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WorldPosted at: Jan 23 2018 6:42PM

Is the next financial crisis in the offing?

Davos, Jan 23 (UNI) As the global markets continue to rise, there are increasing warnings that the world could be on course to another financial crisis.
World stocks hit another all-time high on Tuesday, as relief at a temporary US government funding deal boosted confidence about global growth and corporate earnings. The Indian markets saw a bulls charge, closing at record highs with the key equity indices Sensex and Nifty finishing at respective peaks at 36,139.98 and 11,083.7 points.
"We're still coming out of the last financial crisis," said Kenneth Rogoff, professor of economics, Harvard University, participating in a session at the World Economic Forum annual meeting.

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Indonesia to continue its support for Palestine: FM

26 Apr 2024 | 7:57 PM

Jakarta, April 26 (UNI) Indonesian Foreign Minister Retno Marsudi said on Friday that Indonesia will continue to support Palestine despite that the United States has vetoed to deny Palestine's full membership of the United Nation.

Gunmen kill 4 fishermen in Cameroon's Far North region

26 Apr 2024 | 7:54 PM

Yaoundé, April 26 (UNI) Gunmen have killed at least four fishermen in a raid at a river in Waza, situated in Lake Chad in Cameroon's Far North Region, local and security sources said on Friday.

Hezbollah ambush destroys 2 Israeli vehicles on Lebanon's southern border

26 Apr 2024 | 7:47 PM

Beirut, April 26 (UNI) Hezbollah announced on Friday that it had prepared at dawn an ambush of guided missiles, artillery, and rockets for an Israeli convoy in the occupied Kfarchouba hills southeast of Lebanon.

Pakistani PM to participate in OIC summit in Gambia

26 Apr 2024 | 6:00 PM

Islamabad, April 26 (UNI) Pakistani Prime Minister Shehbaz Sharif will participate in the 15th summit of the Organization of Islamic Cooperation (OIC) to be held in Gambia's capital Banjul from May 4 to May 5, the Pakistani Foreign Ministry said on Friday.

Protests against border delimitation with Azerbaijan resume in Yerevan

26 Apr 2024 | 4:08 PM

Yerevan, April 26 (UNI) Mass protests resumed in Yerevan on Friday against the border delimitation agreement that could see part of Armenian border territories transferred to Azerbaijan, Armenian media outlets reported.