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International

December 5, 2024 11:20 AM

Sri Lanka to table vote on account in Parliament for public spending

Sri Lanka's government will table a Vote on Account in Parliament today, to ensure public spending for the first four months of 2025. Earlier last week, the cabinet had approved the presentation of the Vote on Account as there was not enough time to prepare the 2025 Annual Budget. The Parliament was...

December 5, 2024 11:57 AM

US President-elect Trump nominates Paul Atkins as SEC Chairman

US President-elect Donald Trump has nominated Paul Atkins, a former commissioner of the US Securities and Exchange Commission (SEC) to be the agency's chairman. In a social media post, Trump said, Paul is a proven leader for common sense regulations.   Paul Atkins is the CEO and founder of a...

December 5, 2024 10:43 AM

UAE leads global rankings in sustainable development & economic innovation

The UAE has established itself as a global leader in the new economy according to a recent report by the Statistical Centre for the GCC (GCC-Stat) commemorating the nation's 53rd Eid Al Etihad(National Day). The report highlights the UAE's achievements across multiple sectors and its commitment to s...

December 5, 2024 10:32 AM

Indian delegation shares tax innovation at Global ZATCA Summit

Union Minister of State for Finance, M P Chaudhary led a high-level delegation to the Zakat, Tax and Customs Authority (ZATCA) Conference 2024 in Riyadh, Saudi Arabia. The two-day conference, running December 4-5, focuses on "Shaping Tomorrow for Sustainable Ecosystems."   During the conferen...

December 5, 2024 10:28 AM

Arab Development Group pledges $10 billion to combat land degradation by 2030

The Arab Coordination Group (ACG) has committed up to $10 billion to fight land degradation, desertification, and drought by 2030. The announcement came during the UN Convention to Combat Desertification's COP16 conference in Riyadh, Saudi Arabia.   The initiative will focus on restoring degr...

December 5, 2024 6:54 AM

United Healthcare CEO Brian Thompson shot in targeted attack

Brian Thompson, CEO of the largest US health insurance company, United Healthcare was shot dead yesterday in New York. Local police authorities have informed that Brian was killed in a targeted attack and the masked assailant escaped on a bicycle. Further investigations are underway. He was 50 years...

December 5, 2024 6:48 AM

French PM Barnier ousted after losing confidence vote

French Prime Minister Michel Barnier’s government has lost a confidence vote in the National Assembly leading to his ouster into just three months of his term. A total of 331 out of 577 lawmakers voted against Barnier’s government, after the attempt to pass an annual budget without a vote in par...

December 4, 2024 9:06 PM

South Korean opposition move motion to impeach President Yoon Suk Yeol

In South Korea, the lawmakers of the opposition coalition today moved a motion in the Parliament to impeach President Yoon Suk Yeol after his shocking imposition of martial law that brought thousands of protesters to the streets. President Yoon declared martial law yesterday, leading to widespread...

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