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G20 ‘Troika’: India Joined

G20 ‘Troika’: India joined the G20 ‘Troika’ and with this India has started the procedure for taking over the G20 presidency next year. ‘Troika’ refers to the top grouping within the G20 that consists of the current, previous and the incoming presidencies — Indonesia, Italy and India. As a Troika member, India will work closely […]

Global Gateway Plan: EU

Global Gateway Plan: EU The European Commission has announced a plan, called Global Gateway, to mobilise EURO 300 billion by 2027 in public and private infrastructure investment around the world. Although the plan doesn’t mention China, it is seen as a response to China’s Belt and Road strategy. About Global Gateway Plan: Developmental Dimensions: With […]

Omicron Cryptocurrency Price Surge

Cryptocurrency: A relatively lesser known cryptocurrency token named after the Greek letter Omicron saw its price surge more than 10 times in a matter of two days outperforming top digital currencies like Bitcoin and Ethereum, soon after the World Health Organization (WHO) named the latest Covid-19 variant of concern Omicron. From Friday to Monday morning, […]

Barbados: World’s Newest Republic

Barbados: Nearly 400 years after the country became a British colony, Barbados has become the world’s newest republic. The Caribbean island nation removed Queen Elizabeth II as the head of the state in a ceremony attended by Prince Charles. Barbados, however, will continue to be one of the 54 Commonwealth nations. Dame Sandra Prunella Mason, […]