Washington/Moscow: It has come to light that the US, which has imposed sanctions on Russian fuel and many other products, has imported uranium worth a billion dollars from Russia to aid Ukraine in the Russia-Ukraine war. The US had purchased over one billion dollars worth of uranium from Russia. The transaction comes at a time […]
Washington: The US national debt has increased by $2.6 trillion in just six months. In the last six months, the US’s debt burden has increased by more than $400 billion every month. Along with this, Republican Party MP John James provided information that the debt burden of every citizen of the US is now more […]
Riyadh/Beijing: Saudi Arabia and China have signed a currency swap agreement worth 50 billion yuan. According to sources, this agreement was signed between the two central banks, ‘Central Bank of Saudi Arabia’ and ‘The People’s Bank of China’. Earlier this year, Saudi Arabia had hinted at using currencies other than the US dollar for fuel […]
Moscow/Caracas – The Foreign Minister of Venezuela, Yvan Gil Pinto, currently visiting Russia, has announced de-dollarisation from the ongoing bilateral trade with Russia. Foreign Minister Pinto also clarified that the two countries have agreed on this, and the process of using the national currencies is in the final stages. Besides, Russia has welcomed this and […]
Washington/Beijing – The top US newspaper has claimed that the model of economic progress that took China to become the second-largest economy in the world is over. The data revealed in the last few months confirm that the Chinese economy, which has maintained the pace of economic growth for nearly four decades, encompasses various crises. […]
New Delhi: As an emerging economic power, India should create its own ‘rating’ institution and standard without depending on others for ‘rating’, advised Sanjeev Sanyal. This appeal made by Sanyal, a member of the Economic Advisory Committee to the Prime Minister, is of great importance in the present times. Because in the rating list of […]
Beijing – The Chinese Communist regime’s economic advisor warned that if the problem of rising unemployment in China is not handled properly, it will have serious social consequences beyond the financial arena. He also warned that the unemployed youth might pose a political threat. He said that multinational companies have been retreating from China after […]
New Delhi: Prime Minister Narendra Modi and Russian President Vladimir Putin had discussions over the telephone. After the rebellion of the Wagner Group, this conversation between the leaders of both countries is considered quite significant. During this conversation, Prime Minister Modi expressed India’s support for Russia to President Putin. It was clear from the talks […]
Kuala Lumpur: Nearly 500 million people worldwide are expected to move to cities over the next seven years due to the growth of the global economy. Due to this, the fuel requirement will increase more. The demand for essential crude oil will rise to 110 million barrels per day in the next decades, claimed the […]
Washington – Prime Minister Modi’s visit to the United States was not anti-China, the US White House clarified recently. However, analysts worldwide are stating that the cooperation of India and the United States is against the China threat. The US strategic analysts have realised that the United States is facing a serious challenge from China, […]