Latest Group of Seven News & Updates

Kyiv, April 16 (IANS) Ukraine has started receiving drones from the biggest ever drone package announced by Britain, the Ukrainian Defence Ministry said.”We are grateful to the UK for the largest ever batch of drones for Ukraine… They have already begun arriving and are strengthening our front line,” the ministry said in a statement on Telegram on Wednesday (local time).This year, Ukraine is expecting to get a total of 120,000 drones as part of the package, including strike, reconnaissance, lo…

Seoul, March 17 (IANS) South Korean Foreign Minister Cho Hyun sidestepped questions Tuesday on whether the United States had formally asked South Korea to deploy warships to the Middle East as Seoul faces pressure after US President Donald Trump urged allies to send naval vessels to protect the Strait of Hormuz. Cho gave vague answers during a parliamentary session when asked by lawmakers if the government had received any formal or informal request from Washington about sending troops to the re…

Washington, March 9 (IANS) Wall Street is likely to start the second week of March in the red on Monday (US time). The Dow Jones futures — an early indicator of the US stock markets — traded lower after crude oil prices climbed above $110 per barrel.S&P 500 futures were down about 1 per cent, while Nasdaq 100 futures slipped around 1.1 per cent, reflecting persistent risk aversion in global markets.Dow Jones Futures were trading at 46,964.86, down 536.69 points or 1.13 per cent ahead of Wa…

New Delhi, March 9 (IANS) Finance ministers from the Group of Seven (G7) will discuss a possible coordinated release of emergency petroleum reserves during a call on Monday as oil prices surge following the conflict in the Gulf, a report has said.The ministers are expected to hold the emergency discussion at 8:30 am New York time (around 7 pm local time) alongside Fatih Birol, executive director of the International Energy Agency (IEA), according to people familiar with the matter, the Financial…

Tehran, Jan 18 (IANS) Iran’s Supreme Leader Ali Khamenei said that the country had defeated the United States and Israel “once again” and had “extinguished the sedition” he described as being incited by Washington and Tel Aviv.Speaking during an address marking a religious holiday on Saturday, Khamenei accused the United States of planning the unrest with the aim of “swallowing up Iran.”He described US President Donald Trump as a “criminal” responsible for the killings and destruction in the rec…