Author: Steven Sahiounie

An aging population and higher interest expenses have been pushing the country’s indebtedness higher

Japan is no longer the world’s third largest economy after unexpectedly slipping into recession at the end of last year, according to official figures released on Thursday. Germany has now moved into third place in terms of nominal GDP. 

Consumer prices in the South American country have soared since the devaluation of the peso by the new government

The EU has no intention of extending the gas transit contract with Russia via Ukraine when it expires at the end of this year, European Energy Commissioner Kadri Simson told an EU Parliament committee meeting on Thursday. 

Oleg Deripaska is accused of sourcing raw materials in the country for weapons manufacturing in Russia

The British economy fell into recession in the final quarter of 2023, according to official figures released on Thursday.

The prime ministers of Ireland and Spain and EU have called for a review of West Jerusalem’s compliance with human rights committments The European Commission EU must urgently reconsider whether Israel is complying with its human rights obligations in Gaza under the EU/Israel Association Agreement, an economic pact that forms the basis of relations between Brussels and West Jerusalem, the leaders of Ireland and Spain told EC President Ursula von der Leyen and EU foreign policy chief Josep Borrell in a letter on Wednesday. “We are deeply concerned at the deteriorating situation in Israel and in Gaza, especially the impact…

If elected, the ex-US president Trump reportedly plans to leverage US military aid to Kiev to bring it to the negotiating table Republican presidential frontrunner and ex-US leader Donald Trump is planning to pressure Ukraine to negotiate peace with Russia if he wins an expected rematch against incumbent Joe Biden for the White House, Bloomberg reported on Thursday, citing sources. Should Trump become president, he may also retract a number of defense commitments to some NATO allies, according to reports. People familiar with the matter said Trump advisers had talked about ways of bringing Ukrainian President Vladimir Zelensky and his Russian…

Speaking at a UN Security Council meeting, Russia’s deputy UN ambassador Dmitry Polyanskiy and China’s UN envoy Zhang Jun accused the US of carrying out unauthorized and illegal attacks on Yemen. They argued that the Security Council has not authorized military action against Yemen. In response, US deputy ambassador Robert Wood and UK ambassador Barbara Woodward claimed that strikes on Yemen were taken in self-defense and constituted “proportionate and legal action.” The accusations come amid Israel’s ongoing genocidal war in Gaza, which began on October 7. The US has provided unwavering support for Israel, despite the aggression that has resulted…

Yemeni forces spokesman stressed that these operations are part of the firm stance in solidarity with the Palestinian people. Yemeni Armed Forces spokesperson, Brigadier General Yahya Saree, announced in a brief statement today that the British ship “LYCAVITOS” was targeted while sailing in the Gulf of Aden and directly hit by appropriate naval missiles. He also stressed that the Yemeni armed forces would continue to stop all Israeli sea navigation or any other heading to the ports of occupied Palestine in the Red and Arab Seas until the Israeli aggression and siege on Gaza halt. Saree revealed that the Yemeni…