Serbia bought 9 tonnes of Gold, against the background of economic uncertainty and slowdown

Serbia bought 9 tonnes of Gold, against the background of economic uncertainty and slowdown

Belgrade: Against the background of uncertainty over the Brexit issue in Europe and the shadows of recession created by the trade war, Serbia has bought a whopping 9 tonnes of Gold, in October. Such a colossal Gold purchase, by a small country in eastern Europe, in a single month, attracts attention. Before Serbia, European countries […]

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US congress initiates new moves to counter the Chinese challenges

US congress initiates new moves to counter the Chinese challenges

Washington: Senior US Senator Marco Rubio expressed strong support for the bill presented in the US Congress, against China saying, “For the first time in almost three decades, the United States is confronted with a near-peer competitor on the global stage in China. We must combat China’s predatory economic practices by working together with our […]

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China pressurising India to participate in RCEP, India prepares to reply

China pressurising India to participate in RCEP, India prepares to reply

New Delhi: India has refused to sign the ‘Regional Comprehensive Economic Partnership’ (RCEP) agreement. After this, China has increased cooperation with other regional countries to pressurise India to sign the agreement. While China has been taking these efforts, India has initiated steps to get the status ‘Generalised System of Preference’ (GSP) reinstated from the United […]

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US bans Chinese drones on suspicion of espionage, sharp reaction from China

US bans Chinese drones on suspicion of espionage, sharp reaction from China

Washington/Beijing: The United States administration decided to ban Chinese drones on suspicion of espionage within 24 hours of the warning issued by the US Secretary of State to stand against the Chinese challenges. The US Department of Interior banned 800 Chinese drones being used in the United States and has instructed immediate withdrawal of these […]

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US should confront China’s Communist Party not its people, US Secretary of State Mike Pompeo

US should confront China’s Communist Party not its people, US Secretary of State Mike Pompeo

Beijing: US Secretary of State Mike Pompeo warned that ‘It must be understood that the Communist Party, which runs the government and the Chinese people are not the same. The policies of China’s ruling Communist Party are posing fresh challenges before the United States as also the world. The entire world needs to stand up […]

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There is no other example like the Indo-US friendship, says Henry Kissinger

There is no other example like the Indo-US friendship, says Henry Kissinger

New Delhi: “The United States and India were adversaries during the 1971 Bangladesh war. But after that, both these countries adopted a parallel approach on economic and security issues. The seeds of cooperation between these two countries were sown during this period and today there is no other example like the Indo-US friendship,” Architect of […]

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Australia set to take China on, in the Rare Earth mineral sector, Chinese exports in that sector decline by 18%

Australia set to take China on, in the Rare Earth mineral sector, Chinese exports in that sector decline by 18%

Canberra/Washington: There seems to be a new turn in the China-Australia relations, which are already strained, over the last few years. Australia talking tough regarding the issues of the South China Sea and Chinese interference in other countries has prepared to challenge the Chinese domination in the Rare Earth Minerals sector. Talks have already been […]

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Europe at the brink of a new economic crisis, claim economists and analysts

Europe at the brink of a new economic crisis, claim economists and analysts

Brussels/Berlin: Both Germany and the United Kingdom, known to be the mainstays of the European economy are reeling under the shadows of recession. The German economy has fallen by 0.1% in the third quarter of 2019 and has recorded a decrease in demand for industrial production in the last two months. The investments in the […]

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Debt burden on the US crosses $400 trillion, claims report by a private financial institution

Debt burden on the US crosses $400 trillion, claims report by a private financial institution

Washington: A private financial institution issued a sensational warning that the total debt burden in the US economy is 20 times the Gross Domestic Product (GDP) of the United States and the number has reached nearly $400 trillion. A few months ago, the US treasury department had released information that the national borrowing is to […]

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