Washington/Beijing: – The ruling communist party in China has carried out a genocide of the Uyghur people, and it is continuing. The United States announced the genocide in China, saying that the Chinese communist government is making systematic efforts to finish the Uyghur clan. US Secretary of State Mike Pompeo made a crushing allegation that […]
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Riyadh/Davos: – Crown Prince Mohammed bin Salman predicted that there could be an investment of USD 6 trillion in Saudi Arabia in this decade. He made this prediction during the virtual conference of the World Economic Forum. This investment is said to be a part of the ambitious ‘Vision 2030’ of Crown Prince Mohammed bin […]
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Washington/Beijing: – The International Monetary Fund (IMF) has warned that China needs to initiate immediate steps to avert the threats to economic stability. The Chinese economy’s debt burden has increased tremendously during the Coronavirus pandemic period, and small banks and local administrations are feeling immense pressure. At the same time, the credit rating of the […]
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Vienna: – It was decided in the meeting of OPEC, the organisation of oil-producing countries, that the oil production should be maintained at the current levels. But Saudi created a sensation with an announcement that it will be cutting down its oil production by 1 million barrels. This Saudi decision comes as a jolt to […]
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Accra/Washington: – Africa has implemented the free trade agreement, from the 1st of January 2021, against the background of killer epidemics like Ebola and Coronavirus, terrorism and ethnic conflict. Senior official Wamkele Mene announced that the agreement was active saying ‘African Continental Free Trade Area is not only a trade agreement but important means for the development […]
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New Delhi: Saudi Ambassador to India, Dr Saud Bin Mohammed Al-Sati, expressed confidence that the Indian economy will be back too normal soon and the Saudi plan to invest nearly $100 billion, in India, will also be fulfilled. Ambassador Al Sati also clarified that India is a strategic partner and one of the closest allies of Saudi […]
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Beijing: Despite the coronavirus pandemic, China’s economy was forecast to show a minimal growth while key sectors were said to have gained momentum. However, the projection is believed fake and several Chinese companies have declared bankruptcy or have defaulted on loans. From January to October this year, Chinese state firms defaulted on bonds worth $6 […]
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New Delhi: Defence Chief General Bipin Rawat indicated that China is preparing to establish its domination in the Indian Ocean region. General Rawat underlined the threat of the Chinese expansionist policies in suggestive words, ‘A military competition has been triggered in the Indian Ocean region to build strategically important military bases. More than 120 warships […]
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Beijing: – The Chinese banking sector is rocked because of the activities of the companies of Chinese billionaire Jack Ma. It has been exposed that more than USD 230 billion have been distributed in loans through the ANT Group, one of the leading e-commerce and financial technology companies. Distribution of loans is primarily a banking […]
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Riyadh: Indian Chief of Army Staff, General Manoj Mukund Naravane, is on a visit to Saudi Arabia and United Arab Emirates (UAE). The visit of the Indian Army Chief attains significance against the background of the strained relations of both these countries with Pakistan. This is the first visit of the Indian Army Chief to […]
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