BRICS welcomes new members
The BRICS bloc of developing nations agreed to admit Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates in a move aimed at accelerating its push to reshuffle a world order it sees as outdated.The bloc’s first in 13 years – BRICS leaders left the door open to future enlargement as dozens more...
Read MoreUS, Japan, and South Korean leaders will gather at Camp David
U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida, and South Korean President Yoon Seok-yul will gather at Camp David for a trilateral meeting to discuss economics, diplomacy, and security on Friday. This meeting marks the first time in the Biden administration that foreign leaders will meet at Camp David. U.S. defense official John Kirby...
Read MoreUK heading for five years of economic gloom
Britain is on course to suffer five years of lost economic growth, the longest since the aftermath of the global financial crisis, new research has revealed. According to the National Institute of Economic and Social Research (NIESR), in its latest quarterly outlook of the UK economy, gross domestic product (GDP) is not forecast to pass...
Read MoreChina bans export of metals needed for semiconductors amid US-China chip war
China has fired the latest salvo in the ongoing electronic chip war with the US by restricting the export of two metals required for manufacturing semiconductors, mostly used in electric vehicles, displays, and defense equipment. In a statement released on Monday, the Ministry of Commerce of the People’s Republic of China said it is using...
Read More‘SLEAZE’: Expert ‘furious’ over ‘political nonsense’
https://www.youtube.com/watch?v=37UnoE_Ec2I A ‘Mornings with Maria’ panel discusses the latest surrounding the Durham report. Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in...
Read MoreEverything you need to know about the U.S. government’s debt ceiling
Janet L. Yellen, the Treasury secretary, at the Treasury Department in April President Biden and top congressional leaders are scheduled to meet Tuesday to discuss how to raise the debt ceiling. This raises a lot of questions about what the debt ceiling really is and why the US has one. Here’s everything you need to...
Read MoreGTECM’s Top 10 World Events of 2022
Here are the Top Ten World Events of 2022 selected by GTECM 1. Russia-Ukraine conflict causes global impacts The global geopolitical and geo-economic landscape has shifted since Russia launched a special military operation in Ukraine on February 24, 2022. After nearly 10 months of confrontation with no sign of abating, the Russia-Ukraine conflict has caused long-term...
Read MoreLatin America’s left-wing resurgence is reshaping the political landscape
On October 30, Brazil’s left-wing leader Lula defeated his opponent in the general election and was elected president. Prior to this, Colombia’s left-wing leader Petro Petro was elected in June as the first left-wing president in the country’s history. By the end of the year, the major populous countries in Latin America, Brazil, Mexico, Colombia,...
Read MoreIndia has surpassed Britain to become world`s fifth largest economy
The change in ranking has pushed the United Kingdom to the sixth spot as the country continues to grapple under the brutal cost-of-living shack. The Indian economy is forecast to grow more than 7 per cent this year. On an adjusted basis and using the dollar exchange rate on the last day of the relevant quarter, the...
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