Beijing/Khartoum: Over the past decade, China has emerged as the largest credit lender for African countries. The increasing demand for fuel and other natural resources and the ambition to become a global superpower is said to be behind China’s economic policy. Until the last decade, the picture of China’s policy being successful stood at the […]
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Rome/Beijing – Italy, the only G7 country to participate in China’s ambitious Belt and Road Initiative (BRI), is preparing to withdraw. Sources indicated that the Italian government would soon decide on the BRI due to pressure from fellow European countries and the United States and its readiness to cooperate in the semiconductor sector with Taiwan. […]
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New Delhi/London – Major countries worldwide have been aware that there was no option but to increase cooperation with India to protect their interests in the Indo-Pacific region. Hence, major countries worldwide have been taking the initiative to cooperate with India for the Indo-Pacific. In addition, the United Kingdom has also taken steps to ensure […]
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Tokyo/ Moscow – Group of 7 developed countries, known as the G7, has supported and aided Ukraine in ongoing Russia- Ukraine conflict. They imposed heavy sanctions on Russia and its oil exports to weaken the Russian economy. One of the decisions was to impose a price cap on oil purchase. However, Japan, one of the […]
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Beijing – China has once again resorted to provoking India as on Sunday, China’s Ministry of Civil affairs changed the names of 11 places in Arunachal Pradesh. China has clarified that it is not interested in resolving border disputes and improving ties with India. As China announced the name changes, India has warned that Arunachal […]
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Washington – Leading economist Nouriel Roubini gave a sensational warning that hundreds of banks in America have already gone bankrupt. In an article written under Project Syndicate, Roubini warned that US banks could lose up to 80 percent of their available capital through unrealized losses. In just one week last month, three US banks went […]
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Beijing/ Washington – In the background of the sanctions imposed by the US and the increase in interest rates, it is coming to light that China has sold a large amount of US bonds. In January 2022, US debt securities were equal to $1.03 trillion. By the end of January 2023, the value of US […]
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Washington- ‘Normally speaking, or at least until five or six years ago, we were used to India not doing very well. India is having a lot of trouble, and so on, and the rest of the world is doing much better. It’s the other way around now; if India does well in attracting investment, this […]
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New Delhi: India has taken a major step to regulate cryptocurrencies, warning that cryptocurrencies could cause the next financial crisis. According to this, it has been made mandatory for everyone who deals in cryptocurrency, invests money in it and benefits from it to file ‘Know Your Customer-KYC’. Because of this, crypto traders will have to […]
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Washington: In the last few years, the use of cryptocurrencies has been increasing worldwide, and the International Monetary Fund has presented an important report in this regard. The report recommends that cryptocurrencies cannot become legal tender. At the same time, International Monetary Fund has also suggested that blockchain-like technology, which is used behind cryptocurrencies, can […]
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