The Strategist
World & Politics

UN: At least 1.1 million people in Gaza are at risk of starvation - 03/19/2024

In the Gaza Strip, at least 1.1 million people are in danger of starvation because they have run out of food, said UN Secretary General António Guterres in a New York discussion with the media regarding the Gaza conflict. Experts on food insecurity, according to Mr. Guterres, believe that famine in northern Gaza is unavoidable. "A devastating famine is imminent as over 1.1 million Palestinians,...

Putin wins Russian presidential election in Crimea - 03/18/2024

Putin wins the presidential election in Crimea after completing all protocol. After all procedures are completed, Vladimir Putin receives 93.60 percent of the vote to win the Crimean election, according to the election commission of the region's press office. The election results show that Putin received 76.69 percent in 2018, 63.6 percent in 2012, 71.31 percent in 2004, and 52.9 percent in...

China condemns US bill to ban TikTok - 03/15/2024

The Global Times writes that China's Foreign Ministry has denounced a US law that would result in the TikTok app being banned in the nation, claiming it is unjust to use national security concerns as an excuse. The US bill that compel TikTok's owners to change reveals their 'gangster' strategies, which entail plundering the successful, China believes. Chinese Foreign Ministry spokesman Wang...

IMF plans to choose new head by the end of April - 03/14/2024

The International Monetary Fund (IMF) declared the start of the application process for the position of managing director. Candidates may be nominated by members of the Fund's Executive Board or Board of Governors, per the rules. Applications will be accepted starting on March 14 and ending on April 3; the procedure will be kept confidential.  Following the applications review, a...

Developed countries double their public debt in 15 years - 03/13/2024

The Organisation for Economic Co-operation and Development (OECD) forecast that by the end of 2023, the combined debt of OECD member countries stood at $54 trillion, an increase of $30 trillion from just 15 years back, in 2008. The researchers expect that the amount will increase even further in 2024, reaching $56 trillion. Over half of the debt (around $30 trillion) is owed by the US. China and...

NASA funding cut by 8.5% in 2024 - 03/12/2024

According to NASA's director Bill Nelson, the US Congress approved an 8.5% reduction in the agency's current year budget on Monday. Speaking at a presentation on the agency's development possibilities under the new budget, he said that NASA will receive money in the amount of $24.9 billion instead of the requested $27.2 billion. The cuts affected planetary research projects, which include those...

Communication cables between Europe, Asia and Africa are cut in the Red Sea - 03/06/2024

Four of the twelve and a half submarine communications cables that link Europe, Asia, and Africa were severed I the Red Sea, according to Hong Kong-based HGC Global Communications Limited. The links under question, which according to HGC account for 25% of traffic in the region, are Asia-Africa-Europe 1 (AAE-1), Europe India Gateway, Seacom, and TGN. The impacted routes are crucial for data...

Fitch affirms the United States’ rating at AA + - 03/05/2024

Fitch confirmed the United States' foreign currency issuer default ratings of "AA+" for both the short and long term. The agency released a press release stating that the prognosis is "stable". "F1+" short-term ratings were confirmed. According to estimates by Fitch experts, the state budget deficit in 2023 will be 8.8% of GDP, a substantial increase from the previous year's 3.7% deficit at...

Nigeria demands $10B in compensation from Binance - 03/04/2024

Nigeria has demanded that cryptocurrency exchange Binance pay $10 billion in damages in relation to the manipulation of the value of the naira (NGN), reports the BBC citing the Nigerian government. The government claims that Binance's speculative activities with the naira affected the rise of foreign currencies in Nigeria, resulting in an almost 70% decline in the value of the national currency...

India's October-December GDP growth accelerates to 6-quarter high - 03/01/2024

India's statistics ministry released a study stating that the country's GDP increased by 8.4% year over year during the third fiscal quarter (October–December). The rate of growth surged to a peak after six quarters. Revisions to the figures indicate that the GDP grew by 8.1% during the second fiscal quarter. The average projection among experts surveyed by Trading Economics was a 6.6% increase...
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