Singapore: Major financial implications of the Hong Kong protests, will be seen in the near future. There is a strong possibility that the identity of Hong Kong as a financial centre will start fading. Owing to the instability created in Hong Kong, in view of the protests, the investors will turn to countries like Singapore, […]
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Harare/Bulawayo: Inflation in Zimbabwe has increased by 175% due to the increase in the fuel and essential commodities prices and shortage of liquidity. Alleging that the government policies are responsible for this inflation, the Movement for Democratic Change party has prepared to start an aggressive agitation against the government. But the government also has made […]
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Washington: – US President, Donald Trump warned that if the ruling Chinese government repeats the Tiananmen Square massacre, in Hongkong, the US-China trade agreement will come under threat. President Trump also made a statement that he hoped that the Hongkong problem would be addressed humanely. President Trump mentioning Tiananmen, against the background of the paramilitary […]
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Washington: US President Donald Trump announced that the United States would be purchasing Greenland, a strategically important territory in the Northern Hemisphere. The announcement was claimed to be a joke earlier although President Trump underlined the seriousness of the issue stating that it was not humour. Greenland is an autonomous territory of Denmark, and President […]
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New Delhi: Prime Minister, Narendra Modi expressed satisfaction that finally, the people of India can Chant ‘One Country, One Constitution’ now, as the article 370, awarding special status to Jammu-Kashmir has been scrapped. While addressing the countrymen from the Red Fort, on the occasion of the 72nd Independence Day, Prime Minister justified the decision on […]
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Hong Kong: As the sit-in rally that protesters staged by occupying the international airport in Hong Kong intensified, the operations at the airport were shut for two straight days. The disrupted air services have severely impacted the global markets resulting in downslide of Asian stock markets. Alongside air services, the effects of the protests are […]
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London/New York: The intensifying trade war between the United States and China and the further flareup caused in it, because of the currency war, caused a huge leap in the Gold rates. On Wednesday, Gold reached a record level of $1,503 per ounce, in the transactions on the ‘COMEX Gold Futures’, in the United States. […]
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Washington: President Trump has ordered a freeze on all Venezuelan assets in the United States. The move taken by the United States against Venezuela remains the harshest by far. It has invoked severe reactions from the international level. President Trump announced this decision accusing the Maduro government of massacring human rights in Venezuela. President Trump […]
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Canberra: US State Secretary warned that Australia needs to take a firm stand in the matters of trade with China, realising that the trade relations with China and the activities of the Chinese military are interlinked. Secretary of State, Pompeo, is Currently, on a visit to the Indo-Pacific and Australia is the most crucial stage […]
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Beijing/Washington: China has devalued its currency, Yuan, to seven Yuan to a USD, at a time when the trade war is intensifying. While announcing this devaluation, the Chinese central bank mentioned the taxes imposed by the United States, unilateral decisions and protective trade policies of the United States. Therefore, this devaluation is believed to be […]
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