From Foreign Waters

  Russia's central bank on Monday raised its key policy rate to 20 per cent from 9.5 per cent amid the Ukrainian crisis. The western countries imposed harsh sanctions against the country, which affected the Russian economy. The central bank also ordered companies to sell 80 per cent of their foreign currency revenues to manage the fallout of harsh economic sanctions. The West pummelled the country with economic sanctions over Russia’s invasion of Ukraine . Reportedly, the central bank said in a statement that external conditions for the Russian economy have drastically changed after Russia invaded Ukraine. The bank further said that the rate hike from 9.5 per cent to 20 per cent will ensure a rise in deposit rates to levels needed to compensate for the increased depreciation and higher inflation. According to Reuters, the central bank will also resume buying gold on the domestic market and ease restrictions on banks' open foreign currency positions. The Russian rouble plu

  Russia had exploded its motives towards Ukraine as it announced ‘Special Military Operations’ in the neighboring country on Thursday. Several nations stook against this action and condemned Russian president Vladimir Putin for the move. Moscow went ahead with the declaration despite the United Nations Security Council once again urging for the de-escalation. This was the second emergency meeting of the organization. As the meeting was going on, Putin announced the operation. Ukraine called it a full scale invasion. The foreign minister of the country Dmytro Kuleba said that the peaceful cities in the country are under strikes. “This is a war of aggression. Ukraine will defend itself and will win,” he tweeted. The United States on the other hand called it an ‘Unproveked and Unjustified attack’ on the neighboring country. President Joe Biden took to Twitter to say that he along with US’ allies will hold Russia accountable for its actions. President Zelenskyy reached out to m

  The trial against former Peruvian President Ollanta Humala, his wife Nadine Heredia, and other defendants in a money laundering case started on Monday. Humala and his wife are accused of money laundering in a scandal involving Brazilian construction giant Odebrecht. They are accused of irregular handling of funds from Odebrecht and OAS companies as well as other financial resources supplied by the Venezuelan Government of then-President Hugo Chávez. The scandal involves allegations that the Brazilian firm would have bribed officials in several Latin American countries in exchange for hefty sub-construction contracts. Former director Jorge Barata acknowledged those allegations against the highest political leaders were true. Humala is the first former leader of Peru standing trial in this case. Humala is also under investigation for money laundering cases involving funding for the electoral campaigns of 2006 and 2011. However, Humala has repeatedly denied the charges. Ollant

  We all love good news and this kind of progress is worth sharing. It’s how I observed that countries develop and arrive at their maximum capacity exclusively by common collaboration, particularly in reality as we know it where Internet and innovation assume focal part being developed. The UAE- Turkey relations are on the cusp of a significant jump as Turkey President Recep Tayyip Erdogan showed up in Abu Dhabi for a two-day state visit. His excursion to the UAE follows a visit to Ankara by His Highness Sheik Mohamed receptacle Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces in November 2021. Mohammed meets Erdogan, says UAE-Turkey economic relations hold great prospects https://t.co/jWql1EuGAd — Gulf Today (@gulftoday) February 16, 2022   Subsequent to encountering quiet for some time, the UAE-Turkey relations have seen a tremendous increase after the milestone visit by the Abu Dhabi Crown Prince. The two nations as of late co

  I want to share this new progress of law in UAE . It’s about the Abu Dhabi distributed a remarkable common marriage and separation regulation, which awards expats living in the emirate the opportunity to appreciate common family standards under mainstream lawful structure without precedent for the district rather than Shariah rules.   102 couples have tied the knot in the UAE Capital since the implementation of the new law in February #newabudhabilaw #newuaelaw #UAE #civilwedding #valentinesday https://t.co/O96pJYpgpi — Khaleej Times (@khaleejtimes) February 14, 2022 The best in class regulation presented moderate and liberal social equality without precedent for the district by embracing the accompanying common ideas. The new regulation likewise eliminated semantic obstructions in court suit by abrogating the weight of making an interpretation of English reports into Arabic. It likewise permitted the gatherings to continue with whole court procedures in English. This c

  I want to share something interesting about what I read today. It’s how three Abu Dhabi understudies have imagined a gadget that can save youngsters from suffocating in pools. The understudies from Applied Technology High Schools, which is partnered with the Abu Dhabi Center for Technical and Vocational Education and Training, introduced many activities in the field of advanced mechanics, water protection, energy age, search and salvage, programmed firefighting, adornments industry and clinical help.   It’s amazing how it was essential for the specialized and professional schooling and preparing Innovation Week 2022, which ran from January 31 to February 3 at the Abu Dhabi National Exhibition Center (ADNEC) and the Institute of Applied Technology . Three Abu Dhabi students have invented a device that can save children from drowning in swimming pools. https://t.co/r8kMfx0xko — Edarabia.com (@edarabia) February 7, 2022   Three Emirati understudies, Nawar Al-Muhairi, Shams

