Washington/London/Tokyo: Share markets the world over crashed for the second day is succession because of the indications of increase in interest rates by the United States central bank, the ‘Federal Reserve’ and rising inflation. The slide in the United States stock market is being strongly echoed in the European and the Asian countries, while investors and […]
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Washington : Christine Lagarde, managing director of the IMF (International Monetary Fund) envisioned that if Chinese economy continues to grow at the same pace, there is a possibility that within a decade the headquarters of the ‘International Monetary Fund’ could be based in Beijing instead of Washington D.C, It is being claimed that over the next few years […]
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Beijing :The speed of the economic growth rate of China, which had taken a lead in the World economy, seems to have slowed down. According to the Chinese agencies, till 2016, China’s economy somehow managed a growth rate of 6.7%. In the last 26 years, this growth rate could be considered the lowest in China’s […]
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Berlin: The ‘Transatlantic Trade and Investment Partnership’ (TTIP), the proposed free trade agreement between the US and the EU, which would have created the largest free trade region of the world, has come to an end, claimed the German Chancellor Angela Merkel. Merkel indicated that the negotiations regarding the agreement may not be conducted further, […]
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Beijing – India used BRICS summit to outmaneuver Pakistan and presented itself as a shining star in this summit, claims the Chinese state-run daily ‘Global Times’. At the same time, the article in ‘Global Times’ also noted that the confidence of India, progressing at an excellent growth rate, is on the high, when the global […]
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Berlin / Paris : The possibility of free trade negotiations between European Union and United States is “dead”, as accused by the leading European nations, France and Germany. Germany’s Minister of Economic Affairs and Vice-Chancellor, Sigmar Gabriel, said that the negotiations have de facto failed due to exorbitant demands and pressure from United States. The French […]
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New Delhi (PTI) : Indian Finance Minister Arun Jaitley has said that overcoming the adverse impacts on the world economy post ‘Brexit’, India has proved its economical capacity. Finance Minister further expressed his trust in the Indian economy saying that at the global level India has come forward as the safest place to invest. Addressing the Lok Sabha Finance Minister Jaitley assured the House that RBI and SEBI, the regulatory authorities of the Indian banking sector and the stock market are taking proper precautions to keep the investments in India safe in the happenings post ‘Brexit’ and are constantly keeping an eye on the global […]
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Tokyo/London – After the start of the Russia-Ukraine war, the economies of the ‘G7’ group, which have been warning of weakening the Russian economy by imposing sanctions on the country, are weakening. A few days ago, it became evident that Europe’s top economy, Germany, has slipped into recession. Now, both Japan and the UK have […]
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Berlin – ‘The US is moving away from Europe and is competing with European allies to invest in green energy. China has now become Germany’s biggest rival, and their need for German products has decreased. The cessation of supplies of Russia’s affordable natural fuel gas has proved to be the final blow to Germany’s major […]
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Moscow/Washington – Russia has warned that if the G7 group, including the US, tries to confiscate Russian assets abroad and use them for Ukraine, Russia’s response will be ‘tit for tat’. These efforts initiated by Western countries will be challenged at the legal level and may weaken the foundation of the global economy, President Vladimir […]
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