South Korea Announced Measures to Boost Tourism Amidst Economic Slowdown
The South Korean government has announced a series of measures to boost tourism and domestic demand. President Yoon Suk Yeol presided over an emergency meeting...
Category : WORLD
World Bank Estimates Cost of Rebuilding Ukraine at $411 Billion Over Next Decade
A World Bank report released on Wednesday put the cost of Ukraine recovering and rebuilding from the Russian invasion at $411 billion over the next...
Philippines and Morocco Start Adopting Aadhaar Structure
A senior official confirmed that the Philippines and Morocco had become the first two countries to start building similar unique identifier systems for their citizens...
Sri Lanka Receives $3 Billion Bailout from IMF
On March 21, the International Monetary Fund (IMF) sanctioned a $3 billion bailout for crisis-stricken Sri Lanka under the programme to “reestablish macroeconomic stability and...
Credit Suisse Collapse Reveals Ugly Truth About Switzerland to Investors
Switzerland has for decades marketed itself as a haven of legal certainty for bond and stock investors. The collapse of the Credit Suisse group revealed...
Biden Signs Bill to Declassify Information on COVID-19 Origins
On Monday, US President Joe Biden signed a bill, the “COVID-19 Origin Act of 2023,” requiring the Director of National Intelligence to declassify information related...
Turkey Begins Ratifying Finland’s NATO Membership, Sweden Must Wait
On Friday, Turkish President Recep Tayyip Erdogan ended months of diplomatic delays and asked parliament to support Finland’s bid to join NATO quickly. Opponents in...
ICC Issues Arrest Warrant for Russian President Vladimir Putin Over War Crimes in Ukraine
On Friday, the International Criminal Court (ICC) issued an arrest warrant for Russian President Vladimir Putin, accusing him of being responsible for war crimes in...
11 US Banks Announce $30 Billion Bailout for First Republic Bank
The United States eleven biggest banks declared a $30 billion rescue package for First Republic Bank to save the California-based bank from becoming the third...
Banks Rush to Borrow $164.8 Billion from Fed to Boost Liquidity
Banks borrowed a combined $164.8 billion from the Fed’s two support facilities in the latest week, a sign of escalating funding pressures following the Silicon...
