Paris/Washington – French analyst Renaud Girard said that the United States used the dollar excessively as a tool of political pressure. Therefore, more and more countries have been leaving the US-dominated economic system. He added that a local currency-based system was an alternative to the dollar. Moreover, countries like Russia and China have even developed […]
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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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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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Beijing: China’s economy has been hit hard by the frequent Covid outbreaks over the past year. In 2022, China’s economy registered a growth rate of just three per cent. This is the lowest level since 1976. China’s growth rate has fallen by more than half compared to 2021. In 2021, China had achieved a growth […]
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Riyadh: Saudi Arabia has informed that its cooperation with China is necessary as China is the second largest economy after the US, and it does not imply moving away from the US. Saudi Arabia has clarified that they are open to cooperating with any country. It came after discussions started that Saudi Arabia is moving […]
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London/Beijing – In the background of the increasing scope of the ongoing agitation in China and the shocks to the economy due to the ‘Zero Covid Policy’, there was a vigorous fall in the stock markets worldwide on Monday. The stock indices of the UK, France, and Germany in Europe and Japan, South Korea, Singapore […]
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New Delhi: After India announced a planned missile test, China sent its spy ship Yuan Wang 6 into the Indian Ocean region. Thereupon, India postponed its missile test. There are indications that this test will now be conducted between November 23 and 24. Beforehand, China sent one more spy ship to the Indian Ocean region. […]
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New Delhi: The Chinese Navy’s surveillance ship has entered the Indian Ocean once again. Although this ship is far from India’s maritime territory, India is keeping a watchful eye on this ship of the Chinese Navy, according to senior officials of the Ministry of Defense. DRDO will test the missile next week. Before that, a […]
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New Delhi: Saudi Arabia’s Crown Prince Mohammed bin Salman will visit India next month. The Crown Prince is said to be coming to India on a special invitation from Prime Minister Narendra Modi. Before this visit, the energy minister of Saudi Arabia will arrive in India next week. The direct transaction between the Indian rupee […]
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Washington: The USD is currently at its highest level in two decades and the rest of the world’s economies are suffering the consequences. The International Monetary Fund (IMF) has warned that the USD’s strength is becoming problematic and its effects are beginning to show. This warning from the IMF is getting support from other countries […]
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