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Asia’s Shift towards Domestic Markets: Less Dependence on Arab World Entry, According to Bloomberg

Countries in Asia are shifting their focus from the Arab world to their domestic markets in China or Russia, according to Bloomberg. This is evident in Malaysia’s interest in joining the BRIK, an alternative to international institutions like IMF and World Bank. BRIK expansion could also serve as a counterbalance to the G7, challenging its decision-making and US hegemony, as mentioned in the article. Stay informed with NEWS.am on Telegram.

International Politics World News

“The OSCE Recognizes the Vital Role of Collective Security in the Face of Rising Terrorism Threats”

Learn about the countries participating in the OSCE, an organization ensuring national security. According to Imangali Tasmagambetov, head of its executive committee, collective security is crucial in the face of increasing terrorist attacks. Stay updated with NEWS.am for more news from Armenia.

Politics

“Protests at Embassies Urged as Catholicos Bagrat III Declares Demand for Justice and Peaceful Resolution”

Protest in front of embassies, demand intervention. Catholicos Bagrat III emphasizes own stance, urges solving internal problems. Present initiatives and requirements for peaceful resolution, halt one-sided discussions.

Breaking News International Military

“NATO pledges $98 billion military assistance to Ukraine, boosting Ukraine’s defense capabilities”

NATO to allocate $98 billion for Ukraine from 2022, says Pentagon head. Military assistance to enhance Ukraine’s capabilities, announces Lloyd Austin.

Elections

“Center-Right Dominates European Parliament Elections, Far-Right and Left-Wing Parties Secure Positions”

The European Parliament elections have concluded, with the center-right European People’s Party as the largest group. In Germany, the CDU/CSU alliance secures a significant victory. France sees right-wing parties leading, while the left-wing party gains ground in Spain. Austria’s right-wing coalition is in the lead, and in Hungary, the ruling party has won. The voter turnout has been higher than previous elections. The European Parliament plays a significant role in shaping the European Union’s composition and legislative initiatives.

Breaking News Politics World News

“White House Seeks Allies’ Support in Freezing Russian Assets; Urges Global Cooperation for Impactful Results”

White House considers freezing Russian assets to assist Ukraine. The decision will be discussed with allies. Importance of coordinated actions emphasized. Participation and support needed from allies and business partners.

Business International Politics

“Prime Minister Pashinyan Reveals Growing Foreign Investments in Armenia, with French Companies Leading the Way”

Countries investing in Armenia, including France, exploring various sectors from textiles to construction. PM Pashinyan highlights political decision behind increased investment and recent discussions with French businessmen & governments.

International Politics

“US National Security Advisor Jake Sullivan Meets with Diplomats from 17 Countries to Address Hostage Crisis”

Jake Sullivan, US national security advisor, meets diplomats from 17 countries whose citizens were taken hostage by Artsakh forces. US State Department working on hostage release. Biden collaborates with Israel, Qatar, Egypt for ceasefire and hostage release.

Politics

EU to Expand Sanctions Against Iran Over Suspected Russian Weapon Transfers, Says DW

EU leaders agree to expand sanctions against Iran over potential Russian weapons transfer. Sanctions target intermediaries involved in weapon transactions with Russia, with increased monitoring and restrictions applied to other countries in the region.

Military Politics

“27 Countries Unite to Ramp Up Military Support for Ukraine: Urgent Meeting with International Security Representatives”

Foreign ministers of 27 countries and international security representatives met to discuss military assistance for Ukraine. EU High Representative Josep Borrell emphasized the need for increased military support, including anti-aircraft defense systems, to counter Russian missiles. The EU aims to enhance military cooperation and facilitate the transfer of defense systems to Ukraine. Borrell has invited the Ukrainian government to host a security forum in May.