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US report sees bleak chances of Indo-Pak rapprochement

A U.S. intelligence report has claimed challenges facing South Asia will grow in 2019 because of elections in India and Afghanistan and Pakistan’s “non-cooperation” in dealing with militant groups. World Threat Assessment report by the U.S. Directorate of National Intelligence noted...

Ireland's Lane only candidate for ECB chief economist

The governor of the Irish central bank, Philip Lane, is the only candidate to take over the highly influential role of chief economist of the ECB, a Eurogroup statement said Wednesday. Barring a major upset, Lane, who holds a PhD in economics, will take over from Belgian Peter Praet on May...

US warns against trade with Venezuelan government

The U.S. issued a stern ultimatum to the international business community Wednesday, warning against commodity-based trade with the Venezuelan government, just two days after Washington blacklisted Venezuela's state-owned oil company. "My advice to bankers, brokers, traders, facilitators,...

Russia ‘ready’ to mediate in Venezuela peace efforts

Russia is ready to participate in international efforts regarding the settlement of the Venezuelan crisis, the country's foreign minister said on Wednesday. However, all initiatives for mediation must be impartial, Sergey Lavrov told a news conference following a meeting with his Iraqi...