KTM City Posts

During the US President's visit to Saudi Arabia, 18 agreements were signed between the two countries in the field of energy, investment, communication, and health. Saudi Arabia and the US will collaborate on other future industries too, including 5G networks, advanced cyber security, and space exploration. The Saudi ministers of energy, investment, communications and health have concluded 18 agreements with their US counterparts. The agreements unlock new avenues for joint cooperation in investment, energy, information and communications technology, space and health. They align with the Saudi Vision 2030 reform plan, which seeks investment opportunities in promising sectors. Thirteen of the agreements, signed during US President Joe Biden’s visit to the Kingdom, were made with the Ministry of Investment, the Royal Commission for Jubail and Yanbu, and numerous private sector companies. They include a group of leading American companies such as Boeing Aerospace, Raytheon ...

Italian Prime Minister Mario Draghi has resigned after the alliance broke down. Prime Minister Mario Draghi has resigned, saying he was in the minority after Democratic Alliance partner Five Star withdrew its vote of confidence. Draghi, a former head of the European Central Bank, has led the Italian government since February 2021. In a statement issued on Friday morning, he said the treaty of confidence in the survival of the coalition government had been broken. Meanwhile, President Sergio Matarella has rejected the resignation of Prime Minister Draghi and called for reconsideration. In the past decade, Draghi, Italy's sixth prime minister, has led Italy to a post-Covid-19 epidemic recovery. Draghi was praised for playing an important role in saving the country from epidemic instability.  The President has also called on Draghi to address Parliament to present a clear picture of the political situation.

The world famous social media company Twitter has started a legal battle against Elon Musk. Twitter has filed a lawsuit against Musk asking the Delaware court to complete the $44 billion merger in accordance with the agreement.  The lawsuit was filed against Elon Musk after he announced that he was leaving Twitter for not providing information about the number of fake and spam accounts. Musk was ranked 25th in Forbes' list of the world's richest people and ranked first in the 'Most Innovative Leader' of 2019. It has been requested to give him an order to complete the agreement at the rate of 54.20 dollars per share. According to international media, Musk was accused of violating the terms of the agreement by withdrawing from the agreement due to lack of fulfilling his personal interests. Brett Taylor, chairman of the Twitter company, said Musk should be held accountable. It has been alleged that after the Twitter deal, the shares of Tesla company as well as ...

 Sri Lankan President Gotabaya Rajapaksa, who fled to Singapore after the agitation broke out, has resigned. Protesters are happy with the news of his resignation.  Rajapaksa has sent a letter of resignation to the speaker via email. The speaker has said that he will officially announce his resignation on Friday after completing all the procedures. He is said to have left the country before resigning because of fear of arrest. Singapore says Rajapaksa has not sought asylum. The Ministry of Foreign Affairs of Singapore clarified that Rajapaksa was allowed to enter but not granted asylum. Ranil wickremesinghe, who was the Prime Minister, has been made Acting President while Rajapaksa was on the run, . However, he must be sworn in to formally become the interim president.

Sri Lankan President Gotabaya Rajapaksa, who fled the country after the country's severe economic crisis spiraled out of control, has arrived in Singapore from the Maldives to seek asylum. Rajapaksa reached Male, the capital of the Maldives, from Colombo, the capital of Sri Lanka, and reached Singapore early on Wednesday morning. According to the Sri Lankan Army, the then President Rajapaksa was taken to the Maldives on the order and approval of the Ministry of Defense.The army has made it clear that the work was done on the orders of the existing higher authorities. All four of them were flown from Katunayake International Airport in Sri Lanka to Velana International Airport in Maldives. A state of emergency has been declared in Sri Lanka to prevent violence from further angry demonstrations following the news that Rajapaksa has left the country.

One of the World's Richest Person in the World, Bill Gates has announced to donate all his wealth to Gates Foundation in future and he will also drop his name from Rich list. This month, Bill gates will also transfer $20 Billion dollar to the foundation.  He says, "As I look to the future, I plan to give virtually all of my wealth to the foundation. I will move down and eventually off of the list of the world’s richest people."