WORLD
Kazakhstan garners support for restoring peace after unrest
The Collective Security Treaty Organization (CSTO), a Moscow-led military alliance, held an extraordinary session via video link on Monday, when leaders of the member states showed solidarity with the Kazakh authorities, reports xinhua news agency. According to President Kassym-Jomart Tokayev, the CSTO has deployed 2,030 peacekeeping troops with 250 pieces of equipment to Kazakhstan to protect key facilities in the country.
Fed chief vows to prevent higher inflation from becoming entrenched
"The economy has rapidly gained strength despite the ongoing pandemic, giving rise to persistent supply and demand imbalances and bottlenecks, and thus to elevated inflation," Powell said in a written testimony prepared for delivery at his confirmation hearing before the Senate Banking Committee on Tuesday.
'Faster US monetary tightening could trigger capital outflows, currency depreciation'
"While the global recovery is projected to continue this year and next, risks to growth remain elevated by the stubbornly resurgent pandemic. Given the risk that this could coincide with faster Fed tightening, emerging economies should prepare for potential bouts of economic turbulence," Stephan Danninger, chief of the IMF's Macro Policies Division in the Strategy Policy and Review Department, said in a blog with his colleagues.
'Faster US monetary tightening could trigger capital outflows, currency depreciation'
"While the global recovery is projected to continue this year and next, risks to growth remain elevated by the stubbornly resurgent pandemic. Given the risk that this could coincide with faster Fed tightening, emerging economies should prepare for potential bouts of economic turbulence," Stephan Danninger, chief of the IMF's Macro Policies Division in the Strategy Policy and Review Department, said in a blog with his colleagues.
IMF asks Pakistan to renegotiate if it wants extension in loan programme
The IMF's latest demands come in the wake of a request by Pakistan to get a three weeks extension in the process of implementing prior actions it committed to implement before the sixth review meeting with the global lender, scheduled for Wednesday. However, the demands have not been accepted by Pakistan.
NATO again warns Russia of further military aggression against Ukraine
Stoltenberg, at the beginning of what he described as an "important week for European security", highlighted the diplomatic efforts underway in search of a solution to prevent an armed conflict, during a joint press conference with Olga Stefanishyna, deputy prime minister for European and Euro-Atlantic integration of Ukraine, reports Ninhua news agency.
New Dutch govt sworn in 299 days after election
Just like the previous one, the new coalition government consists of Rutte's People's Party for Freedom and Democracy (VVD), the Christian Democratic Appeal (CDA), the centre-leftist party Democrats 66 (D66) and the smaller centrist party the Christian Union (CU), reports Xinhua news agency. According to Rutte, his new group of ministers is not comparable with the previous one and has "new impetus".
Iran rules out likelihood of 'interim' agreement in Vienna talks
"We should all try to make sure that the return of the United States to the JCPOA is accompanied by necessary guarantees and verification, and that the lifting of sanctions which should have been done under the JCPOA is done effectively," said Khatibzadeh, adding that none of these can be achieved by an "interim" agreement.
Taliban to resume hiring govt employees, excluding women
Addressing mediapersons here on Monday, officials of the Taliban's Administrative Reform Commission said that they will recruit civil servants through open competition, Khaama Press reported.
Aung San Suu Kyi sentenced to 4 more years in jail
According to a report in the BBC, Monday's convictions stem from when soldiers searched her house on the day of the coup and discovered walkie-talkies. Monday's trial which took place here was closed to the media and Suu Kyi's lawyers have been barred from communicating with the media and public.
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