Dubai: Deterrent effects of the US sanctions are apparent in the Iranian economy. The crisis in the Iranian economy will continue for the second consecutive year and by this year-end inflation will reach 40%, warned the International Monetary Fund (IMF). IMF has claimed in its annual report that the harsh US sanctions against the Iranian […]
Read More »
Beijing: Leading financial institution JP Morgan has alleged that China, the second largest economy of the world to have slowed down and all the efforts of the Chinese government to provide an impetus have failed. Over the last month, all the indices evaluating the Chinese economic progress have shown negative results. This negative picture of […]
Read More »
Tokyo: The Japanese economy has sustained a massive blow due to the raging US-China trade war, with a 2.5% decrease seen in growth rate during the quarter of July-September. It is said that this is the biggest downslide since 2014. Analysts claim that the indications of a global recession have further strengthened due to this […]
Read More »
Beijing: The claims that the Chinese economy will be the worst affected because of the trade war with the United States seem to be turning into a reality. The Chinese economy is hit by a severe recession because of the trade war triggered by US President Donald Trump. As per the Chinese agencies, the growth […]
Read More »
Beijing: China has warned that the intensifying trade war started by the United States will result in a global economic slowdown. The Chinese economic growth rate has seen a decline for the second consecutive quarter, and it is being attributed to the trade war with the United States. US President, Donald Trump has warned of […]
Read More »
Read More »
Berlin – ‘The US is moving away from Europe and is competing with European allies to invest in green energy. China has now become Germany’s biggest rival, and their need for German products has decreased. The cessation of supplies of Russia’s affordable natural fuel gas has proved to be the final blow to Germany’s major […]
Read More »
Moscow/Washington – Russia has warned that if the G7 group, including the US, tries to confiscate Russian assets abroad and use them for Ukraine, Russia’s response will be ‘tit for tat’. These efforts initiated by Western countries will be challenged at the legal level and may weaken the foundation of the global economy, President Vladimir […]
Read More »
Washington/Moscow: It has come to light that the US, which has imposed sanctions on Russian fuel and many other products, has imported uranium worth a billion dollars from Russia to aid Ukraine in the Russia-Ukraine war. The US had purchased over one billion dollars worth of uranium from Russia. The transaction comes at a time […]
Read More »
Washington: The US national debt has increased by $2.6 trillion in just six months. In the last six months, the US’s debt burden has increased by more than $400 billion every month. Along with this, Republican Party MP John James provided information that the debt burden of every citizen of the US is now more […]
Read More »
