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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Washington/Tehran: The Iranian economy is already crumbling under the weight of the US sanctions, and now the US has tightened the noose further. The US State Department announced fresh sanctions on Friday. These target the Iranian nuclear program and has an action to stop the uranium enrichment process completely. State Department spokeswoman, Morgan Ortagus said […]
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Washington: In view of the trade war brewing between the United States and China, nearly 200 US companies have started preparations to move operations from China to India. A group of US entrepreneurs informed that this decision has been taken taking into consideration the progress and Stability of the Indian economy. Since the last two […]
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Damascus: US President, Donald Trump had declared that Iranian Revolutionary Guards as a terrorist organisation, a week ago. The implementation of President Trump’s decision has started, and Iran has expressed anger over this. Iranian Foreign Minister, Jawad Zarif accused the US of starting economic terrorism against Iran, with the declaration of the Revolutionary Guards as […]
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Tokyo/Beijing/Washington: The major agencies of the world have been warning that the global economy has been heading towards a recession. This recession could hit all the major economies of the world, and all the concerned countries have initiated measures to counter the threat. Japan, the third largest economy of the world has started taking rapid […]
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Islamabad: Pakistan has panicked, ever since the Financial Action Task Force (FATF), the watchdog for terrorist funding, took it to the task. A FATF delegation recently visited Pakistan. The delegation remarked that Pakistan has not taken any credible action against the funding channels of the terrorists. Following this, Pakistan, who is currently featuring in the […]
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Washington: India and the United States have increased the pressure on Pakistan with a warning, that it should take meaningful and credible action against terrorists without retreating. The United Nations has passed a resolution for stern action against those supporting terrorists. Following that, India and the United States have demanded, through a joint statement, that […]
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Beijing/Rome: The US National Security Council lashed out at Italy for participation in the OBOR scheme ‘One Belt One Road (OBOR) is a scheme started by China for enhancing its interests. Italy is one of the leading economies of the world and a very important country for investment. Participating in the OBOR, Italy is supporting […]
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Buenos Aires/Beijing: The United States has reportedly raised strong objections to the possibility of China building a nuclear power plant project in Argentina. Given US displeasure, Argentina has become evasive about signing the final agreement with China for the nuclear project, and a Chinese delegation will be soon arriving in Argentina to discuss the issue […]
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Beijing: Against the backdrop of repeated jolts received by the economy and the uncertainty in the trade war with the United States; China has increased its Gold purchases. The Chinese Central Bank has purchased Gold for the third successive month, taking the total official gold holdings to 1,874 Tonnes. This consistent purchase of gold by […]
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