Washington: The International Monetary Fund (IMF) has warned that the debt burden in the international economy has risen to $184 trillion. The IMF has also warned that the United States, China and Japan are the countries mainly responsible for this debt burden. In consideration of the international economy, this debt burden is 225% of the […]
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Tokyo: The unilateral Chinese activities in the East China Sea, South China Sea and the Pacific Ocean are adding to the concerns of Japan. Japan has adopted an aggressive policy and has indicated deployment of fighter jets on its aircraft carrier. The Japanese government has approved transformation of the existing helicopter carrier class ship in […]
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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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Washington: The remittances to India from NRIs who are employed or involved in businesses abroad, have been USD 80 billion during the year, states a World Bank report. India tops the world’s list of remittances followed by China, Mexico and Philippines. The remittances have resulted in the strengthening of the Indian economy while the World […]
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Moscow: Information has been received that the use of local currency bypassing the use of US dollar has increased in the Eurasian Union created with the Russian initiative. As per the information provided by Russia, 70% of the transactions in the first six months of 2018, by the members of the Eurasian Union were in […]
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Washington/Beijing: While a conference with the African nations has been scheduled to start in the Chinese capital, the opposition to the ambitious project, One Belt One Road (OBOR), planned by President Xi Jinping, is once again on the edge. The international media and study groups have aggressively highlighted the opposition to the OBOR and the […]
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Caracas: The United Nations has expressed fear that the condition in Venezuela, where a large number of citizens are fleeing the country because of the political and economic crisis, is similar to the immigrant crisis of Europe back in 2015. More than a million immigrants had entered Europe after the German Chancellor Angela Merkel opened […]
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Berlin: Compulsory military service is a topic under consideration in the German parliament, in view of the increasing aggressive moves by Russia, terror attacks and other challenges. Against this background, the reports of increase in participation of the under 18 youth in the German military over the last two years, are being received. The German […]
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Washington: ‘The European leaders are in a state of panic with the announcement made by US President Donald Trump regarding the withdrawal of US forces from Europe. Some leaders fear for their lives and have become restless with the concern that the European security will be under threat if the United States withdrew its military […]
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Canberra: The chief of Australia’s central bank has warned that the increasing built-up of debt in the Chinese economy, who is the biggest trade partner of Australia, can prove dangerous for both the countries. The debt to GDP ratio in the Chinese economy has risen from 100 percent to a staggering 260 percent in the […]
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