Canberra: The chief of Australia’s central bank has warned that the increasing built-up of debt in the Chinese economy, who is the biggest trade partner of Australia, can prove dangerous for both the countries. The debt to GDP ratio in the Chinese economy has risen from 100 percent to a staggering 260 percent in the […]
Read More »Washington/Islamabad: Pakistan who already has a tarnished image because of an unstable government, policy to aid the terrorists, increased violence and human rights violation seems to be in for another jolt. The International Monitory Fund (IMF) has expressed concerns over the Pakistani economy and given indications that the economy is heading towards bankruptcy. It has […]
Read More »Munich: Stating that ‘the World was close to a major conflict last year,’ the ‘Munich Security Conference’ in Europe has warned that a similar danger persists in the current year too. The report stresses on the ‘verbal volleys between the United States and North Korea’, ‘increasing enmity between Saudi Arabia and Iran’ and ‘worsening tension […]
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Beijing: The European Commission accused China of being a “distorted state-run economy”. China has expressed its displeasure on the Commission’s accusation and has criticised EU’s stand in this regard to be hypocritical and baseless. It is believed that the series of accusations between China and Europe would further strain the trade relations between both countries. The European […]
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Tokyo : Record performances posted by Japan, the world’s third largest economy, has grabbed the attention of the world. Since the start of 2016, Japan’s economic growth rate has been on the rise, a feat achieved for the first time in more than a decade. With a growth rate of 4 percent, Japan has outperformed […]
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New York, May 10 (News Agency) – The population around the world should prepare to face the third World War, warned ‘Anonymous’, an international hackers’ group. Citing the ongoing incidents worldwide, especially the explosive situation in the Korean region, ‘Anonymous’ claimed that the third World War could ignite any moment. The Third World War will […]
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Washington: Donald Trump’s victory who campaigned with the slogan ‘Make America Great again’ is believed to have shocked the establishment governing the ‘New International System’. Analysts and media claim that Donald Trump’s threat to cancel the ‘NAFTA’ and ‘Trans-Pacific Partnership’ international trade agreements, warnings regarding ‘NATO’, his aggressive stand towards refugees and his offensive against […]
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Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]
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Beijing Dated 28th June (News Agency)–Economists and research groups have purported that even though the Chinese ruling party claims the Chinese economy as being ‘stable’, but in reality the experts predict that the economy is about to face turmoil. The Brexit incident is being viewed as a backdrop that has led to record the drop […]
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London, Dated.11.06.2016-Russia was declared as the largest fuel exporter in the world for year 2015. This information was published by the leading fuel company BP. Russia exported around 75% of its oil produce and 33.7% of its CNG. A net increase of 1.2% in the fuel production of Russia compared to the year 2014 has […]
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