https://www.reuters.com/world/asia-pacific/exclusive-sri-lanka-seeks-additional-1-billion-credit-line-india-sources-2022-03-28/ Sri Lanka is in a critical financial crisis currently because of a 70% drop of foreign exchange reserves. Fuel prices have skyrocketed, food prices are through the roof and the country is protesting. In reaction to this Sri Lanka has pleaded to India for an additional 1.5 billion dollar credit line. A previous 1 billion dollar credit line was… Read more »
https://www.reuters.com/world/india/india-conducts-antitrust-raids-tyre-companies-ceat-apollo-continental-sources-2022-03-30/ India’s government has conducted antitrust raids on the largest tyre companies in their country. When the raiding of the companies took place they found that they were all raising prices together to create a monopolized market so that they could make more profit selling tyres. One of the sources said that these companies had unfair trade practices and rigging… Read more »
https://www.reuters.com/world/india/india-stands-by-trade-with-russia-lavrov-set-visit-2022-03-29/ With the war between Ukraine and Russia raging on India seems to be tagging on to Russia, at least when it comes to trade. The Russian Foreign minister is set to visit India this week, in relation to trade between the two countries. This is the first time Russia has visited another country since the beginning of the war…. Read more »
https://www.reuters.com/world/india/india-signs-deals-export-500000-t-wheat-global-prices-surge-2022-03-09/ With the surge that is currently happening between Ukraine and Russia the prices of hundreds of products have reached an all time high. One of these products in question is wheat. Europe has seen an all time low supply of wheat since the past decade and prices have risen to an all time high. But, on the other hand,… Read more »
https://economictimes.indiatimes.com/news/economy/policy/ukraine-crisis-could-disrupt-indias-spending-plans-economic-recovery/articleshow/90076181.cms India ranks as one of the countries most affected by the Russian-Ukrainian crisis. India’s oil reserve is 85% imported from other countries, so it comes at no surprise that the devastating plummet of supply that the Russia-Ukrainian crisis has caused has affected India very much. Even with government aid, the price per gallon in India is at a decade… Read more »
https://timesofindia.indiatimes.com/india/india-china-militaries-to-hold-15th-round-of-border-talks-on-march-11/articleshow/90083007.cms India and China continue their long lasting dispute about the borders of the north-east part of India. For over eighty years the two countries have been having disputes over these borders, but it seems things are finally starting to look up. An Indian official says that, “Both sides are now trying to focus on achieving resolution of the balance… Read more »
https://apnews.com/article/afghanistan-business-economy-kabul-taliban-b6b53ad7340d4b372be1dce6c15cd0fa#:~:text=KABUL%2C%20Afghanistan%20(AP)%20%E2%80%94,economy%20is%20barreling%20toward%20collapse. Afghanistan is continuing to become entrenched deeper and deeper into a worse situation. Afghanistan “feels safer, less violent than it has in decades, but the once aid-fueled economy is barreling toward collapse.” The extremist Taliban group that onced devastated Afghanistan as a country comes back after the removal of troops by the United States and it is starting to… Read more »
https://www.washingtonpost.com/world/2022/02/10/india-2022-state-elections-uttar-pradesh/ The five divisionaries in India will soon begin voting for the 2022 election. This high-stakes election that experts say is “likely to determine the political direction of the world’s largest democracy.” There are 180 million voters of India’s astounding 1.38 billion population who are set to vote for this extremely important election. The two parties are the BJP which… Read more »
https://www.voanews.com/a/the-implications-of-deepening-economic-ties-between-pakistan-china-/6443711.html Pakistan and China have overgone multiple financial agreements signaling their newly created political alignment. The presidents of both countries Xi Jinping and Imran Khan met during the Winter Olympic games which is believed to symbolize Pakistan’s support for China in the United States boycott of the Olympics. “I think Imran Khan’s visit really shows support, Pakistan’s support, for China… Read more »
