Category: Foreign News

Global economy faces tougher year in 2023, IMF chief warns

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakening activity, the head of the International Monetary Fund said on Sunday.



Heeraben Modi: Indian Prime Minister Modi’s mother dies

Indian Prime Minister Narendra Modi’s mother, Heeraben, died in the early hours of Friday at the age of 99.



Maldives former president Yameen gets 11-year jail term

The Maldives criminal court on Sunday sentenced former president Abdulla Yameen to 11 years in prison and fined him $5 million after finding him guilty of corruption and money laundering charges related to receiving kickbacks from a private company.



Elon Musk: Twitter closes offices until next week

Twitter has told employees that the company’s office buildings will be temporarily closed, effective immediately.



Former President Donald Trump launches 2024 presidential campaign

PALM BEACH, Fla. – Donald Trump, the only president impeached twice, launched a campaign to reclaim the Oval Office on Tuesday, two years after voters ousted him and a week after they rejected his hand-picked candidates in several pivotal Senate races.



World population projected to hit 8 billion today

The world population surged past 8 billion people on Tuesday, the United Nations said, warning that more hardship is in store for regions already facing resource scarcity due to climate change.



Former Pakistan Prime Minister Imran Khan shot and wounded in ‘clear assassination’ attempt

Former Pakistan Prime Minister Imran Khan was shot in the shin on Thursday when his anti-government protest convoy came under attack in the east of the country in what his aides said was a clear assassination attempt.



At least 141 dead, many injured after India bridge collapse

At least 60 people died and many are feared injured after a century-old cable suspension bridge collapsed into a river Sunday evening in the western Indian state of Gujarat, sending hundreds plunging in the water, officials said.



Currency depreciations risk intensifying global food, energy crisis – World Bank

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.



Global finance leaders single out China as barrier to faster debt relief

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.



Russia President Vladimir Putin grants Russian citizenship to U.S. whistleblower Edward Snowden

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).



British Pound hits record low against the dollar after tax cut plans

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 dies at 96, ending an era for Britain

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 is now an accused in INR 200-Crore extortion case

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.



Ethnic minority woman Draupadi Murmu wins India’s presidential election

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



Japanese former Prime Minister Shinzo Abe has died

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