Trans-Pacific Partnership, a free trade agreement among 11 countries. It was the country's first attempt to join a major trade pact since the US exited the project four years earlier. Although Ch...
