Paris: French President Emmanuel Macron indicated a substantial increase in defence expenditure by saying, ‘Since the Russian invasion of Ukraine, France has become a war economy. The situation could continue in France for the next many years.’ The French President has issued instructions that taking into account the significant changes in the geopolitical equations of […]
Berlin/ Vienna/ Moscow: Russia has warned the nations which sanctioned Russia to pay the fuel price in Ruble currency. Russian President Vladimir Putin has also issued an order in this regard. Consequently, the European nations have taken steps fearing that Russia could cease fuel supply to those who oppose this decision. Hence, Germany and Australia […]
Moscow – Russia’s Foreign Minister Sergei Lavrov has sharply criticized Germany for delaying the Nord Stream 2 gas pipeline project, saying it has lost its economic freedom. Just last week, Germany’s new government claimed that the Nord Stream 2 fuel pipeline had not completed all the required procedures. Within 24 hours of the claim, the […]
Washington/London/Tokyo: – The claims about possible recession in the global economy, the energy crisis and rising inflation have triggered unease among investors. The unrest had erupted in global stock markets, causing them to decline for two consecutive days- on Monday and Tuesday. This fall has affected the price of crude oil as well as gold. […]
Berlin: The new Migration Pact introduced by European Union is dangerous; the EU could import 70 million African refugees over the next 15 years, warned EU’s German MEP, Gunnar Beck. Last month itself, news had surfaced that Spain deployed its army at its borders to stop the African refugee influx. Besides, the Italian government recently […]
Berlin/Washington: German Health Minister Jens Spahn appealed during a meeting of the World Health Organisation (WHO) Wednesday that “the world is still insufficiently prepared for future epidemics and the risks they pose. Therefore, its structure needs to be rebuilt.” As part of the WHO initiative, a new global hub will be set up in Germany for research […]
Berlin/Paris: A special fund of 500 billion Euros has been declared to bring the European economies, derailed due to the Coronavirus crisis, back on track. This information was revealed after the videoconference held between the heads of state of Germany and France. The list of economies most affected by the Coronavirus crisis includes leading economies […]
Tokyo: The Japanese economy has been hit by the severe recession because of the Coronavirus pandemic, which is rampaging around the world. Japan is the first of the top three economies of the world to be hit by a recession. It is being said that the Coronavirus pandemic has resulted in the loss of nearly […]
The articles in this series have thrown light on the spectacular progress achieved as a country by Israel over just the last seventy years, or so, that is from its birth till today. Today, Israel is a highly developed ‘Free market’ economy based on Information Technology and hi-tech research. Thanks to it, Israel has developed […]
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 […]
