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 […]
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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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All the events of taking place in the 1930s were leading to major adversity, a crisis for the Jewish people. In 1933, the Nazi Party under Adolf Hitler seized power in Germany. On 30 January 1933, Hitler ascended to power, and within no time from this event, the Jews staying in Germany started to feel […]
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Tokyo/London – After the start of the Russia-Ukraine war, the economies of the ‘G7’ group, which have been warning of weakening the Russian economy by imposing sanctions on the country, are weakening. A few days ago, it became evident that Europe’s top economy, Germany, has slipped into recession. Now, both Japan and the UK have […]
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Washington: On Tuesday, the top international rating agency Fitch Ratings, released a report on the sliding status of the US economy. This Fitch report has strongly impacted the global stock market, including the United States. Asian and European stock markets have suffered huge losses along with major US indices. After the report of Fitch, the […]
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New Delhi – Union Finance Minister Nirmala Sitharaman announced that India’s Gross Domestic Product, i.e. GDP, has reached $3.75 trillion. By sharing this information on social media, the Finance Minister has drawn attention to the issue that the US, China, Japan and Germany are ahead of India. India, which had a GDP of $2 trillion […]
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Washington/ Kyiv: After the Russia-Ukraine conflict began, the US and Western countries imposed large-scale sanctions on Russia. It also included actions to freeze and confiscate the assets of Russian entrepreneurs and citizens. The Ukrainian regime demanded that the seized assets and funds be given to them as compensation. This demand has been supported by the […]
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Moscow: In the wake of the Russia-Ukraine conflict, Western countries are imposing sanctions on Russia, one after another. Western countries claimed these sanctions would cripple Russia’s economy and stop the Russian regime from attacking Ukraine. But in reality, information is coming out that the weapon of sanctions of the West has become useless. Russian media […]
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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: At a time when the world is in the shadow of an economic slowdown, India’s trade with other countries in the fiscal year ended March 2023 seems to have touched $1.6 trillion, according to a Global Trade Research Initiative (GTRI) report. GTRI pointed out that the total trade with other countries is 48 […]
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