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Top News

Moscow announces Snake Island pullback

30-06-2022 MOSCOW: Russia’s defence ministry says its troops have withdrawn from Snake Island, in the Black Sea, as a “gesture of goodwill” aimed at demonstrating Moscow supports efforts to restart food exports from Ukraine’s ports. Ukrainian officials hailed the announcement as a victory for their forces. Russian forces continue to …

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Muslim journalist Muhammad Zubair arrested in India

29-06-2022 Bureau Report NEW DELHI: Police in India’s capital New Delhi have arrested a Muslim journalist for allegedly hurting religious sentiment in what critics say is the latest example of declining press freedom in the country under Prime Minister Narendra Modi’s government. Mohammed Zubair, co-founder of India’s leading fact-checking website …

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Moody’s says Russia defaulted on debt

29-06-2022 PARIS: Moody’s ratings agency has confirmed that Russia defaulted on its foreign debt for the first time in a century, after bond holders did not receive $100 million in interest payments. The historic default follows a series of unprecedented Western sanctions that have increasingly isolated Russia from the global …

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G7 to condemn China’s ‘distorting’ trade practices

28-06-2022 ELMAU CASTLE/ MUNICH: G7 leaders will condemn China’s “distorting” international trade practices in an end-of-summit statement on Tuesday, a senior US official said. “You’ll see leaders release a collective statement, which is unprecedented in the context of the G7, acknowledging the harms caused by China’s non-transparent, market distorting, industrial …

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