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Why are European companies moving out of China?

Confidence is falling in the world’s largest consumer market as European companies are moving apart from their operations in China. A recent survey by European Chamber of Commerce in China states that the supply chain concerns and other disruptions in China due to the tight COVID-19 lockdown measures have pushed around 23 percent of European

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Economic & Finance

China praises Bangladesh for building of 6.15 km long multipurpose Padma Bridge

China’s envoy to Bangladesh has applauded Prime Minister Sheikh Hasina’s leadership for building Padma bridge with the country’s own finance and described the Awami League-led government’s achievements in Bangladesh during the last decade as “extraordinary. Li Jiming, the Chinese ambassador in Dhaka, has lauded Prime Minister Shekh Hasina’s decision to proceed with the Padma Bridge

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Economic & Finance Energy Energy & Environment Oil & Gas Politics World Affairs

Russian Fuel Supply Cuts Worried European Countries

Amidst these chaotic times, Russia has increased pressure on many European economies by reducing the natural gas supplies further, raising fears of a fuel shortfall this winter. European officials describe these Russian fuel supply cuts as an attempt to retaliate against Western countries for backing Ukraine. On Friday, Russia decreased the natural gas deliveries to

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Economic & Finance Food & Drinks Foods & Agricultural Politics World Affairs

UAE bans Wheat export from India: Report

The United Arab Emirates (UAE) has announced a four-month ban of wheat and wheat products export and re-export from India, the world’s second largest producer of the grain. UAE’s ministry of economy cited disruptions in global trade flows as the reason for the decision. “The ban applies to all wheat varieties namely hard, ordinary and

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Economic & Finance Energy Energy & Environment Oil & Gas Politics World Affairs

Fuel prices to remain high till 2023, says report

A report published by Wood Mackenzie states that consumers can expect fuel prices to stay high until next year due to disruptions in Russian oil supplies and refineries struggling to satisfy demand after the pandemic. It also says that the pressure could ease in the second half of 2023, when many new major refineries, particularly

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What is happening to the Bitcoin? Why it is crashing?

Few weeks ago, when I looked at my phone under the crisp spring sun, I was taken over by panic. The cryptocurrency market had crashed; all of my investments were down significantly. After few moments, I exhaled and said, “It’s a volatile market, it will recover soon.” But till day the slump in the market

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Economic & Finance Food & Drinks Foods & Agricultural Politics World Affairs

Bangladesh aid potatoes to Sri Lanka amid ongoing food crisis

Sri Lanka’s prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and promises to buy enough fertiliser for the next planting season to boost harvests. Sri Lanka is appealing for food assistance from its neighbours as the country’s debt crisis spirals into a humanitarian emergency. The government

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Economic & Finance

Top 10 Most Powerful Countries in the World

As the world enters a new millennium, it’s worth taking a look at which countries are the most powerful in the world. In this article, we’ll take a look at ten of the most powerful countries in the world, and why they’re standing out. List of Most Powerful Countries with their ranks:  United States GDP:

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Business Economic & Finance Politics World Affairs

Why Should South Asian Countries be thankful and grateful to India?

South Asian countries should be thankful and grateful to India for various reasons. India is a friend in need to all South Asian countries. Despite having some internal problems, India always tries to help others. Even, India set examples by assisting Pakistan at different times.  However, since the start of the Russia-Ukraine crisis, India’s ban

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Economic & Finance Politics World Affairs

Why Pakistan and Sri Lanka Must Follow ‘Bangladesh Model’?

Sri Lanka and Pakistan must follow ‘Bangladesh Economic Miracle’ model to avert their economic crisis. As Sri Lanka and to some extent, Pakistan is going through an economic recession, their South Asian neighbor ‘Bangladesh’ has confirmed as a South Asian Economic Miracle’. As Bangladesh marks its 51th independence anniversary this year, its tremendous economic growth

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