Biden announces $33 billion in aid to war-torn Ukraine

WASHINGTON (Parliament Politics Magazine) – President Biden has asked $33 billion (£27 billion) in humanitarian, economic and military aid for Ukraine, despite insisting that the US is not “attacking Russia.” Mr. Biden stated that approval of the deal by US lawmakers was

War in Ukraine

London, (Parliament Politics Magazine) – Russia attacks Ukraine and faces worldwide setbacks and sanctions Russia’s attack on the 24th of February against Ukraine has caused a globalised reaction and demonstrations all around the world. CIA director says Russian President Putin’s assumptions about

Australia: case dropped against Citigroup and Deutsche Bank

CANBERRA (Parliament Politics Magazine) – Australia has dropped a cartel case against Citigroup Inc., Deutsche Bank AG, and numerous former employees against a $1.8 billion stock offering, a startling retreat from the biggest white-collar criminal trail of the country. Federal prosecutors announced

South Korea: GDP growth reaches an 11-year high

SEOUL (Parliament Politics Magazine): In 2021, South Korea’s economy grew at its strongest rate in 11 years, owing to increases in construction activity and exports, which offset decreases in capital investment and a delayed recovery in the coronavirus-affected service sectors. According to

Eastern Mediterranean blanketed by an unusual snowstorm

ANKARA (Parliament Politics Magazine): An uncommon heavy snowfall over southeast Europe resulted in shutting down the Istanbul airport, and commuters were trapped in their cars around Athens. The snowstorm blanketed swaths of the eastern Mediterranean, triggering outages and traffic chaos. Europe’s busiest

Survival stories begin to emerge from ash-laden Tonga

NUKU’ALOFA (Parliament Politics Magazine): Following Saturday’s volcanic eruption and tsunami, stories of survival are beginning to emerge from Tonga. After telling a local radio station that he had to swim for more than a day to survive the tsunami, Lisala Folau’s story

Why is inflation looming over the world?

LONDON (Parliament Politics Magazine): The cost of living is growing significantly, not just in the UK but around the world, from buying groceries to heating our houses. Inflation, or the rate at which prices rise, has reached new highs since 2008. The

Possible UN showdown between Biden and Russia

New York (Parliament Politics Magazine) – The Biden administration has plans to strategically use the United Nations Security Council as a way to keep Russia in its place. While the official reason may be that this will occur if Russia, specifically Moscow,

Another lockdown and China is nervous

Beijing (Parliament Politics Magazine) – Coronavirus had hit China hard, and while it looked like China could get a breather, it seems like it’s too early to do that just yet. Tianjin, a city and municipality in China, is in the midst

Alibaba: 2022, a challenging year for the Chinese tech-giant

BEIJING (Parliament Politics Magazine): The Chinese IT giant’s enormous coffers and adaptability are considered as critical to surviving the coming year. Alibaba has had a difficult 14 months. The Chinese tech behemoth has struggled since regulators abruptly halted the first public offering

Ukraine holds Russia responsible for the recent cyberattack

KYIV (Parliament Politics Magazine): Ukraine claimed that Russia was responsible for a cyberattack that vandalised its official websites and that Russia is engaging in a “hybrid war” with its neighbour on Sunday. This was declared a day after Microsoft’s announcement about dozens

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