With time running out, an IMF group travels to Sri Lanka, in the midst of country crisis
An IMF delegation will arrive in Sri Lanka on Monday to discuss a rescue proposal, but time is running out for a country that is just days away from running out of fuel and months away from receiving any relief funds. Sri Lanka is in the midst of its biggest financial crisis since its 1948 […]
After weeks of silence, Russia attacks Kyiv once more, and Vladimir Putin threatens the West about missile supply
Russia fired missiles at Kyiv for the first time in more than a month, and President Vladimir Putin threatened that if western nations supplied Ukraine with longer-range missiles, he would hit new targets in the country. Ukraine officials said a counter-attack has retaken half of Sievierodonetsk, the biggest battleground in the east where Russia has […]
Covid caseload reaches 517.8 million, including a death toll of 6.25 million
According to Johns Hopkins University, the global coronavirus caseload has reached 517.8 million, with over 6.25 million deaths and over 11.36 billion vaccines. The current global caseload and death toll, according to the University’s Center for Systems Science and Engineering (CSSE), are 517,888,062 and 6,253,145, respectively, while the total number of vaccine doses delivered has […]
PM Narendra Modi and French President Emmanuel Macron meet to discuss bilateral and global concerns
Prime Minister Narendra Modi met French President Emmanuel Macron here, and the two leaders spoke extensively on bilateral and global challenges, as well as agreeing on an ambitious agenda for the next phase of the India-France Strategic Partnership. Modi landed here from Denmark on the penultimate leg of his three-nation European visit on Wednesday night […]
Indian Consulate in Shanghai closes in-person services as COVID crisis worsens in China
The Indian Consulate in Shanghai has announced the suspension of in-person consular services as China’s gleaming business hub with 26 million people struggling with mounting COVID-19 cases, putting the country’s dynamic zero-case policy to the test. Indian citizens in Eastern China Region may apply at the Embassy of India, Beijing for availing of urgent consular […]
Oil drops $3 on positive signals from Russia-Ukraine peace talks
Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between Russia and Ukraine to end their weeks-long conflict, with prices further pressured by China’s new lockdowns to curb the spread of the coronavirus. Brent crude fell $2.88, or 2.6%, to $109.61 a barrel by 11:07 a.m. ET […]
US Congress passes budget including $14 billion for Ukraine
The US Congress passed a huge omnibus 2022 spending bill Thursday including almost $14 billion in humanitarian and military aid to war-torn Ukraine, as its invasion by Russia entered its third week. Lawmakers had been facing the latest in a series of shutdown showdowns, with government funding due to expire at midnight Friday into Saturday, […]
US has not verified claim of Russia troop withdrawal: Joe Biden
President Joe Biden on Tuesday said the US has not yet verified” Russia’s claim that some of its forces have withdrawn from the Ukraine border and said an invasion of Ukraine remains a distinct possibility. Biden made the remarks at the White House hours after Russia announced that some units participating in military exercises near […]
COVID disrupts health services in over 90% of countries: WHO
Disruptions in basic health services such as vaccination programmes and treatment of diseases like AIDS were reported in 92% of 129 countries, a World Health Organization survey on the impact of the COVID-19 pandemic showed on Monday. The survey, conducted in November-December 2021, showed services were “severely impacted” with “little or no improvement” from the […]
US Fed puts markets on the slippery slope; Sensex falls 581 points
Investors continued to pull out of risky assets as US Federal Reserve officials signalled that they were on course to raise interest rates in March, citing high inflation. The Sensex dropped as much as 1,419 points, or 2.5 per cent, on Thursday before recouping some of the losses. After a wild ride, the 30-share index closed at 57,277, down […]