The Australian central bank has again raised its key interest rate in the country. It was the second interest rate hike in a row. With the increase, the central bank wants to combat high inflation in the country. Like many other countries, Australia is struggling with rising food and […]
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President Biden Hosts Summit of the Americas
US President Joe Biden will host the Ninth Summit of ‘the Americas’ or the North, Central and South America Summit in Los Angeles. The last summit was in 2018. Biden has not invited the left-wing leaders of Cuba, Nicaragua and Venezuela because of human rights violations and that is […]
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Asian Investors Fear Central Banks Inflation Approach
Stock markets in Asia were mostly down on Thursday. Investors were cautious after new signals that central banks like the US Federal Reserve are looking to step up their efforts to tackle high inflation. There are fears that this could affect economic growth. Furthermore, the financial markets reacted to […]
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Switzerland Blocks Delivery of Armoured Vehicles to Ukraine
The Swiss government has again blocked the delivery of war equipment to Ukraine. Bern vetoed a Danish request to supply armoured vehicles produced in Switzerland to the Eastern European country. Denmark had wanted to send about twenty armoured cars of the type Piranha III, according to the Swiss public […]
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Australian Labor Party Gains Majority in Parliament
Australia’s Labor Party has secured enough seats to secure a majority in parliament, new Prime Minister Anthony Albanian said on Tuesday. According to his party, it looks like Labor will get 76 seats, just enough for a majority. This number may increase to 77 seats. As a result, the […]
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Ukraine Summit in EU Overshadowed by Division Oil Boycott
The scheduled EU summit on Ukraine starting Monday has been overshadowed by ongoing disagreements over an embargo on Russian oil. It is very doubtful whether the summit will bring agreement, senior EU diplomats say. The leaders of the 27 EU member states will meet in Brussels in the afternoon […]
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Zelensky Continues to Push for Peace Talks With Putin
Ukrainian President Volodimir Zelensky continues to press for a meeting with his Russian counterpart Vladimir Putin. He said on Friday that he had tried several times unsuccessfully to enter into talks with Putin about ending the war in Ukraine. Ukrainians are not eager to talk to Putin, according to […]
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US’s Toughest Abortion Law Goes into Effect: Oklahoma Governor Signs Law Banning Abortion
Oklahoma Governor Kevin Stitt has signed a law banning all abortions after conception. That makes Oklahoma the US state with the strictest abortion laws. “I promised the people of Oklahoma that as governor I would sign any pro-life bill that came my way, and I’m proud to deliver on […]
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China Calls Military Exercises Warning for US
China recently held military exercises around Taiwan as a “serious warning” to the United States, state media reported. President Joe Biden spoke in Tokyo on Tuesday with the leaders of India, Japan and Australia about China’s increasing threat to Taiwan. Beijing considers Taiwan a renegade province and earlier this […]
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Zelensky’s Wife Announces Mental Aid Program
Olena Zelenska, the wife of Ukrainian President Volodimir Zelensky, has announced the launch of a national program to provide mental aid to Ukrainians. Zelenska’s reason for the launch is the “mental health crisis and shock” in the country caused by the war. According to a statement, the Ukrainian government […]