Recent Posts

International Debt: A Tale of Two Stories

The International Debt Statistics (2022) published by the World Bank has revealed that the external debt of 123 low- and middle-income countries have increased on average 5.6 percent to $8.7 trillion in 2020. It shows devastating impact of the pandemic on economy of the developing countries. The G20 creditors have …

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U.S. Warships Pass Taiwan Strait

The U.S. has deployed two of its warships to the Taiwan Strait in a first such mission since the controversial visit of U.S. House Speaker Nancy Pelosi to Taipei, the Navy said on Saturday. Media reports said: USS Chancellorsville and USS Antietam, guided-missile cruisers, are sailing through international waters in …

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Iranian President Threatens Israel, Says Int’l Inspections Could Ruin Nuclear Deal

Iranian President Ebrahim Raisi warned on Monday that any Israeli military strike on his country’s nuclear program would lead to the destruction of “the Zionist regime.” Raisi said Israel could not protect itself against Palestinian “resistance groups” and would not succeed in stopping Iran’s nuclear program. “Can they keep themselves …

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