Tehran: There was a major crash reported in the value of Iranian Rial in view of the sanctions imposed by the United States in the last month, the Coronavirus crisis and the slump in the international oil markets. Local sources informed on Saturday that the Iranian Rial was exchanged at the rate of 193,400 Rials […]
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New Delhi: The Indian Foreign Exchange (Forex) reserves have increased to cross the USD 500 billion mark. This takes India to the fifth spot in the list of countries with the highest forex reserves. The economists are looking at the increased forex reserves as an excellent sign. As per the economists, forex reserves have increased […]
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Washington/London: 175,734 lives have been lost in the Coronavirus pandemic worldwide, and out of these, 107,000 are from Europe and more than 43,000 are from the United States. The disastrous effects of the outbreak have already started showing, and the crude oil rates have reached near zero. Although the condition improved after some time, a […]
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Washington/Riyadh: Following the agreement between OPEC and Russia regarding a historic cut in the crude oil production, there are indications of a fuel price rise in the international market. The rates of US crude rose by 2.6% on Monday, and it is claimed that there will be a further improvement in rates shortly. Meanwhile, US […]
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New York: – The number of deaths in the United States has reached 2,490. The maximum number of deaths have been reported from the New York State. The advanced health care system here also is under tremendous strain. The open ground is being converted into emergency hospitals, as there is no place in the hospitals […]
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Washington: US economist and investor Peter Schiff warned ‘The current situation in the United States is the beginning of the biggest economic crisis in the history of the United States. The intensity of the new recession is so dreadful that the crisis in 2008 will look minuscule, in front of it. The situation will be […]
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London/Washington/Beijing: The global economy is being hit because of the outbreak of the Wuhan virus, which is spreading rapidly in China and the other countries. The investor concerns are increasing with the increasing number of patients infected with Wuhan virus in China, and in effect, the US, European and Asian markets have crashed. Following the […]
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Tripoli/Ankara: 2400 Turkish mercenaries have arrived in the capital Tripoli for the security of the Sarraj government. Turkey has announced the deployment of 6000 mercenaries in Libya. Along with these, the Turkish military and soldiers from the Turkish Muslim Brotherhood, also have been despatched to Libya. It was decided during the Berlin meeting that no […]
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Washington: The United States issued a stern warning to Iraq that it should drop the thought of US military withdrawal. Otherwise, the United States block dollar remittances received against crude oil sales. All the Iraqi accounts in US banks will be frozen. A leading US newspaper carried this report; Iraq demanded the US soldiers to […]
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Riyadh/Tokyo: – Japanese Prime Minister Shinzo Abe reached Riyadh, the capital of Saudi Arabia, on the first leg of his five-day visit to the Gulf. This visit of the Prime Minister of Japan, the biggest importer of crude oil from the Gulf, against the background of action taken by the United States against Qassem Soleimani […]
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