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 […]

Read More »

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 […]

Read More »

‘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 […]

Read More »

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 […]

Read More »

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 […]

Read More »

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 […]

Read More »

Germany speeding preparations for ‘European Army’; Seeks military assistance from four European nations

Germany speeding preparations for ‘European Army’; Seeks military assistance from four European nations

Berlin : Although the concept of ‘United Army’ proposed by the European Union has not been supported by all member nations, Germany has begun taking solid and fast steps towards it. Since past few years, Germany has started to enhance the military cooperation with nations such as France, Netherlands, Romania and Czech Republic. It has […]

Read More »