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Switzerland Tightens Sanctions Against Russia

Switzerland has expanded its sanctions against Russia, adding new advertising restrictions on several Russian media outlets. The updated sanctions list now targets 158 individuals and entities, bringing the country closer to EU measures. This move reinforces Switzerland's firm stance against Russian influence amid ongoing geopolitical tensions. Despite global economic challenges, Switzerland's economy remains strong, with the IMF predicting 0.9% GDP growth in 2025. Wages rose by 1.8% last year, outpacing inflation, with significant increases in health and social sectors. The country continues to demonstrate economic resilience. Zurich has secured the top spot in the 2025 Smart City Index for the sixth consecutive year, showcasing its leadership in urban innovation. In space science, Switzerland plays a key role in the European Space Agency's latest atomic clock mission, highlighting its technological contributions. The nation mourns the loss of renowned author Peter von Matt, a literary icon. Additionally, the traditional Swiss Guard ceremony has been postponed following the death of Pope Francis, marking a period of reflection during significant national and global events.

7 hrs ago
Switzerland Tightens Sanctions Against Russia
Japan, Switzerland to Hold Ukraine Landmine Talks

Japan, Switzerland to Hold Ukraine Landmine Talks

Japan and Switzerland have pledged to collaborate on an upcoming international demining conference for Ukraine, which Japan will host this fall. The agreement came during talks in Tokyo between Japanese Foreign Minister Takeshi Iwaya and Swiss counterpart Ignazio Cassis. Iwaya commended Switzerland's peace efforts and support for Ukraine's recovery. The ministers also discussed East Asian security concerns, including North Korea's growing military ties with Russia. Both nations agreed to maintain close cooperation in addressing regional challenges.

7 hrs ago|world
Massive Crowds, Mounting Suffering at Tooth Relic Exposition in Kandy, Sri Lanka

Massive Crowds, Mounting Suffering at Tooth Relic Exposition in Kandy, Sri Lanka

Tens of thousands of pilgrims in Kandy face harsh conditions during the rare public display of the Sacred Tooth Relic, the first in 16 years. Elderly and vulnerable devotees endure extreme heat, dehydration, and lack of basic facilities while waiting in long queues for limited viewing hours. Health officials warn of potential fatalities due to severe exhaustion and inadequate medical support. Volunteers report people collapsing and fainting, with no immediate relief measures in place. Many pilgrims arrived days early, sleeping on streets with minimal provisions. Critics accuse authorities of poor planning despite years to prepare. Calls grow for extended viewing hours and better crowd management to prevent further suffering. Temple officials have yet to respond to demands for urgent improvements. The relic, central to Sri Lanka's Buddhist heritage, is displayed for just five and a half hours daily until April 27. Without intervention, the event risks being overshadowed by preventable human suffering.

1 days ago|world
Philippine President Marcos to Attend Pope Francis Funeral

Philippine President Marcos to Attend Pope Francis Funeral

President Ferdinand Marcos Jr. and First Lady Liza Araneta Marcos will attend the funeral of Pope Francis in Vatican City this Saturday. The confirmation came from Palace Press Officer Claire Castro during a briefing with reporters on Wednesday. Castro stated, "The President and the First Lady will do," when asked about their attendance. No details have been provided yet regarding their travel schedule to Vatican City. The funeral is expected to draw global leaders and dignitaries. The first couple's participation underscores the Philippines' strong ties with the Catholic Church. Further updates on their itinerary are anticipated in the coming days.

1 days ago|world
Japan PM to Visits Vietnam, Philippines in 4 Day Trip

Japan PM to Visits Vietnam, Philippines in 4 Day Trip

Prime Minister Shigeru Ishiba will visit Vietnam and the Philippines from Sunday for a four day trip aimed at reinforcing Japan's commitment to a rules based order in the Indo-Pacific. The government announced the visit on Wednesday as part of ongoing efforts to strengthen ties with Southeast Asian nations. The trip comes amid rising global security and economic concerns, with Japan seeking deeper cooperation in the region. It follows Chinese President Xi Jinping's recent tour of Southeast Asia, highlighting the strategic importance of the area. Ishiba's diplomacy underscores Japan's push for stability and partnerships in the Indo Pacific.

