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S&P: Global sovereign borrowings will reach $12.3 trillion in 2025 03/05/2025

Vietnam's Strategic Pivot: Dodging U.S. Tariffs Through Reform And Innovation 02/28/2025

Beyond Subsidies: Charting China's Shift From Short-Term Stimulus To Structural Consumer Renewal 02/28/2025

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World & Politics

Trump ponders termination of military agreement with Japan

US President Donald Trump discussed with his entourage withdrawal from the agreement on mutual cooperation and security guarantees with Japan, which was signed in 1951, Bloomberg reports on Tuesday. According to the agency’s source, the American president has recently expressed dissatisfaction with...

‘Major Additional Sanctions’ On Iran Would Be Imposed By US: Trump

“Major additional sanctions” would be imposed against Iran soon by the United States, said President Donald Trump. Tensions between Washington and Tehran reached new heights after the shooting down of a US drone by Iranian surface to air missile. Following that incident, Trump cancelled an order to...

‘Climate Neutrality Must Be Achieved By 2050’: The EU Bloc Leaders

The EU Summit leaders’ footnote to final statement shows support for the “mid-century goal”. The EU has pushed towards turning the “biggest economic bloc” in the world “carbon-neutral by 2050”. The news came as a footnote of the summit that was held on Thursday, June 20, 2019, while “Poland, the...

All Out US-Iran War Unlikely After Downing Of American Drone, Say Analysts

It is not likely that the incident involving the bringing down of an American drone by security forces of Iran in the Middle East on Thursday would lead to an all out conflict between the United States and Iran, believe analysts, despite the rising of tensions between Washington and Tehran after...

A number of airlines stop flights over the Strait of Hormuz

The incident with the downed Iranian drone of the United States made a number of international airlines refuse to fly over the Strait of Hormuz and the Persian Gulf. Several international airlines, including German Lufthansa, the Dutch KLM and British Airways, said on Friday, June 21, that their...

Former UEFA President detained to testify in a corruption case

Former President of the Union of European Football Associations (UEFA), Michel Platini, was detained on Tuesday to give testimony within the investigation into a corruption case in vote for the host country of the 2022 World Cup, as well as the vote held in 2016 in France. Together with Mr....

European defense: technological choices underlying political ones

Bundeskanzlerin Angela Merkel and President Emmanuel Macron have reinvigorated the age-old project of the United States of Europe and called for additional military integration within the European Union. So far, EU members have been unable to overcome their differences, despite overall wishful...

Iranian Foreign Minister urges other countries to abandon the dollar

Iranian Foreign Minister Mohammad Javad Zarif said that much of the US economic influence will "disappear" if countries around the world give up the dollar as the main currency for international trade. "The power of America rests on the dollar; much of America’s economic power will disappear if...

The EC recommends starting penalty procedure against Italy

The European Commission (EC) recommended starting the penalty procedure against Italy due to the violation of the European Stability Pact. In connection with the further deterioration of the budget situation in Italy, the EC considers it justifiable to begin the punitive procedure against this...

European Breweries To Up Their Brewing Innovation Amid Green Legislations

As the customers turn towards responsible drinking and the regulatory body continue to introduce environmental laws, the Breweries in Europe sees being “pro-active” is the way to go. Brewers of Europe feel that they might have to present the environmental impact along with their beer’s taste to...