Unless the economy improves, China’s GDP could see a drop of 3% : IMF

Unless the economy improves, China’s GDP could see a drop of 3% : IMF

Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]

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Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Canberra: The chief of Australia’s central bank has warned that the increasing built-up of debt in the Chinese economy, who is the biggest trade partner of Australia, can prove dangerous for both the countries. The debt to GDP ratio in the Chinese economy has risen from 100 percent to a staggering 260 percent in the […]

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Qatar should send its army to Syria or prepare for fall of regime, threatens Saudi Arabia’s Foreign Minister

Qatar should send its army to Syria or prepare for fall of regime, threatens Saudi Arabia’s Foreign Minister

Riyadh: Saudi Arabia has threatened Qatar saying that ‘Qatar should send its army to Syria and provide financial aid to the United States military campaign here. If that is not possible then Qatar should give up the United States protective shield and be prepared to lose its regime’. Qatar has reacted on the threat and […]

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Pakistan economy heading towards bankruptcy: International Monitory Fund

Pakistan economy heading towards bankruptcy: International Monitory Fund

Washington/Islamabad: Pakistan who already has a tarnished image because of an unstable government, policy to aid the terrorists, increased violence and human rights violation seems to be in for another jolt. The International Monitory Fund (IMF) has expressed concerns over the Pakistani economy and given indications that the economy is heading towards bankruptcy. It has […]

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‘BAE Systems’ keen to Manufacture Defence Equipment in State

‘BAE Systems’ keen to Manufacture Defence Equipment in State

Davos: ‘BAE Systems’ from Britain is keen on manufacturing defence equipment in Maharashtra. Chief minister Devendra Fadnavis announced this after a positive discussion in the meeting with the president of the company Roger Carr. He appealed the international investors to invest in Maharashtra and expressed confidence to take the economy to a trillion dollars in […]

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China’s ‘One Belt One Road’ project is a danger to the world economy, warn economists.

China’s ‘One Belt One Road’ project is a danger to the world economy, warn economists.

Beijing : Economists have warned that Chinese President Xi Jinping’s ambitious ‘One Belt One Road’ Project is posing a danger to  the global financial system. Government banks of China are trying to raise funds to be issued as loans to the deprived and potentially dangerous countries. Economist Xu Chenggang and Bjorn Conrad have raised their […]

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Relief for global economy as Japan delivers record performance, ‘3-Arrows’ strategy of Abenomics paying off.

Relief for global economy as Japan delivers record performance, ‘3-Arrows’ strategy of Abenomics paying off.

Tokyo : Record performances posted by Japan, the world’s third largest economy, has grabbed the attention of the world. Since the start of 2016, Japan’s economic growth rate has been on the rise, a feat achieved for the first time in more than a decade. With a growth rate of 4 percent, Japan has outperformed […]

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Demand for independence in Bavaria province of Germany

Demand for independence in Bavaria province of Germany

Berlin : While German Chancellor Angela Merkel strives to unite the European Union, struggle is on within Germany for liberation from the Merkel government as well as European Union. The Bavaria province of Germany which is the largest province and industrial centre is increasingly seen favouring independence. A survey conducted by a leading newspaper of […]

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