1 days ago|world
Kaldvik AS Buys Iceland Fish Farming Assets

Kaldvik AS Buys Iceland Fish Farming Assets

Norwegian aquaculture firm Kaldvik AS has raised capital through a new share issuance to fund the purchase of key assets in Iceland's east coast fish farming sector. The acquisition forms part of the company's strategy to expand its footprint in the region and bolster its position within the aquaculture value chain. The deal will enhance Kaldvik's operational capabilities in Iceland, where the company aims to capitalize on growing opportunities in fish farming. Industry observers note the move could strengthen the firm's competitiveness in the Nordic aquaculture market. No financial details of the transaction were disclosed. Kaldvik's leadership emphasized the long term benefits of securing these assets for sustainable growth in the region. The company expects the acquisition to streamline its supply chain and improve production efficiency.

1 days ago|world
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Switzerland Joins EU in Russian Media Crackdown
world1 days ago

Switzerland Joins EU in Russian Media Crackdown

Switzerland has joined the European Union in sanctioning eight Russian state affiliated media outlets, signaling a shift from its longstanding neutrality. The decision underscores Bern's efforts to combat foreign disinformation and align with European security policies. The move highlights Switzerland's growing concern over propaganda linked to geopolitical conflicts and its commitment to protecting democratic institutions. Analysts view this as a significant step in the country's evolving foreign policy approach. The targeted media organizations are accused of spreading disinformation to influence public opinion. Swiss officials emphasized the need for coordinated action to counter such threats. This alignment with EU sanctions reflects broader European unity in addressing security challenges posed by Russia. Switzerland's participation marks a notable departure from its traditional neutral position.

Switzerland Confident on Economy Ahead of U.S. Tariffs
world1 days ago

Switzerland Confident on Economy Ahead of U.S. Tariffs

Swiss officials are heading to Washington this week in an effort to prevent steep U.S. import tariffs by highlighting Switzerland's economic contributions to America. The delegation, led by Finance Minister Karin Keller Sutter and Economy Minister Guy Parmelin, aims to strengthen ties during the World Bank and IMF Spring meetings. The push follows major Swiss investments in the U.S., including Roche's $50 billion commitment and Novartis' $23 billion pledge. Switzerland ranks as the seventh largest foreign investor in the U.S., with firms like Barry Callebaut and ABB expanding operations. Officials warn that tariffs could discourage future investments. A recent call between President Trump and KellerSutter led to a temporary tariff reduction from 31% to 10%, but Switzerland seeks a permanent solution. PR expert Klaus Stoehlker called the trip a "journey of hope," emphasizing Swiss firms' role in U.S. jobs and returns for American investors like BlackRock and Vanguard. "Switzerland is deeply woven into the U.S. economic fabric," Stoehlker said. "It's not just trade—it's a partnership." The delegation hopes to convince U.S. leaders that punitive measures could harm mutual economic interests.

Tourists Killed in Attack at Indian Resort Town in Kashmir
world1 days ago

Tourists Killed in Attack at Indian Resort Town in Kashmir

At least 24 people were killed after gunmen attacked tourists in Indian administered Kashmir on Tuesday, marking the deadliest civilian attack in the region in years. A senior police officer confirmed the incident occurred in the popular summer retreat of Pahalgam. Prime Minister Narendra Modi condemned the violence, calling it a "heinous act" and vowing that those responsible would face justice. The attack has sent shockwaves through the region, which has seen years of unrest but rarely such largescale civilian casualties. A local tour guide described chaotic scenes after hearing gunfire, rushing to help the wounded. He transported some victims on horseback, recalling seeing several bodies on the ground. Authorities have launched an investigation into the attack, with security forces searching for the assailants.

Australians Begin Voting in General Elections
world1 days ago

Australians Begin Voting in General Elections

Australia has begun its 2025 general elections, with citizens nationwide heading to polling stations to vote. High turnout is expected as the country decides its next government, with key issues including economic recovery, climate policy, and international relations. Polling booths opened early, with long lines reported in major cities and regional areas. Voters are choosing between the Labor Party, led by Anthony Albanese, and the Liberal Party, under Peter Dutton, alongside smaller parties and independents. Polls close at 6 PM local time, with early voting available in some areas. The Australian Electoral Commission is overseeing the process to ensure fairness and accessibility. Results are expected in the coming days, though some close races may take longer due to postal votes. The election is seen as pivotal for Australia's future direction, with voters eager to see which party will secure victory. Authorities are working to address any voting concerns as the nation awaits the outcome.

