Washington/London – Gold prices continue to rise due to the rising inflation and a weakening dollar. Analysts claimed that if this trend continues in the economy, the Gold prices could rise to as much as $3000 an ounce in the next few months. The gold rate jumped by nearly 1.5% in the US markets on […]
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Moscow: Elvira Nabiullina, Governor of the Central Bank of Russia claimed that international markets, including Russia, have reduced their disposition towards the US dollar while preferring other currencies like Euro. She also claimed a significant increase in the use of other currencies for international trade. A few months back, Russia had declared to have reduced the […]
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Kabul/United Nations – The Taliban are all set to form a government led by Mullah Hibatullah Akhundzada. Although the Taliban has succeeded in creating a government by setting aside the differences among its factions, the real test for the Taliban government will be in the near future because Afghanistan’s food reserves will last only a […]
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Colombo – The Sri Lankan government has declared a food emergency due to the unavailability of foreign exchange for food imports. The Sri Lankan government has blamed the Coronavirus pandemic for the shortage of foreign currency reserves. However, analysts and media are claiming that a large amount of foreign exchange is being spent on the […]
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Colombo – Sri Lanka, which has borrowed heavily from China, faces a massive financial crisis. Sri Lanka’s foreign exchange reserves have fallen sharply, with only three months’ worth of foreign reserves remaining. This has led Sri Lanka to impose restrictions on imports of various commodities. According to some reports, Sri Lanka also has no money […]
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Beirut – Interim Lebanese Prime Minister Hassan Diab warned, ‘Lebanon is just a few days away from a social outburst. The international community should make efforts to save Lebanon from this crisis. As the effects of the social outburst in Lebanon will be felt all around the globe.’ The world bank expressed concerns over the […]
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Washington/Canberra: – In a joint international operation, the US investigation agency, the Federal Bureau of Investigation (FBI), Europol and the Australian agencies arrested 800. Huge hauls of arms, cash and luxury cars, and narcotics were seized during the raids conducted across 16 countries. FBI informed that the messaging app ANOM and encrypted smartphones were used […]
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Beijing: – The Chinese communist regime has expedited moves to take the lead in the digital currency sector. The Chinese central bank has decided to gift 40 million digital Yuan currency to the residents of Beijing through a lottery system. This is the third instance of the Chinese government giving the digital Yuan currency in […]
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Beirut/Riyadh: Lebanon Foreign Minister Charbel Wehbe stated in an interview that some countries from the Middle East are responsible for the rising influence of terror outfit ISIS in the Gulf. This remark by Wehbe has received severe backlash from leading countries in the Middle East; this has forced the minister to resign. Moreover, he has […]
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Washington: While there is an alarming increase in the Coronavirus pandemic, the United States refused to supply the necessary raw materials for the Corona vaccine. Indications are that the Biden administration is trying to corner India by adopting this policy to create blockades. On the one hand, the Biden administration claims to strengthen cooperation with […]
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