Washington: US President Donald Trump has completed preparations to impose import tax on Chinese goods worth a staggering $200 billion. President Trump has already instructed the administration accordingly, and new sanctions are likely to be announced next week. International analysts claim that the indications by Trump will mark a decisive phase in the trade war […]
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Buenos Aires: While the economies of the Latin American countries like Venezuela and Brazil are receiving shocks, dark clouds seem to be hovering over the Argentinian economy too. The Argentinian currency, Peso declined by about 7% on Wednesday and the warnings of this decline in the growth rate by 1% are being issued. Against this […]
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Washington: Frustrated by the declining value of the Iranian currency, Rial in the international market and the fraudulent economic policies of the Rouhani government, Iranian nationals have started looking at the neighbouring and western countries for shelter. The Iranian nationals are claimed to be illegally obtaining passports of other countries, to bypass the travel ban […]
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Ankara: Turkish President, Recep Erdogan appealed to the Turkish people to courageously face the economic crisis saying, ‘If the Turkish people show any vulnerability or indicate that the situation is weak, the enemies of Turkey will attack the country like vultures. Some people think that the target of these attacks is Erdogan, but one must […]
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Tehran: US National Security Advisor has claimed that the US sanctions against Iran have proved to be more effective than expected. Now, the political repercussions are also being felt, following the financial ones. This is evident from the decision of the Iranian parliament to dismiss Finance Minister, Masoud Karbasian. Earlier this month, the Iranian parliament […]
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Caracas: The United Nations has expressed fear that the condition in Venezuela, where a large number of citizens are fleeing the country because of the political and economic crisis, is similar to the immigrant crisis of Europe back in 2015. More than a million immigrants had entered Europe after the German Chancellor Angela Merkel opened […]
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Washington: While Russia, Turkey and the European countries are increasing their Gold reserves, the silence maintained by China about its Gold reserves seems to be suspicious, as per claims. Over the last two years, China has not declared the status of its Gold reserves. At the same time, a Goldmine having the largest Gold reserves […]
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Jerusalem: ‘The harsh economic sanctions imposed by the United States against Iran are proving to be more effective than expected. Its effects on the Iranian economy are now visible, and its repercussions are being felt in Iran,’ said US National Security Advisor John Bolton. Israeli Prime Minister Benjamin Netanyahu along with the US security Advisor […]
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New Delhi: There was a record decline in the value of the Indian Rupee against the US dollar and the Rupee declined to 69.93 per USD. The decline of Re.1.10 on Monday was the highest in a single day, over the last 5 years. As per analysts, this slide in the Indian Rupee and many […]
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Tehran: The demand for gold has increased in Iran because of the panic created after US President, Donald Trump announced his intentions of imposing fresh and harsher sanctions against Iran. The report of the World gold Council claims that a record decline in the Iranian Rial is also one of the reasons for this increase […]
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