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An offer from United Arab Emirates to invest in Pakistan is a feasible route to pull it out of its entrenched economic crisis. The offer comes in the wake of a spurt in the volume of capital flow from Emirates and Saudi Arabia into India.

For nearly a month now, Chinese Foreign Minister Qin Gang, just replaced , , has remained out of the public eye for a month The absence of Minister Qin has caused some rescheduling in diplomatic engagements. . Though former foreign minister Wang Yi n has been appointed as the new foreign minister on Tuesday, the continued absence of Qin Gang for such a long period has led to speculations.

International Monetary Fund (IMF) has projected Global growth to fall from an estimated 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024 in its latest July 2023 World Economic Outlook Update. While the forecast for 2023 is modestly higher than predicted in the April 2023 World Economic Outlook (WEO), it remains weak by historical standards.

For Saudi Crown Prince Mohammed bin Salman, religious reform has long been a question of when rather than if. Bin Salman’s potential embrace of religious, not just social and economic reform, could have far-reaching consequences for the role of religion in Saudi Arabia and religious soft power rivalry in the Muslim world.

Spanish voters finally gave a big rebuff to the Far Right People’s Party(PP) and the fascist VOX by denying them majority in the 350 member house of national assembly elections to which were held on Sunday, July23. Despite all opinion poll predictions about the defeat of the coalition government headed by Pedro Sanchez with participation of left Podemos including the Communist Party, the ruling PSOE and the left coalition Sumar did well putting them above the total tally of the far right formation.

Conservatives lost two seats in the parliamentary by-elections in Britain this week. Conservative victory from Boris Johnson’s old set of Uxbridge and South Ruislip has come as a face saver for the UK Prime Minister Rishi Sunak. With this victory Sunak could avoid a 3-0 drubbing.

A hundred year old Henry Kissinger, met with the Chinese president and supreme leader of the country, Xi Jingping, this week although the latter did not meet US cabinet members of Biden administration recently. Kissinger was reportedly received in the same diplomatic guest house in Beijing where the former was received on his first visit in 1971.

Spain, an important member of the European Union is witnessing a tumultuous national elections next Sunday July 23 the outcome of which will decide whether this country which suffered fascism under President Franco, will once again be governed by a coalition consisting of the late dictator’s supporters.

The NATO summit meeting in Vilnius, Lithuania, registered a new level of aggressiveness of the western military alliance led by the United States. Though the central issue of the summit was the war in Ukraine, the declaration of the summit goes much beyond and expresses its interests in other parts of the world outside Europe and makes clear its intent to pursue global domination.

Even prior to his inauguration, there was talk that Joe Biden’s administration would mark a break with the neoliberal orthodoxy that has dominated both parties since the Ronald Reagan era. During the height of the pandemic, the president claimed that the “blinders have been taken off,” and his administration would have to address challenges that “may not dwarf but eclipse what FDR faced.”