Turkey recorded a budget shortfall of 261.5 billion lira (approximately $6.87 billion) in March, according to a statement released by the Treasury and Finance Ministry on Tuesday. The ministry also …
U.S.’ inability to replace rare earths supply from China poses a threat to its defense, warns CSIS
As China imposes export controls on rare earth elements, the U.S. would be unable to fill a potential shortfall, according to the Center for Strategic and International Studies — and this could …
India’s ICICI Lombard posts surprise profit drop on surge in claims, accounting change
India’s ICICI Lombard General Insurance reported a surprise drop in fourth-quarter profit on Tuesday, hurt by a jump in claims paid.
Sir Jackie Stewart Laps Bahrain in His 1973 Tyrrell, But His Helmet Steals the Show
Formula 1 legend Sir Jackie Stewart drove the Tyrell 006 race car he drove in 1973 to his third F1 driver’s championship. He wore a helmet signed by every living F1 world champ, which will be …
Qatar and Egypt agree to work towards package of $7.5 billion in direct Qatari investment
Qatar and Egypt agreed to work towards a package of $7.5 billion in direct Qatari investments, according to a joint statement released by the Egyptian president’s office on Monday. Egypt is pushing …
Armenia calls on Azerbaijan to investigate ceasefire violations on border
Armenia called on Azerbaijan on Tuesday to investigate ceasefire violations along the two countries’ frontier, as a surge of reported incidents of cross-border gunfire raises the prospect of renewed …
Aus-British miner’s plight in Mongolia has ‘chilling effect’ on investment
One man’s plight in Mongolia is having a “chilling effect” on foreign capital inflow, according to his advocates, which comes in stark contrast to the warm and welcoming message the young and emerging …
Armenia to improve ‘financial hygiene’ with uniform crypto rules, let banks offer Bitcoin services
The government of Armenia is taking steps to adopt consistent regulations for the Caucasian nation’s crypto market and is currently considering the necessary …
Kuwaiti Official Affirms Keenness On Improving Investment Climate
Kuwait’s Undersecretary of Finance Aseel Al-Munaifi, reaffirmed on Monday the ongoing efforts to improve the economic envi …
In Armenia, untying of “Gordian knot” of robbery began in 2019, $4.2 billion returned to the budget – Prime Minister
The process of creating a system to untangle the “Gordian knot” of robbery in Armenia began in 2019, Prime Minister Nikol Pashinyan stated.