On August 18, 2022, Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal left for Iran on a four-day visit. He evaluated the first phase of the Chabahar port's development, connected with the top officials from Central Asian ...
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 U.S. and China have been at odds over security and technology. The recent announcement of several targeted updates to its export controls by the US Department of Commerce has increased tensions even more.
Digital economy is known as all economic activities based on digital platform and digital economic development is the use of digital technologies and data to create new business models. Digital economy has been playing a vital role in econo...
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 ...
The depletion of the country's foreign exchange reserves will increase external sector vulnerabilities. The euphoria that was generated by the large increase in these reserves over the past few years has started to fade. The factors that co...
China's economy is slowing down, with its annual growth rate falling to 0.4% in the April-June period, its lowest since 1992. The country's recovery is being hindered by the combination of COVID and the falling property market. Since the ou...
Liz Truss, the UK's foreign minister, was elected as the new leader of the country's Conservative Party. She will now be responsible for navigating the country's economic crisis. She will also be responsible for addressing the country's for...
China's approach to debt distress is generally to seek preferential treatment and negotiate with creditors in a more tailored manner. As Sri Lanka prepares to negotiate with its major creditors, including the International Monetary Fund, it...
The IPEF was launched on May 23, 2022 jointly by US and other countries of Indo Pacific region. It was initially composed of 14 founding member nations. Fiji was the first South Pacific Island nation to join the group. The invitation to oth...
The gig economy is expected to have a huge impact on the future of employment. As more people and businesses start to shift their focus to independent work, it will eventually make full-time employment obsolete. In India, the shift in work ...
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...
