Trust in the US dollar across the world is on decline: Russian President Vladimir Putin

Trust in the US dollar across the world is on decline: Russian President Vladimir Putin

Moscow/Washington: Russian President Vladimir Putin claimed, ‘The Use of the US dollar, ever since it became operational as the international currency, is being made to pressurise the world. Therefore, the world is losing faith in the US dollar.’ At the same time, Putin warned that the campaigns initiated by the United States against the Chinese […]

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Shadows of global recession darken further, against the background of decline in manufacturing sector and US-China trade war

Shadows of global recession darken further, against the background of decline in manufacturing sector and US-China trade war

Washington/London: The trade war between the United States and China is intensifying by the day, and even the global investors and big corporates have not been able to asses the effects properly. The economists have claimed that over the last few months, the manufacturing sector in Europe as well as Asia, is taking a major […]

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China threatens US on the Rare Earths Minerals issue; US Defence Department submits report to the Congress

China threatens US on the Rare Earths Minerals issue; US Defence Department submits report to the Congress

Washington/Beijing: China has threatened that Rare Earth Minerals can be a counter weapon, in the hands of China and the United States should not underestimate the power of Chinese retaliation. The official newspaper of the Chinese ruling communist party, the Peoples Daily carried this threat, and China has started preparations to stop the export of […]

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US terminates GSP status awarded to India

US terminates GSP status awarded to India

Washington: The US President has decided to target the duty-free import of Indian goods, worth $ 5.6 billion. The Generalised System of Preference (GSP) status, awarded to India, which kept these imports duty-free, will be revoked from June 5. However, India termed the decision to be unfortunate. The US President said that this decision was […]

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The US to impose more taxes on China, a ‘Currency Manipulator’, proposes US Trade department

The US to impose more taxes on China, a ‘Currency Manipulator’, proposes US Trade department

Washington: The United States has been preparing to corner China on the currency issue, after targeting it through the trade war. The US trade department has proposed the imposition of tax on countries controlling the value of their currencies. The list will include countries like India, Australia, Germany, Switzerland, Japan, South Korea, along with China, […]

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In trade war with US, China may use the alternative to curb supply of rare earth minerals, crucial for tech industry

In trade war with US, China may use the alternative to curb supply of rare earth minerals, crucial for tech industry

Beijing: The Chinese regime has initiated moves to jolt the United States, which has delivered shocks to China one after another. Chinese President Xi Jinping visited the rare earth minerals production facility in China. Jinping’s visit is said to be an indication of China stopping the supply of rare earth minerals to the United States. […]

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US warships reach Middle East; Iran threatens once again to sink these warships

US warships reach Middle East; Iran threatens once again to sink these warships

Washington/Tehran: US aircraft carrier USS Abraham Lincoln entered the Middle East along with its fleet. The United States had announced the deployment to be a warning to Iran. However, claiming that the presence of this warship does not make any difference, Iran said it has the ability to sink this warship. Amid the threats received […]

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Russian President Putin commands to concentrate on ‘Hypersonic Missile Defence’ and ‘Aerospace Force’

Russian President Putin commands to concentrate on ‘Hypersonic Missile Defence’ and ‘Aerospace Force’

Moscow: Russia has initiated strong actions to develop the capabilities in the space following the United States announcement to establish a Space Force and assigning it the status of a Combat Command. Russian President Vladimir Putin ordered to focus on the Aerospace Command, a part of the defence forces, to develop this sector. The order […]

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New Trump threat causes a dip in the Chinese stock market and currency; China claims to not bow to external pressures

New Trump threat causes a dip in the Chinese stock market and currency; China claims to not bow to external pressures

Washington: US President Donald Trump issued a formidable threat that if China does not sign a trade agreement now, it will face dire consequences from the year 2020. Intense repercussions of the threat issued by Trump were felt in China, and the stock markets and currency recorded a massive crash. While the effects of the […]

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