Saudi Arabia and Qatar have agreed to settle Syria’s outstanding $15 million debt to the World Bank, a joint statement from the two countries confirmed. This move will enable the World Bank to approve grants for Syria’s reconstruction and help revive the country’s struggling public sector. Background of the Agreement Earlier this month, Reuters first reported the news of the agreement. This deal marks a significant shift in financial support for Syria, as it is the first known instance of Saudi Arabia providing funds to Syria since the fall of former President Bashar al-Assad’s regime last year. The settlement also…

The Reserve Bank of India’s new rules on bond forwards, set to take effect on May 2, are expected to boost demand for state bonds with maturities between 10 and 15 years. This demand will be driven by wider yield spreads in this segment compared to longer-term bonds, according to market experts. What Are Bond Forwards? Bond forwards are financial contracts where two parties agree to buy or sell a government bond at a set price on a specified future date. This agreement allows investors to lock in future prices, providing a way to manage cash flows and reduce risks…

In a recent interview with TIME Magazine, U.S. President Donald Trump made bold remarks about potential military action against Iran if a deal over its nuclear program is not reached. Trump suggested that the United States could take the lead in striking Iran’s nuclear infrastructure if negotiations with Tehran fail. Trump’s Warning About Potential Conflict During the interview on Friday, President Trump emphasized that the U.S. would “lead the pack” in responding to Iran’s nuclear ambitions if diplomatic efforts do not succeed. He said, “If we don’t make a deal, I’ll be leading the pack.” This statement came amid rising…

In the final debate of Australia’s federal election, Prime Minister Anthony Albanese and Opposition Leader Peter Dutton engaged in a lively exchange, addressing key issues such as trust in US President Donald Trump and the country’s economic future. However, both leaders missed the mark on some critical points. During a tense moment, both leaders expressed surprising confidence in Trump, despite widespread skepticism among Australians and Americans. The debate also featured lighter moments, like a discussion on the price of eggs, but ultimately, neither leader gave a game-changing performance. Albanese and Dutton’s Confidence in Trump Raises Eyebrows The debate kicked off…

Patients in the United States are still struggling to find clear information about the cost of surgeries and medical procedures, even after a new executive order by President Donald Trump in February 2025. The order aimed to force hospitals and insurance companies to publish clear pricing data. However, despite promises and new rules, much of the available information remains confusing and unhelpful for everyday consumers. Experts say the health care system still has a long way to go before patients can easily compare prices and make informed decisions. Background on Price Transparency Efforts In 2019, President Trump issued his first…