Washington: The world is moving from currency to cryptocurrency. The economists are claiming that cryptocurrency will be the future of the world. Reports of some countries moving towards cryptocurrency, also have been published. It has also been revealed that leading financial institutions and banks are seriously considering the use of cryptocurrency. But now the World […]
Washington : Christine Lagarde, managing director of the IMF (International Monetary Fund) envisioned that if Chinese economy continues to grow at the same pace, there is a possibility that within a decade the headquarters of the ‘International Monetary Fund’ could be based in Beijing instead of Washington D.C, It is being claimed that over the next few years […]
Beijing: There are indications that the decline in the global economy will continue for some time. This has been a matter of great concern; the International Monetary Fund (IMF) warned of a possible economic slowdown, in such words. The World Bank, World Trade Organization (WTO) and OECD have confirmed this statement of the Monetary Fund. […]
Kabul – The interim Prime Minister chosen by the Taliban was forced to appeal to Afghanistan. Afghanistan has reached a stage of bankruptcy. In this situation, the international community should not stop the financial aid to Afghanistan. The United States also should release the frozen Afghan funds of $9.5 billion. Along with this, the interim […]
Beijing – The United States has frozen nearly USD 9 billion in Afghan assets in its territory since the Taliban took control of the country. A decision to impose sanctions on the Taliban could be taken at the forthcoming G7 meeting. In such a scenario, China has announced to provide financial assistance to Afghanistan. China […]
Huston: International health expert Dr Peter Hotez commended India, saying that India is taking a compassionate stand with many countries of the world and supplying the Corona vaccine and is rescuing the world from the Coronavirus pandemic. Dr Hotez also noted that the international community could not ignore this huge Indian contribution. Gita Gopinath, Chief […]
Abu Dhabi: Former US Secretary of State Condoleezza Rice warned ‘The decline of the international system has started, and the situation is dangerous and trapped in the pit of anarchy. This situation has arisen because of jolting the systems established after the second world war.’ Rice claimed that the challenges faced by the free trade […]
Washington: The International Monetary Fund (IMF) has warned that the debt burden in the international economy has risen to $184 trillion. The IMF has also warned that the United States, China and Japan are the countries mainly responsible for this debt burden. In consideration of the international economy, this debt burden is 225% of the […]
Berlin: ‘To save the Iran nuclear deal from the stringent US sanctions, European countries need to create an independent lending system and International Monetary Fund independent of the United States. This will strengthen the autonomy of Europe,’ appealed German Minister for Foreign Affairs Heiko Maas. His remarks indicate that the relations between Germany and the […]
New Delhi/ Paris : The decision to include Pakistan in the ‘Watch List’ has been taken in the ‘Financial Action Task Force’ (FATF) meeting held in Paris. This comes as a major shock for Pakistan. Importantly, China an ally of Pakistan and Saudi Arabia, acting on behalf of the ‘GCC’ have shocked Pakistan, voting in […]