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Borgo Egnazia (Italy): The G7 countries have committed to promoting the ‘India-Middle East-Europe Economic Corridor’ (IMEEEC), providing a significant boost to the strategic initiative. This comes amidst ongoing tensions in West Asia, which have potentially delayed progress on the project. During the G7 meeting, which included special invitees such as India, Brazil, Argentina, UAE, and Turkey, the Indian government confirmed it has commenced work on its part of the initiative. Announced during the G20 Leaders Summit in Delhi last year, IMEEEC aims to establish rail links in Saudi Arabia and other participating countries. The G7 also expressed support for other…
Liverpool: In the lead-up to the 4th July UK election, recent opinion polls reveal a significant shift in voter sentiment, with Nigel Farage’s Reform UK overtaking Rishi Sunak’s Conservative Party. This development marks the first time Reform UK has outpaced the Tories in such polls, signalling potential trouble for the incumbent Prime Minister. The YouGov poll, conducted for the Times newspaper after Sunak announced the Conservative Party’s manifesto, shows Reform UK leading with 19% support—an increase of 2% from the previous poll. The Conservatives, on the other hand, remain unchanged at 18%. These figures indicate that the Conservative Party may…
London: Ahead of the general election on 4th July, the Labour Party has pledged to establish over 100,000 childcare centres and more than 3,000 nurseries for children nine months and older if they come to power. This move aims to provide relief for working parents in the UK and has quickly become a key promise in Labour’s campaign. Labour plans to improve nursery standards and convert existing primary school classrooms into ‘school-based nurseries’, with an estimated cost of £40,000 per classroom. The funds will be sourced from VAT collected from private schools. Additionally, 3,334 new high-quality nurseries will be created…
New Delhi: In the world’s largest democracy, India, a new government began yesterday with the swearing-in of 72 newly elected members. This is the third consecutive time that Narendra Modi has become the Prime Minister of India. In the past two terms, Modi’s party, the Bharatiya Janata Party (BJP), came to power by securing significantly more than the required 272 seats (2014/282 seats, 2019/303 seats) to govern India. This dominance allowed Narendra Modi’s administration to proceed without considering other political parties within the BJP-led coalition, the National Democratic Alliance (NDA). However, this approach has negatively impacted India’s standings on various…
California: According to analysts from Piper Sandler, Donald Trump is currently a “slight favorite” in the upcoming 2024 US presidential election. Despite a narrow lead in national polls and key Midwestern states like Michigan, Pennsylvania, and Wisconsin, the race remains tight. Piper Sandler analysts noted, “The odds of a comfortable Biden victory (and a Democratic Senate, which was always a reach) have declined.” They added that the party winning the White House is likely to control the House of Representatives as well. The 2024 election is expected to have a significant impact on financial markets. Both candidates present various risks,…
Washington: Many of the world’s poor are farmers, and climate change has made farming increasingly difficult due to drought and soaring heat. The World Bank emphasized the need for climate-resilient irrigation to help feed the planet, strengthen livelihoods, grow economies, reduce greenhouse gas emissions, and build resilience to climate shocks. Farmers like Ami Ndiaye from Senegal and Ercan Akın from Türkiye have seen their lives transformed through improved access to water. Ndiaye can now cultivate year-round, and Akın has increased crop yields and prosperity. Climate-resilient irrigation helps mitigate water stress, increase agricultural productivity, enable crop diversification, and lower food prices,…
Rome: The FAO Food Price Index, a global benchmark for food commodity prices, rose for the third consecutive month in May, driven by higher prices for cereals and dairy products, according to a report by the Food and Agriculture Organization of the United Nations (FAO) on Friday. This increase outweighed declines in sugar and vegetable oil prices. In May, the FAO Food Price Index averaged 120.4 points, reflecting a 0.9 percent increase from April’s revised level. Despite this rise, the index was still 3.4 percent lower than a year ago and 24.9 percent below its peak in March 2022. Cereal…
London: The state of UK politics is more perilous now than in 2016 when MP Jo Cox was murdered, warns Jo Cox’s sister, Kim Leadbeater. The Labour MP, who now represents Cox’s former seat, Batley and Spen, expressed concerns over increasing threats to politicians’ safety and the detrimental impact on their mental health, indicating that UK democracy is in a “dangerous” place. Speaking on BBC Radio 4’s program Broken Politicians, Broken Politics, Leadbeater highlighted the worsening political environment, citing increased division and anger. “Politics was in a pretty bad place at that time [2016]. There was a lot of division.…
Jakarta: A dramatic eruption of Mount Ibu on the remote Indonesian island of Halmahera has led to the evacuation of residents from seven nearby villages, according to authorities on Sunday. Abdul Muhari, a representative of the disaster mitigation agency, stated that a joint team of police, military, and search and rescue officials was dispatched to evacuate residents from the affected areas. The eruption, which occurred on Saturday evening, sent a towering ash cloud 4 kilometers (2.5 miles) into the sky, accompanied by striking purple lightning around the crater. These details, along with images, were provided by Indonesia’s volcanology agency. Photos…
London: The Campaigners and lawyers warn of a potential repeat of the Windrush scandal as the UK government imposes a “cliff edge” deadline for immigrants to switch to new digital visas. By the end of the year, over 500,000 non-EU immigrants with leave to remain in the UK must replace their physical biometric residence permits (BRPs) with digital e-visas. BRPs currently prove their right to reside, rent, work, and claim benefits. To access their e-visa, immigrants need to open a UK Visas and Immigration (UKVI) digital account. The Home Office has invited a trial group of BRP holders to open…