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November 19, 2024 1:10 PM

Moody’s Ratings downgrades its outlook on Bangladesh economy to negative

The Moody's Ratings on Monday downgraded its outlook on the Bangladesh economy to negative from stable owing to heightened political risks and lower growth forecasts following the recent political and social unrest that led to a change in government.   It cut Bangladesh's ratings from B1 to B...

November 19, 2024 9:22 AM

Russia vetoes UNSC resolution calling for an immediate ceasefire in Sudan

Russia has vetoed a United Nations Security Council resolution calling for an immediate ceasefire in Sudan yesterday.   The resolution, authored by the United Kingdom and Sierra Leone, had called on all warring parties in Sudan to immediately cease hostilities and initiate a dialogue on ceasefi...

November 18, 2024 8:08 PM

Sri Lankan President Anura Kumara Dissanayake to visit India in Dec

Sri Lankan  President Anura Kumara Dissanayake will visit India in December, newly appointed Foreign Minister Vijitha Herath said. Speaking to the media today, the Foreign Minister said that the President is expected to travel to India in mid-December. He further revealed that the President will e...

November 18, 2024 7:11 PM

Dubai hosts 3rd Global Freight Summit, drawing over 5,000 industry leaders

The Global Freight Summit 2024 commenced in Dubai today, marking its third edition since its inception in 2022. The three-day event, hosted by DP World, has attracted more than 5,000 industry leaders from 155 countries, representing diverse sectors of the global supply chain industry. This year's su...

November 18, 2024 6:13 PM

Gabonese voters approves new constitution in referendum

Gabonese voters have approved of a new constitution by a landslide 91.8 per cent proposed by the country's military rulers. According to media reports, the proposed new constitution introduces a limit of two terms on the presidency, while also increasing the length of terms from five to seven years....

November 18, 2024 6:04 PM

Germany to grant 2 lakh visas for skilled job seeker by year-end

Germany has announced that it will grant 200,000 visas for skilled job seekers by the end of the year, a 10 per cent jump compared to last year. Europe's largest economy continues to face chronic labour shortages, with around 1.34 million jobs currently vacant. Berlin last year adopted a points-bas...

November 18, 2024 8:41 PM

Biden reportedly allows Ukraine’s use of US-made weapons in Russia

US President Joe Biden has allowed Ukraine to use U.S.-made weapons to strike deep into Russia, multiple US media outlets reported. However, the US has not formally announced the decision, but a German government spokesperson said today that Berlin had been informed.   European leaders, inclu...

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