New York: – The number of deaths in the United States has reached 2,490. The maximum number of deaths have been reported from the New York State. The advanced health care system here also is under tremendous strain. The open ground is being converted into emergency hospitals, as there is no place in the hospitals […]
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New Delhi: The crude oil rates are crashing in the international markets. The crude oil rates have plummeted by nearly 40% in the last week, resulting in a slide of USD 30 per barrel. As per experts, the sliding oil prices in the international markets become an opportunity for a country like India, who imports […]
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Washington: US economist and investor Peter Schiff warned ‘The current situation in the United States is the beginning of the biggest economic crisis in the history of the United States. The intensity of the new recession is so dreadful that the crisis in 2008 will look minuscule, in front of it. The situation will be […]
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Riyadh/Moscow: – There has been a strong reaction from OPEC after Russia refused to cut oil production and instead announced to increase it. Main members of OPEC, Saudi Arabia and the United Arab Emirates (UAE) announced an increase in oil production. Saudi will be producing 13 million barrels of oil and UAE has announced a […]
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Tripoli/Ankara: 2400 Turkish mercenaries have arrived in the capital Tripoli for the security of the Sarraj government. Turkey has announced the deployment of 6000 mercenaries in Libya. Along with these, the Turkish military and soldiers from the Turkish Muslim Brotherhood, also have been despatched to Libya. It was decided during the Berlin meeting that no […]
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Riyadh/Tokyo: – Japanese Prime Minister Shinzo Abe reached Riyadh, the capital of Saudi Arabia, on the first leg of his five-day visit to the Gulf. This visit of the Prime Minister of Japan, the biggest importer of crude oil from the Gulf, against the background of action taken by the United States against Qassem Soleimani […]
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Riyadh: Bahrain Fuel Minister, Sheikh Mohammed Bin Khalifa Al Khalifa claimed ‘Indications are that the production of Shale Oil in the United States is about to cross 14 million barrels per day. Therefore, it is being predicted that there will be abundant oil available in the global markets. But now it is time for these […]
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New Delhi: The effects of the US killing of General Soleimani are becoming apparent on the global economy and puts stress on the Indian economy too. A sharp decline has been recorded in the Indian stock markets and the investors have lost a whopping ₹3.36 trillion. There has been a big rise in the gold […]
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Washington: The International Monetary Fund (IMF) has warned that the social tensions in the Arabic world are becoming intensifying, in view of the increasing unemployment and the consistently declining growth rates and the discontent is rising in these countries. This warning by the IMF becomes significant against the background of the agitations going on in […]
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Moscow: Russian Finance Minister Anton Siluanov claimed that Russia could maintain its economic progress on the strength of its gold reserves, despite any slump in the oil prices, on the international level. Russia has a gold reserve of more than 2200 tonnes valued at USD 108 billion. At the same time, Russia has added to […]
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