Iran’s economy was hurt badly by sanctions in recent years, but it did not collapse due to its resilient nature caused by export diversification, import substitution and flourishing stockmarket, among other strength factors, The Economist reported on Saturday. Alwaght- Iran’s economy was hurt ...
The foreign ministers of Egypt, the UAE, Bahrain and Morocco attended a meeting on March 27, 2022 attended by Israeli foreign minister Yair Lapid and US Secretary of State Anthony Blinken in the occupied Negev. The Israeli Foreign Minister called the six-party meeting a historic meeting in which var ...
The International Monetary Fund in a new report said Russia’s economy is doing better than expected despite Western sanctions imposed on Moscow over the war in Ukraine. Alwaght- The International Monetary Fund in a new report said Russia’s economy is doing better than expected despite Western ...
A G7 summit last week pledged a price cap on Russian oil. The move drew reactions from Russia and predictions of tougher crisis. Russia has denounced European attempts to cap Russian energy prices, saying such measures are doomed to fail and prices will rise far beyond the attempted artificial ceili ...
The European zone countries are grappling with high energy prices and economic predict tense days for their economies. Alwaght- Euro area countries face an 80 percent possibility of a recession in the next 12 months amid soaring energy prices along with a severe power-supply crunch, according to eco ...
The British PM is expected to cow continuation of aids flow to Ukraine Despite economy entering a recession. Alwaght- The British Prime Minister Roshi Sunak is set to announce further military aids to Ukraine in its confrontation with Russia despite an economic crisis caused by home policy and globa ...
Beijing is planning to deepen its influence in Central Asia but the US is seeking to block it. Alwaght- In recent years, China intensified its bilateral and multilateral relations with Central Asian states. It has already signed Comprehensive Strategic Partnership with all Central Asian states, sign ...
The ISIS-Khurasan is expanding its operations in Afghanistan and Central Asia, risking critical conditions for Afghanistan and neighboring countries. Alwaght- Whereas the Taliban forces over the past few weeks have been conducting saber-rattling military drills with a variety of light and heavy weap ...
Erdogan is recalibrating foreign policy to cozy up to the West to settle economic challenges and advance EU membership bid. Alwaght- Turkish foreign policy under over two decades of Erdogan and his party's rule has witnessed many surprise shifts motivated by the status of the international syste ...
The judicial reforms are causing a spiraling crisis that affects all aspects of Israel, with economy taking the biggest damage. Alwaght- Currently, the Israeli regime at its entirety is witnessing massive disputes, and fundamental division at all levels is growing more serious than before, to an ext ...