Jakarta: Seeds for a new economic crisis are being sown with the trade war between the United States and China, rising interest rates in the United States and declining currency value of the developing countries, was the warning issued in the meeting of the International Monitory Fund (IMF) meeting. Chief of the IMF, Christine Lagarde […]
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London/Shanghai: Last week, US President, Donald Trump threatened to tax Chinese imports worth $200 billion. Severe repercussions of this threat are being felt in the international economy and a major decline was seen in the European and Asian stock markets including China. The Chinese stock market was hit the most and the index crashed to […]
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Ankara: Turkey has decided to retaliate against the taxes imposed on Turkish exports to the United States, in the same manner. The Turkish Vice President announced a big increase in the taxes on the imports from the United States. These include the cars, tobacco and other products. At the same time, the economists have warned […]
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Washington: Three terrorists from Lashkar-e-Taiba, responsible for terrorist activities in India have been included in the international terrorists’ list by the United States. Out of these, Abdul Rahman Al Dakhil was in the United States prison for 10 years and was handed over to Pakistan in 2014. But Pakistan released him within 2 years and […]
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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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Berlin: The outgoing German Finance Minister, Wolfgang Schaeuble, gave serious indications saying that the Central Banks like the European Reserve Bank and the US Federal Reserve have been attempting to inject trillions of dollars into the financial markets. Their attempts are giving rise to the formation of ‘new bubbles‘ which in itself is an invitation […]
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Beijing : Economists have warned that Chinese President Xi Jinping’s ambitious ‘One Belt One Road’ Project is posing a danger to the global financial system. Government banks of China are trying to raise funds to be issued as loans to the deprived and potentially dangerous countries. Economist Xu Chenggang and Bjorn Conrad have raised their […]
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In an article ‘Global Peace Index’ of the ‘The Institute for Economics and Peace’ it has been said that the instances and acts of terrorism and violence are becoming increasingly pervasive globally. The report adds that on account of terrorist attacks and violence the global economy has been hit to the tune of $14.3 trillion […]
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London, dated 1st July (Press)- London, famously known as the Financial Hub globally and in Europe markets, would possibly lose the status post the Brexit results. Post Brexit many companies are moving their offices outside the UK. Germany, France and Ireland are putting in efforts to attract the companies planning to exit the UK. Financial […]
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Beijing Dated 28th June (News Agency)–Economists and research groups have purported that even though the Chinese ruling party claims the Chinese economy as being ‘stable’, but in reality the experts predict that the economy is about to face turmoil. The Brexit incident is being viewed as a backdrop that has led to record the drop […]
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