The economic progress model pushing China towards becoming a superpower ends – US’s leading newspaper claims

The economic progress model pushing China towards becoming a superpower ends – US’s leading newspaper claims

Washington/Beijing – The top US newspaper has claimed that the model of economic progress that took China to become the second-largest economy in the world is over. The data revealed in the last few months confirm that the Chinese economy, which has maintained the pace of economic growth for nearly four decades, encompasses various crises. […]

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China’s financial recession will be dangerous for US economy – US Treasury Secretary warns

China’s financial recession will be dangerous for US economy – US Treasury Secretary warns

Las Vegas: ‘The US economy is in very good shape. However, China’s financial recession may threaten the US economy. The downturn in China’s economy will majorly impact neighbouring Asian countries. Besides, the US can’t avoid this crisis either,’ US Treasury Secretary Janet Yellen warned. Just a few days ago, US President Joe Biden claimed that […]

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China sends spy ship to monitor Australia’s war exercise

China sends spy ship to monitor Australia’s war exercise

Canberra – The Talisman Saber military exercise of 13 countries, including the US, the UK, France, Japan, Indonesia, Canada, and South Korea, started in Australia on Friday. A total of 30 thousand soldiers are participating in this exercise. In addition, it is claimed that this exercise is important for increasing the coordination between the United […]

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South Korea & US push Korean Peninsula to brink of nuclear war – warns North Korean think tank

South Korea & US push Korean Peninsula to brink of nuclear war – warns North Korean think tank

Seoul: North Korean government-affiliated think tank has warned that the growing aggression of the US and the puppet government of South Korean President Yoon Suk Yeol has been putting the entire Korean region on the brink of a nuclear war. These countries have made preparations to gain control over North Korea. Besides, the United States […]

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Debt burden on global economy at $305 trillion – Institute of International Finance warns

Debt burden on global economy at $305 trillion – Institute of International Finance warns

Washington – The international study group, Institute of International Finance (IIF), has warned that the debt burden on the world economy has reached $305 trillion. The IIF pointed out that factors such as the increasing ageing population in developed countries, growing expenditure on the healthcare sector, additional provision for defence due to geopolitical tensions and […]

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Pressure rises on Chinese economy – decline in imports & lack of expected growth in exports raise worldwide concern   

Pressure rises on Chinese economy – decline in imports & lack of expected growth in exports raise worldwide concern   

Beijing: Concerns are expressed worldwide due to China’s reduced imports and lack of expected export growth. Since China’s economy is closely linked to the global economy, economists have warned that whatever happens in China will have international consequences. At the same time, economists also warned that China’s economy is currently facing great danger. Therefore, the […]

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Bankruptcy of the US bank indicates a bigger crisis for technology companies – experts and analysts warn

Bankruptcy of the US bank indicates a bigger crisis for technology companies – experts and analysts warn

Washington – Silicon Valley Bank’s (SVB) announcement of bankruptcy in the US is the second-largest insolvency case of the bank since 2008. This has caused serious repercussions around the world. Silicon Valley Bank was the leading and the biggest lender to technology startups in various countries, including the US and UK. Israeli Prime Minister Benjamin […]

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China warns Australia to beware of Japan

China warns Australia to beware of Japan

Canberra: During World War II, Japan bombed Darwin, Australia. Australian civilians and prisoners of war were also killed. Be careful when making friends with such Japanese. China’s ambassador to Australia warned that Japan might target Australia again. New military cooperation is being established between Japan and Australia in security in the South China Sea, Taiwan […]

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Ukraine conflict will escalate further with US intervention – warns Russian Ambassador in the wake of Zelensky’s US visit

Ukraine conflict will escalate further with US intervention – warns Russian Ambassador in the wake of Zelensky’s US visit

Washington/Kyiv: Anatoly Antonov, Russia’s Ambassador to the United States, warned that US interference in Ukraine would further escalate the conflict, mocking that Ukrainian President Volodymyr Zelensky’s visit to the United States was a Hollywood-style trip. The Russian Ambassador also threatened that everyone knew what would happen to the US-provided Patriot missiles and the soldiers deployed. […]

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Decline in global economy is alarming – Monetary Fund, World Bank and other financial institutions draw attention

Decline in global economy is alarming – Monetary Fund, World Bank and other financial institutions draw attention

Beijing: There are indications that the decline in the global economy will continue for some time. This has been a matter of great concern; the International Monetary Fund (IMF) warned of a possible economic slowdown, in such words. The World Bank, World Trade Organization (WTO) and OECD have confirmed this statement of the Monetary Fund. […]

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