  Women who participated in protests demanding women’s rights in Afghanistan are gone missing. Deborah Lyons, the top United Nations ambassador in Afghanistan, met with the Taliban leadership on February 8 and expressed concerns over women's safety. The UN has raised alarm about a pattern of reprisals against activists, journalists, former government officials and security forces in Afghanistan after the Taliban took over Kabul in August. The UN also asked for information from the Taliban on this matter. Lyons also raised concern over missing Afghan women activists. Lyons said that Afghan women activists disappeared from their homes and the streets of Kabul in recent weeks. However, the Taliban denied that they were holding them hostage. The BBC also investigated multiple incidents that have taken place recently in Afghanistan. Women activists, who were active in raising concerns about human rights issues, have gone missing in recent weeks. From Women This Week: firs

  I want to share something interesting about what I read today. It’s how the Hope Probe has circumnavigated the Red Planet more than 170 times after the noteworthy Mars Orbit Insertion (MOI) on February 9, 2021.   Looking back, This was uncovered on the event of the initial commemoration of Hope Prob e's fruitful passage into Mars' circle denoting a noteworthy accomplishment for the Emirates and the Arab world.   #UAE celebrates first Hope Probe anniversary on Wednesday Emirates Mars Mission, the first Arab interplanetary mission, yields rare images and data https://t.co/XqxxlPF3fq — Gulf News (@gulf_news) February 8, 2022 Imagine that the Hope Probe effectively arrived at the Red Planet's circle at 19:42 on February 9, 2021, finishing one of the most mind boggling and complicated phases of its central goal, after a 493 million kilometer, seven-month venture through space.   On this achievement event, no wonder that it is denoting a remarkable accomplish

  The French government on Saturday introduced a new body to reshape Islam in France to lead the largest Muslim community in western Europe. The new reform is a part of President Emmanuel Macron ’s efforts to get rid of extremism from the country. The new body, The Forum of Islam in France leadership will be made up of clergy and lay people to help the Muslim community in western Europe. The government will pick all the members of the forum. The government-appointed clergy will include imams, prominent figures from civil society, intellectuals, and business leaders. At least a quarter of the body will be made up of women. The new forum will replace the French Council of Muslim Faith. The council was formed in 2003 to act as a mediator between the French government and the French Muslim community. Interior Minister Gerald Darmanin said that the council will dissolve soon as it is unable to tackle Islamist extremism. The interior minister reportedly said, “We want to trigger a revo

In a surprisingly balancing equation, while the whole world has denounced the Winter Olympics, Mohamed bin Zayed of UAE has arrived in Beijing to attend the event. His Highness, Crown Prince of AbuDhabi and Deputy Supreme Commander of the UAE Armed Forces came in response to an invite he received from Chinese counterpart, President Xi Jinping. The reasons are simply trade related. While Europe and many other nations have decided to show no diplomatic presence at the Olympics, UAE is showing its friendship with His Highness making a personal appearance.   Nearly two-thirds of Chinese exports to Europe, the Middle East and Africa pass through Emirati ports. In recent years, Chinese state-owned companies have played a significant role as builders, owners, and operators of terminals and other port infrastructure in the Gulf.   The flame was held by a soldier from the Chinese Army and the games kicked-off in great spirit of sportsmanship. This is after a span of 14 years that China

  I want to share something interesting about what I read today. It’s how the declaration by the Abu Dhabi National Oil Company ( Adnoc ) to give work to the closest relative to the survivors of the Houthi assault on January 17 at a fuel stop in Mussafah and the affirmation to subsidize the schooling of their kids is a genuine illustration of how the UAE shows others how its done in philanthropic issues.   UAE's ADNOC announces 1st gas find in Abu Dhabi offshore blocks https://t.co/9yH1CoB0vt pic.twitter.com/BoJB3W3J6H — Reuters (@Reuters) February 3, 2022 For me, the nation mincing no words about how it expects to manage the assaults at an international level on the world stage and has effectively gotten going a decided game plan, it likewise doesn't disregard individual worries. On account of the two Indian drivers who were killed, both hailing from Punjab, Adnoc moved rapidly to guarantee that the sadness stricken families don't need to experience more hardship

Chile has been witnessing protestos for over months against the government for not giving them proper rights and amenities to survive during the pandemic. But this time the demand they kept before them was related to immigration . On Sunday, some of the violent protestors marched towards the migrant camps and destroyed them amid the already increasing tensions over border controls. Many pictures that were circulated in social media showed how protestors broke the tent structures and beddings in the northern city of Iquique of the migrant workers. It was found that many migrants kept on entering Chile despite border restrictions. The Chilean government had already announced covid-19 protocols in border areas but some of the migrants kept on coming from Venezuela and many other neighboring countries to Chile. Anti-immigrant extremists in Chile attacked migrant camps during protests on Sunday https://t.co/GDLHgMSlcE — Dr. Reece Jones (@ReeceJonesUH) January 31, 2022 This majorl