US and Europe allow dealings in Russian bonds

US and Europe allow dealings in Russian bonds

Washington/Moscow: Western countries imposed heavy sanctions on the Russian economy after the start of the Russia-Ukraine conflict. The objective was to stop the conflict by rocking the Russian economy via economic and other sanctions. But instead of Russia, the West started feeling the jolts of these sanctions. Therefore, Western countries have started withdrawing or easing […]

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Russian economy benefits from US sanctions – US economist Michael Hudson concludes

Russian economy benefits from US sanctions – US economist Michael Hudson concludes

Washington: US economist Michael Hudson has concluded that the sanctions imposed on Russia by America and European countries have boosted the Russian economy. These sanctions have ended the dependence on the Russian economy. In addition, Hudson claimed that Russia’s efforts to de-dollarize to stop transactions in dollars have succeeded beyond imagination. After the United States […]

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Only 30% of weapons supplied by West have reached to Ukrainian military – US news agency alleges misappropriation of 70% of weapons

Only 30% of weapons supplied by West have reached to Ukrainian military – US news agency alleges misappropriation of 70% of weapons

Moscow/Kyiv: The Russian army destroyed about 45,000 tons of ammunition, which NATO sent to the Ukrainian army. Russia has informed that its forces have destroyed five more ‘arms depots’ of the Ukrainian army. Along with this, there is a startling revelation that only 30% of the weapons worth billions of dollars sent by the United […]

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Hegemonic regimes will use oppressive tactics on island countries in Pacific Region – US Dy Secretary of State Wendy Sherman

Hegemonic regimes will use oppressive tactics on island countries in Pacific Region – US Dy Secretary of State Wendy Sherman

Honiara/Tonga: By mentioning the Russian attack on Ukraine and ongoing Chinese military exercises targeting Taiwan, US Deputy Secretary of State Wendy Sherman warned that some of the world’s hegemonic regimes might use oppression and coercion on island countries in the Pacific region. Sherman is currently on a tour of the Pacific region; this time, she […]

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Global investors turn away from China’s market amid recession, Coronavirus pandemic and real estate crisis, claims IIF report

Global investors turn away from China’s market amid recession, Coronavirus pandemic and real estate crisis, claims IIF report

Washington/Beijing: China, the second largest economy in the world, continues to suffer shocks. Last month, it was revealed that China’s economic growth rate had dropped to 0.4 per cent. After that, international investors are also turning their backs on China. According to a US-based Institute of International Finance (IIF) report, foreign investors withdrew large amounts […]

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Dependency of US citizens on ‘Food Banks’ rises due to record inflation

Dependency of US citizens on ‘Food Banks’ rises due to record inflation

Washington: The record inflation in the United States is taking a heavy toll on ordinary citizens. Faced with inflation, unemployment and recession, American citizens are now turning their march toward food banks. In the last few months, the number of citizens in food banks run by voluntary and social organizations has increased by 20%. At […]

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