Brussels: It has been exposed that the inflation has flared up to record levels in the European countries against the background of the Russia-Ukraine conflict. In April, the inflation rate was recorded at 7.5% in the Eurozone, a part of the European Union. This is a record for the last 25 years. It has been […]
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Helsinki: The United States and European countries are pressurising India to give up its nonaligned stand regarding the Russia-Ukraine war and take a stand against Russia. A US official had threatened India with the imposition of sanctions if India did not stop purchasing fuels from Russia. India exposed the dual-faced policies of the United States […]
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Washington: The rising inflation and declining government expenditure in the wake of the Russia-Ukraine conflict have led to an unexpected slowdown in the US economy. In the first quarter of 2022, US GDP fell by 1.4 per cent. Also, the economy grew by 6.9 per cent in the last quarter of 2021. Against this backdrop, […]
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Berlin/Moscow: The European countries, cornered after Russia stopped fuel supplies to Poland and Bulgaria, have expressed willingness to pay Russian debts in Roubles. These include Austria and Slovakia, along with Germany, the leading European country. While indications were being received that the European Union is uniting against Russia, this report has created a stir in […]
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Washington: Russia-Ukraine war is likely to have a long-term impact on the Middle Eastern and African countries. Egypt, Lebanon, Syria, and Tunisia, which are dependent on food imports from Russia, are likely to face severe food shortages leading to unrest and riots. Various international organisations and analysts have warned of searing inflation resulting in large […]
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Moscow: Nikolai Patrushev, secretary of the Russian National Security Council, attracted the world’s attention by announcing that the Russian currency Rouble, will soon be linked to gold and other essential commodities. Patrushev said that Russian experts are working on the plan. The Russian Central Bank currently has a reserve gold stock of 2,000 tonnes. Russia […]
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Moscow/Brussels: Russia has realised the warning of an equivalent retaliation against the western sanctions. Russia stopped fuel supplies to Bulgaria and Poland, both members of the European Union. Both these countries had refused the Russian proposal to pay in the Russian currency Rouble for the fuels purchased. After that, Russia stopped fuel supplies to these […]
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Tashkent: Russia will be stressing transactions in the national currency with its trading partners. Denis Manturov, Minister of Industry and Trade of the Russian Federation, appealed that these countries also should reduce the use of USD and Euro. ‘Russia has organised an international Trade Fair’ in Tashkent, the capital of Uzbekistan. The Russian Trade Minister […]
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Moscow/Washington: – Dmitry Rogozin, chief of the Russian space agency, warned about the Third World War, saying, ‘One must keep in mind that the destruction of a foreign spacecraft means World War III. It’s a casus belli (a situation that provokes war), and there’s no doubt about that.’ At this time, Rogozin also made a […]
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Washington: The western countries are demanding to boycott Russia from the G20 organisation for starting a war against Ukraine. The United States, the United Kingdom, Canada and their allies staged a walkout from the G20 meeting to build pressure. But India, China, Saudi Arabia, Brazil, South Africa and other countries are not agreeable to the […]
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