Africa makes Free Trade bloc functional

Africa makes Free Trade bloc functional

Accra/Washington: – Africa has implemented the free trade agreement, from the 1st of January 2021, against the background of killer epidemics like Ebola and Coronavirus, terrorism and ethnic conflict. Senior official Wamkele Mene announced that the agreement was active saying ‘African Continental Free Trade Area is not only a trade agreement but important means for the development […]

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Leading Chinese bizman Jack Ma’s ANT Group disburses $230 bn in loans challenging CCP-controlled banking

Leading Chinese bizman Jack Ma’s ANT Group disburses $230 bn in loans challenging CCP-controlled banking

Beijing: – The Chinese banking sector is rocked because of the activities of the companies of Chinese billionaire Jack Ma. It has been exposed that more than USD 230 billion have been distributed in loans through the ANT Group, one of the leading e-commerce and financial technology companies. Distribution of loans is primarily a banking […]

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Will file complaint with WTO if China continues to impose restrictions on Australian imports 

Will file complaint with WTO if China continues to impose restrictions on Australian imports 

Canberra/Beijing: – Australia warned that it would file a complaint with the World Trade Organisation (WTO) against the Chinese activities in the trade sector. Since the last few months, China has started to impose sudden sanctions against products imported from Australia. China even ignored the Australian demand for clarification in this respect. Therefore, Australia, who […]

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15 countries sign the ‘RCEP’ agreement started with Chinese initiative: Claimed to be the biggest trade agreement in the world

15 countries sign the ‘RCEP’ agreement started with Chinese initiative: Claimed to be the biggest trade agreement in the world

Beijing: 15 countries, along with China, signed the ‘Regional Comprehensive Economic Partnership’ (RCEP) agreement, in a virtual meeting held on Sunday. China had presented the concept eight years ago. But after that, two leading countries, India and the United States had decided to withdraw from the agreement. The signing of this agreement, becomes significant, while […]

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Apple shifted 8 factories from China to India: IT Minister Ravi Shankar Prasad

Apple shifted 8 factories from China to India: IT Minister Ravi Shankar Prasad

New Delhi: – Union Minister for Information Technology Ravishankar Prasad stated, ‘India is emerging as the global manufacturing hub. For the first time, the international community has realised that there has to be an alternative for China for the benefit of the Global Manufacturing Ecosystem. Therefore, everyone is expectantly looking at India.’ Ravi Shankar Prasad […]

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BIMSTEC countries concur on increasing cooperation

BIMSTEC countries concur on increasing cooperation

New Delhi: The BIMSTEC countries have concurred on increasing cooperation, to face the challenges posed on the international and regional levels. A meeting of ‘Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation’ (BIMSTEC) was held recently. The special focus of the meeting was on the economic fallout of the Coronavirus pandemic. The meeting […]

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Gold rates scale historic level of USD 2,000 per ounce

Gold rates scale historic level of USD 2,000 per ounce

New York/London: The gold rate spurted on Tuesday against the background of the Coronavirus pandemic, enormous funding by the central banks of various countries and the rising tension between the United States and China. In the transactions in the US markets, the value of gold jumped by 1.7%, reaching the historic high of USD 2,021 […]

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New US bill to target China over Coronavirus, awarding rights for legal action to Americans

New US bill to target China over Coronavirus, awarding rights for legal action to Americans

Washington: – The United States sharpened the edge of the aggressive political conflict initiated against China. The leading countries of the world, including the United States, accused China of causing substantial financial losses to the global economy through the Coronavirus pandemic. Some of these countries are even preparing to file lawsuits for compensations against China. […]

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Strong anti-China protests in US and Canada

Strong anti-China protests in US and Canada

Washington/Toronto: – There were protests outside the Chinese embassy in Toronto. Indian and Canadian citizens along with people from Iran and Vietnam, shouted slogans for Free Tibet, Free Hongkong and against the Chinese aggression in Ladakh. The Indian Americans held strong protests outside the Chinese embassy in Washington.   The Indian community, the world over, has […]

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