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Colombia formally joined China’s Belt and Road Initiative

Colombia formally joined China’s Belt and Road Initiative: Colombia formally joined China’s Belt and Road Initiative (BRI) during a high-level meeting of Latin American leaders in Beijing. Colombia is known as the “Gateway of South America”, strategically located in the northwest, connecting South America with Central and North America. It shares land boundaries with Venezuela, […]

Extended Fund Facility (EFF)

Extended Fund Facility (EFF): The IMF Executive Board approved an immediate disbursement of $1 billion to Pakistan under the Extended Fund Facility (EFF).EFF is an IMF lending mechanism designed to help countries facing prolonged balance of payments problems due to deep structural economic weaknesses.Governed by: International Monetary Fund (IMF), part of Bretton Woods institutions. Loan […]

Bhutan Becomes First Country to Integrate Crypto Payments in Tourism

Bhutan Becomes First Country to Integrate Crypto Payments in Tourism: The Royal Government of Bhutan has taken a major step toward digital innovation in tourism by launching a cryptocurrency-based payment system through a strategic partnership with Binance Pay and DK Bank. This move makes Bhutan the first sovereign country to officially integrate crypto payments into […]

Taliban Suspends Chess in Afghanistan Over Sharia Law Concerns

Taliban Suspends Chess in Afghanistan Over Sharia Law Concerns: The Taliban regime in Afghanistan has officially suspended the sport of chess, citing concerns over its compatibility with Islamic law. The move, announced on May 12, 2025, reflects the Taliban’s ongoing imposition of stricter regulations on recreational and cultural activities since regaining power in August 2021. […]

Indo-Pacific Logistics Network

Indo-Pacific Logistics Network: Quad partners recently convened at the Asia-Pacific Center for Security Studies in Honolulu, Hawaii, for a Tabletop Exercise, a simulation to launch the Quad Indo-Pacific Logistics Network IPLN. The Quad Indo-Pacific Logistics Network pilot project was launched during the fourth Quad Leaders’ Summit in September 2024. IPLN is an initiative that enables […]

Organization of Islamic Cooperation : raised concerns over the tense situation between India and Pakistan

Organization of Islamic Cooperation : raised concerns over the tense situation between India and Pakistan In its recent statement, the Organization of Islamic Cooperation (OIC) raised concerns over the tense situation between India and Pakistan and called for restraint and dialogue.Organization of Islamic Cooperation (OIC) is the second largest intergovernmental organisation after the United Nations, […]