US-China trade war threatens global economy: International Monetary Fund

US-China trade war threatens global economy: International Monetary Fund

Washington: ‘The International Monetary Fund feels that the trade tensions should be resolved to the satisfaction of everyone. It assumes significance against the background of the currently raging US-China trade war, as it has threatened the global economy,’ the IMF chief Christine Lagarde warned. At the same time, she cautioned both, the United States and […]

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The Iranian economy will collapse due to the new US sanctions, warns the International Monetary Fund

The Iranian economy will collapse due to the new US sanctions, warns the International Monetary Fund

Dubai: Deterrent effects of the US sanctions are apparent in the Iranian economy. The crisis in the Iranian economy will continue for the second consecutive year and by this year-end inflation will reach 40%, warned the International Monetary Fund (IMF). IMF has claimed in its annual report that the harsh US sanctions against the Iranian […]

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China failed to provide impetus to the slowing economy; claims financial institution JP Morgan

China failed to provide impetus to the slowing economy; claims financial institution JP Morgan

Beijing: Leading financial institution JP Morgan has alleged that China, the second largest economy of the world to have slowed down and all the efforts of the Chinese government to provide an impetus have failed. Over the last month, all the indices evaluating the Chinese economic progress have shown negative results. This negative picture of […]

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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 […]

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Against the background of the trade war with the US, Chinese economy hit by recession

Against the background of the trade war with the US, Chinese economy hit by recession

Beijing: The claims that the Chinese economy will be the worst affected because of the trade war with the United States seem to be turning into a reality. The Chinese economy is hit by a severe recession because of the trade war triggered by US President Donald Trump. As per the Chinese agencies, the growth […]

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China warns that the trade war enforced by the US will slow down the global economy

China warns that the trade war enforced by the US will slow down the global economy

Beijing: China has warned that the intensifying trade war started by the United States will result in a global economic slowdown. The Chinese economic growth rate has seen a decline for the second consecutive quarter, and it is being attributed to the trade war with the United States. US President, Donald Trump has warned of […]

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The US to supply medium range Air Defence Missiles to Hungary, announces Prime Minister Viktor Orban

The US to supply medium range Air Defence Missiles to Hungary, announces Prime Minister Viktor Orban

Washington/Budapest: While the Russian leadership is accusing that the increasing US military deployment Europe as a direct threat to Russia, the United States has decided to increase military assistance to the European countries. Hungarian Prime Minister Viktor Orban announced that the United States would be supplying medium range Air Defence Missiles, to Hungary. Orban recently […]

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The condition of the Iranian economy will worsen furthermore than the Iraq wartime, warns Iranian President Rouhani

The condition of the Iranian economy will worsen furthermore than the Iraq wartime, warns Iranian President Rouhani

Iranian President Hassan Rouhani expressed a concern that the Iranian economy has become sick because of the new sanctions imposed by the United States and to recover from this all the political parties have to come together; otherwise, Iran will be faced with a much worse condition, than the one faced after the Iraq war. […]

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