Hezbollah-led coalition loses seats in Lebanon’s election
Hezbollah and its allies lost their parliamentary majority in Lebanon’s first election since the 2020 Beirut port explosion, in a setback for...
Month: May 2022
Sri Lankan central bank restricts individuals’ forex holdings as turmoil intensifies
Sri Lanka's central bank on Thursday restricted the amount of foreign currency individuals can hold to $10,000, with criminal penalties...
Familial dynasties seize top political posts in the Philippines.
36 years after his father was ousted from dictatorship, Ferdinand “Bongbong” Marcos Jr. won the office of President of the Philippines in...
Global arms spending passes $2 trillion for the first time.
Defense spending reached $2.1 trillion dollars for the first time in 2021, driven by an arms race in Asia, the Stockholm...
Iran ramps up oil exports as China pulls back on Russian crude
Iran is ramping up oil exports and benefiting from a rise in oil prices as its main buyer, China, pulls back on...
