IMF WARNS UK ITS BUDGET CUTS WILL ‘LIKELY INCREASE INEQUALITY’

Wed 28 September 2022: The International Monetary Fund (IMF) has taken aim at new British financial plans that have roiled markets, warning that “large and untargeted fiscal packages” would likely increase inequality in the United Kingdom and could undermine monetary policy. In its first comments on Tuesday on plans by the UK’s new finance minister Kwasi […]

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INDIAN GOVERNMENT BANS MUSLIM GROUP PFI OVER ALLEGED ‘TERROR’ LINKS

PFI, SDPI workers protest in Hubballi. Credit: PTI Photo Wed 28 September 2022:  After authorities detained more than 100 PFI members this month, India declared the Muslim organization Popular Front of India (PFI) and its affiliates illegal, accusing them of supporting “terrorism,” and banned them for five years. “The Popular Front of India and its […]

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KING SALMAN APPOINTS CROWN PRINCE AS PRIME MINISTER

Wed 28 September 2022:  Saudi Arabia’s King Salman bin Abdulaziz named his son and heir, Prince Mohammed bin Salman, as the Kingdom’s Prime Minister and his second son, Prince Khalid as Defence Minister, a Royal Decree said on Tuesday, Reuters reports. The reshuffle kept another son, Prince Abdulaziz bin Salman, as Energy Minister, the Royal Decree, carried […]

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NORD STREAM 1 AND 2 PIPELINES LEAK GAS INTO BALTIC, RAISING FEARS OF SABOTAGE

Tue 27 September 2022: Member states of the European Union are racing to investigate sudden and unexplained leaks in two Russian gas pipelines beneath the Baltic Sea, infrastructure at the heart of a dispute between Moscow and the EU. Sweden’s Maritime Authority issued a warning on Tuesday about two leaks in the Nord Stream 1 […]

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WORLD TOURISM DAY 2022: DOES INTERNATIONAL TOURISM REACH PRE-PANDEMIC LEVEL?

Tue 27 September 2022: Every year September 27 is celebrated as World Tourism Day to mark the anniversary of the adoption of the Statutes of the United Nations World Tourism Organisation (UNWTO). On the occasion of World Tourism Day 2022, let us analyze whether international tourism reached a pre-pandemic level or not. Although international tourism […]

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