Indonesian palm oil faces major stranded asset risks due to Paris Agreement
Politics

Indonesian palm oil faces major stranded asset risks due to Paris Agreement

According to new research, 22 million acres of land in Indonesia earmarked for palm oil cultivation may become stranded assets if investments and regulations shift in support of the Paris Climate Agreement. Climate risk analysis firm Orbitas warns the threat to Indonesian palm oil producers and investors who pursue unsustainable production will be severe if world governments and financial markets address deforestation's role in climate change. The production of palm oil in Indonesia accounts for 72 percent of global production. Palm oil plantations in Indonesia have repeatedly come under f

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India’s Presidency of the UNSC Strengthens Its Role in World Affairs
Politics

India’s Presidency of the UNSC Strengthens Its Role in World Affairs

India concluded its presidency of the United Nations Security Council for August. With the significant strides made under Indian stewardship August was busiest and probably most productive for the Security Council. The permanent representative of India to the United Nations Mr. T.S. Trimurti said that India managed to achieve almost all of what they had set out along with successfully handling the expected and unexpected challenges that came their way. During India’s presidency they had ‘14 outcome documents’, out of them five were UNSC resolutions. The country held three major signa

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After Military Coup, West African Regional Bloc Suspends Guinea’s Membership
Politics

After Military Coup, West African Regional Bloc Suspends Guinea’s Membership

On Wednesday, after the military coup that ousted President Alpha Conde, west Africa’s main political and economic bloc suspended Guinea’s membership. Mamady Doumbouya, Guinea’s coup leader, pledged to install an unfinished, transitional government. The details about how and when for the same were not mentioned. Economic Community of West African States (ECOWAS) leaders from the 15 members demanded a return to the constitutional order and immediate release of the president during the virtual meeting. Burkina Faso’s Foreign Minister Alpha Barry said that they agreed to send a high-l

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Taliban Announces Hardline Government As Protests Grow
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Taliban Announces Hardline Government As Protests Grow

On Tuesday, the Taliban announced their government with an Un-Blacklisted veteran of the hardline movement in the top role. It came weeks after they swept to power and toppled the US-backed president. In the transition of the Taliban from militant force to governing power of Afghanistan, two people were shot dead in the western city of Herat amid security officials grappling with a growing number of protests against its rule. A spokesman said at a press conference that a senior minister, Mullah Mohammad Hassan Akhund was appointed as an acting prime minister. All the top positions were

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South Africa’s Former President Zuma Placed On Medical Parole
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South Africa’s Former President Zuma Placed On Medical Parole

On Sunday, South Africa’s former President Jacob Zuma was placed on medical parole due to his ill health. He was jailed for defying a Constitutional Court order to give evidence on an inquiry investigating high-level corruption during his nine years in office. He was imprisoned in early July after he handed himself in on July7. The government’s correctional services department announced on Sunday that the medical parole placement for the former president meant that he will complete the remainder of the sentence in the system of community corrections, whereby he must comply with a speci

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Japan’s COVID-19 Minister Kono Popular With Voter For PM
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Japan’s COVID-19 Minister Kono Popular With Voter For PM

Japan’s minister Taro Kono, in charge of fighting COVID-19 is the top choice of voters for Japan’s prime minister. He might also pick up the backing of a popular ruling party heavyweight in the race for party leader. After the shocking announcement by Prime Minister Yoshihide Suga to step down from his post, a ruling Liberal Democratic Celebration (LDP) management race was set for September 29. Many candidates will be contemplating runs along with two ladies. The winner will turn out to be the prime minister after the LDP’s majority in parliament. Kono is a lengthy favored candida

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Malaysia’s PM Left With Slim Majority As PH Offers Only To Abstain In Confidence Votes
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Malaysia’s PM Left With Slim Majority As PH Offers Only To Abstain In Confidence Votes

The Malaysian Prime Minister Ismail Sabri Yaakob left with a slim majority as Pakatan Harapan (PH) offered only to abstain in confidence votes. His administration’s controversial move to back away from the confidence motion requested by Malaysia's King in exchange for several reform and COVID-19 initiatives. A statement from the official sources said that the main opposition coalition had handed in a draft agreement on the abstention offer ahead of the Cabinet meeting last week. It was decided to set up a ministerial committee that involved all the major ruling parties in the government

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Soldiers Claim To Seize Power In Guinea
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Soldiers Claim To Seize Power In Guinea

An unverified video is circulated where Guinea’s President Alpha Conde is seen surrounded by the soldiers who claim to seize power of the nation. The video appeared on national television and claimed to have dissolved the government. The defense ministry contradicted the video and said the attempted takeover had been thwarted by the presidential guard. Meanwhile, hours of heavy gunfire near the presidential palace in the capital Conakry was heard. The immediate release of President Conde is demanded by the UN secretary Antonio Guterres and the African Union. They also condemned the ac

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Taliban Expected To Announce New Government
Politics

Taliban Expected To Announce New Government

The Taliban is expected to announce its new government in Afghanistan today. The chaos in the country has deepened and aid experts warned the country of imminent economic collapse. The agency said the cabinet could be presented after the morning prayer on Friday. The Taliban official Ahmadullah Muttaqi took to his social media account to announce that a ceremony was being prepared at the presidential palace in Kabul. A private broadcaster said that supreme leader Haibatullah Akhundzada will have the ultimate power in the new governing council and will have a president below him. The new

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Japan’s Suga To Step Down As Prime Minister
Politics

Japan’s Suga To Step Down As Prime Minister

Japan’s Prime Minister Yoshihide Suga signaled the end of his tenure and announced that he will not run reelection as the party leader for this month. He was appointed as the Prime Minister not more than a year ago after the resignation of Shinzo Abe. Due to the approval rating dropping to an all-time low for the current prime minister, Mr. Suga announced this shocking news. He said that he wants to focus on anti-coronavirus measures and does not want to run the elections. Japan is currently under a state of emergency amid the worst ever covid wave. More than 1.5 million cases have be

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