The world is approaching a major conflict unseen since 1945, Serbian President Aleksandar Vucic warned on Tuesday, after the first day of the UN General Assembly session in New York. Small countries can’t expect any good news going forward, Vucic added. “You see a crisis in every part of the …
Read More »Blame West for global inflation spike, says ex-president of EU country
Former Czech President Vaclav Klaus has rejected the notion that the Ukrainian conflict has been the sole reason for the economic problems now experienced around the globe. “The issues that led to spiking inflation and to a huge increase in energy prices that we have now originated long before February …
Read More »Monkeypox spread declared global emergency
The World Health Organization on Saturday declared the global spread of monkeypox a ‘Public Health Emergency of International Concern’, one level below the pandemic status assigned to Covid-19. There have now been 16,000 cases recorded in 75 countries, WHO Director Tedros Adhanom Ghebreyesus said. The monkeypox outbreak, which began among …
Read More »IMF to ‘substantially’ cut global growth outlook — Bloomberg
The International Monetary Fund will significantly reduce its forecast for global economic growth in its next update, according to Ceyla Pazarbasioglu, the IMF’s director for strategy, policy and review, as reported by Bloomberg. “It’s shock after shock after shock which are really hitting the global economy,” she said at a …
Read More »Global population to hit 8 billion this year – UN
The world’s population is expected to reach the eight-billion milestone in mid-November of this year, with India projected to surpass China next year as the most populous country, the United Nations has said. A UN report released on Monday predicts that the global population could increase to around 8.5 billion …
Read More »Putin suggests way out of global economic crisis
The West’s selfish attempts to blame the entire world for its own mistakes have led to the global economic crisis, Russian President Vladimir Putin said on Thursday, appearing via video link at the 14th BRICS Summit. “Only on the basis of honest and mutually beneficial cooperation is it possible to …
Read More »Moscow identifies cause of global economic woes
Russian President Vladimir Putin has accused Western nations of damaging their own economies through money printing while wrongly blaming their problems on the Ukraine conflict. “The latest price hikes, inflation, problems with food and fuel, gasoline, problems in the energy sector are the result of systemic mistakes in the economic …
Read More »Bosnian Serb leader laments ‘deficit of global leadership’
Problems facing the world demand statesmanship from serious leaders who simply don’t exist in the West, Milorad Dodik, the Serb member of the Bosnia-Herzegovina presidency, complained on Thursday. Russia’s Vladimir Putin, Chinese leader Xi Jinping – and Turkish head-of-state Recep Tayyip Erdogan, to some extent – are the only leaders who …
Read More »Global nuclear weapons spending calculated
Global nuclear weapon spending saw a significant increase in 2021 according to the latest International Campaign to Abolish Nuclear Weapons (ICAN) report published on Tuesday. In just one year, the nine nuclear-armed nations – US, China, Russia, France, India, Israel, North Korea, Pakistan and the United Kingdom – spent a …
Read More »Global chip shortage expected to worsen
Russian government restrictions on exports of gasses used in semiconductor production may exacerbate the shortage of chips in the global market and further increase prices, the Global Times reported this week, citing sources. Xiang Ligang, director-general of the Beijing-based Information Consumption Alliance, told the outlet that the restrictions could affect …
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