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 […]
Moscow: Experts at the international level have been warning that US-China trade war, uncertainty regarding Brexit, tensions over the Iran issue and the sanctions imposed by the United States against various countries would be the factors precipitating a global recession. Against the backdrop of this looming recession, it is reported that Russia has increased its […]
Beijing: Chinese President Xi Jinping said ‘China is faced with multiple challenges and threats at the same time, and therefore, China will have to indulge in a relentless fight for a long time to ward them off.’ President Jinping ordered the Cadres of the communist party to be prepared for a long-drawn battle mentioning the […]
London/Moscow: Many groups, including the ‘World Gold Council’ had reported an increase in the Gold purchase, by the central banks of the leading economies of the world, over the last few years. Analysts and economists have claimed that the trend in the Gold purchase will continue because of the increasing tensions at the international level, […]
Washington/Canberra: The trade war between the United States and China has flared up further, following the announcement by the US President, to tax the entire imports of Chinese goods. Against this background, discussions have started of China using the Nuclear option against the United States, which includes the US bonds and Rare Earth Minerals. Given […]
Paris: British Prime Minister, Boris Johnson, warned that if the United Kingdom exits the European Union without any agreement, it will not pay the sum of £39 billion to the European Union. The European Union retaliated, saying that there will be no trade agreement with the United Kingdom if it refuses to clear the debt. […]
Washington/Beijing: After the warning that the loot China has carried on for many decades needed to stop, President Trump issued clear instructions to the US companies operating in China to exit from the country and relocate elsewhere. As the orders came just ahead of the imposition of tariffs on the entire range of Chinese imports, […]
Washington/Beijing: “While there are no signs of an end to US and China trade war soon, China could weaponise US Treasury holdings,” warned the leading US investor Ray Dalio, founder of Bridgewater Associates. Dalio drew attention to the fact that China has been selling US dollars over the last few months. At the same time, […]
London/Washington: In order to contain the ongoing protests in Hong Kong, the Chinese ruling regime has signalled possible intervention, which has drawn criticism from the international community. US economic analyst Jim Cramer expressed concern that the Chinese interference in the Hong Kong protest will be more serious than the trade war. The last British Governor […]
Sydney: US Secretary of Defence, Mark Esper, announced that ‘The Chinese military aggression is destabilising the Asia-Pacific region. To counter the aggression, the United States will soon deploy Intercontinental Ballistic Missiles (ICBMs) in the Indo-Pacific region.’ However, the US Secretary of Defence did not provide further details concerning the country in which the missiles would […]
