International

China and Brazil to Settle Trade in Local Currencies

By BPN News Desk April 7, 2025

China and Brazil have officially decided to conduct their bilateral trade using their respective local currencies—the Chinese yuan and the Brazilian real. This significant policy shift is aimed at reducing dependence on the US dollar and enhancing financial sovereignty between the two BRICS nations. Brazilian officials have confirmed that trade settlements in local

International

Saudi Arabia Temporarily Suspends Visas for 14 Countries, Including India, to Ensure Hajj Safety

By BPN News Desk April 7, 2025

In a move aimed at ensuring the safety and management of this year’s Hajj pilgrimage, Saudi Arabia has temporarily suspended the issuance of Umrah, business, and family visit visas for citizens from 14 countries, including India, Pakistan, and Bangladesh. The decision is effective immediately and will remain in place until mid-June 2025, coinciding with the […]

International

Sri Lanka Releases 14 Indian Fishermen Following Diplomatic Discussions

By BPN News Desk April 7, 2025

Sri Lanka has released 14 Indian fishermen who were detained for allegedly entering Sri Lankan waters, following sustained diplomatic efforts by India. The release comes after a renewed push from Prime Minister Narendra Modi advocating a more humane and collaborative approach to addressing recurring maritime issues between the two nations. The fishermen, who belong to […]

International

President Trump Urges Americans to ‘Hang Tough’ Amid New Tariffs

By BPN News Desk April 6, 2025

President Donald Trump has asked Americans to remain resilient as sweeping new tariffs take effect under his administration’s trade overhaul. Framing the move as part of an “economic revolution,” Trump insisted that the temporary discomfort caused by these measures would ultimately benefit the nation by restoring manufacturing strength and correcting trade imbalances. On

International

Germany Considers Repatriating Gold Reserves Amid Policy Concerns in U.S.

By BPN News Desk April 6, 2025

Germany is seriously weighing the prospect of moving a large share of its gold reserves out of the United States amid rising concerns over the unpredictability of U.S. economic and political policies. Nearly 1,200 tonnes of German gold—around 30% of its total reserves—are currently held in the vaults of the U.S. Federal Reserve in New […]

International

JPMorgan Forecasts U.S. Recession by End of 2025 Due to New Tariffs

By BPN News Desk April 5, 2025

JPMorgan Chase & Co. has predicted that the United States could enter a recession by the end of 2025, attributing this economic forecast to the impact of a sweeping new tariff policy introduced by former President Donald Trump. The proposal includes a blanket 10% tariff on all imports and significantly higher levies for countries with […]

International

US Tariffs Disrupt Indian Exports as Buyers Demand Discounts

By BPN News Desk April 5, 2025

Indian exporters are facing mounting challenges as the United States’ newly imposed 26% reciprocal tariff on Indian goods takes effect. In response, US buyers are seeking immediate price reductions of 15% to 20% on existing export contracts. The move has led to widespread uncertainty, with multiple orders now placed on hold and the risk of […]

International

Prime Minister Modi and Bangladesh’s Chief Adviser Yunus Discuss Minority Protection and Bilateral Relations

By BPN News Desk April 5, 2025

Prime Minister Narendra Modi held a high-level meeting with Bangladesh’s Chief Adviser Muhammad Yunus on the sidelines of the BIMSTEC summit in Bangkok. This was their first official interaction since Sheikh Hasina’s government was ousted in August 2024. At the center of the talks was India’s concern over attacks on minority communities in Bangladesh and […]

International

Macron Urges EU to Halt US Investments Amid Tariff Dispute

By BPN News Desk April 4, 2025

French President Emmanuel Macron has urged European Union businesses to suspend planned investments in the United States following a new wave of tariffs imposed by the US administration. The move is part of a broader strategy to present a united European response to what Macron described as unjustified and unilateral trade actions. Macron emphasized that […]

International

South Korea’s Constitutional Court Removes President Yoon Suk Yeol Over Martial Law Declaration

By BPN News Desk April 4, 2025

In a historic decision, South Korea’s Constitutional Court has unanimously voted to remove President Yoon Suk Yeol from office. The ruling came after the court found his December 2024 declaration of martial law to be unconstitutional and a direct assault on the democratic order. The court deemed the action a serious breach of presidential duties […]