EU Designates Iran’s IRGC as Terrorist Organization, Imposes Sanctions

After the Foreign Affairs Council secured a political agreement on January 29, the European Union formally put Iran’s Islamic Revolutionary Guard Corps (IRGC) on its list of terrorist organizations. As a result of the ruling, the EU’s counterterrorism sanctions framework will now impose restrictions on the Islamic Revolutionary Guard Corps. The listing will result in … Read more

Gold ETF & EM Inflows Signal Rising Speculation, May Impact India’s Economy: Kotak

Gold Crashes 15% — Is the US-Iran War Triggering a Bigger Market Shock?

According to a strategy note by Kotak Institutional Equities, a significant increase in flows into local gold ETFs and emerging market (EM) equity ETFs indicates increased speculative activity and may have broader effects on the Indian economy and markets. Sanjeev Prasad of Kotak Institutional Equities wrote in the most recent note, “Speculating about’speculative’ flows,” that … Read more

Geneva Russia-Ukraine Talks End Without Breakthrough

The most recent round of US-mediated talks between Vladimir Putin’s aides and Volodymyr Zelensky’s team ended in Geneva on Wednesday, February 18, without any significant progress, as Russia’s full-scale invasion of Ukraine nears its fourth anniversary next week. After prior conversations in Abu Dhabi that officials characterized as fruitful but equivocal, the Switzerland meeting was … Read more

Uttar Pradesh Madhyamik Shiksha Parishad Exams Begin; Students Welcomed with Flower Showers

Today marks the start of the UP Board’s 10th and 12th grade examinations. Exam centers are starting to receive students. This year, there are 53,37,778 registered candidates, comprising 25,76,082 intermediate pupils and 27,61,696 high school students. Today marks the start of the 10th and 12th grade board exams administered by the Uttar Pradesh Board of … Read more

Warren Buffett’s Berkshire Hathaway Cuts Amazon Stake, Bets $351M on The New York Times Company

Amazon Cuts USPS—What It Means for Your Deliveries

According to Bloomberg, which cited SEC filings on February 17, Berkshire Hathaway Inc., the company of renowned investor Warren Buffett, cut its ownership of the tech and retail behemoth Amazon by more than 75% in Q4 and invested $351.7 million in the New York Times Company. Before he turned the helm over to successor Greg … Read more