Brussels, June 9 (IANS) The European Commission has proposed the 21st package of sanctions against Russia, targeting key sectors including energy, financial services and crypto, trade and, for the first time, fisheries, European Commission President Ursula von der Leyen said Tuesday.According to a statement released by the Commission, the proposed measures include suspending the automatic adjustment mechanism of the oil price cap until next January, which would allow oil markets to stabilise whi…
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Washington, May 30 (IANS) The recent visit of US Secretary of State, Marco Rubio, to India followed a challenging phase in India-US ties marked by tariff tensions, renewed American engagement with Pakistan, ambiguity over Washington’s China policy and concerns regarding the Quad’s waning political urgency.While Rubio’s India visit concluded with the language of momentum, the subtext was repair. Officially, Washington and New Delhi projected the trip around the Quad – the four-nation grouping…
New Delhi, Feb 11 (IANS) Pakistan’s plan to embrace a dollar‑linked stablecoin through a partnership with US crypto firm World Liberty Financial could accelerate the country’s dollarisation and undermine its macroeconomic stability, a new report has said.The report in the Daily Mirror said that a dollar-pegged stablecoin embeds a preference for the dollar as store of value and medium of exchange encouraging households to hold it as a state-tolerated alternative and move away from Pakistani r…