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Modi takes a gamble with money reform

Earlier this month, Indian Prime Minister Narendra Modi banned 500- and 1,000-rupee notes to crack down on corruption and counterfeit currency. Recently the Indian government halted the exchange of old notes at bank counters, writes an editorial piece of Global Times. As more than 90 percent of transactions in India are made with cash, banning […]

New massive blaze erupts near Jerusalem

JERUSALEM, Nov. 26 (NsNewsWire) — A new massive forest fire broke out late Friday near Jerusalem, while tens of thousands of people in the northern Israel were allowed to return home amidst a wave of wildfires. The entire community of Nataf, which lies in Jerusalem hills, was evacuated for the second time on Friday since […]

No indication future U.S. gov’t to quit WTO: chief

GENEVA, Nov. 26 (NsNewsWire) — Director-General of the World Trade Organization (WTO) Roberto Azevedo on Thursday told reporters he hasn’t received any information regarding the future U.S. government withdrawing from the trade body. He said he was convinced the WTO would continue to be an important partner for the United States, reports Xinhua. Speaking to […]

Iraqi forces continue fighting IS militants in Mosul

BAGHDAD, Nov. 26 (NsNewsWire) — Iraqi security forces on Friday continued heavy fighting against the Islamic State (IS) militants in the city of Mosul and so far the troops have freed a total of 20 districts in eastern part of the city, after more than a month since a major offensive was launched to drive […]

Why does Russian propaganda vex the EU?

Donald Trump‘s presidential election win has raised people’s expectation of an improvement in US-Russian relations. At this critical juncture, a new round of friction between Russia and the West emerged over recent Moscow’s deployment of state-of-the-art missiles in its Baltic Sea exclave of Kaliningrad. NATO on Tuesday lashed out at Russia’s move, saying it is […]

Aussie Nobel Prize winner develops drug to counter allergies, asthma

MELBOURNE, Nov. 25 (Xinhua) — An Australian Nobel Prize-winning scientist has turned his attention to developing a drug to counter allergies and asthma. Barry Marshall, a microbiology professor at the University of Western Australia (UWA) who won the Nobel Prize in Physiology or Medicine in 2005 for stomach ulcer research, is working on the medication, […]

UN chief concerned about situation deterioration in Kashmir

UNITED NATIONS, Nov. 25 (NsNewsWire) — UN Secretary-General Ban Ki-moon on Thursday expressed his deep concern over the deterioration of the situation along the Line of Control (LoC) in Kashmir in recent days. LoC is a de facto border that divides Kashmir into India and Pakistan controlled parts. Pakistan military said on Wednesday that Indians […]

China’s development an opportunity for Europe, world — Chinese vice premier

HAMBURG, Germany, Nov. 25 (NsNewsWire) — China’s development is an opportunity for Europe and the world, Chinese Vice Premier Liu Yandong said here Thursday. “China’s Belt and Road Initiative is to turn China’s opportunities into opportunities for the world and to achieve common development through win-win cooperation,” Liu said when addressing the closing ceremony of […]

S.Korean president’s approval rating falls to new record low at 4 pct

SEOUL, Nov. 25 (Xinhua) — South Korean President Park Geun-hye saw her approval rating fall to a new record low, dragging down the support for the ruling Saenuri Party. According to a weekly survey by Gallup Korea released on Friday, only 4 percent of respondents supported Park, posting the lowest for any South Korean president. […]