The global economy will weaken this year as rising interest rates and Russia s war in Ukraine continue to weigh on activity. But economists are more optimistic than they were just a few months ago.

In my view, 2023 will be remembered for India’s emergence as the third pole of the world. A year ago, I predicted a stronger Xi Jinping and a weaker Joe Biden in my forecast for 2022. I was almost correct, but the reality turned out a little differently than I expected. Xi secured a third […]

Ukrainian President Volodymyr Zelensky says that allowing Russia to compete at the 2024 Olympics in Paris would amount to showing that Âterror is somehow acceptableÂ.

ECONOMYNEXT –Sri Lanka is seeing strong prospects of tourists from India driving the sector in 2023, a top industry official said as the country tries to emerge from its worst ever currency crisis. “I think India is going to be our biggest contributor and there’s a lot of activity happening between India and Sri Lanka […]

Ukraine s president has thanked Western leaders for sending tanks to support the fight against Russia, but said they needed to be delivered quickly.

USD 3 mn Japanese grant attached to ongoing project By Shamindra Ferdinando An agreement on the much advertised cash assistance, provided exclusively to paddy farmers by the Wickremesinghe-Rajapaksa government, was finalised several weeks before then President Gotabaya Rajapaksa stepped down on July 14, 2022 amidst violent protests. The Asian Development Bank (ADB) has provided the […]

Tokyo (Japan), January 4 (ANI): The Editor-in-Chief of Nikkei Asia, Shigesaburo Okumura, said, in his view, 2023 would be remembered for India’s emergence as the third pole of the world. “A year ago, I predicted a stronger Xi Jinping and a weaker Joe Biden in my forecast for 2022. I was almost correct, but the […]

China’s lurch from extreme zero-Covid to extreme herd immunity is a watershed moment in the global ideological struggle of our age, an unanswerable illustration of why autocratic regimes are less successful in the end than messy liberal democracies. Leadership cults and totalitarian media control can at times enable breathtakingly destructive policies, and it is hard […]

Russia s military says it has captured the Ukrainian salt-mine town of Soledar after a long battle, calling it an Âimportant step for its offensive.

The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes intensifies, Russia s war in Ukraine continues, and the world s major economic engines sputter.

Russia s overnight bombing of regions in eastern Ukraine killed at least one, local officials said on Sunday, after Moscow ended a self-declared Christmas ceasefire and vowed to push on with combat until it reaches a victory over its neighbour.

India embarked on a major overdrive in 2022 to significantly bolster its overall military prowess and focused on its strategic goals in South Asia as a fresh attempt of transgression in the Tawang sector by the Chinese troops amid the unresolved eastern Ladakh border standoff renewed the focus on the looming threat from China along […]

New Delhi: The Indian Space Research Organisation (ISRO) is ready to launch India’s first Atmanirbhar human flight “Gaganyaan” by the year 2024, announced Union Minister for Science and Technology Dr Jitendra Singh on Sunday. The minister said that India is constantly making new achievements in the field of science and technology. Science is touching new […]

Washington [US], January 1 (AF): A bilateral agreement signed between China and Russia in July 2021 makes clear that cooperating on news coverage and narratives is a big goal for both governments, according to a report in The Intercept, an America-based publication. The report says that: “At a virtual summit that month, leading Russian and […]

The UN has freshly prioritized the ushering of international peace as one of its foremost tasks in the days ahead and sensible sections the world over are likely to back it overwhelmingly in this historic undertaking. There is no doubt that those quarters that are sensitive to the constantly rising human costs of war and […]

(AFP)Sri Lanka on Thursday welcomed the first Russian travellers aboard a new flight service that was launched after the bankrupt nation urged Moscow to help revive its beleaguered economy by sending tourists. Russia was Sri Lanka’s biggest source of visitors at the start of the year but arrivals nearly ceased after the invasion of Ukraine […]