Paris: French President Emmanuel Macron warned that significant changes are being effected in the global situation. French people must prepare to face challenging situations in the near future. They should be willing to sacrifice a few things for this purpose.’ He mentioned the crisis developing given the Russia-Ukraine conflict and climate changes at this time. […]
Brussels: Due to the Russia-Ukraine conflict, the energy crisis in Europe is intensifying. This has put pressure on the Euro. On Tuesday, the Euro fell to a two-decade low against the US dollar. US financial institution Citibank has predicted the Euro would slide further in the coming times. Analysts claimed that the further fall in […]
Berlin: Germany’s internal state security minister Herbert Reul made a statement to warn that the current energy crisis and soaring inflation could be used to propagate conspiracy theories and carry out subversive activities. He is the internal security minister of North Rhine-Westphalia state, Germany’s largest economy and most populous state. A few days back, the […]
Washington/Beijing: China, the second largest economy in the world, continues to suffer shocks. Last month, it was revealed that China’s economic growth rate had dropped to 0.4 per cent. After that, international investors are also turning their backs on China. According to a US-based Institute of International Finance (IIF) report, foreign investors withdrew large amounts […]
Beijing: China, the world’s second-largest economy, is still in recession. Last month, it was revealed that China’s economic growth rate had dropped to 0.4%. After that, there are indications that the crisis in China’s ‘Real Estate’ sector is taking a more serious form. International financial institutions have predicted a 30% drop in China’s housing and […]
Beijing: The outbreaks of Coronavirus pandemic, the crisis in the housing sector and the heat wave have resulted in a major decline in the Chinese economy. The Chinese economy could register a growth rate of a meagre 0.4% in the April-June quarter. This is the lowest since 2020. International analysts have raised doubts about the […]
Paris: French President Emmanuel Macron has warned that the people of France should start saving electricity now. Otherwise, they will face a big crisis in winter. Macron also alleged that Russia is using fuel exports as a weapon of war and may cut off fuel supplies completely. Besides, the French President assured that the French […]
Warsaw: Aija Kalnaja, chief of Frontex, warned that the Russia-Ukraine conflict has affected food grain exports and has caused a food shortage in the African and Middle Eastern countries. The intensity of this shortage is increasing by the day. Therefore, a fresh immigrant influx could be triggered in the coming times.’ It was revealed that […]
Islamabad: Pakistan has been plagued by concerns that the country’s condition will be similar to that of Sri Lanka in the coming months. When the debt burden on Pakistan has increased tremendously, new loans must be taken at high-interest rates to run the country. Most new loans have to be used to repay the loans […]
New Delhi: Indian Foreign Minister S Jaishankar assured that India will stand with the Sri Lankan people through the crisis. Sri Lanka is receiving assurances of assistance from other countries too. But an Indian thinktank pointed out that this will not resolve the Sri Lankan Problems as Sri Lanka is completely trapped under the burden […]
