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 »

World Bank warns of lengthening shadows of a new global economic crisis

World Bank warns of lengthening shadows of a new global economic crisis

Washington: The World Bank has warned that dark clouds of a new crisis are hovering over the global economy due to the pressures created because of tensions in the international trade, decreasing investment, increasing intensity of the natural calamities and the increasing debt burden. A new report released by the World Bank warns that the […]

Read More »

The international economy has debts of $184 trillion; warns the IMF

The international economy has debts of $184 trillion; warns the IMF

Washington: The International Monetary Fund (IMF) has warned that the debt burden in the international economy has risen to $184 trillion. The IMF has also warned that the United States, China and Japan are the countries mainly responsible for this debt burden. In consideration of the international economy, this debt burden is 225% of the […]

Read More »

US F-35s to be deployed on Japanese warships to counter the Chinese aggression

US F-35s to be deployed on Japanese warships to counter the Chinese aggression

Tokyo: The unilateral Chinese activities in the East China Sea, South China Sea and the Pacific Ocean are adding to the concerns of Japan. Japan has adopted an aggressive policy and has indicated deployment of fighter jets on its aircraft carrier. The Japanese government has approved transformation of the existing helicopter carrier class ship in […]

Read More »

Japanese economy suffers against the background of US-China trade war

Japanese economy suffers against the background of US-China trade war

Tokyo: The Japanese economy has sustained a massive blow due to the raging US-China trade war, with a 2.5% decrease seen in growth rate during the quarter of July-September. It is said that this is the biggest downslide since 2014. Analysts claim that the indications of a global recession have further strengthened due to this […]

Read More »

India receives $80 billion putting India at top spot on remittances: World Bank Report

India receives $80 billion putting India at top spot on remittances: World Bank Report

Washington: The remittances to India from NRIs who are employed or involved in businesses abroad, have been USD 80 billion during the year, states a World Bank report. India tops the world’s list of remittances followed by China, Mexico and Philippines. The remittances have resulted in the strengthening of the Indian economy while the World […]

Read More »

Increased use of local currency in the Russian sponsored ‘Eurasian Union’; success in countering the use of US dollar

Increased use of local currency in the Russian sponsored ‘Eurasian Union’; success in countering the use of US dollar

Moscow: Information has been received that the use of local currency bypassing the use of US dollar has increased in the Eurasian Union created with the Russian initiative. As per the information provided by Russia, 70% of the transactions in the first six months of 2018, by the members of the Eurasian Union were in […]

Read More »

Opposition to the Chinese ‘One Belt One Road’ on the rise

Opposition to the Chinese ‘One Belt One Road’ on the rise

Washington/Beijing: While a conference with the African nations has been scheduled to start in the Chinese capital, the opposition to the ambitious project, One Belt One Road (OBOR), planned by President Xi Jinping, is once again on the edge. The international media and study groups have aggressively highlighted the opposition to the OBOR and the […]

Read More »

The Venezuelan immigrant influx is similar to the immigrants intruding into Europe, warns United Nations

The Venezuelan immigrant influx is similar to the immigrants intruding into Europe, warns United Nations

Caracas: The United Nations has expressed fear that the condition in Venezuela, where a large number of citizens are fleeing the country because of the political and economic crisis, is similar to the immigrant crisis of Europe back in 2015. More than a million immigrants had entered Europe after the German Chancellor Angela Merkel opened […]

Read More »

The German military sees increasing participation from youth under 18

The German military sees increasing participation from youth under 18

Berlin: Compulsory military service is a topic under consideration in the German parliament, in view of the increasing aggressive moves by Russia, terror attacks and other challenges. Against this background, the reports of increase in participation of the under 18 youth in the German military over the last two years, are being received. The German […]

Read More »
1 2 3