World

IMF commends cooperation b/w US, China on sustainable finance

The International Monetary Fund (IMF) has commended cooperation between the United States and China on sustainable finance under the Group of 20. In an interview with a Chinese news agency, IMF Managing Director Kristalina Georgieva said the two largest economies cooperating on sustainable finance is a very positive step in a world that is undergoing transformation because of climate risks.

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IMF commends cooperation b/w US, China on sustainable finance

The International Monetary Fund (IMF) has commended cooperation between the United States and China on sustainable finance under the Group of 20. In an interview with a Chinese news agency, IMF Managing Director Kristalina Georgieva said the two largest economies cooperating on sustainable finance is a very positive step in a world that is undergoing transformation because of climate risks.

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UK PM expresses support for Jordan’s security, stability under leadership of King Abdullah II

The Prime Minister of United Kingdom, Boris Johnson, has expressed his full support for Jordan's security and stability under the leadership of King Abdullah II. In a telephonic conversation with King Abdullah II, he expressed willingness to bolster cooperation in all sectors between both countries.

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Antonio Guterres

UN Chief urges wealth tax on those who profited during COVID-19

UN Secretary General António Guterres has urged governments to consider a solidarity or wealth tax on those who profited during COVID-19 pandemic to reduce extreme inequalities. In a statement, he said the fortune of the world's richest rose by 5 trillion dollars in the past year. The UN Secretary General urged need a new social contract, based on solidarity and...

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Conservative ex-banker Guillermo Lasso won Ecuador's presidential elections. He obtained 52.5% of the vote, declaring himself president-elect with more than 96% of ballots counted. Lasso will assume his office on 24th of May, 2021. His opponent, socialist economist Andres Arauz, received 47.4% of the votes. According to the observers, the President-elect Lasso Guillermo is expected to put the country on...

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3rd Round of China-Pakistan Consultations on UN affairs held virtually

The 3rd Round of China-Pakistan Consultations on the United Nations Affairs was held virtually in which views were exchanged on wide range of multilateral issues of mutual interest covering all major areas of the United Nations' work. The Chinese Embassy in Pakistan, the Embassy of Pakistan in China and the Permanent Missions of China and Pakistan at the United Nations...

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Low-income countries received just 0.2 per cent of all COVID-19 shots given: WHO

The vast majority of coronavirus vaccines administered have so far gone to wealthy nations, the World Health Organization (WHO) reported other day. Although more than 700 million vaccine doses have been administered globally, richer countries have received more than 87 per cent, and low-income countries just 0.2 per cent. “There remains a shocking imbalance in the global distribution of vaccines”,...

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U.S. Navy’s transit through Indian exclusive economic zone ignites conflict b/w two nations

The transit of the US warship, USS John Paul Jones, through India's exclusive economic zone ignited a conflict between the two navies. Indian foreign ministry claimed that the voyage of US Navy in Indian waters took place without due permission of India, terming it against UN convention. In return, the US Seventh Fleet took stance that it asserted navigational rights...

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Kuwaiti PM lauds Saudi Arabia’s initiative to reach political solution to Yemeni crisis

uwaiti Prime Minister Sheikh Sabah Khalid Al-Hamad Al-Sabah has lauded Saudi Arabia’s initiative to reach a political solution to the Yemeni crisis. He made the remarks during his meeting with Yemeni Foreign Minister Ahmed Awad Bin Mubarak in Kuwait City. The Kuwaiti premier assured the visiting Yemeni Foreign Minister of Kuwait’s support for all efforts aimed at reaching a comprehensive...

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Britain’s Prince Philip dies at age 99

Britian's Queen Elizabeth II's husband, Prince Philip, the Duke of Edinburgh, has passed away today (Friday) at Windsor Castle. It is with deep sorrow that Her Majesty The Queen has announced the death of her beloved husband, His Royal Highness The Prince Philip, Duke of Edinburgh. His Royal Highness passed away peacefully this morning at Windsor Castle. pic.twitter.com/XOIDQqlFPn — The...

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US resumes aid for Palestinians, providing $235 million; UN welcomes

The Biden administration announced on Wednesday it would provide $235 million in U.S. aid to the Palestinians, restarting funding for the United Nations agency caring for refugees and restoring other assistance cut off by former President Donald Trump. The bulk of the money will go through the U.N. agency for Palestinian refugees, United Nations Relief and Works Agency (UNRWA) –...

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China says U.S. to blame for tensions over Taiwan

China has blamed United States for tensions over Taiwan after a U.S. warship sailed close to Chinese-claimed island. Speaking at a daily news briefing, Chinese Foreign Ministry spokesman Zhao Lijian said UsS. ships engaging in provocations threatening peace and stability in Taiwan Strait

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New Zealand suspends entry for travellers from India due to high COVID-19 cases

New Zealand has temporarily suspended entry for all travellers from India for about two weeks following a high number of positive coronavirus cases. In a news conference in Auckland, Prime Minister Jacinda Ardern said decision is taken after country recorded 23 new positive corona virus cases at its border of which 17 were from India.

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China urges US to lift all illegal sanctions against Iran

China has urged the United States to lift all illegal sanctions against Iran. In a statement, Chinese envoy to the United Nations in Vienna Wang Qun said Beijing will work with all parties to continue advancing the political settlement of the Iran nuclear issue and strive to restore the full implementation of the 2015 accord as early as possible.

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Chinese, Pakistani businessmen to make deals in B2B meetings online

Chinese exhibition firm Everest Int’l Expo Pvt. Ltd. will arrange online meetings between manufacturers of China’s Henan province and potential investors and buyers from Pakistan. The meetings will take place from April 26-30 between representatives of the Henan-based industries and Pakistani traders interested in procuring their products or technology. These meetings will be held in collaboration with Chamber of Commerce...

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Modi regime focussing on suppressing people, engaging in military adventure: Prof Cheng

In India, Narendra Modi regime is still focusing on suppressing the people, engaging in military adventure and territorial expansion, which leads to high tension with neighboring countries. Therefore, it is inevitable for the anti-government armed groups to be reactivated in the remote areas such as Chhattisgarh, where farmers are struggling on the line of death. These views were expressed by...

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ASEAN leaders express concern over rising number of fatalities in Myanmar

ASEAN leaders have expressed concern over the rising number of fatalities in Myanmar urging all parties to refrain from instigating further violence. Malaysian Prime Minister Muhyiddin Yassin and Brunei Sultan Hassanal Bolkiah in a joint statement in Kuala Lumpur, urged all sides to immediately exercise utmost restraint and flexibility. According to statement, both countries asked their ministers and senior officials...

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