South Korea battles second day of heavy snow; four dead

The winter snowfall was the third-heaviest in Seoul, the capital, since records began in 1907, the Yonhap news agency said, citing data from the city. South Korea grappled with heavy snowfall for a second day on Thursday, with dozens of flights cancelled, ferry operations suspended and at least four people reported dead in a bitter […]

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Bangladesh’s Foreign loan commitments slide 93% in Jul-Oct

Bangladesh’s foreign loan commitments from development partners plummeted by a staggering 93% year-on-year in the first four months of the current fiscal year, according to data from the Economic Relations Division (ERD). Between July and October, only $254.57 million in commitments was received, compared to $3.628 billion in the equivalent period of the previous fiscal […]

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Pakistanis to go to Umrah with a ‘no begging’ bond

Pakistan has taken strict steps against its own citizens to prevent begging in Saudi Arabia. From now on, Pakistanis will have to give a ‘no begging’ bond before going to Umrah and Hajj. Citing Pakistani media, Saudi media ‘Sabq’ and Middle Eastern media Gulf News reported that the Ministry of Religious Affairs of Pakistan has […]

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Russia says US using Taiwan to stir crisis in Asia

China views democratically governed Taiwan as its own territory, a claim that Taiwan’s government rejects. The US is Taiwan’s most important international backer and arms supplier, despite the lack of formal diplomatic recognition. The United States is using Taiwan to provoke a serious crisis in Asia, Russian Deputy Foreign Minister Andrei Rudenko told TASS news […]

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Canada denies it has evidence linking Modi to killing of Sikh separatists

A Canadian media outlet has recently bombed the hostile relations between Canada and India over the killing of Sikh leader Hardeep Singh Nijjar. Citing government sources, the outlet, The Globe and Mail, claimed in its report that Indian Prime Minister Narendra Modi knew about the conspiracy to kill Nijjar in advance. In such a situation, […]

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Indian billionaire Adani down again, but not out

The bombshell indictment in New York on Wednesday accusing Adani and his associates of paying more than $250 million in bribes to secure lucrative government contracts sparked a frenzied sale of stocks. Indian billionaire Gautam Adani’s feverish push to expand his global energy and infrastructure empire has been knocked by US bribery charges, but analysts […]

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China is expanding visa-free entry to more countries in bid to boost economy

Starting 30 November, travellers from Bulgaria, Romania, Malta, Croatia, Montenegro, North Macedonia, Estonia, Latvia and Japan will be able to enter China for up to 30 days without a visa. China announced Friday (22 November) that it would expand visa-free entry to nine more countries as it seeks to boost tourism and business travel to […]

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Moody’s downgrade doesn’t reflect economic progress since July upsurge: Cenbank

The international credit rating agency Moody’s on 19 November lowered Bangladesh’s sovereign rating from B1 to B2 and maintained its short-term issuer rating as Not Prime, while also shifting the outlook to negative. Bangladesh Bank has discounted the Moody’s recent downgrade of Bangladesh’s sovereign credit rating, arguing it does not accurately reflect the significant political […]

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