ISTANBUL – Afghanistan has finally received $32 million in humanitarian cash assistance. The 21st cash consignment of international humanitarian aid arrived in Kabul today and was transferred to the Afghanistan International Bank. Welcoming the assistance from the international community, the bank reiterated that the “provision of humanitarian...
ANKARA (AA) – The US Congress voted Thursday to revoke Russia’s “most favored nation” trade status, and banned oil and natural gas imports from Russia. After both bills passed the Senate, they cleared the House of Representatives and are headed for President Joe Biden’s desk. One suspends normal trade relations with Rus...
BEIRUT, Lebanon – Lebanon’s bakery union has warned of a bread crisis in the Arab country as several wheat mills halted operation due to lack of funding. In a statement, the Bakeries Syndicate said bread bakeries face a shortage of wheat flour in several Lebanese areas. “A number of bakeries have stopped making bread, while […]
ISTANBUL- Intel has announced the suspension of its business operations in Russia joining a growing number of Western firms to exit the country over its war on Ukraine. In a statement, the US chipmaker said it already halted its sales and deliveries in Russia and Belarus in early March. “Intel continues to join the global […]
On Monday, the Iranian foreign ministry blamed the U.S. for halting negotiations on nuclear issues. Spokesperson Saeed Khatibzadeh said the pause in nuclear talks between Tehran and world powers in Vienna is due to the U.S. government’s attitude. He said an agreement was possible during negotiations but talks couldn’t move forward. Former U.S....
BEIRUT, Lebanon (AA) – Lebanon as a state and its central bank have gone bankrupt, Deputy Prime Minister Saadeh al-Shami has announced. “The state has gone bankrupt as did the Banque du Liban, and the loss has occurred, and we will seek to reduce losses for the people,” Al-Shami told the local Al-Jadeed channel. He […]
SRINAGAR, JAMMU AND KASHMIR: River Jhelum, the lifeline of the city of Srinagar and people living across the divided Jammu and Kashmir, is shrinking at a rapid pace because of encroachments, heavy siltation and incessant pollution, according to experts. Also called Vyeth in the local Kashmiri language, the river Jhelum is the main waterway of ...
NEW DELHI (AA) – India and Australia on Saturday signed a trade agreement that removes tariffs on 96% of Indian exports, a government statement said. The India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) was signed in a virtual ceremony by Indian Commerce Minister Piyush Goyal and Australian Trade Minister Dan Tehan....
Brussels, Belgium – AFP Top EU officials warned China’s leader Xi Jinping at a virtual summit Friday that any attempt to aid Russia’s war in Ukraine could hurt business ties. The EU and the US worry that Beijing’s failure to condemn the invasion means it could be willing to help the Kremlin sidestep the impact […...
NEW DELHI – India will continue to buy cheap oil from Russia at discounted prices, the country’s finance minister has said. “India’s overall interest is what is kept in mind,” Nirmala Sitharaman said during a business event. She was responding to a question about the reports that Russia is offering deep discounts on oil...
