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14-03-2023 Bureau Report KABUL/ NEW DELHI/ ISLAMABAD: The Ministry of Mines and Petroleum (MoMP) said that the Islamic Emirate (Taliban Government) is fully prepared to launch the practical work on the Turkmenistan, Afghanistan, Pakistan, India (TAPI) pipeline project. A spokesman for the MOMP, Homayoun Afghan, called said existing challenges in …

14-03-2023 WASHINGTON: US authorities have taken emergency measures to shore up the banking system after a string of bank failures raised concerns about financial stability. The government has taken over Silicon Valley Bank and Signature Bank, saying it will guarantee all deposits. The moves aim to stop the rush of …

14-03-2023 LOS ANGELES: Michelle Yeoh became the first Asian woman to win best actress, as Everything Everywhere All at Once dominated at the Oscars. The dazzling multiverse adventure won seven awards including best picture, director and original screenplay. Accepting her statuette, Yeoh said: “For all the little boys and girls …

14-03-2023 BEIJING/ DUBAI/ TEHRAN: China is planning to host an unprecedented summit attended by senior officials from Iran and its six Arab neighbors of the Gulf Cooperation Council (GCC), according to the Wall Street Journal. The summit would take place in Beijing later this year, after Iran and Saudi Arabia …

14-03-2023 UNITED NATIONS/ DAMASCUS/ BAB AL-HAWA: The United Nations, the Syrian government and other actors are responsible for delays in getting emergency aid to Syrians after the devastating earthquakes last month, an UN-appointed commission of inquiry says. The allegations, shared on Monday, add to a growing chorus of criticism of …

14-03-2023 LONDON/ WASHINGTON: Governments in the United Kingdom and the United States have taken extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank (SVB), even as another major bank was shut down. The UK Treasury and the Bank of England announced early on …

14-03-2023 ROME: About 30 migrants were missing and presumed drowned after the overcrowded boat they were on capsized during a rescue attempt by a cargo ship off Libya, Italy’s coastguard said. Seventeen migrants were saved and a search was underway for the missing after the early-morning attempted rescue in Libya’s …

14-03-2023 SEOUL: South Korea and the United States kicked off their largest joint military exercises in five years on Monday, after nuclear-armed Pyongyang warned such drills could be seen as a “declaration of war”. Washington and Seoul have ramped up defence cooperation in the face of growing threats from the …

14-03-2023 PARIS: Organizers of the 2024 Paris Olympics say they plan to make the Games the world’s first ‘climate positive’ sporting event, a boast experts claim is ‘misleading’. “We want to show that we can do these Games with half the emissions,” Georgina Grenon, Paris 2024’s director of environmental excellence, …

14-03-2023 RIYADH: Saudi Foreign Minister (FM) Prince Faisal bin Farhan said that the Saudi government is preparing for the resumption of bilateral relations with Iran in a couple of months and expressed hope to exchange visits with Iran. In a Chinese-mediated deal, Saudi Arabia and Iran have decided to resume …