Washington: Even though the globe faces economic challenges as a result of several waves of the COVID-19 epidemic, the International Monetary Fund (IMF) has lauded India’s strong economy while emphasising the structural changes implemented by the government in recent years. After meeting with Finance Minister Nirmala Sitharaman in Washington DC on Monday (local time), IMF … Read more
Colombo: Sri Lanka’s finance minister’s aide stated on Tuesday that the country had requested immediate financial assistance from the International Monetary Fund (IMF) and that the global lender could accept it after an initial reluctance. Island residents have taken to the streets to express their displeasure with the government’s handling of their finances and rising … Read more
Washington: The US State Department is considering designating Russia as a “state sponsor of terrorism,” according to CNN’s Ned Price. We’re taking a close look at the facts. We’re taking a close look at the law, ” According to Mr. Price, the US could designate Russia. “Whether it’s this authority or whether it’s any other … Read more
The World Bank is urging to create a dollar hundred and seventy billion emergency fund to help the poorest international locations being buffeted via more than one crises, the financial institution’s President David Malpass stated Monday. The “crisis reaction envelope” will continue the work began all through the Covid-19 pandemic, and help international locations cope … Read more
North Korea must go back to a “diplomatic course”, the pinnacle US envoy for the country stated Monday, following Pyongyang’s blitz of missile launches and growing signs it’s miles resuming nuclear trying out. North Korea has completed more than a dozen guns tests to this point this yr, the contemporary one over the weekend — … Read more
COLOMBO: The Sri Lankan government sent a delegation to the International Monetary Fund (IMF) on Sunday to discuss ways to obtain loans from the lender. Finance Minister Ali Sabry and Central Bank Governor Nandalal Weerasinghe are part of the delegation. Next week, the delegation will travel to Washington, DC, to meet with IMF officials. They … Read more
Washington: Volodymyr Zelensky, Ukraine’s president, stated on Sunday that he met with IMF managing director Kristalina Georgieva regarding Ukraine’s financial stability and the country’s post-war reconstruction on Sunday. “Discussed with IMF Managing Director Georgieva the issue of ensuring Ukraine’s financial stability & preparations for post-war reconstruction. We have clear plans for now, as well as … Read more
Iran’s supreme leader Ayatollah Ali Khamenei said Tuesday that negotiations to restore the 2015 nuclear deal were advancing but urged officials not to place all bets on the Vienna talks. “Work is progressing well in the negotiations,” Khamenei told Iranian officials including President Ebrahim Raisi. “Do not stop your work to wait for the results … Read more
Boeing has removed orders for 141 jets from its backlog, mostly due to sanctions placed on Russia in the aftermath of the Ukraine invasion, officials from the plane manufacturer said Tuesday. Most of the planes stripped from Boeing’s official tally were 737 models, with about two-thirds coming as “a result of geopolitical events,” a Boeing … Read more
WASHINGTON: When President Joe Biden and Indian Prime Minister Narendra Modi met virtually on Monday to discuss the Ukraine crisis, they had a “candid exchange of views,” but the United States seemed to have made little progress in luring the subordinate nation away from its neutral stance on Russia’s invasion of Ukraine. “It is important … Read more
Two men accused of impersonating U.S. law enforcement officers and providing Secret Service employees with gifts, including rent-free residences, are still awaiting a decision from a court on whether they should be jailed. “This is a difficult situation to navigate. I’ve never come across anything exactly like that “In the US District Court for the … Read more
Former President Barack Obama will visit the White House for the first time since leaving office on Tuesday for a rally in support of the Affordable Care Act, popularly known as Obamacare. At Monday’s conference, White House press secretary Jen Psaki stated, “They are actual friends, not just Washington pals.” Psaki served in both Democratic … Read more
A talk show presenter alleges she was fired from a Washington, D.C. radio station after mocking Vice President Kamala Harris’ clothing during the State of the Union address last month. She also contributes to the conservative publication The Spectator, where she detailed the incident. Amber Athey, a conservative host at news station WMAL who works … Read more
NEW DELHI: Russia’s foreign minister will visit India for a two-day visit beginning Thursday, officials said, likely to press New Delhi to resist Western pressure to condemn the Ukraine invasion. India has abstained from UN resolutions censuring Russia and continues to buy Russian oil and other goods. US President Joe Biden last week described India as “somewhat shaky” … Read more
