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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The international community has no other option but to deter Iran, if the global economy is to be saved, warns Saudi Crown Prince

The international community has no other option but to deter Iran, if the global economy is to be saved, warns Saudi Crown Prince

Riyadh: If the world does not take a strong and firm action to deter Iranian aggression in the Gulf, we will see further escalations that will threaten world interests. In that case, not only Saudi and Middle East countries, the entire global economy will collapse. The oil rates will rise to an unimaginable level,” Saudi […]

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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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Increase in Gold investments by Central Banks continues, given the uncertainty in the global economy

Increase in Gold investments by Central Banks continues, given the uncertainty in the global economy

London/Moscow: Many groups, including the ‘World Gold Council’ had reported an increase in the Gold purchase, by the central banks of the leading economies of the world, over the last few years. Analysts and economists have claimed that the trend in the Gold purchase will continue because of the increasing tensions at the international level, […]

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USD will lose its leader status in the global economy, warns leading financial institution JP Morgan

USD will lose its leader status in the global economy, warns leading financial institution JP Morgan

Washington: JP Morgan, the leading financial institution in the world, warned that in the coming decades the global economy is set for some landslide changes and USD will lose its influence on the worldwide economy and the system with the influence of the Asian continent will take over as the leader. Only last month, former […]

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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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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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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 […]

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India could be fulcrum of global economy: Finance Minister Arun Jaitley

India could be  fulcrum of global economy: Finance Minister Arun Jaitley

‘With China’s economic slowdown, the global economy feels afresh, the need of a pivot and India could play this very role, that of the fulcrum of the global economy’, said the Finance Minister Arun Jaitley expressing his confidence.  Addressing investors during his visit to Japan, Jaitley claimed that India’s economic development program would pick up […]

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111. Economy of Israel

111. Economy of Israel

The articles in this series have thrown light on the spectacular progress achieved as a country by Israel over just the last seventy years, or so, that is from its birth till today. Today, Israel is a highly developed ‘Free market’ economy based on Information Technology and hi-tech research. Thanks to it, Israel has developed […]

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