Haniyeh murder confession: Iran threatens retaliation against Israel

Iran has strongly condemned Israel’s confession to the assassination of Ismail Haniyeh, the former head of the Palestinian Islamic resistance movement Hamas, calling it a “heinous crime.” Iran’s permanent ambassador to the United Nations, Amir Saeed Iravani, made the remarks in a letter sent to the UN Secretary-General and the President of the Security Council […]

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Both crises regarding Sheikh Hasina, which way will India go

Bangladesh has formally requested the return of Sheikh Hasina. As a result, New Delhi has faced a new situation, which has become quite complicated for them, according to those concerned. The issue is not limited to legal obligations alone. It is a matter of regional stability and political strategy. The issue of Bangladesh’s request for […]

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Indian state refiners may buy Mideast spot oil to replace Russian shortfall

The three large state refiners- Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum – are short of 8-10 million barrels of Russian oil for January loading. Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier Russia have fallen, three refining sources said, in a move […]

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Bangladesh-Pakistan direct shipping route starts delivering results: DP World

The new direct connection has slashed transit times by over 50% and enhanced regional connectivity by eliminating the need for trans-shipment. More than 1,000 containers have been shipped between Pakistan and Bangladesh since the launch of the “first direct shipping route” between Bangladesh and Pakistan in October, according to Dubai-based port operator DP World. The […]

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South Korea’s Yoon defies second agency summons over martial law

South Korea’s suspended President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month. Yoon had not appeared for questioning as of 10 am (0100 GMT) on Christmas Day as requested by the Corruption Investigation […]

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Taiwan blocks Uber’s $950 mln Foodpanda deal: Bloomberg News

Uber, Delivery Hero and Foodpanda did not immediately respond to requests for comment outside regular business hours. Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business on the island because of anti-competition concerns, Bloomberg News reported on Wednesday, citing Taiwan’s official Central News Agency (CNA). Uber, Delivery Hero and Foodpanda did […]

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World Bank raises China’s GDP forecast for 2024, 2025

The world’s second-biggest economy has struggled this year, mainly due to a property crisis and tepid domestic demand. The World Bank raised on Thursday (26 December) its forecast for China’s economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it […]

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India’s former PM Manmohan Singh dies aged 92

Singh, an economist-turned-politician who also served as the governor of the central bank, was ailing and admitted to the All India Institute of Medical Sciences in New Delhi, local media reported late on Thursday. India’s former Prime Minister Manmohan Singh, widely regarded as the architect of India’s economic reform program and a landmark nuclear deal […]

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Coal Export of Mongolia Expected to Surpass 80 Million Tons

According to the Mongolian Customs General Administration, over the first 11 months of 2024, Mongolia earned USD 8.181.5 million from coal exports, which is an increase of USD 250 million compared to the same period of the previous year. The amount of coal exported since the beginning of the year has reached 78,519.7 thousand tons, […]

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Afghan ministry finalizes purchase of 38,000 tons of wheat

The Ministry of Agriculture, Irrigation, and Livestock (AIL) has announced the completion of the process to purchase an additional 38,000 tons of wheat from farmers across the country. Officials of the ministry emphasized that, under the directive of the leader of the Islamic Emirate, wheat worth over one billion afghani has been purchased from farmers, […]

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