Washington/Dubai: – US President Joe Biden has decided to open the Strategic Petroleum Reserves to bring down the fuel prices in the country. Along with the United States, China, Japan, Great Britain, South Korea and India will also open up some of their reserves. Fuel prices in the international market have been steadily rising for […]
Read More »
Washington: A survey conducted by ‘Politico’ website revealed that President Joe Biden’s policies are responsible for rising inflation in the United States. As per the poll by Politico alongside Morning Consult group, 62% of people have voted Biden to be responsible for inflation in the United States. In the same survey, over 50% of people […]
Read More »
Washington/London/Tokyo: – The claims about possible recession in the global economy, the energy crisis and rising inflation have triggered unease among investors. The unrest had erupted in global stock markets, causing them to decline for two consecutive days- on Monday and Tuesday. This fall has affected the price of crude oil as well as gold. […]
Read More »
Moscow – In defiance of the opposition from the United States and other leading countries, Russia has initiated the process to fill gas in the completed ‘Nord Stream 2’ fuel pipeline. This development becomes significant given the fuel crisis developing in Europe. Last month, the Russian company Gazprom declared that the ‘Nord Stream 2’ pipeline […]
Read More »
Beijing: – Analysts claim that a series of shocks to China’s economy will hit the post-Corona recovery of the global economy once again. The Chinese government released the economic data for July. It shows a slowdown in industrial production, retail sales, e-commerce and investment sectors. Asian stock markets have plummeted in the wake of Chinese […]
Read More »
Riyadh/Dubai – It has been reported that the dispute between Saudi Arabia and United Arab Emirates (UAE) flared up in the OPEC meeting. Because of this dispute, the meeting of OPEC and OPEC Plus members ended without coming to any firm agreement. The repercussions of this dispute in the OPEC meeting were felt in the […]
Read More »
Tokyo – Merging with China is the only option left for Taiwan; Taiwan’s independence is an invitation for war, China had threatened. Japan has befittingly responded to this Chinese threat. ‘Taiwan’s peace and stability is directly connected to Japan’s security. Japan is closely monitoring China-Taiwan relations and Chinese military movements,’ Japanese Defence Minister Nobuo Kishi […]
Read More »
Tehran – IRIS Kharg, one of the largest Iranian naval ships, caught fire and sank on Wednesday. The Iranian investigation agencies are searching for the cause of the fire, but no credible reason has been found till now. This incident took place near the Strait of Hormuz, the route for the highest crude oil movement. […]
Read More »
New Delhi: Financial transactions were adversely affected due to the restrictions imposed, in the country, given the Coronavirus crisis. The growth recorded for the fiscal ending in March has been -7%. Despite this, eight main industry sectors have reported a major increase in production. The union government announced that a growth of 56.1% was recorded […]
Read More »
Dubai: The gigantic ship that was sailing to Europe with a thousand containers is stranded in the Suez Canal. Moreover, this MV Ever Given container ship has jammed the maritime ships at large. This has immensely affected the busiest international trade routes. As per the claim, this ship seems to be stranded due to strong […]
Read More »
