World military spending reached an all-time high of $2.24 trillion in 2022, as Russia’s invasion of Ukraine fuelled a sharp jump in military spending across Europe, according to a leading defence think tank. Global spending rose for the eighth consecutive year, the Stockholm International Peace Research Institute (SIPRI) said on Monday in its annual report […]

Supporting India’s candidature for a permanent seat in the United Nations Security Council, Professor Robert AF Thurman, Co-founder and President of the Tibet House in New York, said that the five permanent members of the UNSC are unable to resolve conflicts diplomatically and engaged in wars while India has the potential to bring peace in […]

IMF chief Kristalina Georgieva did not mince her words about emerging and heightening crisis tendencies in the global economy. She said, among other things recently, that the IMF’s projection of 2.8 percent global growth for 2023 “is not enough to bring opportunities to businesses and people around the world, and most worrisome is the projection […]

By Saman Gunatilake MBBS, MD, FRCP, FCCP, Hon FRACP Emeritus Professor of Medicine, University of Sri Jayewardenepura Consultant Neurologist One of the most quoted phrases of Karl Marx, the German philosopher and political theorist, popularly known as the ‘Father of Communism’, is “History repeats itself, first as a tragedy, second as a farce”. This quote […]

While the days of good news are going on for India, the latest good news is that our country’s currency, the rupee, is gradually making its place and influence among countries of the world. Seeing the increasing role of India in international trade, the countries of the world are coming forward to do financial transactions […]

The United States, Britain, Albania and Malta walked out on Russia s envoy for children s rights - whom the International Criminal Court wants to arrest on war crimes charges - as she spoke by video to U.N. Security Council members on Wednesday.

Sergey Cheryomin, head of the department for external economic and international relations of Moscow, on Wednesday said trade between India and Russia is expected to reach $50 billion or more. Cheryomin was speaking at the Russia-India business forum programme in New Delhi. The Russian minister stressed that banks in both countries should promote trade in […]

‘Finland has made a dangerous historical mistake.’ So said Russia in reaction to Finland formally joining the North Atlantic Treaty Organization on April 4. The ominous pronouncement could have the effect of renewing fears among the publics of the world of another Europe-wide war. The hope of peace-loving peoples is likely to be that Russia […]

Tokyo [Japan], March 21 (ANI): In the world of fast-paced diplomatic activity, Japan and South Korea have shown that they can no longer remain strange bedfellows when China is racing against time to dictate its terms in the Indo-Pacific region. For the first time after a gap of 12 years, the two countries held their […]

Sri Lanka in the throes of the worst economic crisis since Independence has resorted to some desperate action; it has for the first time in its history declared bankruptcy, suspended debt repayment, secured an IMF bailout for the 17th time, and agreed to extremely stringent loan conditions, which have already caused social unrest with people […]

Iranian Ambassador to India, Iraj Elahi on Friday lauded India’s effort in the development of its Chabahar port. Speaking at a press briefing, he said, “The core concept of cooperation between Iran and India in Chabahar has three elements – construction of ports, its connection with the main railway network of Iran and sending cargo […]

Russia has struck a deal with neighbouring Belarus to station tactical nuclear weapons on its territory, President Vladimir Putin says. Putin made the announcement on Saturday as tensions grow with the West over the Ukraine war and as some Russian commentators speculate about possible nuclear strikes. The deal with Belarus would not violate nuclear nonproliferation […]

As should be expected, the arrest warrant issued by the International Criminal Court (ICC) on Russian President Vladimir Putin on war crimes allegations has given rise to a widespread debate on how effective it would be as an instrument of justice. What compounds the issue is the fact that Russia is not obliged to cooperate […]

BBC reported that the International Monetary Fund (IMF) says it has reached an agreement with Ukraine on funding worth $15.6bn (£12.8bn). The organisation’s first loan to a country at war is expected to be approved in the coming weeks. It would also be one of the largest financing packages Ukraine has received since Russia’s invasion. […]

Washington [US], March 15 (ANI): China understands the benefits of space cooperation, but ultimately seeks to use it as a means of supporting Beijing’s larger political and diplomatic goals of making China more respected and influential, reported Channel News Asia (CNA). As the director general of China’s Manned Space Agency put it: “We hope to […]