World & Politics
Japan's government rating hits record low - 11/13/2023
The Japanese government's support rating fell to a historic low of 29.1%, a 10.5% drop from the previous poll, reports the news service of the Japanese television broadcaster TBS. According to polls so far, this is not only the lowest level for Kishida's two years as Prime Minister, but also for the entire 11 years since the Liberal Democratic Party led by Shinzo Abe regained power after 4 years...
Bloomberg: EU countries urge not to rush to use frozen Russian assets - 11/10/2023
According to Bloomberg, major European Union (EU) countries such as France, Germany, Italy, and Belgium are "cautious" about accelerating efforts to use earnings from Russia's frozen assets overseas. They claim that the European Commission (EC) is set on making a definitive judgment by the end of the year. Several EU countries advised the EC during a secret meeting on Wednesday, November 8, that...
Egypt imports LNG for the first time since July amid limited gas supplies from Israel - 11/09/2023
According to S&P Global Commodity Insights, Egypt purchased liquefied natural gas for the first time in recent months. The cargo was brought to the Suez Canal port at Ain Sokhna by the Greek-flagged ship Maran Gas Kalymnos. In addition to the LNG, the ship also carrier oil. Previously, Egypt had last imported LNG in July. The total volume delivered was 60,000 tons. S&P Global notes that...
McKinsey: Indian tourists will enter Top 4 travelers in terms of travel expenditure - 11/03/2023
Forecasts from analysts at the travel aggregator Booking.com and consulting firm McKinsey indicate that by 2030, Indian travelers will be the fourth group globally in terms of spending on travel and shopping expenses. The US, China, and Germany will continue to be the top three nations. Currently, when it comes to the amount that Indians spend on travel, they only come in sixth place in the...
EU sends over 90 tons of humanitarian aid to Afghanistan - 10/31/2023
The first flight of a humanitarian airlift to earthquake-stricken Afghanistan has already been sent, according to the European Commission (EC). On this occasion, European Commissioner for Crisis Management Janez Lenarčič stated, "Following the recent series of devastating earthquakes in Afghanistan, the EU is determined to extend our assistance and support to the Afghan people in need."...
FATF urges all jurisdictions to implement standards to combat terrorist financing - 10/30/2023
Attendees at the Financial Action Task Force (FATF) meeting talked about events in the Middle East and agreed that all countries must fully implement the organization's guidelines to combat terrorist financing. On their website, the organization states that these standards cover things like disseminating and analyzing data about networks that finance terrorism as well as employing financial...
EU refuses to attend meeting on Israel conflict if Hamas is present - 10/27/2023
European Council President Charles Michel stated on Friday night that the EU will not take part in a settlement meeting between the Palestinians and Israel if the extremist Hamas movement is involved. "We view them as a terrorist organization," he told at a press conference in Brussels, "Hamas cannot have any role in a conference involving the EU." Michel clarified that the concept for this...
EC to strengthen support for EU defense industry - 10/19/2023
In line with the Ammunition Support for Ammunition Production (ASAP) legislation, the European Commission has declared that it will be providing more support to the European defense industry in 2023–2025. "ASAP (Act in Support of Ammunition Production) will allocate €500 million to support investment projects worth up to €1.4 billion, thereby stimulating the ramping up of ammunition and missile...
EC President warns of possible problems with Middle Eastern migrants for Europe - 10/18/2023
The European Council President, Charles Michel, stated that European leaders talked about the potentially dangerous effects of events in the Middle East on migration on Tuesday. "It is evident that the situation in the region might have extremely catastrophic repercussions for a country like Egypt, which is presently housing millions of migrants. Furthermore, it might directly affect us in...
China's GDP grows by 5.2 percent - 10/18/2023
China's GDP grew by 5.2 percent in the first three quarters of 2023, according to the People's Republic of China Statistics Bureau. China's national statistics office released figures that showed the country's gross domestic product (GDP) increased 5.2% year over year in the first three quarters of 2023. Preliminary data indicates that China's GDP for the first three quarters of 2023 was 91.302...