Government debt in global economy mounts to $88 trillion: IMF

Government debt in global economy mounts to $88 trillion: IMF

Washington: – The International Monetary Fund (IMF) has said that the government debt burden in the global economy has reached $88 trillion. The debt is about 98% of GDP and is expected to grow further soon. During the Coronavirus pandemic period, measures taken by various countries to revive the economy led to an increase in […]

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‘Global Reset’ would create huge opportunities in India; Indian Finance Minister appeals to international investors and businesses

‘Global Reset’ would create huge opportunities in India; Indian Finance Minister appeals to international investors and businesses

New York – Production in China, considered the world’s factory, has slowed down due to corona pandemic, power shortages and other serious problems. This has led countries worldwide, which depend on China for products and raw materials, to feel the need for a ‘Global Reset’. This means the creation of a new centre of global […]

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EU parliament report says China poses major challenges to EU

EU parliament report says China poses major challenges to EU

Brussels/Beijing: – The report prepared by the members of the European Union (EU) parliament warns that China has posed major challenges in front of the EU in the diplomatic, economic, security and technology sectors. This is the second successive major jolt delivered by the EU Parliament to China. Earlier, a report regarding Taiwan had been […]

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President Xi may attack Taiwan to use it as pretext for suppressing domestic discontent, claims British tabloid

President Xi may attack Taiwan to use it as pretext for suppressing domestic discontent, claims British tabloid

London: – The Coronavirus outbreak, the slowing growth rate and the escalating energy crisis have triggered discontent among Chinese people against President Jinping. President Jinping could launch an attack on Taiwan to divert Chinese people’s attention, same as the Crimean model used by the Russian President in 2014, claimed a leading British newspaper. The intrusion […]

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Blocks cleared for vaccination of 2-18 age group: DCGI approves Covaxin

Blocks cleared for vaccination of 2-18 age group: DCGI approves Covaxin

New Delhi – The approval of Bharat Biotech’s ‘Covaxin’ for vaccinating children between the ages of two and 18 years for Covid by the Drug Controller General of India (DCGI) has given a significant impetus to coronavirus vaccination in the country. This is the second emergency vaccine for children in the country. Earlier, Zydus Cadila’s […]

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Global debt to reach 260% of GDP, predicts S&P Global Ratings

Global debt to reach 260% of GDP, predicts S&P Global Ratings

Washington: – An international financial institution, S&P Global Ratings, has forecast the global debt to reach 260% of the GDP and warned of an increase in defaulter companies on defaulters. S&P Global Ratings noted that the policies announced by various countries during the Coronavirus pandemic are the main reason for the rising debt burden.    Although […]

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Israel’s presence in Azerbaijan will not be tolerated, warns Iranian Foreign Minister

Israel’s presence in Azerbaijan will not be tolerated, warns Iranian Foreign Minister

Moscow – Hossein Amirabdohallahian, Iranian foreign minister, said Iran would not tolerate geopolitical change and map change in the Caucasus, and we have serious concerns about the presence of terrorists and Israel in this region. The warning has been issued against the background of growing military cooperation between Israel and Azerbaijan. During his first visit […]

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UK is developing offensive cyberattack capability to counter enemy-attacks: Defence Minister Ben Wallace

UK is developing offensive cyberattack capability to counter enemy-attacks: Defence Minister Ben Wallace

London: – UK is yet to suffer a ‘tier one’ and ‘catastrophic’ cyber attack and it would be a ‘dereliction of duty’ if the government were not in a position to strike back on the same scale, said Ben Wallace, Defence Minister of the United Kingdom. Furthermore, he added that the United Kingdom would develop a capability […]

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EU to invest $2bn to challenge China in Rare Earth Minerals sector

EU to invest $2bn to challenge China in Rare Earth Minerals sector

Brussels/Beijing: – Europe has initiated steps to reduce its dependence on China for Rare Earth Minerals. The group, ‘European Raw Materials Alliance’, has recommended an investment of $2 billion in this sector. This group has been formed by the European Union. Besides, the group also pointed out that the European countries are heavily dependent on […]

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