The international system in a dangerous situation and the pit of anarchy, former US State Secretary Condoleezza Rice

The international system in a dangerous situation and the pit of anarchy, former US State Secretary Condoleezza Rice

Abu Dhabi: Former US Secretary of State Condoleezza Rice warned ‘The decline of the international system has started, and the situation is dangerous and trapped in the pit of anarchy. This situation has arisen because of jolting the systems established after the second world war.’ Rice claimed that the challenges faced by the free trade […]

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The discontent in the Arab world on the rise because of the increasing unemployment and declining growth rate

The discontent in the Arab world on the rise because of the increasing unemployment and declining growth rate

Washington: The International Monetary Fund (IMF) has warned that the social tensions in the Arabic world are becoming intensifying, in view of the increasing unemployment and the consistently declining growth rates and the discontent is rising in these countries. This warning by the IMF becomes significant against the background of the agitations going on in […]

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Finance Minister makes important announcements to increase the economic growth rate, incentive schemes for export and housing sector

Finance Minister makes important announcements to increase the economic growth rate, incentive schemes for export and housing sector

New Delhi: Union Finance Minister Nirmala Sitharaman,announced some important decisions, given the reduced economic growth rate and the stunted growth rates in certain sectors. Special announcements have been made to incentivise the export and housing sector. These include financial assistance of ₹500 billion for the export and ₹100 billion for the housing sector. The Union […]

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Investors will turn to Singapore instead of Hong Kong in view of the protests, claims renowned investor Jim Rogers

Investors will turn to Singapore instead of Hong Kong in view of the protests, claims renowned investor Jim Rogers

Singapore: Major financial implications of the Hong Kong protests, will be seen in the near future. There is a strong possibility that the identity of Hong Kong as a financial centre will start fading. Owing to the instability created in Hong Kong, in view of the protests, the investors will turn to countries like Singapore, […]

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International airport paralysed for a second day because of the violent Hong Kong protests

International airport paralysed for a second day because of the violent Hong Kong protests

Hong Kong: As the sit-in rally that protesters staged by occupying the international airport in Hong Kong intensified, the operations at the airport were shut for two straight days. The disrupted air services have severely impacted the global markets resulting in downslide of Asian stock markets. Alongside air services, the effects of the protests are […]

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