Sri Lanka’s public workers strike to press for lower taxes, power bills By: Reuters on March 15, 2023COLOMBO: Public employees at Sri Lanka’s ports, hospitals, schools, and railways went on strike on Wednesday to protest against high costs of living as the country struggles to recover from a severe financial crisis. Thousands of members belonging to more than 40 trade unions refused to report to work or took sick leave in the […]
North Korea fires two short-range ballistic missiles, South Korea says By: Reuters on March 14, 2023North Korea fired two short-range ballistic missiles into the sea off its east coast on Tuesday, South Korea’s military said, the latest of several weapons tests as the South and the United States conduct their largest joint military drills in years. The missiles were fired about 7:40 a.m. (2240 GMT on Monday) from South Hwanghae province, near […]
Mahsa Amini not forgotten in Iran six months after death By: AFP on March 14, 2023TEHRAN: Six months ago this week, Mahsa Amini was arrested for allegedly flouting Iran’s strict dress code for women. Within days she was dead, sparking the country’s biggest protests in years. The 22-year ethnic Kurd became a household name inside Iran, a rallying point for demands for change. Around the world, she became a hero […]
France, Britain strike migration deal paving way for new entente By: Reuters on March 10, 2023PARIS, March 10 (Reuters) – Britain will pay France around 480 million pounds ($577 million) over three years to try to stop migrants travelling in small boats across the Channel as the two allies on Friday took a major step to end years of bickering in the post-Brexit era. At a summit designed to rebuild […]
Apple backs new music startup By: Reuters on March 9, 2023Apple Inc is backing a music startup launched by one of its former executives. The company, called Gamma, is the brainchild of former Apple Music Global Creative Director Larry Jackson and veteran music executive Ike Youssef. It positions itself as an alternative to traditional record labels. “The artists shaping today’s culture not only create music, but […]
India’s oil deals with Russia dent decades-old dollar dominance By: Reuters on March 8, 2023NEW DELHI: U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – have been settled in other currencies. The dollar’s pre-eminence has periodically been called into question and yet it has continued because of the […]
Red Bull play down talk of winning every race By: Reuters on March 7, 2023LONDON: Red Bull were so dominant in Formula One’s Bahrain season-opener that Mercedes rival George Russell suggested they could win every race this year. The Briton was not alone in pointing to such a scenario, even if such a sweep would be unprecedented in a championship that started in 1950 with far fewer rounds than […]
Saudi deposits $5bn in quake-hit Turkiye’s central bank By: AFP on March 6, 2023RIYADH: Saudi Arabia said Monday it was depositing $5 billion in Turkiye’s central bank, a potentially major boost as the country grapples with inflation and damage from last month’s earthquake ahead of presidential elections. Ahmed Al Khateeb, the Saudi tourism minister and board chairman of the Saudi Fund for Development, signed an agreement with Turkish […]
Chinese chipmaking equipment manufacturers filling void left by US export restrictions By: Reuters on March 6, 2023The United States is working to expand its restrictions on the export of chipmaking equipment to China by securing cooperation with the Netherlands and Japan, forcing Chinese chipmakers to turn to domestic suppliers such as those listed below. SHANGHAI MICRO ELECTRONICS EQUIPMENT (SMEE) SMEE is China’s only producer of lithography machines used in semiconductor manufacturing, making it […]
According to a new index, the UAE passport is the strongest in the world By: webdesk on March 3, 2023The Emirati document entered the top 10 list by Nomad Capitalist for the first time with a score of 110.50, moving up from position 35 from the previous year to number one right away. The United Arab Emirates is at the top of the list for 2023, according to the tax and immigration consultancy, in […]