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What is force majeure and why have some Gulf countries invoked it during the Iran vs US-Israel war? As the Middle East conflict between Iran, the United States and Israel intensifies, a legal term rarely discussed outside corporate boardrooms has suddenly become headline news and that is force majeure. Several Gulf energy producers, including Qatar,…
In Sweden, work is something you do, not who you are. The Swedish culture is built around the idea that a happy human makes a better worker. While the official week is 40 hours, flexibility is the default setting, not a perk. The crown jewel of their system is the staggering 480 days of paid…
As tensions in the Middle East continue to boil, the ripple effects are being felt across global oil markets. Disruptions around the Strait of Hormuz, one of the world’s most vital oil transit routes, have thrown supply chains into uncertainty, prompting governments and refiners worldwide to rush in search of alternatives. The International Energy Agency…
US President Donald Trump claimed that Iran had positioned around 1,200 missiles aimed at several Middle Eastern countries as tensions escalate following fresh threats from Iran’s newly appointed supreme leader Mojtaba Khamenei.Speaking in an interview on Fox’s The Brian Kilmeade Show, Trump alleged that Tehran had been preparing to dominate the region militarily.“Iran had thousands…
NEW DELHI: As part of its tariff pressure, the US Trade Representative has launched a section 301 investigation against 15 countries, including India, to ascertain if there is structural excess capacity and production in manufacturing sectors.Based on the outcome of the probe – which follows US Supreme Court’s rejection of Donald Trump’s reciprocal tariff using…
The effects of this situation will vary across countries, with some economies facing greater strain while others could see limited gains. (AI image) The US-Israel-Iran war has lasted for over 10 days – and with no signs of either side relenting the global economy is feeling the ripple effects of conflict. The economic fallout from…
The United States has initiated new investigations into what it views as unfair trade practices by numerous countries, potentially paving the way for penalties such as additional tariffs, as President Donald Trump looks for alternatives after duties he imposed were struck down by the Supreme Court.The investigation into excess industrial capacity is aimed at India…
The government has eased foreign direct investment (FDI) norms for countries sharing land borders with India, including China, by amending Press Note 3 of 2020, government sources said on Tuesday, reported news agency PTI.The decision was approved at a Union Cabinet meeting chaired by Prime Minister Narendra Modi, sources added.Under Press Note 3 introduced in…
NEW DELHI: Even as tensions escalate across West Asia, queues outside visa application centres for Gulf countries in Delhi show little sign of slowing, with many workers saying economic compulsions leave them little choice but to travel to the restive region.Outside centres processing visas for UAE and Saudi Arabia on Monday, dozens of applicants were…
CBSE postpones Class 12 board exams in Middle East countries CBSE board exams 2026: The Central Board of Secondary Education (CBSE) has postponed the Class 12 board examinations scheduled between March 12 and March 16, 2026 in several Middle East countries. The decision has been taken due to the current situation in parts of the…
