India 'Fairly' Confident Of Cutting Fiscal Deficit To 4.5% Of GDP In 3 Years -official
On Wednesday, the government in its 2023/24 budget set a fiscal deficit target of 5.9% of gross domestic product for the coming financial year, down from the current year's target of 6.4% of GDP. India's fiscal year starts on April 1.
Spain To Recruit Moroccan Truck Drivers To Fill Labour Shortages
Major Western economies, including Spain, have suffered from such shortages in the last two years, leading to supply problems and bottlenecks.
Ukraine's Zelenskiy Calls For More EU Sanctions On Russia
Since Moscow invaded Ukraine a year ago this month, the EU has slapped unprecedented sanctions targeting Russia's defence and financial sectors.
US Congress Says F-16 Sale To Turkey Depends On NATO Approval
Sweden and Finland applied last year to join the trans-Atlantic defense pact after Russia invaded Ukraine, but faced unexpected objections from Turkey and have since sought to win its support.
Some UN Afghan Aid Delivered By Men Only, Donors Voice Alarm
"There are still activities that are ongoing where men-only (are), for example, delivering food, but it can't work," Griffiths said on Monday after he visited Afghanistan last week.
Turkey Summons Nine Western Ambassadors Over Security Alerts
The envoys of Belgium, France, Germany, Italy, the Netherlands, Switzerland, and Britain were also summoned, according to foreign ministry sources in Ankara.
Israel Jail Crackdown Sets Up Showdown With Palestinian Prisoners
On Thursday, a state of heightened alert with reinforced staffing levels was imposed, a spokesperson for the prison service said.
EU-Ukraine Wartime Summit To Deliver On Some Issues, Disappoint On Others
The head of the group's executive commission, Ursula von der Leyen, arrived in Kyiv by train on Thursday, a symbolic journey to demonstrate support for Ukraine.
Asian Stocks Pull Back, Dollar Regains Footing Ahead Of U.S. Payrolls Data
Overnight, markets sensed the end of the massive global tightening cycle, after policymakers in Britain and Europe signalled their intention to pause, sending local bonds rallying and currencies lower.
Strong India Services Growth Dipped Slightly In January
The South Asian nation's economy is expected to grow 6.0% to 6.8% next fiscal year, the government said this week, slower than the 7.0% growth projected for the current year amid faltering global demand.
Oil Heads For Weekly Loss Awaiting China Recovery Signs
So far this week, Brent has dropped by 4.8%, extending a 1.1% loss from the previous week. WTI has fallen by 4.5% after sliding 2% in the prior week.
South Korea Jan Inflation Ticks Up, Leaves Policy Outlook Steady
The consumer price index was 5.2% higher in January than in the same month a year before, rising faster than the 5.0% rate seen in December, Statistics Korea data showed on Thursday.
Spain, Morocco Forge Economic Ties As Western Sahara Policy Reversal Eases Tensions
Bilateral trade rose to 17 billion euros in 2022, making Spain Morocco's biggest trade partner.
Hundreds Of Afghans Risk 11-country Trek To Seek Haven In United States
It ends, after a perilous trek overland through Latin America across at least 11 countries, with scaling the border wall and jumping onto U.S. soil.
Chad To Open Embassy In Israel Five Years After Renewing Ties
Deby announced the plan on Wednesday as he began a visit to Israel. An Israeli official said the Muslim-majority African country's embassy would be in the Tel Aviv area.
Adani Abandons $2.5 Billion Share Sale In Big Setback To Indian Tycoon
Adani, whose global business interests span ports, airports, mining, cement and power, is battling to stabilise his companies and defend his reputation.
Oil Prices Rise After US Fed Hikes Rates, Weakening The Dollar
A weaker greenback makes U.S. dollar-priced oil less expensive for holders of other currencies, boosting demand.
Airbus And Qatar Airways Settle Bitter A350 Jet Row
The "amicable and mutually agreeable settlement" ends a $2 billion row over surface damage on the long-haul jets.
Russia Advances In East Ukraine, Strike On Apartments Kills Civilians
Bakhmut and 10 towns and villages around it came under Russian fire, the Ukrainian military said late on Wednesday. Bakhmut has suffered persistent Russian bombardment for months.
Analysis: Pakistan Moves Toward Deal-or-default Endgame
It desperately needs the International Monetary Fund to release an overdue tranche of $1.1 billion, leaving $1.4 billion remaining in a stalled bailout programme set to end in June.
India Factory Growth Slowed To 3-month Low In Jan, Hiring Near Pause
The Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell to 55.4 last month from 57.8 in December, well below the 57.4 predicted in a Reuters poll.
In West Bank, Blinken Presses For Two-state Solution
Blinken is urging calm on both sides after last week's killing by a Palestinian gunman of seven people outside a Jerusalem synagogue and anger among Palestinians over actions by Israeli forces and settlers in the occupied West Bank.
Cash Is King In Lebanon As Banks Atrophy
Cash is now king in Lebanon, where a three-year economic meltdown has led the country's once-lauded financial sector to atrophy.
Airbus And Qatar Edge Towards Agreement In A350 Dispute - Sources
After months of public feuding, there is no guarantee that an agreement can be reached after previous attempts to avoid a high-profile trial in London this year were abandoned.
Poland Aims To Get Training Time On Leopard Tanks Down To 5 Weeks
The village of Swietoszow in western Poland, near the German border, hosts one of just three Leopard training centres in Europe - the others are in Germany and Switzerland.
US Says Russia Violating New START Nuclear Arms Control Treaty
The two countries, which during the Cold War were constrained by a tangle of arms control agreements, still account together for about 90% of the world's nuclear warheads.
U.S. Readies $2 Billion-plus Ukraine Aid Package With Longer-range Weapons -sources
The United States is readying more than $2 billion worth of military aid for Ukraine that is expected to include longer-range rockets for the first time as well as other munitions and weapons, two U.S.
Russia Presses Ahead With Donetsk Campaign; Ukraine Wants Fighter Jets
Meanwhile, Ukrainian President Volodymyr Zelenskiy's government is lobbying hard for some of its neighbours and Western allies to supply fighter jets that it can use to repulse Russian advances.
Oil Rises As Slowing US Inflation Eases Recession Concerns
Both benchmarks were up for a second day, after gaining about 1% in the previous session.
Turkey's Push Into Iraq Risks Deeper Conflict
Turkey's advances across the increasingly depopulated border of Iraqi Kurdistan attract little global attention compared to its incursions into Syria or the battle against Islamic State.
