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 G20 is a group of 20 leading economies in the world, which includes 19 countries and the European Union. The countries that are part of the G20 represent approximately 85% of the world's gross domestic product (GDP) and two-thirds of th...
The global fertiliser prices hit all-time highs in the spring of 2022 following Russia's invasion of Ukraine in February. The Russia-Ukraine conflict exacerbated an already precarious global supply scenario that began in 2020 with COVID-19-...
The world economy faced several crises in 2022 that highlighted the need for more balanced development. Although the COVID-19 outbreak was still felt globally, the conflict in Ukraine affected the food and energy markets, causing severe mal...
On July 27, 2022, a large group of Iraqi protestors led by the Shiite cleric Muqtada al-Sadr attacked the Council of Representatives of Iraq building in Baghdad's Green Zone. The storming often referred to as the "Ashura Revolution" or the ...
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...
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...
Climate change will have the greatest impact on emerging countries, with impoverished populations being especially poorly struck and unable to adapt sufficiently. There is a chance for developing nations to take a complementary strategy, st...
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...
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...
Russia’s invasion of Ukraine has had a profound impact on the stability of the Ukraine region and for the future of European security, not to forget the immense human suffering. This particularly comes across as a shock in response to Presi...
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 ...
