Thursday, July 7

WORLD NEWS

Quad leaders agree to invest more than $50 billion in Indo-Pacific infrastructure
WORLD NEWS

Quad leaders agree to invest more than $50 billion in Indo-Pacific infrastructure

Prime Minister Narendra Modi, Japanese Prime Minister Fumio Kishida, US President Joe Biden, and Australian Prime Minister Anthony Albanese issued a joint statement on May 24 stating that the Quad will seek to extend more than $50 billion in infrastructure assistance and investment to the Indo-Pacific region over the next five years. The leaders are "committed to working closely with partners and the region to drive public and private investment to bridge gaps," according to a joint statement released after the second in-person Quad summit, which was attended by Prime Minister Narendra Modi. The $50 billion assistance will help achieve this goal. The four nations also agreed to bring decades of skills and experience together to catalyze infrastructure delivery in the region while...
Peace talks between Russia and Ukraine have been suspended due to an impasse in the process
WORLD NEWS

Peace talks between Russia and Ukraine have been suspended due to an impasse in the process

Negotiations on a solution to the current war have been postponed, according to Russian and Ukrainian authorities, because the process has reached an impasse. He also stated that Ukraine has not responded to Russia's draught pact. "Today the negotiation process was suspended. It was suspended because there are no significant changes or upheavals after the Istanbul communique," A member of the Ukrainian delegation, Mykhailo Podolyak, was cited as stating. Nonetheless, he expressed optimism that the peace talks will restart, adding that "every battle concludes the negotiating table." The latest round of face-to-face peace talks between Ukraine and Russia took place on March 29 in Istanbul, Turkey.
Oil prices have dropped over 1% due to global economic concerns and a strong dollar
WORLD NEWS

Oil prices have dropped over 1% due to global economic concerns and a strong dollar

On Tuesday, oil prices fell more than 1%, continuing the previous day's severe drop, as coronavirus lockdowns in China's main oil importer, a strong dollar, and mounting recession threats fueled concerns about global demand. After falling as low as $103.19, Brent crude slid $1.31, or 1.2 percent, to $104.63 at 0216 GMT. After touching an intraday low of $100.44, US West Texas Intermediate crude sank $1.25, or 1.2 percent, to $101.84 per barrel. Both benchmarks dropped by 5% to 6% on Monday, their greatest daily percentage decrease since March. Oil prices fell in line with global financial market trends, as investors sold riskier assets due to concerns about the impact of increased interest rates on economic growth. Oil became more expensive for holders of other currencie...
Since the start of the crisis, Ukraine has received 4.5 billion euros in international aid
WORLD NEWS

Since the start of the crisis, Ukraine has received 4.5 billion euros in international aid

According to the official press office, Ukrainian Prime Minister Denys Shmyhal has stated that Ukraine has received 4.5 billion euros (about $4.73 billion) in financial international aid since the conflict with Russia began. Ukraine has received $500 million in grant monies from the World Bank in the last week, according to Shmyhal. "We are especially grateful for such support. This helps us to maintain all social benefits in full, as well as to open new assistance programs," he said. He said that the administration had developed a platform to assist in the fundraising for the country's post-conflict recovery.
Imran Khan’s downfall started six months ago. These exclusives predicted his fate
WORLD NEWS

Imran Khan’s downfall started six months ago. These exclusives predicted his fate

Bereft of allies and coalition partners, embattled Pakistan prime minister Imran Khan was ousted from power in the early hours of Saturday following a no-confidence vote. The combined opposition that spans the political spectrum from the left to the radically religious will form the new government in Pakistan, with Nawaz Sharif’s brother Shahbaz Sharif, the head of one of Pakistan Muslim League-Nawaz, taking over as prime minister. Khan’s ouster extends Pakistan’s unenviable record for political instability: no prime minister has completed their full term since independence from Britain in 1947, although Khan is the first to be removed through a no-confidence vote. Though the week-long drama preceding the trust vote plunged Pakistan into a constitutional crisis, Imran Khan’s d...
Ukraine negotiations to resume, Putin gives Europe gas payment ultimatum
WORLD NEWS

