Beijing – Global Times, a mouthpiece of the Chinese government, claims that India, which the United States has poised against China, is accelerating the de-dollarisation. Global Times reported that India’s preference to trade in rupees depicts its loss of faith in the US dollar. As China is trying to replace the US dollar with its […]
Washington – When the United States uses the dollar to carry out economic sanctions, the dominance of the dollar will be at risk in the international economy, claimed the US Treasury Secretary Janet Yellen. At this time, she also admitted that countries like China, Russia and Iran are looking for an alternative to the US […]
Riyadh: ‘As part of the diversification of the kingdom’s foreign policy, Saudi Arabia is keen to join such international associations as the Shanghai Cooperation Organization-SCO and BRICS’, claimed Sergey Kozlov, Russia’s ambassador to Saudi Arabia. Besides, the ambassadors of Russia and South Africa say discussions have been ongoing in the BRICS nations about including Iran […]
Lima: The ongoing protests against the government in Peru have intensified since last month. There have been claims that about 45 people have lost their lives in this protest. Besides, there was also an attempt to seize the capital Lima by the demonstrators on Thursday. Protesters have insistently demanded the resignation of President Dina Boluarte. […]
Dubai: The position taken by the US on the dollar is forcing the allies and partners of the US to look at alternate systems. At the same time, the effects of the Russia-Ukraine conflict create an environment to accelerate efforts to create a parallel and alternate financial system to the existing global financial system. In […]
Bali: At a time when geo-political tensions, economic slowdown, food and fuel prices and the ill effects of the Coronavirus pandemic are coming to the fore, India is getting the presidency of the G20. Prime Minister Narendra Modi assured that this presidency of India would be inclusive, ambitious, decisive and proactive in such challenging times. […]
Moscow: Strong moves are being made to expand BRICS, the association of Brazil, Russia, India, China and South Africa. Russian Foreign Minister Sergey Lavrov expressed the possibility of nearly 12 more countries being inducted into BRICS. The Russian Foreign Minister said that these include countries like Algeria, Argentina and Iran. Against the background of the […]
New York: Permanent membership of the United Nations Security Council is India’s right, said External Affairs Minister S. Jaishankar a day ago. After that, Jaishankar held discussions with the Foreign Ministers of Brazil, Germany and Japan, who have claimed permanent membership of the Security Council, including India. The talks between these countries, known as the […]
New York – US President Joe Biden supports Germany, Japan and India as permanent members of the United Nations Security Council (UNSC). On the condition of anonymity, a Biden administration official informed. However, this official has also warned that a lot has to be done. Moreover, India’s lack of permanent membership in the Security Council […]
Budapest: Hungarian Prime Minister Viktor Orban warned that the ongoing conflict in Ukraine has the potential to end the dominance of the West at the international level. The Hungarian Prime Minister has also warned that the West is unlikely to win this conflict militarily. In an interview with a German magazine, Orban concluded that the […]