IMF: Trump Trade War Threatens US Prosperity
world1 days ago

IMF: Trump Trade War Threatens US Prosperity

The International Monetary Fund warned Tuesday that President Donald Trump's tariff policies and retaliatory measures from trading partners could severely impact global economies, with the US facing significant damage. Global growth is projected to slow to 2.8% this year, down from 3.3% in 2023, marking a sharp decline below historical averages. The US economy is expected to grow just 1.8% in 2025, a steep drop from 2.8% in 2024. These forecasts are gloomier than January's estimates, reflecting the effects of recent tariff hikes pushing import taxes to century high levels.

When Is Pope Francis’ Funeral? What We Know So Far
world2 days ago

When Is Pope Francis’ Funeral? What We Know So Far

Pope Francis, the leader of the Catholic Church, has died at the age of 88. His passing was confirmed by Cardinal Kevin Farrell in a statement on Monday, April 21. The pontiff had faced ongoing health challenges, including a recent hospitalization for pneumonia. The Vatican announced his death following his final public appearance at St. Peter's Square after Easter Mass. A papal conclave will soon convene to select his successor. Details regarding funeral arrangements and burial proceedings are expected in the coming days. Francis, born Jorge Mario Bergoglio, became pope in 2013, known for his humility and focus on social justice. His death marks the end of a transformative papacy that resonated with millions worldwide. Tributes from religious and political leaders have begun pouring in. The Vatican has not yet released a specific timeline for the conclave, but tradition dictates it must begin within weeks. The process remains highly secretive, with cardinals gathering to vote until a new pope is chosen.

German Teens Detained, Deported From Hawaii
world2 days ago

German Teens Detained, Deported From Hawaii

Two German teenagers were denied entry at Honolulu's border last month after failing to provide proof of accommodation to customs officials. Charlotte Pohl, 19, and Maria Lepere, 18, arrived without hotel bookings for their five week stay. Despite having valid U.S. travel authorization through ESTA, the pair were turned away. The Electronic System for Travel Authorization does not ensure admission into the country. The case was first reported by a prominent German newspaper. Authorities require visitors to present lodging details to verify the purpose and duration of their stay. The incident highlights the importance of meeting entry requirements, even with preapproved travel documents.

Ethiopia approves controversial media law amendment
world2 days ago

Ethiopia approves controversial media law amendment

Ethiopia's House of Peoples' Representatives approved amendments to the Mass Media Proclamation on Thursday, granting the Prime Minister authority to nominate the Director General of the Ethiopian Media Authority (EMA). The role was previously reserved for the House. The changes remove requirements for transparent board appointments and public participation in selecting EMA leadership. Critics argue the amendments weaken media independence by placing the regulator under executive influence. Media and civil society groups, including the Ethiopian Mass Media Professionals Association and International Press Institute, opposed the changes, warning they threaten press freedom. The move comes amid growing concerns over Ethiopia's declining press freedom rankings and increased journalist detentions. Reporters Without Borders recently ranked Ethiopia 141st globally for press freedom, citing conflict and repression. At least 43 journalists have faced arrest or harassment this year, according to watchdogs. Authorities defend the amendments as necessary for streamlining bureaucratic inefficiencies.

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Vance's India Trip Overshadowed by Trump Trade War

Vance's India Trip Overshadowed by Trump Trade War

U.S. Vice President JD Vance begins a visit to India on Monday amid ongoing trade tensions, with the U.S. threatening to raise tariffs on Indian exports from 10% to 26% if no agreement is reached within a 90day pause. The trip holds political and personal significance, as Vance's wife, Usha Vance, is the first Indian American second lady, drawing considerable media attention in India. Prime Minister Narendra Modi will host Vance for bilateral talks, focusing on trade and investment. India hopes to secure a deal to avoid higher tariffs while positioning itself as a leader of the Global South. Sector specific trade discussions are expected to conclude by the end of May. The visit also includes cultural stops in Jaipur and Agra, home to the Taj Mahal, highlighting softer diplomacy. Analysts note the trip could strengthen U.S.India ties, particularly as both nations seek to counterbalance China's influence. Modi has sought closer relations with the U.S., including increased purchases of American goods and cooperation on defense and technology. Trade remains a key issue, with India recently reducing tariffs on U.S. products like bourbon and motorcycles to address concerns over protectionist policies. A potential trade deal could further solidify the economic partnership between the two nations.

