Jim Yong Kim resigns as WB President, to join private firm

Washington, January 8: In a surprise move, World Bank President Jim Yong Kim announced on Monday that he would step down from his position on February 1 much before the end of his term in 2022. Kim, 58, has been…

‘War is like suicide, India rejected Pak’s peace overtures’: Imran Khan

Islamabad, January 8: Pakistan Prime Minister Imran Khan has accused India of not responding to his peace overtures and said that any war between two nuclear-armed nations would be suicidal for them. In an interview with Turkish news agency TRT…

Asylum assessment of Saudi woman in Thailand to take days: UNHCR

Bangkok, January 8: The asylum claim of a young Saudi woman who resisted deportation from Thailand in a gripping, live-tweeted ordeal will take “several days” to assess, the UN’s refugee agency in Bangkok said Tuesday. Rahaf Mohammed al-Qunun arrived at…

Gita Gopinath joins IMF as its first woman Chief Economist

Washington, January 8: Mysuru-born Gita Gopinath has joined International Monetary Fund as its Chief Economist, becoming the first woman to occupy the top IMF post. Gopinath’s joined last week at a time, when she believes the world is experiencing a…

Sheikh Hasina sworn in as Bangladesh PM for 4th term

DHAKA, JANUARY 7: Sheikh Hasina was sworn in as Bangladesh’s Prime Minister for a record 4th term Monday after a crushing election victory marred by deadly violence and claims of widespread rigging. Hasina, 71, has presided over record economic growth…

‘Need asylum’: Detained Saudi teen locks herself up in Bangkok hotel room

BANGKOK, JANUARY 7: A Saudi woman being held at Bangkok airport on Monday appealed for asylum and for other passengers to help protest her looming deportation, in desperate tweets from the hotel room where she barricaded herself. Rahaf Mohammed al-Qunun…

Imran Khan begging for funds worldwide: CM of Pakistan’s Sindh province

Karachi, January 7: Pakistan Prime Minister Imran Khan has been criticised by the Chief Minister of Sindh province for travelling around the world to “beg” for financial support for the cash-strapped country which is currently battling serious economic crisis. Pakistan…

May promises clarity as Brexit returns to centrestage

London, January 6: As parliament resumes after the Christmas-New Year break on Monday, Prime Minister Theresa May on Sunday promised to provide recalcitrant MPs clarity on key issues in the EU withdrawal agreement that will be put to a vote…

Death toll from Philippines storm, landslides climbs to 126

Manila, January 6: The death toll from a storm that devastated the Philippines shortly after Christmas rose to 126, authorities said Sunday, adding landslides caused by torrential rain were the top cause. The storm hit central and eastern Philippine islands…

Nepal writes to RBI to declare new Indian currency legal in the country

KATHMANDU, January 6: Nepal has asked the RBI to declare newly circulated Indian currency notes of denominations higher than Rs. 100 legal tender in the country, according to media report on Sunday. The Nepal Rastra Bank (NRB), the country’s central…