Beware of the Chinese debt trap, Malaysian President advises the Philippines

Beware of the Chinese debt trap, Malaysian President advises the Philippines

Manila: The Malaysian President Mahathir Mohammad warned the Philippines that “If you are borrowing vast sums of money from China, beware of falling into its debt trap. The Malaysian President is currently on a visit to the Philippines and China was at the centre of the discussions he held with the Philippine President Rodrigo Duterte […]

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‘No Deal Brexit’ receives growing support in the UK, officials from banking, intelligence warn UK government

‘No Deal Brexit’ receives growing support in the UK, officials from banking, intelligence warn UK government

London: Former chief of British intelligence cautioned that “the United Kingdom will emerge stronger by accepting a No Deal Brexit, rather than following the agreement signed by Prime Minister Theresa May with the European Union (EU). In an open letter signed by 33 honourable members of the industry and education sector, which was published in […]

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Australia to make a significant investment in the space, says Air Marshal Leo Davis

Australia to make a significant investment in the space, says Air Marshal Leo Davis

Canberra: “Space is one of those domains that Australia needs to expand – our understanding of what is in the sky above us is important”, Chief of the Australian Air force, Air Marshal Leo Davies hinted at Australian government’s willingness to make a significant investment in space. This announcement by Australia assumes significance, amid warnings […]

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Internal pressure rises on Chinese President Jinping because of trade war, Huawei case and Xinjiang

Internal pressure rises on Chinese President Jinping because of trade war, Huawei case and Xinjiang

Beijing: Analysts have claimed that the challenges faced by Chinese President Xi Jinping are increasing because of the slide in the economy, trade war with the United States and the international criticism on the issues of Huawei and Xinjiang. Meeting of the ruling Communist party started on Sunday, and the parliamentary session is scheduled to […]

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BRICS to develop independent payment system to counter the western countries, claims Russia

BRICS to develop independent payment system to counter the western countries, claims Russia

Moscow: BRICS (Brazil, Russia, India, China, South Africa), the international group of nations has  decided to develop an independent payment system to counter the domination of the United States and western countries over the global economy. The Russian media has published a report on it which claims that the Russian Direct Investment Fund along with […]

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US debt at record high reaches $ 22 trillion: US treasury department

US debt at record high reaches $ 22 trillion: US treasury department

Washington: The federal debt of the United States has reached $22 trillion. The analysts are claiming that every US citizen is under the shadow of economic crisis, because of this enormous debt. The US Treasury department announced that the debt had been increased by $30 billion within one month. The Treasury department also has expressed […]

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Due to severe economic shocks, China in a weak position in the trade negotiations with the US, claim analysts

Due to severe economic shocks, China in a weak position in the trade negotiations with the US, claim analysts

Beijing: The negotiations to resolve the trade war between the United States and China have claimed to be entered the final stage. However, it is at this stage that China has been receiving jolts one after the other that makes it weak in the trade negotiations, as per analysts. Both the important parameters of the […]

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Stop trading oil, gold assets with the Maduro government in Venezuela, Latin American states, Canada appeal to the international community

Stop trading oil, gold assets with the Maduro government in Venezuela, Latin American states, Canada appeal to the international community

Caracas: Latin American states and Canada, countries which are the members of the Lima Group, have opined that it is necessary to have a change in the government in Venezuela, through political and diplomatic means. Also, to achieve that there is a need to build pressure on the Maduro government. Therefore, the Lima group has […]

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Chinese industrialist, providing funding to Australian political leaders and parties, banned entry in Australia

Chinese industrialist, providing funding to Australian political leaders and parties, banned entry in Australia

Canberra: Australia has delivered a severe blow to China, who is trying to exert its influence in the political, economic, education and other sensitive sectors in Australia. The attempt of Chinese industrialist, Huang Xiangmo, a close aide to the ruling Chinese communist party for acquiring Australian citizenship has been thwarted. The Australian media reported that passport […]

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Chinese military should be prepared for the worst scenario, warn influential Chinese leaders

Chinese military should be prepared for the worst scenario, warn influential Chinese leaders

Beijing: The mastermind and advisor to the Chinese government Wang Huning suggested ‘The senior leaders of the communist parties should be cautious regarding the external threats to China. Although the trade war between the United States and China has been stopped for three months, the Chinese military should always remain prepared for the worst scenario.’ […]

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