Ukraine negotiations to resume, Putin gives Europe gas payment ultimatum

European buyers of Russian gas faced a deadline to start paying in roubles on Friday, while negotiations aimed at ending the five-week war were set to resume even as Ukraine braced for further attacks in the south and east. Moscow's invasion of its neighbor has killed thousands, sent millions fleeing, and galvanized the United States and allies around the world to impose punishing penalties on Russian government entities, businesses, and oligarchs. Russia will respond to European Union sanctions, a senior foreign ministry official on Friday. "The actions of the EU will not remain unanswered ... the irresponsible sanctions by Brussels are already negatively affecting the daily lives of ordinary Europeans," Nikolai Kobrinets told the news agency. Russian President Vladimir Putin...
Ukraine says Russian army attacked from Belarus
WORLD NEWS

Ukraine says Russian army attacked from Belarus

Ukraine’s border guard agency says that the Russian military has attacked the country from neighboring Belarus. The agency said that the Russian troops unleashed artillery barrage as part of an attack backed by Belarus. They said the Ukrainian border guards were firing back, adding that there was no immediate report of casualties. Russian troops have deployed to its ally Belarus for military drills, a move that the West saw as a prelude to an invasion of Ukraine. The Ukrainian capital of Kyiv is about 75 kilometers (50 miles) south of the border with Belarus.
Google announces privacy sandbox to limit data sharing for ads on Android
WORLD NEWS

Google announces privacy sandbox to limit data sharing for ads on Android

Search engine giant Google has announced a multi-year initiative to build a privacy sandbox on Android, with the goal of introducing more private advertising solutions. These solutions will limit sharing of user data with third parties and operate without cross-app identifiers, including advertising ID. “We’re also exploring technologies that reduce the potential for covert data collection, including safer ways for apps to integrate with advertising SDKs. The Privacy Sandbox on Android builds on our existing efforts on the web, providing a clear path forward to improve user privacy without putting access to free content and services at risk,” the company said. Developers can review Google’s initial design proposals for the solution and share feedback on the Android developer site. Th...
Canadian PM moved to secret location as anti-Covid rules protests flare-up
WORLD NEWS

Canadian PM moved to secret location as anti-Covid rules protests flare-up

Canadian Prime Minister Justin Trudeau and his family have left their home in the country's capital and shifted to a secret location after a large-scale protest opposing COVID vaccine mandates converged on Parliament Hill, media reports said on Saturday. What started as a protest dubbed as 'Freedom Convoy' against a vaccine requirement for cross-border truckers has grown into a large demonstration against the Trudeau government's coronavirus regulations. Thousands of truckers and other protesters converged in the Capital city on Saturday to call for an end to COVID-19 vaccine mandates and other public health restrictions, the Canadian Broadcasting Corporation reported. Some of the protesters were seen dancing on the prominent war memorial, prompting condemnation from Canada's top ...
India brings back close to 400 people from Afghanistan in three flights
WORLD NEWS

India brings back close to 400 people from Afghanistan in three flights

By Administrator_India Capital Sands India on Sunday brought back nearly 400 people, including 329 of its nationals and two Afghan lawmakers, in three different flights as part of its efforts to evacuate its citizens from Kabul in the backdrop of the deteriorating situation in the city after its takeover by the Taliban. A total of 168 people including 107 Indians and 23 Afghan Sikhs and Hindus, were flown from Kabul to the Hindon airbase near Delhi in a C-17 heavy-lift military transport aircraft of the Indian Air Force (IAF). Another group of 87 Indians and two Nepalese nationals were brought back in a special Air India flight from Dushanbe, a day after they were evacuated to the Tajikistan capital in an IAF aircraft, officials said. Separately, a group of 135 Indians, who ...