Washington: The World Bank has warned that dark clouds of a new crisis are hovering over the global economy due to the pressures created because of tensions in the international trade, decreasing investment, increasing intensity of the natural calamities and the increasing debt burden. A new report released by the World Bank warns that the […]
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Samarkand: Indian Foreign Minister Sushma Swaraj clarified that terrorism is an obstacle to development. ‘No business development, no investment can take place in a country suffering from terrorism. To promote business development in our region, we agreed to fight the scourge of terrorism together’, Foreign Minister Swaraj, while addressing the meeting of India with the […]
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Taipei/Canberra: A senior Chinese official claimed, “If China wishes to dominate the South China Sea it will have to inspire awe in the mind of the United States. The loss of one super carrier would cost the US the lives of 5000 service men and women. Sinking two would double that toll. We’ll see how […]
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New Delhi/Washington: The Central government has adopted a new E-Commerce policy to try and save the small and retail traders in India. It is being claimed that this will be a jolt to the foreign E-Commerce companies attracting customers with substantial discounts. Reactions about the matterare being received directly from the United States. The United […]
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Washington: Former congressman Ron Paul warned, ‘There is a major upheaval in the US stock markets. Seeing that the condition is not improving the investors will start deserting the market. The situation that will follow will be worse than the 1929 recession.’ Against the background of Paul’s warning, the US stock markets declined by nearly […]
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Beijing: Chinese President, Xi Jinping issued a stern warning ‘There is no threat from China to any country. At the same time, no country is in a position to dictate to the Chinese people what should or should not be done.’ This warning is apparently a message for the United States and indicates that the […]
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Washington: The International Monetary Fund (IMF) has warned that the debt burden in the international economy has risen to $184 trillion. The IMF has also warned that the United States, China and Japan are the countries mainly responsible for this debt burden. In consideration of the international economy, this debt burden is 225% of the […]
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Tehran/Geneva: In an apparent threat Iranian President Hassan Rouhani said, “The United States cannot stop the Iranian oil exports. However, if the United States tries to stop Iranian oil exports in the times to come, Iran will not let a single drop of Gulf oil to pass through the Persian Gulf.” A few hours ago, […]
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Paris/London: Although the European Union passed the Brexit proposal within a mere 40 minutes, the obstacles in its way have not yet been cleared as was revealed in the next 24 hours. Within a few hours of the approval, France threatened the United Kingdom over French fishing rights. The French President, Emanuel Macron threatened to […]
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Singapore: Singapore Prime Minister Lee Hsien Loong warned about the intensifying war of domination between the two superpowers in the Asian region saying ‘The ASEAN countries will have to choose between the United States and China in the future. But, let us hope that this is a distant situation.’ There is a raging trade war […]
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