USD will lose its leader status in the global economy, warns leading financial institution JP Morgan

USD will lose its leader status in the global economy, warns leading financial institution JP Morgan

Washington: JP Morgan, the leading financial institution in the world, warned that in the coming decades the global economy is set for some landslide changes and USD will lose its influence on the worldwide economy and the system with the influence of the Asian continent will take over as the leader. Only last month, former […]

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US announces USD 10 million rewards for providing information regarding financial channels of Iran supporter Hezbollah

US announces USD 10 million rewards for providing information regarding financial channels of Iran supporter Hezbollah

Washington: The United States has initiated an aggressive campaign, to destroy the financial sources of Hezbollah, standing on Iranian and Syrian support and having a strong base in Lebanon. US President Donald Trump had achieved reasonable success, in restricting the activities of Hezbollah, by imposing harsh sanctions against it. The United States has indicated increasing […]

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Arab League to provide $100 million in aid to Palestine Arab countries pressurising Palestine to accept the US peace proposal

Arab League to provide $100 million in aid to Palestine Arab countries pressurising Palestine to accept the US peace proposal

Cairo: Following the Israeli and US decisions to corner Palestine economically, the Arab League has come to the rescue of the crisis-ridden Palestine government, in the West Bank. The Arab League declared an aid of $100 million, every month, to the Palestinian government, active in the West Bank, under the leadership of Mahmood Abbas. The […]

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China failed to provide impetus to the slowing economy; claims financial institution JP Morgan

China failed to provide impetus to the slowing economy; claims financial institution JP Morgan

Beijing: Leading financial institution JP Morgan has alleged that China, the second largest economy of the world to have slowed down and all the efforts of the Chinese government to provide an impetus have failed. Over the last month, all the indices evaluating the Chinese economic progress have shown negative results. This negative picture of […]

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French President Macron yields before the protestors by declaring a financial emergency

French President Macron yields before the protestors by declaring a financial emergency

Paris: “I have been unsuccessful in meeting the expectations of the French public, and I alone am responsible for it. I am aware that I have hurt several people with my words,” French President Emmanuel Macron yielded before the people who were protesting against him in France, with these words. At the same time, he […]

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China has ample of gold reserve to destroy US Dollar; claims Canadian financial expert and analyst

China has ample of gold reserve to destroy US Dollar; claims Canadian financial expert and analyst

Beijing/Washington: A Canadian financial expert and analyst has said that China will end the dominance of the US Dollar on the back of its gold reserve of 20000 tonnes. China’s economy is feeling the heat of the ongoing trade war with the US and therefore, China might take this aggressive step to defeat the US, […]

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US reduces aid to Palestine by $ 200 million, Palestine alleges US of blackmailing

US reduces aid to Palestine by $ 200 million, Palestine alleges US of blackmailing

Washington/Ramallah: The United States has majorly reduced the financial aid to Palestine by $200 million. The State department officials said that the cut in the aid was according to instructions from President Trump. Palestine has alleged that this action is blackmail and is in support of the Israeli plan to push the anti-peace agenda. US […]

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US shocks Pakistan by cutting its military aid, also stops the training of its military

US shocks Pakistan by cutting its military aid, also stops the training of its military

Washington: United States has delivered a strong blow to Pakistan, who is trying to increase its military cooperation with Russia and China. The US congress has passed a bill, restricting the military aid to Pakistan worth $150 million. At the same time, the decision to stop training Pakistani soldiers and officers in the US military […]

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