Canberra: Australia will be joining the front, formed by the United States with its allies, against Iran, for the safety of freight movement in the Persian Gulf. Australian Prime Minister Scott Morrison announced that soon an Australian warship would be leaving for the Gulf. Australia has indicated sending fighter and surveillance aircraft along with the […]
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Beijing/Washington: China has devalued its currency, Yuan, to seven Yuan to a USD, at a time when the trade war is intensifying. While announcing this devaluation, the Chinese central bank mentioned the taxes imposed by the United States, unilateral decisions and protective trade policies of the United States. Therefore, this devaluation is believed to be […]
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Washington/Dubai: An oil tanker from the United Arab Emirates (UAE) has gone missing from the Persian Gulf, since the last four days. As per the UAE sources, the tanker went missing from the radar, while it was passing through the Strait of Hormuz. The United States has said that it suspects that the ships of […]
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Beirut: Hassan Nasrallah, the chief of Iran supporting organisation, Hezbollah issued a fresh warning saying, “if the United States attacked Iran, Iran will ruthlessly bomb Israel and annihilate Israel.” Nasrallah issued this threat to the United States during an interview with a Lebanese news channel. He added, “Iran and its affiliated organisations have already made […]
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Riyadh/Doha: Saudi Arabian Crown Price, Mohammed Bin Salman announced ‘We don’t want a war in the Gulf. But it is equally true that Saudi Arabia is ready to face any threats to our people, sovereignty, security and interests.’ Crown Prince Salman accused Iran and its affiliated terrorist organisations, of being responsible for the attacks on […]
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Washington/London: The trade war between the United States and China is intensifying by the day, and even the global investors and big corporates have not been able to asses the effects properly. The economists have claimed that over the last few months, the manufacturing sector in Europe as well as Asia, is taking a major […]
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Mecca/Jeddah: Saudi Arabia has appealed to the Islamic nations to unite against Iran. Accusing the Iran sponsored Houthi rebels to be behind the attacks on Saudi oil tankers near the United Arab Emirates coast, Saudi has said that this front against Iran has become a necessity. Saudi Arabian Foreign Minister Ibrahim al-Assaf demanded that the […]
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Washington: The US State Department has expressed confidence that the Indo-US relations will reach new heights with Prime Minister, Narendra Modi at the helm of affairs, in India. As the same time, the United States has taken an effective decision to omit India from the ‘Currency Manipulator’ list. Only three days ago, the United States […]
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Caracas: Leading international economist Kenneth Rogoff, warned that the Venezuelan failure will be the biggest and the most appalling in the world, other than the countries involved in wars and internal conflicts. The Venezuelan economy suffered major jolts when the crude oil rates had collapsed, at the international level. The attempt by President Maduro, to […]
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Tokyo: Repercussions of the saboteur attacks on the Saudi tankers have been felt in the international crude oil market as well. On Monday, the oil market opened with a rise of 2% in the crude oil rates. The US media stated that the spike was attributed to the uncertainty created over future oil exports owing […]
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