London/Washington/Beijing: The global economy is being hit because of the outbreak of the Wuhan virus, which is spreading rapidly in China and the other countries. The investor concerns are increasing with the increasing number of patients infected with Wuhan virus in China, and in effect, the US, European and Asian markets have crashed. Following the […]
Washington: International Monetary Fund (IMF) warned that if corrective measures are not taken regarding the increasing disparity between the rich and poor, there is a looming threat of ‘The Great Depression revisiting the global economy, like the decades of 1920 and 1930. The chief of the IMF warned that credit policies of the countries can […]
Washington: US President Donald Trump has warned, ‘The so-called Iranian supreme leader, who is no more supreme, used inappropriate language against Europe and the United States. The economy of this country is collapsing and the population is facing a crisis. In such a scenario, he should be careful about the choice of words.’ Iranian supreme […]
Washington/Beijing: Former US National Security Advisor (NSA), James Jones, has warned that ‘The Chinese stand is very clear regarding the long-term objectives, from policy and strategy point of view. The United States needs to consider these Chinese objectives very seriously. The United States should be aware that China is the most serious threat to the […]
Washington: The United States issued a stern warning to Iraq that it should drop the thought of US military withdrawal. Otherwise, the United States block dollar remittances received against crude oil sales. All the Iraqi accounts in US banks will be frozen. A leading US newspaper carried this report; Iraq demanded the US soldiers to […]
New Delhi: The effects of the US killing of General Soleimani are becoming apparent on the global economy and puts stress on the Indian economy too. A sharp decline has been recorded in the Indian stock markets and the investors have lost a whopping ₹3.36 trillion. There has been a big rise in the gold […]
New Delhi: The Confederation of Indian Industry (CII) has expressed a hope that the Indian economy is expected to rebound in 2020. The CII President said that this would become possible because of the corrective measures taken by the central government and the Reserve bank of India. The CII President said that the negative trend […]
Washington: The US Cyber Command is planning to launch cyberattacks on Russia given the US Presidential elections scheduled to be held in 2020. Claims have surfaced of Russia launching cyberattacks on the US systems to interfere in the US Presidential elections in 2016. A leading US daily, therefore, stated that to prevent Russian interference in […]
New Delhi/Washington: Chief Economist of the International Monetary Fund (IMF), Geetha Gopinath, met Indian Prime Minister Narendra Modi and held talks. A few days ago, Geetha Gopinath had expressed concerns over the slowdown in the Indian economy. Citing regulatory uncertainty as one of the significant reasons in the slowdown of the Indian economy, Geetha Gopinath […]
Lumpur: Malaysian Prime Minister Mahathir Mohammed advised that the Islamic countries should start using Gold Dinar as currency or barter exchange system. Mahathir Mohammed expressed confidence that this would facilitate countering sanctions imposed by countries like the United States. Iran and Turkey have supported the idea, and there are indications that steps will be initiated […]
