Berlin: German opposition leader Alice Weidellambasted the German government ‘The money spent by the government on the migrants is an expensive Welcome Party, at the cost of the hard work of the German people.’ As per the received information, at a time, when the German economy is going through a crisis, the government has incurred […]
Read More »
Washington: The World Bank has warned that dark clouds of a new crisis are hovering over the global economy due to the pressures created because of tensions in the international trade, decreasing investment, increasing intensity of the natural calamities and the increasing debt burden. A new report released by the World Bank warns that the […]
Read More »
Jakarta: Seeds for a new economic crisis are being sown with the trade war between the United States and China, rising interest rates in the United States and declining currency value of the developing countries, was the warning issued in the meeting of the International Monitory Fund (IMF) meeting. Chief of the IMF, Christine Lagarde […]
Read More »
Ankara: Turkish President, Recep Erdogan appealed to the Turkish people to courageously face the economic crisis saying, ‘If the Turkish people show any vulnerability or indicate that the situation is weak, the enemies of Turkey will attack the country like vultures. Some people think that the target of these attacks is Erdogan, but one must […]
Read More »
London/Washington/Tehran: The crude oil prices have once again surged against the backdrop of US President, Donald Trump’s deadline to withdraw from the Iran Nuclear Deal and the Venezuelan economic crisis. On Monday, the crude oil prices in the global markets rose to $75 making it the first time since Nov 2014 to hit its highest […]
Read More »Berlin : The German economy is progressing well at present. But this trend will not continue for a long time. The German economy may collapse in the times to come, claim the German industrialists and the analysts; some industrialists reminded of the 2008 recession. A few days ago, German reporters also had claimed that there […]
Read More »
Berlin: The outgoing German Finance Minister, Wolfgang Schaeuble, gave serious indications saying that the Central Banks like the European Reserve Bank and the US Federal Reserve have been attempting to inject trillions of dollars into the financial markets. Their attempts are giving rise to the formation of ‘new bubbles‘ which in itself is an invitation […]
Read More »
Beijing: China’s top real estate company ‘Country Garden’ has not paid interest dues on US dollar bonds. This information emerged as the company announced a seven billion-dollar loss in the first six months of 2023. The company has a total debt burden of $200 billion. Besides, it has surfaced that the company does not have […]
Read More »
New Delhi: India will have the highest growth rate among the big countries. This development will increase investment and create tremendous employment opportunities in India. World Economic Forum President Borge Brende believes this will make India’s economy grow and witness a snowball effect. At the same time, President Brende has also claimed that even if […]
Read More »
New Delhi/Seoul – Economists have not agreed on whether there will be an economic recession this year. But there seems to be a consensus among economists that the Indian economy will progress the fastest. It is claimed that the supply chain crisis associated with manufacturing will also affect the economies of major countries worldwide. However, […]
Read More »