3 days ago|world
Pope Francis Resumes Duties with Easter Popemobile Tour

Pope Francis Resumes Duties with Easter Popemobile Tour

Pope Francis made a public appearance on Easter Sunday, greeting thousands in St. Peter's Square after recovering from a severe case of double pneumonia. The 88yearold pontiff rode through the crowd in his popemobile, drawing cheers and blessing babies, a scene unthinkable weeks ago during his health crisis. His voice sounded stronger as he delivered Easter greetings from the balcony of St. Peter's Basilica, where he imparted the apostolic blessing. Though he did not lead the Mass, delegating it to Cardinal Angelo Comastri, his presence marked a significant milestone in his recovery. An estimated 35,000 people filled the square, erupting in applause as a military band played the Holy See anthem. The event signaled a hopeful turn for the pope, who was hospitalized for five weeks before being discharged on March 23.

3 days ago|world
Maldives Bolsters Military with UAE Armored Vehicles

Maldives Bolsters Military with UAE Armored Vehicles

EDGE Group announced that its NIMR AJBAN 442A armored vehicles were showcased during the Maldives National Defence Force's 133rd Anniversary Parade in Malé. The display highlights strengthening defense ties between the United Arab Emirates and the Maldives. In a statement, EDGE expressed pride in supplying the high mobility vehicles to the MNDF, emphasizing its commitment to regional security partnerships. The deployment reflects the UAE's growing defense cooperation in South Asia and the Indian Ocean amid rising maritime security concerns. The AJBAN 442A, produced by UAE based NIMR, is a versatile 4×4 tactical vehicle designed for military operations, including troop transport and command roles. It features modular armor and adaptability for harsh environments. The Maldives has been upgrading its defense capabilities, focusing on coastal surveillance and rapid response. The UAE continues to provide advanced land and naval systems to partner nations across Asia and Africa.

3 days ago|world
Maldives Bans Israeli Travel Over Gaza Conflict

Maldives Bans Israeli Travel Over Gaza Conflict

The Maldivian Parliament passed an amendment to the Immigration Act on Monday, which was ratified by President Mohamed Muizzu on Tuesday. The move bans Israeli passport holders from entering the country, citing the government's stance against what it calls Israeli atrocities and genocide in Palestine. President Muizzu stated the decision reflects the Maldives' solidarity with Palestinians. The amendment follows his June proposal to bar Israeli travelers, prompting Israel to advise its citizens against visiting the island nation. Israel denies accusations of genocide, asserting its actions are in self defense following the October 2023 Hamas attack. The conflict has drawn international criticism and polarized global responses.

3 days ago|world
Elon Musk's Team Targets US National Gallery Cuts

Elon Musk's Team Targets US National Gallery Cuts

Elon Musk's cost cutting team has reportedly turned its attention to the National Gallery of Art in Washington DC, as part of broader efforts to streamline government spending. Representatives from Musk's Department of Government Efficiency met with museum leadership this week, though their specific intentions remain unclear. The move coincides with the current administration's increased scrutiny of cultural institutions. Recent executive orders have targeted organizations like the Smithsonian and the Kennedy Center over perceived ideological concerns. The National Gallery, which relies heavily on federal funding, received $210 million last year to maintain free public access. Founded in 1937 through congressional action, the gallery operates as an independent trust. It recently removed diversityrelated language from its website following a White House directive. In a statement, the museum reaffirmed its commitment to working with federal partners while preserving its artistic mission. The gallery's leadership includes high ranking officials such as the Treasury Secretary and Supreme Court Chief Justice. Despite political pressures, the institution has so far avoided direct confrontation with the administration.

3 days ago|world
Kandy Draws Millions of Devotees in Sri Lanka

Kandy Draws Millions of Devotees in Sri Lanka

Hundreds of thousands of Buddhist devotees have gathered in Kandy to venerate the sacred Tooth Relic of the Buddha, displayed publicly for the first time in 16 years at Sri Dalada Maligawa. Authorities anticipate over two million visitors during the ten day exposition, which started Friday. Long queues stretched for kilometers amid heightened security and minor logistical challenges. The event has drawn pilgrims of all ages from across Sri Lanka, marking a significant religious occasion for the predominantly Buddhist nation.

3 days ago|world
A/L Exam Results Expected by Late April in Sri Lanka

A/L Exam Results Expected by Late April in Sri Lanka

The Department of Examinations has announced that the G.C.E. Advanced Level results will be released before the end of this month. The results were originally expected by April 20 but faced delays due to practical issues. This year, a total of 333,185 candidates appeared for the examination. Officials assured the public that the results are being finalized and will be available soon.

