West Asia crisis
The West Asia crisis often refers to conflicts in countries like Syria, Iraq, and Palestine. This region is rich in oil reserves, influencing global economies. The Sykes-Picot Agreement of 1916 reshaped borders, leading to ongoing disputes. Sectarian divides, especially between Sunni and Shia Muslims, fuel tensions. The area is also home to ancient civilizations, contributing significantly to world history and culture.
The Union Cabinet approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 on May 5, 2026, to provide ₹2.55 lakh crore in additional credit support to eligible businesses....
May 6, 2026