Only 6 years after having locations in Kazakhstan, McDonalds is leaving the country because of supply chain issues because of the Russia-Ukraine war. This pulling out was announced by the corporation on January 5th. McDonalds had already pulled out of Russia since the start of the war. The only country that was supplying Kazakhstan with beef was Russia, and with… Read more »
When Sri Lanka had an economic crisis in 2022, India had helped out by giving credit lines throughout 2022, that helped with fuel imports and other assistance. The economic crisis happened because of a small amount of federal exchange reserves. Recently, the new President of Sri Lanka had been working to get a $2.9 billion loan from the IMF (International… Read more »
https://www.theguardian.com/global-development/2023/jan/10/pakistan-sends-back-hundreds-of-afghan-refugees-to-face-taliban-repression In 2021, the Taliban regained control of the Afghan government. Since then, around 250,000 Afghans have fled to Pakistan. Pakistan has begun detaining and arresting refugees, and on Saturday, they deported 302 people back to Afghanistan. Under Taliban control, Afghanistan is increasingly dangerous for women and girls. Pakistan has not adopted the UN’s Refugee Convention 1951, a piece of… Read more »
https://www.reuters.com/world/germany-says-it-wants-increase-pressure-iran-after-latest-executions-2023-01-09/ Following the killing of Mahsa Amini in September, women’s rights protests have sprung up in Iran. While the protests have gathered millions nationwide, the Iranian regime is fighting back, not hesitating to execute protestors. Two men were hanged for allegedly killing one of the security forces, which brings the execution toll of the protests up to 4 (504 people… Read more »
Link to Article Since 1992, both India and Pakistan have exchanged documents containing information regarding nuclear installations of each country annually on Jan. 1. Through history, the states have had three wars and had a history of military mishaps, therefore the exchange of information is used to keep both states informed of their counterparts’ updated locations of facilities. The documents entail… Read more »
Link to Article Afghanistan signed its first foreign investment deal since being under its new assumed Taliban administration in 2021. The deal was signed with a Chinese company, and involved the extraction of oil from a basin in Afghanistan as well as developing an oil reserve in the northern province of the country. A ceremony was held in Kabul, Afghanistan… Read more »
Link: https://www.reuters.com/business/aerospace-defense/turkeys-baykar-launches-new-jet-powered-drone-aiming-air-to-air-combat-2022-12-15/ Turkish defense firm Baykar said its first jet-powered unmanned aerial combat vehicle (UCAV) completed its maiden flight on Wednesday. The company has recently gained global popularity due to them helping the Ukrainian army. Bakyar rose up to the spotlight for becoming a major exporter and manufacturer after their popular Bayraktar TB2 drone was featured prominently in global conflicts…. Read more »
Link to the article: https://www.reuters.com/world/middle-east/syria-opposition-uneasy-after-turkish-syrian-defence-ministers-meet-2023-01-04/ Syrian opposition groups were left uneasy after Ankara and Damascus governments discuss at high levels since the start of the Syrian war in 2011. Turkey reassures their support for the groups by continuously providing a base and fighting alongside armed rebels against President Bashar al-Assad’s troops. On December 28th Turkish and Syrian defense ministers met… Read more »
Link to article: https://www.reuters.com/markets/deals/s-oil-plans-invest-52-bln-south-korea-factory-2022-11-16/ Saudi Aramco plans to invest $7 billion in a project for the production of petrochemicals from crude oil at their South Korean affiliate S-Oil Corp’s refining complex in the port city of Ulsan. The project under the name of, Shaheen, is the company’s first commercial use of Aramco and Lummus technology to produce chemicals from crude as… Read more »