Asia Indonesia After a 7,7 magnitude earthquake hit Flores, the scientific community said consecutive major earthquakes, (like Venezuela, Colombia) are normal: global earthquake rates remain steady, averaging about 16 major earthquakes, magnitude 7 or higher, each year
Asia Pakistan The federal cabinet has decided to issue Sukuk bonds in local and international markets on 40 assets, such as highways, land and hotels, and impose higher taxes on the richer to provide relief to the poorer, burdened by unprecedented inflation
America Argentina Over the last month, the country’s fiscal deficit increased by 200% due to the extra costs the government had to cover given by soaring prices of energy and common goods
America Belize In Јunе 2021 a 10% ѕаlаrу rеduсtіоn wаѕ іmрlеmеntеd аѕ a соѕt ѕаvіng mеаѕurе, аnd wаѕ to remain in рlасе fоr thrее уеаrѕ, but іѕ now being restored since the government has fulfilled its cost saving objectives
Africa Ethiopia Domestic wheat production is expected to increase by 70% this year following the campaign aimed at strengthening cultivation to curb supply chain problems related to the war in Ukraine and domestic drought - the Ministry of Agriculture announced
Asia Tajikistan The country ranks third as a world producer of antimony, essential for the manufacturing of ammunition and bullets; an article by Bryant Harris published in DefenseNews on 8 June points out that local supply is crucial to the US
Europe Hungary The country rose three places to 39th in the Swiss think tank IMD's World Competitiveness 2022 ranking; the Hungarian National Competitiveness Council started its work in 2017, when Hungary was ranked 52nd by IMD
America Chile As the state is implementing new legislation to increase mining royalties in order to fund education and healthcare, mining companies expressed their concerns and fear a negative impact on investment attraction
Europe Czech Republic According to a survey conducted by In IUSTIA, 76% of disabled people have experienced some form of violence in the last five years and only a fraction of those who have been assaulted have reported to the police
Asia Bahrain Bahrain's sovereign wealth fund Mumtalakat, which holds a 60 per cent stake in McLaren, expects the British racing team and supercar manufacturer to go public within two to three years, as stated by its CEO
America Colombia Gustavo Petro has officially been elected as the country’s first ever left-winged president
America Peru The government has implemented the ‘Trabaja Peru’ programme that will give over 8.200 low-income individuals that have suffered from a natural catastrophe a new job, which will additionally consist in aiding local municipalities that lack personnel
Asia Armenia Economy Minister Vahan Kerobyan has signed a memorandum with Russia's Ministry of Economic Development on the creation of a centre for strategic development in Armenia
Europe Kosovo The government signed with Albania 19 new agreements and memoranda concerning the free movement of people and goods, as well as education, trade and tourism issues, at the eighth bilateral meeting