Riyadh/Doha: Saudi Arabian Crown Price, Mohammed Bin Salman announced ‘We don’t want a war in the Gulf. But it is equally true that Saudi Arabia is ready to face any threats to our people, sovereignty, security and interests.’ Crown Prince Salman accused Iran and its affiliated terrorist organisations, of being responsible for the attacks on […]
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London/New York: Against the background of increasing uncertainty and growing tension in the Middle East, the Gold rates jumped, on Friday, above $1,350. The transactions on Friday saw a record price between $1,351 to $1,362 per ounce. This is the first time the Gold rates have recorded this level since April 2018. The rise in […]
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London/New York: Indications are consistently surfacing over the shadows of recession lengthening, in the global economy. The investors have, therefore, shifted their focus on gold once again, resulting in a massive jump in its prices on Friday. Gold was traded for $1,348.31 per troy ounce on the New York Stock Exchange (NYSE), which is the […]
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Washington/London: The trade war between the United States and China is intensifying by the day, and even the global investors and big corporates have not been able to asses the effects properly. The economists have claimed that over the last few months, the manufacturing sector in Europe as well as Asia, is taking a major […]
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Washington/Tehran: US aircraft carrier USS Abraham Lincoln entered the Middle East along with its fleet. The United States had announced the deployment to be a warning to Iran. However, claiming that the presence of this warship does not make any difference, Iran said it has the ability to sink this warship. Amid the threats received […]
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Washington: ‘The International Monetary Fund feels that the trade tensions should be resolved to the satisfaction of everyone. It assumes significance against the background of the currently raging US-China trade war, as it has threatened the global economy,’ the IMF chief Christine Lagarde warned. At the same time, she cautioned both, the United States and […]
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Tehran: Alaeddin Boroujerdia member of the Iranian parliament, warned the United States ‘If a war is sparked, everything will be turned into ash and this will not apply only to Iran.’ The United States has despatched its aircraft carrier USS Abraham Lincoln to the Persian Gulf. US National Security Advisor John Bolton said that this […]
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Washington: President Trump announced new tariffs on Chinese goods saying that the United States is suffering a loss of $500 billion per year in the trade with China and the United States would not tolerate it henceforth. The blow Trump delivered at a time when the US-China trade negotiations are in the final phases had […]
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Dubai: Deterrent effects of the US sanctions are apparent in the Iranian economy. The crisis in the Iranian economy will continue for the second consecutive year and by this year-end inflation will reach 40%, warned the International Monetary Fund (IMF). IMF has claimed in its annual report that the harsh US sanctions against the Iranian […]
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London: The effects of the US tightening the noose around Iran against oil trade have started emerging on the international level. Following the announcement by the United States, the Crude rates have spiralled to $ 75 per barrel, in just three days. As per the analysts, after the actual implementation of the sanctions, the rates […]
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