Germany’s recently elected center-left coalition under Chancellor Scholz chose India as the partner for its first governmental consultations on 2nd May 2022. Beyond the signaling effects that Europe’s and Asia’s largest democracies intend to cooperate more closely together, the final joint statement exhibits the depth of mutual understanding and trust …

Clashes between Iraqi security forces and a Yazidi militia known as the Shingal Resistance Units (YBS) may represent one of several new fronts in escalating tensions between Iran and Turkey in Iraq. Turkey has intensified air, drone and artillery attacks against Kurdistan Workers Party (PKK) targets beyond the remote, northern …

For most experts, deflation is bad news since it generates expectations for a continued decline in prices, leading consumers to postpone the purchases of present goods, since they expect to purchase them at lower prices in the future. Consequently, this weakens the overall flow of current spending and this, in …