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 […]
Read More »
Washington: Secretary of the Treasury Steven Mnuchin warned regarding cryptocurrency saying that Cryptocurrency and Bitcoins are used for the transaction of billions of dollars for Cybercrime, tax evasion, ransom demands, narcotics trade and human trafficking. Many people have tried to use cryptocurrency to raise funds for misconduct and carrying out criminal acts. Therefore, cryptocurrency has […]
Read More »
Hong Kong: The discord between the Chinese government and the people of Hong Kong seems to be intensifying by the day. The people of Hong Kong who were protesting against the extradition bill since the last few days, openly expressed displeasure against the Chinese traders, on Saturday. The people of Hong Kong made an aggressive […]
Read More »
Beijing: A Chinese economist and analyst, has made a dramatic statement saying that it was possible to sever the economic and trade ties, between the two leading economies of the world, the United States and China. The Chinese economist has drawn the world’s attention with the statement, just as the trade war US President Donald […]
Read More »
London: The changing geopolitical scenario in the world and the indications by the US Federal Reserve to increase the interest rates, will cause the Gold rates to spurt by the end of this year, crossing the level of $ 2,000 per ounce (28.35 grams). The Gold prices recorded in the market trades on Monday, were […]
Read More »
Niamey: Nigeria, the largest country in West Africa, has consented to join the ambitious Free Trade Agreement for the African continent. The Nigerian consent, increased the number of African countries, joining the Free Trade Agreement, to 53. At the same time, senior officials said that this makes the path smoother,for implementation of the Free Trade […]
Read More »
London/Beijing/Hong Kong: British Foreign Minister lashed out at China regarding the action against the protestors in Hong Kong, saying that oppression cannot be an option to respond against violence. At the same time, Foreign Minister Jeremy Hunt warned that the United Kingdom is democratic and a country committed to the democratic values and will not […]
Read More »
Manama: European nations could either choose the US or Iran for doing business, warned the US. Brian Hook, appointed as the special representative for Iran by the US, issued the warning during the press conference in Manama, Bahrain. European nations have set up a mechanism named ‘INSTEX’ for trade with Iran, declaring the system could […]
Read More »
Tokyo: The gigantic US aircraft carrier, USS Ronald Reagan and the largest Japanese helicopter carrier JS Izumo, conducted war exercises in the South China Sea. The United States and Japan clarified that these exercises were held to underline the freedom on movement, in this region. Tension already exists between the United States and China over […]
Read More »
Washington/Brussels: The International Monetary Fund (IMF) has warned of a major slide in the European economy owing to the trade war at the international level, No Deal Brexit and the increasing debt burden on countries like Italy. The IMF, issuing this warning, in its report released on Thursday, has pointed out that the growth rates […]
Read More »
