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Tag Archives: Nation

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Asian nation seeks NATO mission

South Korea is planning to set up a mission to NATO headquarters in Europe, the country’s National Security Adviser Kim Sung-han revealed Wednesday. Seoul, a long-time close ally of Washington, is seeking to bolster its cooperation with the US-led bloc in the face of an “unpredictable” international situation, the official …

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One more nation to adopt euro

The Croatian parliament has approved a law on adopting the euro on January 1, 2023. Lawmakers voted 117-13 in favor of replacing the kuna with the European single currency. Under the legislation, prices in Croatia will be displayed in both currencies from September this year, and used in parallel throughout …

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Baltic nation sees wild surge in consumer prices

The Estonian consumer price index saw a dramatic surge of 18.8% year-over-year in April, with prices advancing faster than they have been in decades, according to the latest data revealed by Statistics Estonia. The agency reported that prices for goods and services were 14.4% and 27.8% more expensive respectively in …

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EU nation rejects Russian oil ban proposal

Slovakia warned on Wednesday that it will not be able to agree to the European Commission’s proposal for a ban on Russian oil, and has called for more time to find alternative fuel suppliers. The proposed embargo is part of the latest Ukraine-related sanctions against Moscow that would see crude …

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First African nation adopts Bitcoin as currency

The world’s most popular cryptocurrency – Bitcoin – has become legal tender in the Central African Republic. Lawmakers unanimously voted to adopt Bitcoin alongside the country’s traditional currency, the CFA franc, and the country’s President signed the measure into law on Wednesday, the president’s office said in a statement. The …

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US vows response to China’s presence in this tiny Pacific nation

The United States said on Friday it would respond if China builds a permanent military base in the Solomon Islands, warning such a move would create “significant concerns” after the country signed a security deal with Beijing earlier this month. Following meetings between a high-level US delegation and top officials …

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A nation under sanctions: What Iran’s experience can tell us about Russia’s fight against Western pressure

The whirlwind of sanctions directed against Russia has intensified to such an extent that the fallout is being felt far beyond the government agencies involved in Russia’s military offensive in Ukraine. Oil prices have soared in anticipation of shortages, businesses have announced boycotts, athletes are being excluded from competitions, and some Russians are …

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EU nation says it’s ready to pay rubles for Russian gas

Hungary’s Prime Minister Viktor Orban said on Wednesday he is opposed to any EU sanctions on Russian energy, adding his country will accept Moscow’s directive that gas supplies be paid-for in rubles. Hungary will not yield to pressure and will not support restrictions of oil and gas supplies from Russia …

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Asian nation’s government quits amid economic crisis

Following the resignation of Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal on Monday, President Gotabaya Rajapaksa dropped his brother, Basil Rajapaksa, as finance minister in an attempt to reshape the country’s government, amid massive protests over a deteriorating economic crisis. The Rajapaksa’s political clan has been accused of nepotism …

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