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Pakistan economy in danger of collapsing due to loan defaults
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…
OPEC fund loans $120 million to Panama to tackle climate change
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…
Ship carrying 22 sinks off Jeju, 14 rescued, 9 unconscious
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.,…
Transport halted across Japan by heavy snow, deep cold
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.…
Pakistan suffers major power outage following failure of the grid
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…
Rapid and concrete EU expansion is sought by Germany and France
German Chancellor Olaf Scholz and French President Emmanuel Macron emphasized that they wanted to see rapid and concrete progress in the EU enlargement process. This was in a guest article for the German broadsheet Frankfurter Allgemeine…
Lebanon loses voting rights in the 193-member UN General Assembly
Lebanon has been stripped of its UN General Assembly voting rights, according to its state-owned National News Agency (NNA). In a letter on Thursday, UN Secretary General Antonio Guterres said Lebanon, Venezuela, South Sudan, Gabon,…
GCC, Egypt and Jordan leaders meet with Sheikh Mohamed
President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday held a fraternal consultative meeting with leaders of a number of brotherly countries. His Highness Sheikh Mohamed held the meeting with Sultan Haitham bin Tariq of…
One dead, eight missing after a tanker explodes in Thailand
The Mae Klong river dockyard in Muang district, in Thailand was damaged by an oil tanker explosion Tuesday morning, leaving eight workers missing. Police were notified of the explosion aboard the tanker Smooth Sea 22 at approximately 9:17…
Nepal resort town plane crash leaves 68 dead and 4 missing
At least 68 of the 72 people aboard the plane died when it crashed into a gorge while trying to land at a newly opened airport in Nepal on Sunday. Witnesses reported hearing cries for help from within the fiery wreckage, the country's…