Washington/London/Brussels: The world’s leading central banks have again announced interest rate hikes, amid signs of a global economic slowdown. The European Central Bank, the Bank of England, and the US Federal Reserve increased interest rates. The Federal Reserve increased by 0.25 per cent, and the United States’ interest rate reached 4.75 per cent. Jerome Powell, […]
Read More »
London: Inflation in the UK has once again crossed 10% amid political upheaval, Russia- Ukraine war and soaring fuel prices. On Wednesday, the Office for National Statistics of the UK reported that the inflation index was recorded at 10.1% in September. Once again, in just three months, the inflation has exceeded 10 per cent. Earlier […]
Read More »
Washington: Local fuel companies have warned that some parts of the United States will face major blackouts during the winter. Some states in the northeastern US, apart from New England, import natural gas to meet winter electricity demand. However, due to the increased demand for fuel gas from European countries, there are indications that these […]
Read More »
Washington: On Wednesday, the US central bank ‘Federal Reserve’ announced an increase in interest rates by half a per cent. After this announcement, the interest rate in the US reached 3.25%, the highest since 2008. While announcing this, the Federal Reserve also indicated that interest rates in the United States will be increased to 4.6% […]
Read More »
Jerusalem: As per the claims, the United States and Iran have concurred upon the nuclear deal and this deal will be concluded soon. However, the Biden administration has reassured Israel by informing them that this deal is not possible as of now. Besides, the administration has assured that the United States is firm on not […]
Read More »
London: Inflation in the UK has crossed the 10% mark against the background of the Russia-Ukraine conflict and soaring fuel prices. On Wednesday, the British Office of National Statistics announced that the country’s inflation index reached 10.1%. This is the highest level since 1982. United Kingdom has become the country with the highest inflation index […]
Read More »
New Delhi: Reserve Bank Deputy Governor Michael Patra has expressed confidence that India’s required monetary policy tightening will be more moderate than other countries in the coming days. He also claimed that inflation in India would come under control in the coming months. At the same time, the RBI is trying to ensure that there […]
Read More »
Washington: The US Federal Reserve announced a historic increase of 0.75% in the interest rates on Wednesday. This is the highest interest rate hike by the Federal Reserve since 1994. Following the United States, the Bank of England and the Swiss National Bank also announced interest rate hikes. Asian stock markets collapsed along with the […]
Read More »
London/Washington: Western countries that threatened to break the spine of the Russian economy with sanctions have been hit with a massive rise in inflation. The inflation index has reached new record levels in the United States and the United Kingdom, leaders of the anti-Russia campaign. Indications are that it would increase furthermore in the months […]
Read More »
New Delhi – The huge response to Prime Minister Modi’s visit to the United States has raised concerns tremendously for Pakistan. India’s participation in the QUAD, especially with the United States, Japan and Australia, is a factor that has increased Indian influence on the international level. Pakistan fears that India will soon become a permanent […]
Read More »
