Riyadh: Saudi Arabia has threatened Qatar saying that ‘Qatar should send its army to Syria and provide financial aid to the United States military campaign here. If that is not possible then Qatar should give up the United States protective shield and be prepared to lose its regime’. Qatar has reacted on the threat and […]
Read More »Brussels: ‘The Bank for International Settlements’ (BIS) has warned that the Chinese banking industry is on the brink of a major calamity. The credit-to-GDP gap; and the debt of the Chinese economy will be the two factors responsible for this crisis, said the warning. This warning issued by ‘The Bank for International Settlements’ to China […]
Read More »Washington/Islamabad: Pakistan who already has a tarnished image because of an unstable government, policy to aid the terrorists, increased violence and human rights violation seems to be in for another jolt. The International Monitory Fund (IMF) has expressed concerns over the Pakistani economy and given indications that the economy is heading towards bankruptcy. It has […]
Read More »Davos: ‘BAE Systems’ from Britain is keen on manufacturing defence equipment in Maharashtra. Chief minister Devendra Fadnavis announced this after a positive discussion in the meeting with the president of the company Roger Carr. He appealed the international investors to invest in Maharashtra and expressed confidence to take the economy to a trillion dollars in […]
Read More »Washington: “To what extent shall we be able to sustain the continuously increasing debt burden on the US economy, is a worrisome question which frequently pops up in my mind. America’s Debt to GDP ratio of 75%, may not be a reason for scare, but it is certainly a cause of concern serious enough to […]
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Beijing : Economists have warned that Chinese President Xi Jinping’s ambitious ‘One Belt One Road’ Project is posing a danger to the global financial system. Government banks of China are trying to raise funds to be issued as loans to the deprived and potentially dangerous countries. Economist Xu Chenggang and Bjorn Conrad have raised their […]
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Tokyo : Record performances posted by Japan, the world’s third largest economy, has grabbed the attention of the world. Since the start of 2016, Japan’s economic growth rate has been on the rise, a feat achieved for the first time in more than a decade. With a growth rate of 4 percent, Japan has outperformed […]
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Berlin : While German Chancellor Angela Merkel strives to unite the European Union, struggle is on within Germany for liberation from the Merkel government as well as European Union. The Bavaria province of Germany which is the largest province and industrial centre is increasingly seen favouring independence. A survey conducted by a leading newspaper of […]
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New Delhi: The Goods and Service Tax (GST) which is supposed to be the most important reform in India’s taxation system, is set to be implemented from July 1, 2017. The Chief Eexecutive Officer (CEO) of NITI Aayog, Amitabh Kant, believes that the implementation of GST can help India achieve a growth rate upto 9%. […]
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Berlin : Although the concept of ‘United Army’ proposed by the European Union has not been supported by all member nations, Germany has begun taking solid and fast steps towards it. Since past few years, Germany has started to enhance the military cooperation with nations such as France, Netherlands, Romania and Czech Republic. It has […]
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