Tehran, Iran | Xinhua | Iranian Foreign Minister Hossein Amir-Abdollahian said Wednesday that his country “welcomes the continuation of diplomacy and talks” to rescue the Iranian nuclear deal, according to the Foreign Ministry’s website. Amir-Abdollahian made the remarks in a phone conversation with European Union (EU) foreign policy chief Josep Borrell …
Read More »Biden jabbed for telling 6 notable lies: Hill
New York, U.S. | Xinhua | While every modern U.S. president has stretched the truth now and then, Joe Biden’s routine misstatements about money and the economy seem to go unchallenged, reported The Hill in mid-July. “In recent months, as the economy has slipped into a soft recession and with inflation …
Read More »Using dollar supremacy for sanctions is disruptive, says economist
Using dollar supremacy for sanctions could well lead to other countries backing away from it (the dollar) London, UK | Xinhua | The U.S. government’s frequent use of dollar supremacy for sanctions against other countries could negatively impact global trade and finance, an economist has said. “One of the problems with …
Read More »Russia to quit ISS after 2024: space chief
Moscow, Russia | Xinhua | Russia has decided to leave the International Space Station (ISS) after 2024 and will start building a Russian one by that time, said Yury Borisov, director general of Russia’s state space corporation Roscosmos, on Tuesday. “We will focus on creating a Russian orbital station. Nor will …
Read More »Global forum tipped on people-centered democracy
Beijing, China | THE INDEPENDENT | The global community has been challenged to practice mutual respect, and uphold harmonious co-existence between communities with diverse social systems, ideologies, cultures, histories and development levels. Crispin Kaheru, a member of the Uganda Human Rights Commission (UHRC), made this call in remarks he made at …
Read More »Russian parliament leader says global de-dollarization unstoppable
Moscow, Russia | Xinhua | It is obvious that the process of de-dollarization around the world has started and cannot be stopped, Vyacheslav Volodin, chairman of Russia’s lower parliament house, the State Duma, said Tuesday. After the United States withdrew from the Bretton Woods agreement, the greenback was no longer pegged …
Read More »EU member states agree to cut off 15 pct of their gas demand
Member states agreed to reduce their gas demand by 15 percent compared to their average consumption in the past five years Brussels, Belgium | Xinhua | European Union (EU) member states have reached a political agreement on a 15 percent voluntary reduction of natural gas demand from the average of 2017-2021, …
Read More »“A beacon of hope’: Ukraine, Russia sign grain export deal
Russia and Ukraine signed separate agreements on July 22 with Turkey and the United Nations clearing the way for exporting millions of tons of desperately needed Ukrainian grain — as well as Russian grain and fertilizer — ending a wartime standoff that had threatened food security around the globe. The …
Read More »IMF cuts 2022 global growth forecast to 3.2 pct, warns of downside risks
Washington, U.S. | Xinhua | The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.2 percent, down by 0.4 percentage point from the April projection, according to its newly released update to the World Economic Outlook (WEO). Several shocks have hit the world economy already …
Read More »Türkiye detains 26 army personnel over ties to 2016 coup bid
Instanbul, Turkey | Xinhua | Turkish law enforcement units have detained 26 military personnel on the grounds of aiding a network accused of orchestrating a coup attempt in 2016, local media reported on Tuesday. In a joint effort by the army and the police forces detaining 35 individuals whose arrests were …
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