Beijing/Khartoum: Over the past decade, China has emerged as the largest credit lender for African countries. The increasing demand for fuel and other natural resources and the ambition to become a global superpower is said to be behind China’s economic policy. Until the last decade, the picture of China’s policy being successful stood at the […]
Read More »
Washington/ Kyiv: After the Russia-Ukraine conflict began, the US and Western countries imposed large-scale sanctions on Russia. It also included actions to freeze and confiscate the assets of Russian entrepreneurs and citizens. The Ukrainian regime demanded that the seized assets and funds be given to them as compensation. This demand has been supported by the […]
Read More »
Islamabad: Imran Khan was released on the orders of the Supreme Court of Pakistan. However, the violence triggered by the arrest led to 50 people killed, 100 injured and thousands detained. In the last few days, Pakistan suffered much more as the Pakistani rupee fell sharply to trade at 300 rupees to 1 US dollar. […]
Read More »
Washington: Hoover Institute has warned that 2000 banks in the United States are on the verge of bankruptcy. A few days back, JP Morgan Chase announced the takeover of First Republic Bank. This was the fourth bank to have collapsed in the last three months. The failure of the First Republic may not be the […]
Read More »
Moscow: In the wake of the Russia-Ukraine conflict, Western countries are imposing sanctions on Russia, one after another. Western countries claimed these sanctions would cripple Russia’s economy and stop the Russian regime from attacking Ukraine. But in reality, information is coming out that the weapon of sanctions of the West has become useless. Russian media […]
Read More »
Washington – Air India will buy around 220 passenger planes from Boeing Company in the US. The US President stated that this would create as many as one million jobs in the United States. Not even three months have passed, and more information seems to emerge about the benefits to the US due to the […]
Read More »
New Delhi – India’s refined fuel export to European countries has increased to 3,60,000 barrels per day. Due to this, India seems to have overtaken Saudi Arabia, which supplies fuel to European countries. Kepler Data, which records fuel transactions, gave this information. At the same time, ‘Kepler Data’ has also said that Russia’s fuel oil […]
Read More »
Brussels: Covid pandemic and the conflict in Ukraine has severely impacted the economy of European countries. According to a US agency, countries like Romania, Poland and Hungary are sinking in debt as their market borrowing has increased thrice. Concerned about the financial crisis, the European Union has called for an emergency meeting to review the […]
Read More »
Rome/Beijing – Italy, the only G7 country to participate in China’s ambitious Belt and Road Initiative (BRI), is preparing to withdraw. Sources indicated that the Italian government would soon decide on the BRI due to pressure from fellow European countries and the United States and its readiness to cooperate in the semiconductor sector with Taiwan. […]
Read More »
Beijing – Global Times, a mouthpiece of the Chinese government, claims that India, which the United States has poised against China, is accelerating the de-dollarisation. Global Times reported that India’s preference to trade in rupees depicts its loss of faith in the US dollar. As China is trying to replace the US dollar with its […]
Read More »
