Peter O’Neill newly elected Prime Minister of Papua New Guinea

Peter O’Neill has been re-elected as the new Prime Minister of Papua New Guinea (PNG) for a second five-year term with a healthy majority, 60 to 46 by a newly elected parliament. He is the leader of the People’s National ..

Bolivia declares total independence from IMF and World Bank (WB)

Evo Morales, the President of Bolivia, has recently declared his government’s full independence from the International Monetary Fund (IMF) and World Bank, after announcing last year that Bolivia will no longer respond to their demands. Most of the protests in ..

‘Open Sky’ offer rejected by Nepal

Nepal has rejected the ‘open sky’ offer of India to allow unlimited flights between India and Nepal. Nepal has said it will consider the offer two years later. Under the National Civil Aviation Policy, India will enter into ‘open-sky’ agreements ..

Nepal to hold military exercise with China

Nepal is set to hold its first ever joint military exercise with China. The military exercise, named Pratikar-1 will be held on February 10, 2017. This marks the beginning of a new level of military engagement between Nepal and China. ..

India, Kyrgyzstan sign six agreements

India and Kyrgyzstan have signed six Memoranda of Understanding (MoU) after delegation level talks between President of Kyrgyzstan Almazbek Sharshenovich Atambayev and Prime Minister Narendra Modi in the areas of tourism, agriculture and food industry, youth development and broadcasting and ..

Indus Water Treaty: World Bank offers alternate solutions

In a notable development World Bank has taken cognizance of the growing development and has paused the processes initiated by both India and Pakistan in favour of alternate solutions which are in line with the spirit of Indus Water Treaty. ..

7th Indo- Maldives joint military exercise to begin

The seventh edition of military exercise EKUVERIN between the Indian Army & the Maldives National Defence Force will be held from 15 to 28 Dec 2016 at Kadhdhoo, Laamu Atoll, Maldives. The Exercise is a 14-day platoon level joint military exercise conducted ..

First India China Think-Tanks Forum

The First India-China Think-Tanks Forum was held on 9-10 December 2016 in New Delhi. The Forum is a bilateral platform established by a Memorandum of Understanding (MoUs) concluded between Ministry of External Affairs, India and Chinese Academy of Social Sciences ..

Venezuela orders 100-unit banknotes out of circulation

Venezuela’s President Nicolas Maduro has signed an emergency decree ordering the 100 bolivar bill, the country’s largest banknote, out of circulation in the next 72 hours. This move has been taken to thwart mafias from hoarding cash in Colombia. Investigations ..

Paolo Gentiloni named Italy’s new Prime Minister

Paolo Gentiloni has been named as Italy’s new prime minister after the resignation of reformist leader Matteo Renzi in the wake of a crushing referendum defeat. Gentiloni is a close ally of Renzi and was Renzi’s foreign minister. The elections ..