Landon: Chris Watling, a British analyst, warned about the drop oil prices to 10 dollars per barrel in next few years. He said that, “Development in electric cars will cause significant events around the world. As 70 percent of all the crude oil produced is used for transportation. We cannot forget that approximately 120 years ago the world was not […]
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Riyadh/Moscow : In the light of the statements issued by Russia and Saudi Arabia, the world’s biggest oil producers , the prices of crude oil have soared. For the very first time after almost three weeks the rates of crude oil have touched $45 per barrel. On Monday, prices of crude oil were noted at $45.13 […]
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New Delhi: Since the United States imposed harsh sanctions targeting Russian oil exports, Russia has proposed to supply oil at a concessional rate to India as a trusted ally. As the crude prices are inflated in the international markets, it is reported that India is mulling over accepting the offer. Few sources from Indian Oil […]
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Washington/London: 175,734 lives have been lost in the Coronavirus pandemic worldwide, and out of these, 107,000 are from Europe and more than 43,000 are from the United States. The disastrous effects of the outbreak have already started showing, and the crude oil rates have reached near zero. Although the condition improved after some time, a […]
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Washington: The International Monetary Fund (IMF) has warned that the social tensions in the Arabic world are becoming intensifying, in view of the increasing unemployment and the consistently declining growth rates and the discontent is rising in these countries. This warning by the IMF becomes significant against the background of the agitations going on in […]
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Washington: ‘The International Monetary Fund feels that the trade tensions should be resolved to the satisfaction of everyone. It assumes significance against the background of the currently raging US-China trade war, as it has threatened the global economy,’ the IMF chief Christine Lagarde warned. At the same time, she cautioned both, the United States and […]
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Washington: President Trump announced new tariffs on Chinese goods saying that the United States is suffering a loss of $500 billion per year in the trade with China and the United States would not tolerate it henceforth. The blow Trump delivered at a time when the US-China trade negotiations are in the final phases had […]
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Tokyo/London: The Global stock markets saw a sharp decline, against the backdrop of the increasing uncertainty over the Brexit issue and the growing shadows of slowdown on the global economy. The US Dow Jones index had declined by a whopping 460 points on Friday. Its reflections were seen in the Asian and European markets. Japanese […]
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Tokyo/London: The record crash in the US stock markets has severely hit the major stock markets in Asia and Europe. The indices in the leading economies of Japan and China in Asia and the index in the United Kingdom, France and Spain have also recorded decline. The analysts have indicated that the decline will continue […]
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Washington: The remittances to India from NRIs who are employed or involved in businesses abroad, have been USD 80 billion during the year, states a World Bank report. India tops the world’s list of remittances followed by China, Mexico and Philippines. The remittances have resulted in the strengthening of the Indian economy while the World […]
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