Author: Ronit Parekh

On Thursday, Brazil’s top electoral court began hearing the case against former Brazilian President Jair Bolsonaro. This case has created turmoil in Brazil’s political circles because he would be ineligible for public office for eight years. What’s the case? Brazil’s Democratic Labor Party has filed a case against the former president, claiming that the far-right leader misused his power by using government communication channels to promote his campaign and cast baseless suspicions on the country’s voting procedure.The case focuses on a meeting Bolsonaro convened at the presidential palace with foreign ambassadors in July 2022, which was telecasted on state television…

In a new twist to the Nissan and Carlos Ghosn saga, the discredited former Nissan and Renault boss who jumped bail in Japan and escaped to Lebanon has filed a $1 billion lawsuit against Nissan in the court of Lebanon. The case and the escape Carlos was detained in Japan in November 2018 after allegations of financial misconduct involving a plot to underreport his remuneration surfaced.After this, he spent 13 months in the custody of Japanese Authorities or under certain bail conditions, including 24-hour home surveillance. However, Carlos dodged the trial in Japan after a daring escape to Beirut in…

In another blow to the preparations for the upcoming 2024 Paris Olympics, french police have raided the headquarters of the organisers of the Paris Olympics. Another blow to the 2024 Paris Olympics The searches are being carried out by a team consisting of the public prosecutor, The Parquet national financier, and criminal police collecting crucial documents related to the alleged corruption.The 2024 Olympics committee, in a statement, said that a ‘search’ was underway at their headquarters and that they are entirely cooperating with the investigators to help in their investigation. The raids have cast doubt over the upcoming games after…

The central bank of Pakistan has announced that it had received a loan of $1 billion from China, bringing the country’s foreign exchange reserves back to over $4 billion after falling to less than $3 billion a few months ago. China to the rescue Pakistan is currently going through a financial crunch, struggling to make ends meet for its population and, thus, seeking financial help from every door possible.Speaking at the National Assembly Standing Committee on Finance, Pakistan’s finance minister Ishaq Dar said that China and Pakistan had reached an understanding regarding the repayment and refinancing of the maturing $1.3…