International

China Accuses Taiwan of Surrendering Semiconductor Industry to U.S.

By BPN News Desk February 26, 2025

In a recent development, China has accused Taiwan of intending to transfer its semiconductor industry to the United States as a “souvenir” to gain political backing from Washington. This assertion follows media reports suggesting that Taiwan Semiconductor Manufacturing Co (TSMC), the world’s leading contract chipmaker and a key supplier to tech giants

International

Ukraine’s Reconstruction Needs Escalate to $524 Billion Amid Ongoing Conflict

By BPN News Desk February 26, 2025

Ukraine’s reconstruction and recovery costs have surged to an estimated $524 billion, marking a sharp rise from last year’s projection of $486 billion. This assessment, covering damages until December 31, indicates widespread destruction across critical sectors, with housing, transport, energy, commerce, and education being the most severely affected. The prolonged

International

Pakistan and Bangladesh Initiate Direct Rice Trade

By BPN News Desk February 26, 2025

In a significant development, Pakistan and Bangladesh have commenced direct government-to-government trade, marking a new chapter in their bilateral relations. This initiative begins with Bangladesh importing 50,000 tonnes of rice from Pakistan, as confirmed by Ziauddin Ahmed, a senior official at Bangladesh’s food ministry. He stated, “For the first time we

International

Ukraine and U.S. Set to Sign Joint Minerals Development Deal

By BPN News Desk February 26, 2025

Ukraine has agreed to a minerals deal with the United States, with the signing ceremony expected this Friday in Washington, D.C. The agreement focuses on the joint development of Ukraine’s mineral resources, particularly rare earth elements, which are crucial for various technologies. Under the deal, revenues from these resources will be allocated to a newly […]

International

U.S. Halts FCPA Enforcement: European Businesses Face New Compliance Challenges

By BPN News Desk February 26, 2025

The United States’ recent decision to suspend enforcement of the Foreign Corrupt Practices Act (FCPA) has significant implications for international business operations, particularly affecting European companies. This move signals a shift away from the U.S.’s traditional role in global anti-corruption efforts, raising concerns among European prosecutors about

International

World Bank Criticizes Pakistan’s Military-Led Energy Contract Renegotiations

By BPN News Desk February 25, 2025

The World Bank’s private finance division has expressed strong disapproval of Pakistan’s military-led efforts to renegotiate existing wind and solar power agreements. In a formal communication, the institution highlighted concerns regarding the potential negative impact of such actions on investor confidence and the future of foreign investments in

International

Bangladesh Responds to Misreported USAID Funding Allegations

By BPN News Desk February 25, 2025

Bangladesh has strongly refuted claims that USAID allocated $21 million to support voter turnout efforts in India, clarifying that the funding was designated for local political engagement programs within Bangladesh. The controversy arose following assertions that the funds were misdirected, prompting concerns over foreign interference in regional elections. Official

International

President Trump Confirms Tariffs on Canada and Mexico

By BPN News Desk February 25, 2025

President Donald Trump has announced that tariffs on imports from Canada and Mexico will commence next month, concluding a month-long suspension. This decision aims to address trade imbalances and encourage fair trade practices between the United States and its North American neighbors. Details of the Tariff Implementation The tariffs will impose a 25% duty on […]

International

U.S. Aligns with Russia in UN Vote on Ukraine Resolution; Allies Concerned

By BPN News Desk February 25, 2025

In a significant departure from its traditional alliances, the United States, under President Donald Trump’s administration, voted against a United Nations resolution condemning Russia’s actions in Ukraine. This move has raised concerns among European allies and marks a notable shift in U.S. foreign policy. The resolution, backed by European nations, sought to

International

India’s Integral Role in UN Peacekeeping

By BPN News Desk February 24, 2025

India has long been a cornerstone of United Nations peacekeeping operations, consistently contributing both troops and police personnel to various missions worldwide. This enduring commitment underscores India’s dedication to global peace and security. Indispensable Contributions of Indian Women Peacekeepers Indian women peacekeepers have proven to be indispensable