South Korean President Yoon Suk-yeol announced the country's participation in the Indo-Pacific Economic Framework (IPEF) of the U.S. The statement was made following talks with U.S. leader Joe Biden on Friday.  Yoon Suk-yeol stressed the importance of the Indo-Pacific region to both...

Russian gas deliveries to Finland were blocked on Saturday, according to the Finnish gas system operator. This is the latest escalation between Russia and the West over energy payments. The gas was being supplied by Russia's Gazprom.    Because of sanctions imposed over Moscow's...

Minister of Innovation, Science and Industry François-Philippe Champagne announced that Huawei and ZTE, two Chinese telecommunications companies, will no longer be used in Canada. According to reports, Ottawa will exclude Huawei from participating in the development of a national 5G communications...

The German government announced on Monday that it will oppose European Union plans to include nuclear energy as a sustainable investment in its "taxonomy" scheme for labelling green projects.   Brussels is seeking permission from EU members and the European Parliament for a plan to classify...

Turkey has raised by 60% the minimum amount of investment in real estate required to obtain citizenship. Turkey has increased the amount that foreigners must invest in real estate in order to qualify for citizenship, Bloomberg writes. Now the minimum investment threshold is $400,000 instead of...

Because of the energy and economic issues, Moldova's president, Maia Sandu, has requested further financial assistance from the European Union for the country's budget. "We continue to request greater budget support from the EU in the face of growing prices, particularly in the context of rising...

Japan's upper house of parliament passed the Economic Security Law by a majority vote, signaling its adoption by the country's parliament. The vote was broadcast live. The law defines "important goods" and aims to provide the public and the economy with stable access to them and infrastructure,...

China will face a "difficult and serious" labor market situation because of sweeping restrictions designed to contain new COVID-19 outbreaks, China's premier warned. Chinese Premier Li Keqiang warned of a "difficult and serious" labor market situation in the country. This is because of the new...

WHO has estimated the number of excess deaths from the coronavirus worldwide at nearly 15 million over two years. This is more than double the number of COVID-related deaths officially reported worldwide. The World Health Organization (WHO) has estimated that there were about 14.9 million excess...