Washington/Moscow: The G7 members have concurred over the proposal to cap the tariffs on fuel exports from Russia. A statement has been released that a decision was taken in this regard during the meeting held on Friday. It revealed that tariffs were going to be capped to prevent Russia from funding its ongoing military operation […]
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Washington: The Chief of the US Federal Reserve, Jerome Powell, warned that the US people would have to suffer for some time given the flareup of inflation and the ongoing interest rate hike to prevent it. Inflation has flared up in the United States since last year and the inflation index reached a record 9% […]
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Washington: Leading companies globally have started cutting employees on a large scale against the background of the Coronavirus pandemic, inflation outbreak and the looming global recession crisis. Google, the leading company in the field of information technology, also gave an open warning to the employees while indicating the policy in this regard. Predicting big cuts […]
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Moscow/Tokyo: While countries from the European continent are indicating to stop import of fuels from Russia, Japan has indicated to open fuel imports from Russia once again. Japan imports nearly 10% of its fuel requirements from Russia. Japanese companies even have stakes in the Russian oil companies in far eastern Russia. Despite this, Japan had […]
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Washington/Moscow: Western countries imposed heavy sanctions on the Russian economy after the start of the Russia-Ukraine conflict. The objective was to stop the conflict by rocking the Russian economy via economic and other sanctions. But instead of Russia, the West started feeling the jolts of these sanctions. Therefore, Western countries have started withdrawing or easing […]
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Moscow/Kyiv: Russian hackers have warned that the ongoing cyberwar between Ukraine and supporting countries could be deadly. Even before the Russia-Ukraine conflict began, cyberattacks had started between the two countries. After the conflict started, Anonymous, the world’s largest hacker group, started attacking Russia in support of Ukraine. After that, a big cyber war erupted between […]
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Beijing/Washington: The Chinese dream of becoming the world leader in the semiconductor sector has been shattered. After nearly ten years of effort and an investment of roughly USD 100 billion, China has not achieved the expected success. Due to this, there is intense resentment in the ruling communist regime and President Xi Jinping, and action […]
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Washington/Beijing: China, the second largest economy in the world, continues to suffer shocks. Last month, it was revealed that China’s economic growth rate had dropped to 0.4 per cent. After that, international investors are also turning their backs on China. According to a US-based Institute of International Finance (IIF) report, foreign investors withdrew large amounts […]
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Tokyo/Washington: China is trying to use its economic might to bring about political and other changes in other countries. US Ambassador to Japan Rahm Emanuel assured that the United States would focus on strengthening trade cooperation with like-minded countries, including Japan, on countering these Chinese activities. Emanuel also explained that the United States would focus […]
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Beijing: China, the world’s second-largest economy, is still in recession. Last month, it was revealed that China’s economic growth rate had dropped to 0.4%. After that, there are indications that the crisis in China’s ‘Real Estate’ sector is taking a more serious form. International financial institutions have predicted a 30% drop in China’s housing and […]
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