The United States understands the importance of Chabahar Port for continued humanitarian supplies to Afghanistan and to provide the country economic alternatives, India’s foreign ministry said on Friday. India recently…
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US to have official in Tokyo dedicated to monitoring China
by Travis Foxby Travis FoxWASHINGTON (Kyodo) — The administration of President Joe Biden will deploy an official dedicated to monitoring Chinese governmental and business activities to the U.S. Embassy in Tokyo in July, State…
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Donald Trump Media Firm Soars in Stock Market Debut
by Thomas Burkeby Thomas BurkeShares in Donald Trump’s media company soared as the firm made its formal debut on the stock market. Shares surged past $70 in early trade, giving the firm a market…
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Remote Washington State Town Becomes Hub for EV Battery Production
by Blake Brooksby Blake BrooksMOSES LAKE, WASHINGTON — It’s mid-winter in east Washington state, yet despite the chilly fog, two construction sites in the town of Moses Lake are brimming with activity. Several hundred workers…
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US Energy Department Intends To Purchase 3 Million Barrels Of Oil For June
by Elis Carterby Elis CarterThe United States Department of Energy has issued an application for the purchase of approximately 3 million barrels of oil for delivery in June to replenish the strategic reserve, Azernews reports, citing…
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A US-based security company has sued Air Canada over gold bars and cash worth millions that were stolen from Toronto’s airport . Brink’s International alleges the airline was “reckless” and…
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President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
by Thomas Burkeby Thomas BurkeBrussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis. The approval is expected to…
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Notorious Benjamin Wey Sues Sri Lanka For $250 Million
by Thomas Burkeby Thomas BurkeLondon (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal trouble, is suing Sri Lanka for $250 million. Wey claims that he was…
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Canada’s Annual Inflation Slows to 3.1% in October from 3.8% in September
Canada’s annual consumer inflation slowed down to 3.1% in October from 3.8% in September, the country’s statistical authority said Tuesday. The consumer price index (CPI) came in lower than market…
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Sri Lanka Reaches Agreement To Settle Chinese Debt
by Koby Johnby Koby JohnParis (15/11 – 75) Sri Lanka has reached an agreement with the China Exim bank on the principles and terms of a $4.2 billion debt settlement, the country’s finance ministry…