Leaders from the United States, Japan, India, and other countries attended introduction of the new Indo-Pacific Economic Framework (IPEF) in Tokyo. Foreign commerce, including digital resources, infrastructure for renewable energy and decarbonization, guaranteeing stable supply chains, and tax and anti-corruption measures are all part of the new structure. The United States, India, Japan,...

WHO will convene an emergency meeting of experts to discuss the outbreak of monkeypox. Cases of the infection have been recorded in at least 10 countries around the world. The World Health Organization (WHO) will convene an emergency expert group meeting to discuss an outbreak of monkeypox. This is reported by The Telegraph newspaper. According to the newspaper, the main topics of the meeting...

China is in talks with Russia to buy more oil to replenish its strategic reserves, Bloomberg sources said. Negotiations are conducted at the level of the governments, while oil companies are hardly participating in them. Beijing is in talks with Moscow to buy more oil in Russia, informed sources told Bloomberg. They specified that additional oil is needed to replenish China's strategic oil...

According to a new research by an international team of scientists, pollution causes 9 million deaths each year. A new study led by Richard Fuller, the head of a global non-profit organization Pure Earth, air pollution and toxic waste are responsible for the deaths of approximately 9 million people each year. Traditional pollutants like greenhouse gases and sewage emissions, according to...

The Japanese government has decided to give Ukraine an additional $300m loan for humanitarian needs. This was reported by the Japanese TV channel NHK. According to the channel, Prime Minister Fumio Kishida will officially announce the new aid package during US President Joe Biden's visit to Japan next week. On 17 May, Japanese authorities and the Ukrainian government signed an agreement on a...

The European Commission (EC) has revised its global macroeconomic projection to account for the impact of the Ukrainian war and Russian sanctions. Global economic growth is expected to decrease from 5.7 percent to 3.2 percent in 2022, according to the European Union's regulatory body, and from 4 percent to 2.7 percent - in eurozone countries. If all limitations stay in place, the EC forecasts a...

On Wednesday, the European Commission will present its suggestions to boost EU energy security in the face of sanctions against Russia, the EU's biggest energy supplier. According to a draft document obtained by European media, the European Commission would recommend that EU member states prepare for a "sudden and full halt" of Russian gas supply. Setting a cap on gas costs for consumers,...

Ursula von der Leyen, the European Commission's chief, announced launch of a digital partnership, the first of its type for the European Union, at a news conference following the Japan-EU summit. "We addressed how to broaden our cooperation at this summit, including substantial measures to create opportunity for our economies and populations. And what can assist us in encountering the issues that...

The US House of Representatives on Wednesday evening approved a bill aimed at easing Ukraine's debt burden in light of the ongoing conflict with Russia, the respective vote showed. The legislation, if passed, would oblige US representatives at various international organisations to seek an immediate suspension of Ukraine's debt service payments and to provide financial assistance to Kiev on...