European economy will receive a severe jolt due to Corona, warns a senior German official

European economy will receive a severe jolt due to Corona, warns a senior German official

Berlin: – Senior German official Joachim Wuermeling warned ‘The aftereffects of the lockdown in view of Coronavirus, have still not become visible. The Banking sector will have to bear a brunt of the lockdown. It is difficult to predict the scope of jolts on the economic level. But the jolt received by the banking sector, while there are indications […]

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Germany jolts Russia over Navalny poisoning issue, indicates review of ‘Nord Stream-2’  

Germany jolts Russia over Navalny poisoning issue, indicates review of ‘Nord Stream-2’  

Berlin/Moscow – German Foreign Minister issued a stern warning ‘If Russia is trying to shirk the responsibility by not cooperating appropriately in the Alexei Navalny poisoning case, Germany will be forced to review the ‘Nord Stream-2’ pipeline project.’ spokesman of Chancellor Angela Merkel also endorsed the stand and warned that no possibilities could be excluded […]

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Those challenging ‘One China Principle’ will have to pay dearly, warns Chinese Foreign Minister Wang Yi

Those challenging ‘One China Principle’ will have to pay dearly, warns Chinese Foreign Minister Wang Yi

Berlin: ‘Taiwan is an integral part of China. The Taiwan issue is an internal Chinese matter and the ‘One China Principle’ has been accepted globally. Anyone trying to violate the principle that is the basis of cooperation between China and other countries, will be the enemy of 1.4 billion Chinese people. In that scenario, the […]

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Senior Libyan leader urges US to act against Turkey for intervention in Libya

Senior Libyan leader urges US to act against Turkey for intervention in Libya

Cairo: Efforts to impose a ceasefire and initiate a dialogue between the warring factions will be started soon. Aguila Saleh, President of the Libyan House of Representatives, demanded that the United States should take action against Turkey, before that, for military intervention in Libya. A few hours ago, the United States imposed sanctions against companies, […]

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US to withdraw 9,500 soldiers from Germany  

US to withdraw 9,500 soldiers from Germany  

Berlin: President Trump has approved the plan to withdraw nearly 9,500 US soldiers deployed in Germany. Although an official reaction has not been received from Germany, on this matter, two of the senior members of the German cabinet have expressed concerns over the development. Similarly, other NATO member countries from Europe also have been concerned […]

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Germany and France declare fund worth 500 billion Euros for Europe to uplift Coronavirus Economic crisis

Germany and France declare fund worth 500 billion Euros for Europe to uplift Coronavirus Economic crisis

Berlin/Paris: A special fund of 500 billion Euros has been declared to bring the European economies, derailed due to the Coronavirus crisis, back on track. This information was revealed after the videoconference held between the heads of state of Germany and France. The list of economies most affected by the Coronavirus crisis includes leading economies […]

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More than 7,000 Coronavirus deaths in the world

More than 7,000 Coronavirus deaths in the world

Washington/Berlin: The total number of Coronavirus deaths, in the world, has reached 294,412, whereas the total number of cases has reached 4.3 million and more than 1.6 million patients have been cured. In the last 24 hours, more than 7,000 lives were claimed by Coronavirus, around the world. Whereas, there was an addition of more […]

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German economy will fall below the level seen after the second world war, warns European study group  

German economy will fall below the level seen after the second world war, warns European study group  

Berlin: – A European study group issued a serious warning that the German economy will slide to the lowest level, worse than the state after the second world war, because of crashing exports, in view of the Coronavirus pandemic. Study group ‘Institute for Economic Research’ (IFO) has said that the German economy has declined by […]

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