Pakistan Holds Policy Rate at 11% as Floods Fuel Inflation Concerns
NEWS BRIEF
In a highly anticipated decision, the State Bank of Pakistan (SBP) maintained its benchmark interest rate at 11% on Monday, extending its monetary...
US Demands Put $350 Billion Korea Deal at Risk Over FX Concerns
NEWS BRIEF
Negotiations for a U.S.-South Korea trade deal have stalled due to concerns over the foreign exchange implications of a $350 billion investment fund...
London defence college bans Israelis over Gaza escalation
Britain has banned Israelis from attending the Royal College of Defence Studies due to the ongoing war in Gaza, leading to a strong reaction...
Kirishi refinery in Russia halts operations on vital unit after Ukraine strike
A major oil refinery in Kirishi, Russia, stopped a key processing unit after a Ukrainian drone attack over the weekend. Ukraine is increasing assaults...
Israel warns Hamas of action “wherever they are” as Qatar summit convenes
Israeli Prime Minister Benjamin Netanyahu stated that further strikes on Hamas leaders are possible, coinciding with a summit of Arab and Islamic states in...
Sweden Boosts Defense Spending to 2.8% of GDP, Nearing NATO Target
NEWS BRIEF
The Swedish government, in a significant move to fortify its national security, has unveiled a plan to increase defense funding by 26.6 billion...
Albanese in PNG Ahead of Defence Treaty Signing
Prime Minister Anthony Albanese is visiting Papua New Guinea, where he plans to sign a defence treaty on Wednesday.
This agreement aims to strengthen ties...
Russia Revives Barter Trade to Bypass Western Sanctions
BackgroundBarter trade is making a comeback in Russia for the first time since the 1990s, as the country struggles under the weight of Western...
Israel’s Airstrike on Qatar Deepens Rift with Arab States
BackgroundIsrael’s bombing of Qatar has inflamed tensions with Arab states, reviving decades of hostility rooted in wars, peace deals, and unresolved disputes since Israel’s...
US: China Spreads ‘False’ WWII Stories to Sway Taiwan
China is misinterpreting World War Two-era documents to pressure Taiwan, according to the U. S. embassy in Taipei. As the 80th anniversary of the...