London/New York: Following the shooting down of a US drone by Iranian missiles, the tension at the international level has been escalated, the repercussions of which are seen on the global economy. It is observed that gold which is known to be a safe investment in the times of uncertainty has jumped to $ 1,400 […]
Moscow/Washington: The Russian spokesperson has levelled a serious accusation against the United States saying that if the US agencies have carried out cyber attacks on Russia, without authorisation from the US President, it amounts to a declaration of a cyberwar, by the United States, against Russia. Dmitry Peskov, Press Secretary for the President of Russia, […]
Beijing: The Global Times claimed that China would fight the trade war till the end saying ‘China will never be scared of the US threats and pressures. The US activities are only increasing economic and trade tensions. China has no other option or loophole, and China will fight the trade war until the very end. […]
London/New York: Against the background of increasing uncertainty and growing tension in the Middle East, the Gold rates jumped, on Friday, above $1,350. The transactions on Friday saw a record price between $1,351 to $1,362 per ounce. This is the first time the Gold rates have recorded this level since April 2018. The rise in […]
Washington/Beijing: US President, Donald Trump has warned that if the trade talks with China, during the G-20 summit in Tokyo, are not successful, the tax will be imposed on the Chinese goods imported into the United States, worth $300 billion. China has immediately replied to the threat, issued by Trump and China has warned that […]
Moscow: OPEC member countries and Russia may increase the production of crude oil by the end of this year. This will result in the supply of crude oil exceeding the demand. Russian Energy Minister Alexander Novak claimed that therefore, the rate of crude oil could crash below $30 per barrel. Only 24 hours ago, the […]
Washington/Moscow: The dispute between the United States and Turkey over the purchase of the S-400 air defence system from Russia has exacerbated. “Turkey should choose between buying US F-16 fighter jets and Russian S-400 missile systems till the end of July,” warned Acting US Secretary of Defence Patrick Shanahan adding that Turkey had to be […]
Washington: International analysts have warned ‘China should reign in its international ambitions, well in time. It will be better if it starts with the South China Sea. Because if China does not retreat from this region, it will have to face major crises in the times to come. China had to lose everything in the […]
London/New York: Indications are consistently surfacing over the shadows of recession lengthening, in the global economy. The investors have, therefore, shifted their focus on gold once again, resulting in a massive jump in its prices on Friday. Gold was traded for $1,348.31 per troy ounce on the New York Stock Exchange (NYSE), which is the […]
Washington/Tehran: The United States has delivered one more jolt to Iran by imposing sanctions against the ‘Persian Gulf Petrochemical Industries Limited’. The United States levelled the sanctions accusing the company of supplying funds to Revolutionary Guards, which is declared as a terrorist outfit by the United States. A day before the announcement of sanctions, French […]