Beijing: – The Chinese rulers announced the Belt and Road Initiative (BRI) with an ambition to surpass the United States, to become the superpower of the world. But after this scheme started receiving major jolts, the Chinese government has begun promoting the Digital Silk Road. The work of most crucial part of the scheme, the […]
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Washington/Beijing: – The International Monetary Fund (IMF) has warned that China needs to initiate immediate steps to avert the threats to economic stability. The Chinese economy’s debt burden has increased tremendously during the Coronavirus pandemic period, and small banks and local administrations are feeling immense pressure. At the same time, the credit rating of the […]
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Colombo: – Sri Lankan President Gotabaya Rajapaksa said that Sri Lanka is against any country’s domination in the Indian Ocean region. Henceforth, the Sri Lankan foreign policy will not have any preferences. Moreover, it will have a non-aligned foreign policy. President Gotabaya Rajapaksa drew attention to the changed Sri Lankan foreign policy in the UN […]
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Washington: The United States has signed a defence cooperation agreement with the Indian neighbour, Maldives, given the peace and security of the Indian Ocean region. US President Donald Trump has taken a stand to increase cooperation with the countries in this sector because of the increasing Chinese influence in the Indo-Pacific sector. The US defence […]
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New Delhi: – Prime Minister Modi said that 21 years ago, Pakistan military intruded into Kargil and tried to capture Indian territory. But the courage demonstrated by the Indian soldiers, after this, was seen by the world. India can never forget the circumstanced that led to the Kargil war. Pakistan replied to the Indian friendship […]
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New Delhi: – The locals held strong demonstrations against the dams being built by Pakistan and China on the Jhelum river, in Pakistan Occupied Kashmir (POK). The protestors have called on the Pakistan government for an explanation regarding the dams and the protestors have emphatically told the Pakistan government that the resistance would continue till […]
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Colombo: – India has offered a helping hand to Sri Lanka, to provide an impetus to the Sri Lankan economy, during the crisis created due to the Coronavirus pandemic. Before this, India has supplied Hydroxychloroquine to Sri Lanka. India will be exchanging currency worth USD 400 million to tide over the foreign currency crunch faced […]
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Washington/Beijing: US President Donald Trump issued a stern warning to the world bank saying that China has enormous amounts of funds and even if it does not, it will create it; therefore, under any circumstances, the world bank should not fund China. Only a few days ago, the world bank decided to provide billions of […]
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Washington/Canberra: Captain Jim Fannell, a former US intelligence official, issued a severe warning, ‘The ruling communist government in China is adopting the Soft Invasion Policy, using its financial might. On the strength of this policy, China will swallow the smaller countries in the South Pacific.’ Captain Fannell issued this warning during a program on an […]
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New York: The global consulting firm McKenzie issued a warning that nearly 60% of the banks in the world have failed to get returns on their investments, and these banks will not be able to take the hit of the recession. Against the background of the indications of recession received from around the world, this […]
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