Paraguay's ex-President Peña and former central bank chief charged over Ueno Bank collapse
Prosecutors in Paraguay have charged former President Santiago Peña and ex-central bank chief Carlos Carvallo Spalding over the collapse of ...
India and Myanmar are expanding cooperation on rare earths as New Delhi seeks to reduce its reliance on China for critical minerals. The move follows a series of Indian visits to Myanmar and comes amid growing global competition for resources used in clean energy and high-tech industries.
Speaking at the opening of a mining forum in Mandalay on Wednesday (22 July), India's Ambassador to Myanmar, Abhay Thakur, said bilateral cooperation in mining had gained significant momentum over the past two years. He highlighted visits by two Indian delegations focused on rare earths and critical minerals in December 2024 and February 2026, adding that the issue also received high-level attention during President Min Aung Hlaing's visit to India earlier this year.
Thakur said India's growing demand for critical minerals, combined with Myanmar's mining potential, creates "win-win" opportunities for both countries in the short and long term.
Myanmar is a key player in the global rare earths supply chain. Nearly half of the world's heavy rare earths are mined in Kachin state before being shipped to China, where they are processed into magnets used in electric vehicles, wind turbines and other advanced technologies.
Reuters has previously reported that India has also sought rare-earth samples through the Kachin Independence Army (KIA), which controls many of Myanmar's main mining areas near the Chinese border.
Thakur said several Indian companies attended the Mandalay mining forum, including IREL, NTPC Mining, Himadri Specialty, Oceanic Sands, PrNd Metal & Magnets and Jai Puri Holdings. He also said Midwest from India had been actively engaged in Myanmar in recent years, without providing further details.
Democrats' sweeping victory in the U.S. midterm elections has sent technology stocks plunging, as investors fear tougher AI regulations could slow infrastructure development and threaten the boom that has driven market gains this year.
Poland has declared two days of national mourning after a gunman opened fire in Kraków's historic main square. Investigators are examining possible far-right influences and the discovery of three bodies at the suspect's home.
U.S. President Donald Trump has predicted a breakthrough in efforts to end the war in Ukraine after meeting Russian President Vladimir Putin’s envoy, Kirill Dmitriev, ahead of U.S.-mediated peace talks between Moscow and Kyiv in Abu Dhabi on 10-11 November.
Two people, including a child, were killed and 16 others injured when an intercity bus crashed in eastern France on Friday morning, authorities confirmed.
U.S. Defense Secretary Pete Hegseth has vowed to fight attempts to impeach him, dismissing the growing campaign against him as politically motivated amid mounting criticism of his handling of the war in Iran.
Prosecutors in Paraguay have charged former President Santiago Peña and ex-central bank chief Carlos Carvallo Spalding over the collapse of Ueno Bank, and have asked a court to hold both men in pretrial detention.
Poland has declared two days of national mourning after a gunman opened fire in Kraków's historic main square. Investigators are examining possible far-right influences and the discovery of three bodies at the suspect's home.
Paraguay’s Vice President Pedro Alliana has assumed the presidency after the Senate impeached and ousted Santiago Peña amid a banking crisis that sparked widespread political backlash.
New Zealand’s ruling centre-right National Party has taken a narrow lead over the opposition Labour Party in Saturday’s general election, with the country’s current three-party coalition projected to retain power.
Russian forces launched a ballistic missile attack on Kyiv early on Saturday, 7 November, injuring two people and damaging residential buildings, just three days before U.S.-led peace talks with Ukraine and Russia in Abu Dhabi.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment