China should sever ties with the US economy, warn Chinese economists

China should sever ties with the US economy, warn Chinese economists

Beijing: A Chinese economist and analyst, has made a dramatic statement saying that it was possible to sever the economic and trade ties, between the two leading economies of the world, the United States and China. The Chinese economist has drawn the world’s attention with the statement, just as the trade war US President Donald […]

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US Conspiracy to bring the Iranian economy to a standstill with sanctions, Iranian President Hassan Rouhani

US Conspiracy to bring the Iranian economy to a standstill with sanctions, Iranian President Hassan Rouhani

Tehran: Iranian President Hassan Rouhani alleged that the efforts to stop the Coronavirus epidemic is putting a tremendous strain on the Iranian economy. In this scenario, the United States wants to bring the Iranian economy to a standstill with economic sanctions and this is a part of the larger conspiracy against Iran.’ At the same […]

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Global economy takes a major hit due to Coronavirus, oil, stock markets crash, gold rates increase

Global economy takes a major hit due to Coronavirus, oil, stock markets crash, gold rates increase

London/New York: It is evident on the international level that the intensity of the Coronavirus epidemic, which has locked down China, the second largest economy of the world, is increasing by the day. While there is a steady rise in the number of deaths and people infected, the negative impact is apparent in the global […]

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The global economy will take USD 20 trillion hit because of climate change, claims Russian news channel

The global economy will take USD 20 trillion hit because of climate change, claims Russian news channel

Moscow: A Russian news channel claimed that the global economy would take a blow to the tune of USD 20 trillion because of climate change. This claim is based on the reports published by various international groups, experts and insurance companies, over the last few months. The report says that the housing, fuel, tourism and […]

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India will become a USD 5 trillion economy by 2024-2025  

India will become a USD 5 trillion economy by 2024-2025  

New York: Indian Finance Minister Nirmala Sitharaman expressed faith, “India can become a USD 5 trillion economy by the year 2024-25. It is challenging but realisable.” Finance Minister Sitharaman was speaking at a function organised by the renowned University of Columbia in the United States. Nirmala Sitharaman pointed out that the progress of the Indian […]

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Percentage of USD in the global economy declining

Percentage of USD in the global economy declining

Washington: At a time, when economies like Russia and China are trying to challenge the economic domination of the United States, it has been exposed that USD, the leading reserve currency of the world, is losing its percentage share. The International Monetary Fund (IMF) has announced the information regarding the investments in the reserve currencies […]

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US-China Trade war-a big blow to the global economy in 2020, warns the International Monetary Fund

US-China Trade war-a big blow to the global economy in 2020, warns the International Monetary Fund

Washington/ Beijing: The ongoing trade war between US-China is no longer a mere threat to the global trade war crisis. The impact of this war on the economy is already visible,’ saying, so the International Monetary Fund has predicted a decline in the global economy next year by 0.8 %. For the second time in […]

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US-China trade war accelerates decline of Chinese economy, China’s statistics misleading 

US-China trade war accelerates decline of Chinese economy, China’s statistics misleading 

Beijing/Washington: Last month, the Chinese government had announced a drop of 6.2% in the Chinese GDP growth. However, the US media claimed that the statistics were misleading, and the GDP fall was more than the published figure. In the past, China was revealed to overplayed economic growth figures, which it is repeating, as per an […]

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Chinese economy will be severely hit because of the taxes imposed by President Trump, IMF warns a decline of 0.8% in 2020

Chinese economy will be severely hit because of the taxes imposed by President Trump, IMF warns a decline of 0.8% in 2020

Washington/Beijing:  Due to the trade war initiated by US President Trump, the Chinese economy is on the verge of decline, and if further burdened with taxes, it would collapse in the year 2020. A report published by the International Monetary Fund (IMF) regarding China, warns that the Chinese economy can decline by 0.8%, under the […]

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