Beijing/Washington: ‘China and the development of trade with it,isheading in the right direction. Soon a deal will be signed between the United States and China,’ indicated US President Trump. It has come to the fore that in the last 28 years, the performance of the Chinese economy has been the worst this year. At the […]
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Washington: US Senator Lindsey Graham warned ‘The United States withdrew its military from Iran in 2011. Following that, a dangerous terrorist organisation like IS flourished in that country. Now President Trump is withdrawing the military from Syria. This withdrawal will have more dreadful effects than the withdrawalfrom Iraq.’ Graham drew attention to the instability that […]
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London/Beijing/Washington: “As the world re-orders itself, this disconnect between the real and financial is likely to reduce, and in the process, other reserve currencies may emerge. In the first instance, I would expect these will be existing national currencies, such as the renminbi,” said the governor of the Bank of England (BoE), claiming China’s Yuan […]
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Tehran: It is clear that the Iranian economy is struggling because of the harsh sanctions imposed by the United States. As of today, one has to pay 110,000 Iranian Rial for a US dollar. The Iranian Central Bank has initiated measures to bring about changes in the valuation of the Iranian Rial. The Central Bank […]
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Washington: ‘Iran is manufacturing intercontinental ballistic missiles which can target the United States. This will threaten international security. The United States cannot remain silent while Iran is making moves to threaten international stability and security’. Pompeo alleged that these Iranian activities violate the United Nations regulations. The Iranian Foreign Minister criticised that the United States […]
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Beijing: China, successful in achieving a temporary ceasefire in the trade war with the United States, has not been able to reduce the intensity of the blow delivered by the trade war. The manufacturing Index of China has declined below 50, and this is the first time since 2016 that the index has seen such […]
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Caracas/Moscow: The Venezuelan government trapped in an economic crisis has accepted a proposal from the Russian companies to explore and excavate Gold in the country. Only a few hours ago, the reports of the takeover of Venezuelan oil companies by Russian companies had surfaced. Meanwhile, it is claimed that Venezuela has Gold reserves of nearly […]
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Washington: The US Stock markets collapsed on Monday owing to the rise in the interest rate by the Federal Reserve, the shutdown started because of non-passage of the Federal Spending Bill and the shocking decisions of President Trump. All the three indices Dow Jones, S&P 500 and Nasdaq, reported record falls, and these are the […]
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Washington: The shutdown which has caused closure of nearly 25% of the US government undertakings is likely to intensify, and the indications are that it may even extend into the new year. Although US President Trump is stationed in Washington, given the intensity of the shutdown, many members of Congress have proceeded on their Christmas […]
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Washington: The US stock markets have witnessed a significant crash amid President Trump’s refusal to sign the bill for provisions other than the one for the Mexico wall, Federal Reserve’s increase in the interest rates and the trade war. All the three market indexes namely the Dow Jones, S&P 500 and Nasdaq have suffered the […]
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