January 2023

Australian Minister for Climate Change and Energy Chris Bowen announced Friday that Australia and Germany have committed A$50 million ($35.5 million) and 50 million euros ($54.4 million), respectively, in support of a joint initiative to…

There is a grave economic crisis facing Pakistan, with a possible loan default looming in the future and the IMF prepared to provide financial assistance under tough monetary conditions. There is fierce political rivalry between former…

UN economists warned that intersecting crises will further damage the global economy, causing growth to slow from three percent in 2022 to 1.9 percent this year. Apart from the 2007-8 financial crisis and the height of the COVID-19…

Abdel Fattah El-Sisi, president of Egypt, met Prime Minister Narendra Modi today in New Delhi. During this visit, India and Egypt exchanged MoUs on cyber security, culture, information technology, youth affairs and broadcasting. After the…

To support Panama's climate action, adaptation, resilience, and mitigation policies, the OPEC Fund is providing a $120 million loan. "Panama Support Programme for the National Climate Change Policy" aims to mitigate, contain, and reverse…

The Coast Guard reported that a Hong Kong-registered cargo ship carrying 22 crew members sank off the southern island of Jeju on Wednesday. Fourteen crew members were rescued, while a search is underway for the others. At 3:07 a.m.,…

As a result of the heavy snowfall that blanketed much of Japan on Wednesday, traffic was snarled, hundreds of flights were cancelled, and train travel was disrupted. A person has been confirmed dead as a result of the heavy snowfall.…

In 2022, Thailand received 11.15 million foreign visitors, an increase from 428,000 the previous year when pandemic-related travel restrictions were in effect. The figures reflect a solid turnaround as Thailand seeks to revive its tourism…

In an effort to prepare for a possible recession, music streaming company Spotify Technology announced on Monday that it is planning to lay off 6% of its employees. This is approximately 600 jobs, adding to the glut of layoffs in the…

A "major breakdown" of the national grid caused nationwide power outages in Pakistan on Monday morning, affecting factories, hospitals, and schools. A voltage fluctuation in the grid between Jamshoro and Dadu in southern Sindh province…