Category: Foreign News

The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report.

Western countries this week ratcheted up their criticism of China, the world’s largest bilateral creditor, as the main obstacle to moving ahead with debt restructuring agreements for the growing number of countries unable to service their debts.

Russian President Vladimir Putin on Monday granted Russian citizenship to former U.S. intelligence contractor Edward Snowden, nine years after he exposed the scale of secret surveillance operations by the National Security Agency (NSA).

The British pound has fallen to a record low on Monday against the dollar and other currencies as markets react to the UK government’s biggest tax cuts in 50 years.

Queen Elizabeth, Britain’s longest-reigning monarch, the nation’s figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.

Actor Jacqueline Fernandez has been named an accused in the money laundering case against conman Sukesh Chandrashekar, who faces charges of extortion amounting to a massive INR 200 crore.

A woman who hails from a minority ethnic community was chosen Thursday as India’s new president, a largely ceremonial position.

Japan’s former Prime Minister Shinzo Abe has died in hospital after he was shot at a political campaign event, say local media.

Japanese former prime minister Shinzo Abe was taken to hospital on Friday after being shot from behind by what appeared to be a man with a shotgun while delivering a speech in the western city of Nara, public broadcaster NHK said.

Zimbabwe’s central bank said it would start selling gold coins this month as a store of value to tame runaway inflation, which has considerably weakened the local currency.

United Nations High Commissioner for Human Rights Michelle Bachelet indicated on Monday that she would not seek a second term. The surprise announcement came during a wide-ranging speech to the Geneva-based Human Rights Council.

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he — the world’s richest person — promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.

India has suspended tourist visas issued to Chinese nationals, International Air Transport Association (IATA) said in a circular for its members.

Tamil Nadu Chief Minister M K Stalin on Friday urged the Centre to allow the State to ship essential commodities from the Thoothukudi port to Sri Lanka as humanitarian aid to the people, especially Tamils, severely affected by the food crisis.

Pakistan’s Prime Minister Imran Khan was ousted on Sunday when he lost a vote of confidence in parliament, after being deserted by coalition partners who blame him for a crumbling economy and failure to deliver on his campaign promises.

An apparent Russian airstrike aimed at Kyiv’s main television tower killed five people on Tuesday, officials said, knocking out some broadcasts but leaving the structure intact.