Paris/Washington: The European thinktank OECD has warned that the Russia-Ukraine war will jolt the global economy. There has been a significant increase in the rates for food grain, oil and other raw materials and inflation has flared up. The European think tanks warned that this would impact the global economy. This will result in a […]
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Beijing: – Chinese aircraft carrier Shandong patrolled near the Taiwan Strait on Friday. Whereas the Chinese fighter jets intruded into the Taiwanese airspace before that. These Chinese actions were taken just before the talks between President Biden and President Jinping regarding Ukraine. Reports of the Chinese President issuing warnings to the US President during the […]
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Moscow/Washington: – The Russian Finance Minister has accused those Western countries are making frantic efforts to ensure that Russia does not repay the loans taken from foreign countries, after which the country would be declared a defaulter. Finance Minister Anton Siluanov warned that Russia will not fall prey to these tactics and will repay the […]
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Riyadh/Beijing: – Saudi, which has been selling crude oil only against the USD for the last five decades, has started preparations to start selling oil against the Chinese Yuan. Detailed discussions are being held between China and Saudi for this purpose. If the talks are fruitful, it will be a significant jolt for the USD […]
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Moscow/Beijing: – Russia has turned its attention to China to counter the stringent sanctions imposed by the western countries. The Russian banks, worst hit by the western sanctions, have started using Chinese currency, Yuan. VTB, the leading Russian bank, has appealed to its customers to convert their deposits to Yuan and has even assured an […]
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Washington/New Delhi/Beijing: The United States has claimed that the India-China tension has festered to a level that had not occurred before in the last four years. Admiral John Aquilino, chief of the US Indo-Pacific Command, gave this information during a hearing in front of the US Congress. On the one hand, China has claimed that […]
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New Delhi/Beijing: The 15th round of talks for resolving the Ladakh border dispute are scheduled to start on Friday. The Chinese foreign ministry expressed confidence that a solution acceptable to both countries would evolve from this round of talks. India once again reminded China that if the relations between the two countries have to be […]
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Moscow/London/Tehran: – There are indications that the negotiations regarding the nuclear deal between the United States and Iran are in their final stages and the agreement will be signed soon. The European countries shared this information. Iran has announced to send its Foreign Minister for the agreement. Therefore, claims are being made that the agreement […]
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Istanbul: – Turkey that had refrained from taking a stand in the Ukraine-Russia war has made major changes to its policy. By blaming Russia for starting the war against Ukraine, Turkey announced to corner the Russian destroyers in the Black Sea sector. Besides, Ukraine had made such a demand with Turkey. Initially, Turkey had refused […]
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Moscow/London/New York: Intense repercussions of the announcement made by Russian President Vladimir Putin were felt in the international markets. Crude oil rates have crossed $99 per barrel. The crude oil prices have touched this level for the first time since September 2014. Apart from the increase in crude oil prices, stock markets have tumbled in […]
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