International

March 22, 2024 8:42 AM

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US, UK & Australia entered agreement to build Australia’s SSN-AUKUS submarines

The United States, the United Kingdom and Australia have entered a new agreement to build Australia’s SSN-AUKUS submarines and termed it a significant milestone in the endeavour of defence cooperation.   Under the new trilateral Security partnership, Australia’s ASC and UK-based BAE Systems will bui...

March 21, 2024 8:05 PM

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UNDP unveils its latest findings, revealing a stark reality of multidimensional vulnerability plaguing significant portions of Northern and Eastern region of Sri Lanka

The United Nations Development Programme (UNDP) has unveiled its latest findings, revealing a stark reality of multidimensional vulnerability plaguing significant portions of the Northern and Eastern region of Sri Lanka. As a solution, Indian investments in the entire Sri Lanka in general and the re...

March 22, 2024 1:03 PM

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IMF reaches staff-level agreement with Sri Lanka for USD 337 million bailout

In Sri Lanka, Senior Mission Chief of International Monetary Fund Peter Breuer and Deputy Mission Chief Katsiaryna Svirydzenka announced a staff-level agreement with Sri Lankan authorities regarding the second review of the economic reform program. The program, supported by a 4-year Extended Fund Fa...

March 21, 2024 5:39 PM

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Vietnamese President Vo Van Thuong resigns one year after his election

Vietnamese President Vo Van Thuong has resigned one year after his election. His resignation has been accepted by the Vietnamese Communist Party. In a statement, the Communist government said Thuong violated party rules and cited “shortcomings”. He violated rules on “what party members are not allow...

March 21, 2024 1:10 PM

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US Federal Reserve keeps benchmark interest rates unchanged

US Federal Reserve has kept the benchmark interest rates unchanged in a range of 5.25 percent to 5.50 percent for the fifth straight time. Federal Reserve Chairman Jerome Powell announced the interest rate decision last night after a two-day Federal Open Market Committee (FOMC) meeting. However, the...

March 21, 2024 10:21 AM

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UN agencies warned, waste from electronics is piling up worldwide

UN agencies have warned that waste from electronics is piling up worldwide while recycling rates remain low and are likely to fall even further. The agencies were referring to “e-waste,” which is defined as discarded devices with a plug or battery, including mobile phones, electronic toys, TVs, micr...

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