Mon. Dec 23rd, 2024

Year: 2020

Phase 1 of Naval Exercise MALABAR 20 to kick off today

The exercise, being conducted as a ‘non-contact, at sea only’ exercise in view of COVID-19 pandemic, will showcase the high-levels of synergy and coordination between the friendly navies, which is based on their shared values and commitment to an open, inclusive Indo-Pacific and a rules-based international order.

Women leaders ‘essential to peace and progress for all’: UN Chief

Mr. Guterres observed that COVID-19 is having a disproportionate negative impact on women and girls, leaving them victims of rising gender-based violence while simultaneously diverting resources from their health care, including sexual and reproductive services, as well as threatening long-term impacts on women’s employment and girls’ educations.

Turkish Economic Crisis: The Plunge of Lira and Exacerbation of Debt

In its report on the credit status of the Turkish economy, Moody’s reduced the investment status in Turkey to B2, which is Turkey’s lowest rating since 1990. This figure warns against investing in Turkey, and indicates the possibility that Turkey may resort to declaring a moratorium on its foreign debts or imposing restrictions on dealing with the dollar in Turkey.