WASHINGTON: A suspect involved in the killings of two homeless men in New York could also have been involved in other attacks this month. According to three law enforcement sources involved with the inquiry, three other attacks on homeless individuals happened in Washington DC, one of which was fatal. The attacks in Washington, D.C. occurred … Read more
BEIJING: China’s foreign minister has said his nation does not want to be impacted by Western economic sanctions on Russia, state media reported Tuesday, as pressure grows on Beijing to withdraw support from an isolated Moscow. “China is not a party to the crisis, still less wants to be affected by the sanctions,” Wang Yi said, … Read more
Something else swims beneath the commercial and recreational vessels, as well as the island-bound ferries, that cross Puget Sound on any given day, armed with a payload large enough to forever transform a continent. Naval Base Kitsap in Bangor, on the Kitsap Peninsula, is home to eight enormous Ohio-class nuclear attack submarines, each roughly as … Read more
PARIS – Russia’s massive assault on Ukraine is providing Western intelligence agencies and analysts with a rare live opportunity to verify their assessments of the Russian army’s strengths and weaknesses in the field. The scale of the deployment means Moscow’s military equipment, methods, doctrine and especially its weak points are on full show — including … Read more
JOHANNESBURG: South Africa is the most unequal country in the world, with race playing a determining factor in a society where 10 per cent of the population owns more than 80 per cent of the wealth, a World Bank report said on Wednesday. “South Africa… is the most unequal country in the world, ranking first … Read more
WASHINGTON – COVID-19 is unlikely to be eradicated any time soon, and people still need to be flexible and put on masks and practice physical distancing again if COVID-19 case levels get high in their area, health experts have warned. New COVID-19 infections, hospitalizations and deaths continue to decline across the United States. The number … Read more
NEW DELHI – UN rights experts have called for an end to ‘misogynistic and sectarian’ online attacks against a Muslim Indian woman journalist, asking the authorities to investigate the harassment. Rana Ayyub, a fierce critic of Prime Minister Narendra Modi and the Hindu nationalist ideology of his Bharatiya Janata Party (BJP), has been the target … Read more
KARACHI: The rupee recovered 11 paisas against the dollar on Monday owing to an ease in the global oil prices. The exchange rate ended at Rs175.75 to the dollar from last Friday’s closing of Rs175.86 in the interbank foreign exchange market. The dealers said that the reports of possible diplomatic talks on Russia-Ukraine tensions had … Read more
KYIV- The Russian TV reporter stands in a flak jacket and helmet near some army barracks on a crisp and sunny afternoon. “Are you ready,” an off-camera voice asks him. The journalist nods and a burst of gunfire erupts as he starts running and shouting a breathless report into his microphone about “a group of … Read more
BEIJING – Revisions in China’s updated Cybersecurity Review Measures took effect from Tuesday. One of them stipulates that network platform operators that hold personal information of more than one million users have to go through a cybersecurity review if they plan to list their shares overseas. This is considered to be one of the latest … Read more
WASHINGTON – The French president’s visit to Russia this week drew a chorus of cautiously optimistic comments about averting an invasion of Ukraine but the United States has stayed conspicuously reticent about the diplomatic mission. Since Emmanuel Macron met Monday with President Vladimir Putin to try to defuse the crisis on the Russia-Ukraine border, US … Read more
WASHINGTON: Her shopping cart is overflowing with food, but there is no trace of steak. “Too expensive,” said Lisa, a 48-year-old mother, as she left a Giant supermarket in Washington. In the United States, land of barbecues and steakhouses, beef is becoming a luxury. Overall consumer prices rose by seven per cent over the course of … Read more
WASHINGTON – Low-income and uninsured people in the United States are facing hurdles to obtain COVID-19 antivirals, NBC News has reported. Though the COVID-19 antiviral pills are an easier, cheaper and more effective method of treating the virus, they are not easy to obtain, especially for those who are low-income or uninsured, said the U.S. … Read more
WASHINGTON: The United States will ease tariffs on steel imported from Japan, officials announced on Monday, in the latest move by President Joe Biden’s administration to resolve trade disputes started under his predecessor Donald Trump. Beginning in April, Japan will be allowed to pay lower duties on exports of up to 1.25 million tons of … Read more
