Top headlines from March 16:
US Fed to raise interest rates for combating inflation
US central lenders on Wednesday are self-assured to take the first step to increase borrowing prices in a bid to check rising inflation before it rises out of control. The Federal Reserve will have to step on a tightrope to assure its actions don’t derail the recovery from the COVID-19 pandemic as Russia’s attack on Ukraine shows new suspicion in an economy crushed by supply chain snarls and labour scarcities. Read here
I am not anti-India, I am just against their policies: Pak PM Imran Khan
Pakistani Prime Minister Imran Khan on Tuesday welcomed the opposition parties – Noon League, PPP, Zardari, Fazal-ur-Rehman Diesel for forming a union against him and moving a no-confidence motion. This has taken the Pakistani’s mind away from the inflating prices of potatoes and tomatoes. Read here
World must end addiction to Russian oil and gas: UK PM Boris Johnson
British Prime Minister Boris Johnson announced a mission to construct an international coalition against Russia and get off reliance on its oil and gas exports in revolt against the war with Ukraine, as he confirmed a visit to the Gulf region on Wednesday. Read here
US Senate orders probe against Russian president Vladimir Putin
The United States Senate approved in complete accordance a resolution to seek investigations of Russian President Putin and his strategic planning for a war against Ukraine on 24th February 2022. Read here
Pakistan tried to launch missile in retaliation towards India: Report
According to a report by Bloomberg, Pakistan on Wednesday nearly fired a missile towards India in retaliation to India’s accidentally fired missile. Pakistan was fully prepared to launch a similar missile towards India but halted its plans as something was amiss, as per the report. Read here
Gautam Adani surpasses Elon Musk in terms of wealth addition in FY21: Report
Gautam Adani, India’s and Asia’s second-richest person, got USD 49 billion added to his wealth last year – more than the net expansion of wealth by the top three global billionaires Elon Musk, Jeff Bezos and Bernard Arnault, the 2022 M3M Hurun Global Rich List revealed on Wednesday. Read here
Peace is more important than income: Volodymyr Zelenskyy to US Congress
On Wednesday, March 16, Ukrainian President Volodymyr Zelenskyy addressed the US Congress. Zelenskyy cited the Pearl Harbor & 9/11 terror attacks as he urged the US for more help against Russia. Read here
Russia will achieve its goal in Ukraine: President Vladimir Putin
President Vladimir Putin stated on Wednesday that Russia would meet its goal in Ukraine and would not submit to what he described as a Western attempt to achieve world hegemony and dismember Russia. Read here
ICJ orders Russia to withdraw its military operations from Ukraine
The United Nations’ highest court, the International Court of Justice (ICJ) on Wednesday instructed Russia to withdraw its military operations in Ukraine. By 13-2 votes, the Russian Federation will soon withdraw military activities that it began on February 24, the decision declared. Read here
