Southeastern Afghanistan was shaken yesterday by a car bomb which struck a market in Paktika Province, obliterating more than twenty shops, killing at least 89 and wounding approximately 40 others. The attack, which took place in the Orgun district of Paktika, does not appear to have been targeted in the same way as recent car…
Faced with a looming deadline next week, Iran’s Chief Negotiator Abbas Araqchi has conceded to a vital portion of the proposed deal between the P5+1 Powers and Iran, stating they could accept a deal that would freeze their capacity to produce nuclear fuel at current levels for many years, provided that after this the program…
Ongoing nuclear negotiations in Vienna between the P5+1 powers and Iran have faltered in recent weeks as the deadline agreed upon last November rapidly approaches. British Foreign Minister William Hague made a public statement that expressed concern about the gulf of differences that remain on any potential agreement, saying that any deal was far from…
A BRICS Development Bank will be launched this coming week, and expected to become operational in 2016. The new global banking organization will largely be bankrolled by Russia, China and India, three of the five BRICS nations, the other two being Brazil and South Africa. The organization is being developed largely as an alternative to…
To compound already-bursting tensions between Ukraine and Russia, the Russian oil and gas company Gazprom has raised prices to the country by 37% by cancelling a discount and even threatening to cut supplies entirely. This, according to a statement delivered by Ukrainian Energy Minister Yuri Prodan, means that Ukraine will be forced to pay $368.50…
Knife-wielding assailants stormed the Kunming railway station in southeastern China on Saturday, resulting in almost 200 casualties. According to Chinese state media, there were more than ten assailants who were dressed in black and were both men and women. The attack is said to be the most sophisticated yet that has ever occurred outside of…
Ukrainian President Victor Yanukovych has been impeached by more than two thirds of the Ukrainian parliament, capping off a series of events that did away with the controversial president in a matter of days. The impeachment, however, was soon followed up by an even greater indictment of the president’s actions towards the outraged Ukrainian populace,…
The global shale gas boom has barely begun. It is already old news in North America, but emerging markets in Asia have found that demand consistently outstrips supply, due not only to scarcity, but also to underdevelopment of existing resources. One of the largest sources of undeveloped energy and mineral wealth lies in the Caspian…
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