ADB’s $400M Loan Aims to Boost Ease of Doing Business in the Philippines
It is a policy-based loan of 400 million dollars granted by the Asian Development Bank (ADB) to assist the government in the process of reform to facilitate ease of doing
Regional News and Timely Insights
Stay informed with the latest political, economic, and social developments from the UAE and the Middle East—delivered with accuracy, depth, and context.
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Trump Threatens Mexico With 5% Tariff Hike Amid Escalating Water Dispute
Mexico has failed to supply more water to aid farmers in the United States, so President Donald Trump is threatening to add another 5 percent tariff on Mexico on 8th
Riyadh Lights Up With Ugandan Culture, Arts, and Flavors
The events of Ugandan culture within the Global Harmony initiative ended on 10th December in the Al-Suwaidi Park, which is one of the zones of the Riyadh Season. The two-day-long
Deadly Tanker Explosion in Southwest Cameroon Kills at Least Eight
In the early morning on 12th December, a fuel tanker crashed and exploded at Likomba, near Tiko, in southwestern Cameroon, killing at least eight people, the local authorities said. The
African Development Bank Approves €150 Million Loan Boost for Morocco
The African Development Bank Group (AfDB) has given Morocco a loan of 150 million euros (approximately 176 million U.S. dollars) to renovate infrastructure and accessibility to state services, the representative
Lula Holds Talks With Maduro as U.S. Military Build-Up Raises Tensions
Last week, President Luiz Inácio Lula da Silva (PT) made a phone call to Venezuelan dictator Nicolás Maduro and discussed the military build-up of the US against the neighboring country.
Fighting Reignites in Congo Just Hours After Trump-Backed Peace Deal Ceremony
The battle in eastern Democratic Republic of Congo continued on 5th December, a day after President Donald Trump summoned Congolese and Rwandan leaders in Washington to sign new agreements that
Anti-Drug Push: Dominican Republic Confirms US Deal Will Take Effect by April
The scope of the deal was made clear by Dominican Republic President Luis Abinader, saying on 1st December that a temporary agreement permitting U.S. staff to access restricted areas of
Taiwan Signals Fresh Start: Ready to Restore Ties with Honduras
Taiwan is set to rebuild relations with former ally Honduras and has been in contact with both the presidential candidates pandering to Taipei, Foreign Minister Lin Chia-lung said on Wednesday
Diplomatic Push: China Urges France to Take Its Side in Japan Dispute
On 2nd December, Foreign Minister Wang Yi reiterated the Chinese stand on the comments made by the Japanese prime minister on Taiwan during their meeting with his French counterpart in
Putin Declares Full Control of Donbas Is Russia’s Goal — By Force if Needed
Russian President Vladimir Putin has made a publicly proclaimed threat to seize the entire territory of the Donbas region in Ukraine with the use of military force, unless the Ukrainian
Trump’s Move to Scrap Somali Safeguards Sends Shockwaves Through Minnesota
The threat level of ending temporary legal safeguards of Somalis residing in Minnesota by President Donald Trump is causing panic in the deeply rooted immigrant populace of Minnesota, with apprehension
Ukraine Hits Two Russian Vessels Carrying Military Gear in the Caspian Sea
The special forces of Ukraine announced that on 12th December, they carried out an attack with what they referred to as a local resistance movement in the goal of striking
Canada Joins EU’s Defense Spending Surge Initiative
Canada has agreed on the membership of the European Union Security Action of Europe (SAFE) program that will provide Canadian military companies with wider access to the European market, said
Fighting Reignites in Congo Just Hours After Trump-Backed Peace Deal Ceremony
The battle in eastern Democratic Republic of Congo continued on 5th December, a day after President Donald Trump summoned Congolese and Rwandan leaders in Washington to sign new agreements that
Ukraine Hits Key Pipeline Supplying Russian Oil to Hungary and Slovakia, Sources Say
Ukraine struck the Druzhba oil pipeline in the central Tambov area of Russia, a source in the GUR military intelligence of Ukraine wrote on 3rd December. The fifth Ukrainian attack
Russia–India Trade Booms as Putin and Modi Announce New Momentum
On 5th December, at an annual summit, Russian President Vladimir Putin met Indian Prime Minister Narendra Modi and agreed to diversify their bilateral economic relationships as the United States urges
Romania Says It Shot Down Maritime Drone Over the Black Sea
The Romanian military destroyed a maritime drone that was threatening shipping in the Black Sea, and the Ministry of National Defence announced the action on Dec 3, as the worry
Moroccan Caftan Earns Place on UNESCO’s Intangible Cultural Heritage List
At the 20th session of the Intergovernmental Committee of the United Nations Educational, Scientific, Cultural and Sports Organization (UNESCO), a number of living traditions were, this year, inscribed on the
From Australia to Europe, Nations Move to Curb Children’s Access to Social Media
Australia has become the world’s first nation to ban social media for children under the age of 16, preventing them from using social media platforms such as TikTok, Alphabet’s YouTube,
Bezos Earth Fund Pumps $24.5 Million Into Expanding Global Marine Conservation Efforts
The largest climate charity on Earth has donated $24.5 million to conserve coastal ecosystems as a geographic plan to establish the initial multinational marine biosphere reserve on Earth, its leader
From Mud Homes to Joyful Songs: Living Heritage on the Global Stage
Drums, applause and laughter were the order of the day in a full to capacity conference hall in New Delhi as the world representatives witnessed their traditions getting world recognition.
