Berlin – ‘The US is moving away from Europe and is competing with European allies to invest in green energy. China has now become Germany’s biggest rival, and their need for German products has decreased. The cessation of supplies of Russia’s affordable natural fuel gas has proved to be the final blow to Germany’s major […]
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Moscow/Caracas – The Foreign Minister of Venezuela, Yvan Gil Pinto, currently visiting Russia, has announced de-dollarisation from the ongoing bilateral trade with Russia. Foreign Minister Pinto also clarified that the two countries have agreed on this, and the process of using the national currencies is in the final stages. Besides, Russia has welcomed this and […]
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London – Increased tension due to global geopolitical activities and signs of economic recession has caused central banks to turn their stance towards gold, which is considered a safe investment now. In the first nine months of 2023, central banks have purchased more than 800 tonnes of gold. According to the information shared by the […]
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New Delhi: As an emerging economic power, India should create its own ‘rating’ institution and standard without depending on others for ‘rating’, advised Sanjeev Sanyal. This appeal made by Sanyal, a member of the Economic Advisory Committee to the Prime Minister, is of great importance in the present times. Because in the rating list of […]
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Washington: On Tuesday, the top international rating agency Fitch Ratings, released a report on the sliding status of the US economy. This Fitch report has strongly impacted the global stock market, including the United States. Asian and European stock markets have suffered huge losses along with major US indices. After the report of Fitch, the […]
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Washington – Prime Minister Modi’s visit to the United States was not anti-China, the US White House clarified recently. However, analysts worldwide are stating that the cooperation of India and the United States is against the China threat. The US strategic analysts have realised that the United States is facing a serious challenge from China, […]
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Moscow: Russia has welcomed the applications filed by Bangladesh and Egypt to be part of the influential BRICS group of developing countries. The issue of expanding BRICS will be discussed in August, and then a decision will be taken on the applications of Bangladesh and Egypt, announced the Russian Foreign Ministry. At the same time, […]
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Doha – US’s leading economist Nouriel Roubini warned that the Biden administration’s failure to take a firm decision on raising the debt ceiling could have serious consequences. He said this would lose confidence in the US dollar, and global markets would collapse. He added that the results will be seen on Wall Street in the […]
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Hiroshima – Prime Minister Narendra Modi has arrived in Hiroshima, Japan, and will participate in the G7 meeting. The Prime Minister will then visit Papua New Guinea and Australia. The G7 meeting expects to have serious discussions against China’s hegemonic activities, including the Russia-Ukraine conflict. Therefore, the presence of the Prime Minister of India in […]
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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. […]
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