Euro depreciates to two-decade low due to looming energy crisis: analysts claim a high possibility of recession

Euro depreciates to two-decade low due to looming energy crisis: analysts claim a high possibility of recession

Brussels: Due to the Russia-Ukraine conflict, the energy crisis in Europe is intensifying. This has put pressure on the Euro. On Tuesday, the Euro fell to a two-decade low against the US dollar. US financial institution Citibank has predicted the Euro would slide further in the coming times. Analysts claimed that the further fall in […]

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India slams China at UN meeting on sovereignty and security issues

India slams China at UN meeting on sovereignty and security issues

United Nations: When a country respects each other’s sovereignty and territorial integrity, its sovereignty will also be respected, India said in the United Nations, referring to China’s expansionist and two-faced policy. Analysts say India indirectly showed a mirror to China on the Ladakh and Taiwan issues through this. India’s Permanent Representative to the UN, Ruchira […]

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Ukraine conflict will end dominance of the West – Hungarian Prime Minister Viktor Orban

Ukraine conflict will end dominance of the West – Hungarian Prime Minister Viktor Orban

Budapest: Hungarian Prime Minister Viktor Orban warned that the ongoing conflict in Ukraine has the potential to end the dominance of the West at the international level. The Hungarian Prime Minister has also warned that the West is unlikely to win this conflict militarily. In an interview with a German magazine, Orban concluded that the […]

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Rise in the number of insolvent companies in Europe: Eurostat report

Rise in the number of insolvent companies in Europe: Eurostat report

Brussels: The Coronavirus pandemic, fuel shortage, and inflation have led European companies to go bankrupt. Eurostat, known as the ‘Statistics Agency’ of the European Union, recently published a report in this regard. According to the report, the number of insolvent companies has increased by 2.2 per cent in three months, from April to June. By […]

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Inflation flares up to record level in the United Kingdom – rate crosses 10% for the first time since 1982

Inflation flares up to record level in the United Kingdom – rate crosses 10% for the first time since 1982

London: Inflation in the UK has crossed the 10% mark against the background of the Russia-Ukraine conflict and soaring fuel prices. On Wednesday, the British Office of National Statistics announced that the country’s inflation index reached 10.1%. This is the highest level since 1982. United Kingdom has become the country with the highest inflation index […]

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Possibility of a nuclear deal has greatly increased – Iran’s chief advisor claims

Possibility of a nuclear deal has greatly increased – Iran’s chief advisor claims

Tehran/Washington: Iran responded to the European Union’s final proposal on the nuclear deal. A senior Iranian leader claimed that this proposal by the union was more acceptable than before. But Iran’s chief adviser warned that the proposal was not everything. Meanwhile, the United States has rebuked Iran not expecting more from the West in return […]

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China raises baton of action against senior officials after failure in the semiconductor sector

China raises baton of action against senior officials after failure in the semiconductor sector

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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India criticises China for defending terrorists in UNSC

India criticises China for defending terrorists in UNSC

United Nations: India and the United States have jointly proposed to impose UN Security Council sanctions on Abdul Rehman Makki, one of the masterminds behind the 26/11 terrorist attack on Mumbai. However, China blocked this proposal which came before the UN Security Council in June. India’s ambassador to the United Nations, Ruchira Kamboj, castigated China […]

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