Washington: The USD is currently at its highest level in two decades and the rest of the world’s economies are suffering the consequences. The International Monetary Fund (IMF) has warned that the USD’s strength is becoming problematic and its effects are beginning to show. This warning from the IMF is getting support from other countries […]
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Washington: The demand for action against Saudi Arabia, which has decided to cut crude oil production without any consideration for the United States, is gaining momentum. Missiles to be supplied to Saudi and the Patriot air defence systems should be diverted to Ukraine. The members of the ‘Foreign Relations Committee’ in the US Senate proposed […]
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Brussels: There has been a dramatic increase in the number of illegal immigrants entering Europe. European agency ‘Frontex’ informed that in the first nine months of 2022, as many as 225 thousand million refugees had entered European countries. This is the most significant increase since 2016. This record increase has come against the background of […]
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Jaipur: ‘OPEC Plus countries have decided to reduce fuel production. These countries have the freedom and sovereign right to make this decision. The results will definitely be seen. India has the capacity to deal with the situation,’ said Union Petroleum Minister Hardeep Singh Puri. Hardeep Singh Puri added that India would also take necessary steps […]
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Riyadh: Saudi Arabia has said that the decision to cut fuel production has not been taken by a single member country of OPEC Plus. This decision was taken unanimously to remove the instability in the fuel market in consideration of the interests of OPEC Plus member countries. No other country can decide the economic interests […]
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Geneva/ London: Due to the global crisis, around 54 countries’ economies are collapsing. Thus, these countries need urgent financial assistance. Pakistan, Sri Lanka, Tunisia, Chad, and Zambia are developing countries amid an economic crisis anytime soon. If the people of these countries do not receive assistance on time, the poverty in the respective countries will […]
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Canberra: India’s Finance Minister Nirmala Sitharaman warned the US and other advanced countries that they should take responsibility for the global consequences of their political and economic decisions. After the Ukraine conflict erupted, the US imposed sanctions on Russia, which have affected other countries more than Russia. Avoiding direct mention, the Finance Minister of India […]
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Washington: US President Joe Biden has threatened that Saudi Arabia and other OPEC-plus member countries will suffer the enormous consequences of Saudi Arabia’s decision to cut global fuel production along with Russia. The United States is giving indications that this threat is not empty. The White House informed that the Biden administration is reconsidering the […]
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Canberra: External Affairs Minister S. Jaishankar claimed that the defence cooperation between India and Australia hugely contributes to a free and open Indo-Pacific region. Jaishankar held talks with Australian Defence Minister Richard Marles on a two-day visit to Australia. Before that, EAMinister Jaishankar had bilateral talks with Australian Foreign Minister Penny Wong. At this time, […]
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Washington: Inflation flare-up, rising interest rates and the Russia-Ukraine conflict have a significant impact on the economy, and the world economy, including the United States, will be hit by a recession in the next six to nine months, warned Jamie Dimon, the Chief of JPMorgan. Dimon has consistently been making aware of the possibility of […]
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