Washington: The US national debt has increased by $2.6 trillion in just six months. In the last six months, the US’s debt burden has increased by more than $400 billion every month. Along with this, Republican Party MP John James provided information that the debt burden of every citizen of the US is now more […]
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Moscow – Alexander Novak, Deputy Prime Minister of Russia, has claimed that Russia has completely moved away from the dollar and Euro as a currency to trade oil and are focused on regional currencies. He said Russia had traded oil with China in exchange for Yuan and Rubel. The International Energy Agency (IEA) recently declared […]
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Washington: – The Zero Covid policy implemented by President Xi Jinping in China for the past few months along with the real estate crisis are going to affect the Chinese economy. There is a possibility of China’s economy taking a hit of five trillion dollars in the coming five years when Xi Jinping will continue […]
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Brussels/ Moscow: The possibility of fresh sanctions on gas supply from Russia has shot the prices of gas by 10 %, taking it above 2000 dollars per 1000 cubic meters. This is the third instance of a 10% hike in natural gas prices in the last four days. A meeting of the European Union to […]
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Jerusalem: Following the Abraham agreement with the Arab countries, Israel has signed agreements for supplying weapons worth billions of dollars. This cooperation will be made more comprehensive in the coming times. Israeli Defence Minister claimed that Israel would sell weapons even to the Sunni-Arab countries in the Middle East. In 2020, the then US President […]
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Washington: The United States and the other western countries have frozen the Russian foreign exchange reserves to the tune of $300 billion. The International Monetary Fund (IMF) warned that some western countries might reconsider the share of USD within their foreign reserves following this action. A leading US think tank has highlighted this issue and […]
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New Delhi – Union Minister for Commerce and Industry, Piyush Goyal, had expressed confidence that the Indian trade exports will cross $400 billion in the year ending on 31st March 2022. But TV Narendran, President of Confederation of Indian Industry (CII), has expressed confidence that the country’s trade exports can reach $1 trillion in the […]
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Riyadh/Seoul: – South Korean President Moon Jae-in denounced the drone attacks in Abu Dhabi, the capital of the United Arab Emirates (UAE), saying, ‘We express our serious concern over acts that threaten peace and stability in the Middle East region, including the UAE, and we strongly condemn attacks on civilians and the taking of lives […]
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Washington: – United Arab Emirates (UAE) delivered a severe jolt to the United States on Tuesday. UAE announced that it was backing out from the deal with the United States, worth $23 billion to purchase super-advanced F-35 stealth bombers. The UAE embassy clarified that the UAE was withdrawing due to a technical reason. Only a […]
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Beijing: – The United States and international human rights groups have accused China of massacring people of the Uyghurs clan in Xinjiang. But a leading Australian newspaper has accused China of making billions of dollars from the genocide. According to the newspaper, China earns billions of dollars every year by smuggling the organs of the […]
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