Washington: Former congressman Ron Paul warned, ‘There is a major upheaval in the US stock markets. Seeing that the condition is not improving the investors will start deserting the market. The situation that will follow will be worse than the 1929 recession.’ Against the background of Paul’s warning, the US stock markets declined by nearly […]
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Washington: Shah Reza Pahlavi, heir of the Iranian royal family who has taken asylum in the United States appealed, “There will not be a slightest deviation in the stand of the Iranian government because of the harsh sanctions imposed by the United States. If the United States wants a change in the Iranian attitude, it […]
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Brussels: The economic index of the Eurozone, group of the major European countries, has scaled the lowest level, in four years of 4% and there are indications of more severe hits to the economy of the Union over the next two years. The negativity in France and Germany is held responsible for the low situation. […]
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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 […]
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Tehran: Restless as the Iranian economy is feeling the heat of the sanctions imposed by the United States, the Iranian leadership has threatened the United States. Iranian President, Hassan Rouhani threatened, ‘The sanctions imposed by the United States against Iran is a part of Economic Terrorism. I warn those who impose sanctions that if Iran’s […]
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Buenos Aires: The US-China trade war that has rocked the world economy since the last six months seems to have taken a temporary break. A decision to that effect was taken in the meeting between US President Trump and Chinese President Jinping against the backdrop of the G-20 summit in Argentina. According to this decision, […]
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Houston: Former US President, George Bush Senior expired due to old age at 94. George Bush has been recorded in history as an effective President with a significant contribution to the US victory in the Cold War and ordering an attack on Saddam Hussain’s Iraq in 1991. President Trump said in his condolence message that […]
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Moscow: Information has been received that the use of local currency bypassing the use of US dollar has increased in the Eurasian Union created with the Russian initiative. As per the information provided by Russia, 70% of the transactions in the first six months of 2018, by the members of the Eurasian Union were in […]
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Washington: The repercussions of the US sanctions can be felt in the political circles of Iran. The opposition and the extremists have started criticising that Iran is in this condition today because of the wrong policies adopted by President Hassan Rouhani and Foreign Minister Javad Zarif. An extremist group in Iran has warned that the […]
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Tehran: The Iranian economy is cornered because of the withdrawal of the European and Asian countries and companies from the trade and crude oil related cooperation, fearing US sanctions. Iran has decided to increase the share of Gold in the economy, to recover the economy, breaking the shackles. The government has ordered starting excavation of […]
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