3 days ago|world
Sri Lanka Probes Sacred Tooth Relic Image

Sri Lanka Probes Sacred Tooth Relic Image

Sri Lankan authorities have launched an investigation after a photo allegedly showing a sacred Buddha tooth relic was shared on social media. The relic is currently on display at the Temple of the Tooth in Kandy under strict security, where photography is banned. Police are working to verify if the image was taken during the ongoing exhibition or if it was digitally altered. Devotees undergo security checks before entering the temple, with mobile phones and bags prohibited. Officials called any breach a serious security lapse. The relic, last displayed in 2009, has drawn large crowds, with 125,000 visitors on the first day. The 10day exhibition, which ends on April 27, allows limited viewing hours each day. Plain clothed officers are monitoring the site to ensure compliance with security measures.

3 days ago|world
Sri Lanka Seeks Justice for Easter Bombings Victims

Sri Lanka Seeks Justice for Easter Bombings Victims

Sri Lanka commemorates the sixth anniversary of the Easter Sunday bombings today, reflecting on the 2019 attacks that killed 269 people and injured over 500. The tragedy remains unresolved, with victims' families still awaiting justice amid allegations of political interference and systemic failures. The bombings, carried out by Islamist extremists, shattered national cohesion and damaged Sri Lanka's economy and global reputation. Investigations have stalled, with key figures avoiding accountability despite prior intelligence warnings. Critics accuse successive governments of exploiting the attacks for political gain. For many Sri Lankans, justice means full transparency, accountability for negligence, and reparations for victims. The prolonged delay has eroded trust in institutions, raising concerns about impunity and the country's commitment to truth and reconciliation.

3 days ago|world
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Switzerland Tightens Sanctions Against Russia

Switzerland has expanded its sanctions against Russia, adding new advertising restrictions on several Russian media outlets. The updated sanctions list now targets 158 individuals and entities, bringing the country closer to EU measures. This move reinforces Switzerland's firm stance against Russian influence amid ongoing geopolitical tensions. Despite global economic challenges, Switzerland's economy remains strong, with the IMF predicting 0.9% GDP growth in 2025. Wages rose by 1.8% last year, outpacing inflation, with significant increases in health and social sectors. The country continues to demonstrate economic resilience. Zurich has secured the top spot in the 2025 Smart City Index for the sixth consecutive year, showcasing its leadership in urban innovation. In space science, Switzerland plays a key role in the European Space Agency's latest atomic clock mission, highlighting its technological contributions. The nation mourns the loss of renowned author Peter von Matt, a literary icon. Additionally, the traditional Swiss Guard ceremony has been postponed following the death of Pope Francis, marking a period of reflection during significant national and global events.

7 hrs ago|world

Japan, Switzerland to Hold Ukraine Landmine Talks

Japan and Switzerland have pledged to collaborate on an upcoming international demining conference for Ukraine, which Japan will host this fall. The agreement came during talks in Tokyo between Japanese Foreign Minister Takeshi Iwaya and Swiss counterpart Ignazio Cassis. Iwaya commended Switzerland's peace efforts and support for Ukraine's recovery. The ministers also discussed East Asian security concerns, including North Korea's growing military ties with Russia. Both nations agreed to maintain close cooperation in addressing regional challenges.

7 hrs ago|world

SpaceX Dragon delivers 6,700 pounds of cargo to ISS

A SpaceX Dragon spacecraft successfully docked with the International Space Station early Monday morning. The rendezvous occurred at 8:40 a.m. ET, marking another routine cargo delivery mission for NASA. The spacecraft carried critical supplies and scientific experiments for the station's crew. The automated docking proceeded smoothly as the station orbited approximately 260 miles above Earth. This mission continues SpaceX's role as a key partner in resupplying the orbiting laboratory. The Dragon capsule is expected to remain attached to the station for several weeks before returning to Earth.

16 hrs ago|innovation

Philippine President Marcos to Attend Pope Francis Funeral

President Ferdinand Marcos Jr. and First Lady Liza Araneta Marcos will attend the funeral of Pope Francis in Vatican City this Saturday. The confirmation came from Palace Press Officer Claire Castro during a briefing with reporters on Wednesday. Castro stated, "The President and the First Lady will do," when asked about their attendance. No details have been provided yet regarding their travel schedule to Vatican City. The funeral is expected to draw global leaders and dignitaries. The first couple's participation underscores the Philippines' strong ties with the Catholic Church. Further updates on their itinerary are anticipated in the coming days.