India Scraps Pilot Rest Rules After IndiGo Unrest Erupts
The Ministry of Aviation, India, on 5th December reversed a new policy, which rested pilots every week, following havoc in the country as a result of hundreds of flights being
Nepali Art and Handicrafts Take Center Stage at the Patan Craft and Culture Festival 2025
The 2025 Patan Craft and Culture Festival in Lalitpur likewise drew in art enthusiasts and fans of handicrafts. The Expo is a 7-week event that is organised in partnership with
Historic Boost: AfDB Backs $1.78B Strategy to Reshape Namibia and Create Jobs
A Country Strategy Paper (CSP), which has been approved by the Board of Directors of the African Development Bank Group, commits the country to an investment of $1.78 billion to
RBI Cuts Rates, Boosts Liquidity to Keep India’s ‘Goldilocks’ Economy Just Right
The Reserve Bank of India (RBI) slashed its key repo rate by 25 bps (basis points) on Friday (Dec 5) and did not rule out easing more while it took
Saudi Aramco and Sonatrach increase December LPG Prices by 3-5 percent
The official selling prices (OSPs) of Saudi Aramco and Algerian Sonatrach of liquefied petroleum gas (LPG) have increased by a rate of between 3.3% and 5.4% in December, traders added,
World Bank & ADB Launch First Pacific Projects Under New Partnership Initiative
The first two Pacific projects to be implemented today were announced by the World Bank Group President Ajay Banga and Asian Development Bank (ADB) President Masato Kanda as part of
US and Saudi Arabia Showcase Bold New Business Deals at Major Investment Forum
On 19th November Saudi and US authorities boasted of billions of dollars in new investments and expanding financial relationships between the two nations as Saudi Arabia’s Crown Prince Mohammed bin
Central Bank to Launch $2 Billion Auction Sprint, Including Major Monday Repo Sale
On 21st November, the Brazilian central bank announced it will conduct up to two dollar auctions with repurchase agreements of up to $2 billion on Monday morning. According to a
Canada Posts Trade Surplus after Months of Deficits
Canada had recorded a monthly surplus in its international trade after seven months of deficits. According to the statistics from Canada, the country experienced a trade surplus amounting to $153
Mexico’s Senate Greenlights Steep Tariff Hikes on Chinese and Asian Imports
The Senate of Mexico on 10th December passed up to 50 percent of tariffs on imports next year on the goods of China and some other Asian nations, in an
Russian Tanker Hit by Drone Attack Off Turkey’s Coast, Authorities Say
On 2nd December, a Russian-flagged tanker that was loaded with sunflower oil reported a drone strike on the Turkish coast, as its 13 crew members were safely unharmed, according to
“Good Talks”: Japan’s Finance Minister Marks Positive Shift with BOJ Governor
Japanese Finance Minister Satsuki Katayama told reporters on 5th December that all communications with Bank of Japan Governor Kazuo Ueda had been positive in most aspects since she assumed the
Historic Boost: AfDB Backs $1.78B Strategy to Reshape Namibia and Create Jobs
A Country Strategy Paper (CSP), which has been approved by the Board of Directors of the African Development Bank Group, commits the country to an investment of $1.78 billion to
Tragedy on the River: Deadly Peru Landslide Sweeps Away Two Boats
Peru Local media reports that at least 12 people are dead and about 50 more are missing after a landslide hit two boats that were docked at a river port
