India increases spending in final pre-election budget

India increases spending in final pre-election budget

NEW DELHI, Feb. 1 (Reuters) – The Indian government on Wednesday announced a budget of $550 billion for the next fiscal year starting April 1, setting out a plan for record investment while limiting the budget deficit. Prime Minister Narendra Modi’s party, which faces elections in key states this year and a national election in … Read more

Suspects arrested after explosion at Pakistani mosque, police focus on how bomber entered

Suspects arrested after explosion at Pakistani mosque, police focus on how bomber entered

PESHAWAR, Pakistan, Feb. 1 (Reuters) – Police investigating a suicide bombing that killed more than 100 people at a Pakistani mosque said on Tuesday that several people had been arrested and they could not rule out the possibility that the terrorist internal aid had evaded security checks. The bombing was the deadliest in a decade, … Read more

Adani loses Asia’s richest crown as the price drop deepens to $84 billion

Adani loses Asia’s richest crown as the price drop deepens to  billion

BENGALURU, Feb. 1 (Reuters) – Shares in Indian magnate Gautam Adani’s conglomerate plunged again on Wednesday as defeat in his companies deepened to $84 billion in the wake of a US short-seller report, which also saw the billionaire lose his title. as Asia’s richest lost person. Wednesday’s stock losses dropped Adani to 15th on the … Read more

Brazil’s Lula takes the support of Germany’s Scholz by the neck over Ukraine’s support

Brazil’s Lula takes the support of Germany’s Scholz by the neck over Ukraine’s support

BRASILIA, Jan. 30 (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Monday Moscow made a mistake in invading Ukraine, but speaking to German Chancellor Olaf Scholz, he refrained from condemning the Russian attack . It was the third time during his South American tour that Scholz failed to receive strong support for … Read more

Turkey’s advance in Iraq brings with it a deeper conflict

Turkey’s advance in Iraq brings with it a deeper conflict

SARARO, Iraq, Jan. 31. (Reuters) – Three Turkish military outposts, towering over the abandoned village of Sararo in northern Iraq, pierce the skyline, part of a raid that forced residents to flee after days of shelling last year. The outposts are just a few of dozens of new military bases Turkey has established on Iraqi … Read more

Scholz’s bid to rally Ukraine’s support in South America fails

Scholz’s bid to rally Ukraine’s support in South America fails

SANTIAGO/BRASILIA, Jan. 30 (Reuters) – German Chancellor Olaf Scholz’s bid this week to rally support for Ukraine in the face of the Russian invasion on his first South American tour fell through, with Brazilian President Luiz Inacio Lula da Silva reiterated his view of both sides shared guilt. Scholz has attempted to project unity in … Read more

Adani’s crucial share sale 85% subscribed as institutions pumped funds

Adani’s crucial share sale 85% subscribed as institutions pumped funds

MUMBAI, Jan. 31 (Reuters) – Indian billionaire Gautam Adani’s $2.5 billion share sale moved closer to full subscription on Tuesday as investors pumped in cash after a tumultuous week for his group in which the shares were ravaged by a destructive short-seller -report. The secondary share sale of flagship Adani Enterprises (ADEL.NS) was 85% underwritten … Read more

Western allies disagree on jets for Ukraine as Russia claims gains

Western allies disagree on jets for Ukraine as Russia claims gains

Biden says ‘no’ when asked about F-16s for Ukraine Zelensky says Moscow is seeking “big revenge.” Russian administrator claims foothold in Vuhledar Kiev could recapture ground if western weapons arrive – group KYIV, Jan. 31 (Reuters) – Ukraine’s defense minister will meet President Emmanuel Macron in Paris on Tuesday amid a debate among Kyiv’s allies … Read more

US stops granting export licenses to China’s Huawei – sources

US stops granting export licenses to China’s Huawei – sources

Jan 30 (Reuters) – The Biden administration has stopped approving licenses for US companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions around items for 5G and other technologies for several years, but U.S. Department of Commerce officials have issued licenses to … Read more

In a diplomatic coup, the Taiwanese president addresses the elected Czech president

In a diplomatic coup, the Taiwanese president addresses the elected Czech president

Pavel won the Czech presidential election on Saturday Pavel, the Taiwanese Tsai emphasize their shared values ​​in conversation China opposes other countries doing business with Taiwan Beijing considers Taiwan a renegade province TAIPEI/PRAGUE, Jan. 30 (Reuters) – Taiwanese President Tsai Ing-wen held a phone call with Czech President-elect Petr Pavel on Monday, a highly unusual … Read more