1 days ago|world

Roche to Invest $50 Billion in U.S. Operations

Swiss pharmaceutical giant Roche announced plans to invest $50 billion in the U.S. over the next five years. The expansion will create approximately 12,000 jobs and strengthen research, development, and manufacturing operations in states including California and Massachusetts. The move signals Roche's strong commitment to the U.S. market amid shifting global trade conditions. The investment will focus on advancing medical innovation and expanding production capacity. Roche emphasized the strategic importance of the U.S. as a key hub for pharmaceutical growth. Analysts view this as a significant boost to the domestic life sciences sector. The decision follows increasing competition in the global pharmaceutical industry. Roche's expansion is expected to enhance its ability to deliver cutting edge treatments while supporting local economies. Company executives highlighted the long term benefits of this investment for both patients and the broader healthcare system.

1 days ago|business

Switzerland Confident on Economy Ahead of U.S. Tariffs

Swiss officials are heading to Washington this week in an effort to prevent steep U.S. import tariffs by highlighting Switzerland's economic contributions to America. The delegation, led by Finance Minister Karin Keller Sutter and Economy Minister Guy Parmelin, aims to strengthen ties during the World Bank and IMF Spring meetings. The push follows major Swiss investments in the U.S., including Roche's $50 billion commitment and Novartis' $23 billion pledge. Switzerland ranks as the seventh largest foreign investor in the U.S., with firms like Barry Callebaut and ABB expanding operations. Officials warn that tariffs could discourage future investments. A recent call between President Trump and KellerSutter led to a temporary tariff reduction from 31% to 10%, but Switzerland seeks a permanent solution. PR expert Klaus Stoehlker called the trip a "journey of hope," emphasizing Swiss firms' role in U.S. jobs and returns for American investors like BlackRock and Vanguard. "Switzerland is deeply woven into the U.S. economic fabric," Stoehlker said. "It's not just trade—it's a partnership." The delegation hopes to convince U.S. leaders that punitive measures could harm mutual economic interests.

1 days ago|world

Tourists Killed in Attack at Indian Resort Town in Kashmir

At least 24 people were killed after gunmen attacked tourists in Indian administered Kashmir on Tuesday, marking the deadliest civilian attack in the region in years. A senior police officer confirmed the incident occurred in the popular summer retreat of Pahalgam. Prime Minister Narendra Modi condemned the violence, calling it a "heinous act" and vowing that those responsible would face justice. The attack has sent shockwaves through the region, which has seen years of unrest but rarely such largescale civilian casualties. A local tour guide described chaotic scenes after hearing gunfire, rushing to help the wounded. He transported some victims on horseback, recalling seeing several bodies on the ground. Authorities have launched an investigation into the attack, with security forces searching for the assailants.

1 days ago|world

When Is Pope Francis’ Funeral? What We Know So Far

Pope Francis, the leader of the Catholic Church, has died at the age of 88. His passing was confirmed by Cardinal Kevin Farrell in a statement on Monday, April 21. The pontiff had faced ongoing health challenges, including a recent hospitalization for pneumonia. The Vatican announced his death following his final public appearance at St. Peter's Square after Easter Mass. A papal conclave will soon convene to select his successor. Details regarding funeral arrangements and burial proceedings are expected in the coming days. Francis, born Jorge Mario Bergoglio, became pope in 2013, known for his humility and focus on social justice. His death marks the end of a transformative papacy that resonated with millions worldwide. Tributes from religious and political leaders have begun pouring in. The Vatican has not yet released a specific timeline for the conclave, but tradition dictates it must begin within weeks. The process remains highly secretive, with cardinals gathering to vote until a new pope is chosen.

2 days ago|world

Ethiopia Seeks BRICS Bank Membership for Growth

Ethiopia has officially applied to join the BRICS New Development Bank (NDB), marking it as a key priority for the year. Ambassador Leulseged Tadese Abebe confirmed the move, stating Ethiopia has secured political backing from all BRICS members and aims to finalize the process soon. The ambassador emphasized Ethiopia's commitment to integrating into BRICS mechanisms, particularly the NDB, to drive development in agriculture, energy, and industry. He also highlighted the African Union's growing influence within BRICS, with Ethiopia, South Africa, and Egypt advocating for Africa's trade and investment interests. The NDB, founded in 2014, focuses on sustainable development projects in BRICS nations and beyond. Its recent discussions with Bangladesh underscored plans to invest in infrastructure, clean energy, and digital networks. Ethiopia's potential membership could further strengthen Africa's role in global economic partnerships.

2 days ago|world