China makes provision for $110 billion to face the trade war with US

China makes provision for $110 billion to face the trade war with US

Beijing: The jolts that the Chinese economy is facing due to the trade war started by the US President Donald Trump, seem to intensifying by the day. The Chinese central bank suddenly, through an independent statement, announced additional financial aid of USD 110 billion to the banking sector. The Chinese economists and analysts claim that […]

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Iran is the central banker of international terrorism, alleges US Security Advisor John Bolton

Iran is the central banker of international terrorism, alleges US Security Advisor John Bolton

Washington: US Security Advisor, John Bolton took an aim at Iran calling it to be the  central banker of international terrorism since 1972. While declaring the new US policy against terrorism, John Bolton strongly criticised Iran for being the centre for global terrorism. Moreover, after the Islamic revolution in Iran, terrorism has become the only […]

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The US criticises International Court for siding with Iran

The US criticises International Court for siding with Iran

Washington: The United States criticised the order of the International Court to withdraw sanctions against Iran and declared withdrawal of the agreement signed with Iran in 1955. Saying, ‘There is a major threat to the security of the United States from Iran,’ the US Secretary of State announced the ending of the economic and political […]

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Crude rates will flare up due to new sanctions by the US against Iran; warns Iranian Deputy Foreign Minister

Crude rates will flare up due to new sanctions by the US against Iran; warns Iranian Deputy Foreign Minister

New York: ‘If the United States imposes fresh sanctions against Iran, it will have a severe effect on the crude oil prices in the international markets. This will also add to the woes of the United States’ allies in the Gulf,’ sternly warned e Iranian Deputy Foreign Minister, Abbas Araghchi. International analysts had already warned […]

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Saudi Arabia and United Arab Emirates demand change of government in Iran

Saudi Arabia and United Arab Emirates demand change of government in Iran

New York: ‘The Iranian government’s stand has not changed despite strong external pressures. If we want a change, we have to create pressure over the regime from within Iran. Iran will not change unless the government is changed,’ warned Adel al-Jubeir, the Saudi Minister of Foreign Affairs. United Arab Emirates (UAE) also has come out […]

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Against the background of the trade war with China and Europe, US and South Korea sign a fresh free trade agreement

Against the background of the trade war with China and Europe, US and South Korea sign a fresh free trade agreement

Washington/Seoul: A free trade agreement boosting the import of US cars, trucks and medicine into South Korea and easing the procedures for the same, was signed on Monday. The agreement gains significance as it is the first bilateral agreement signed by President Trump, since he came to power. President Trump expressed confidence that both the […]

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Oil rates may hit $100 a barrel, warn international financial institutions and leading oil companies

Oil rates may hit $100 a barrel, warn international financial institutions and leading oil companies

London/Washington: The oil rates jumped by 2% on Monday to settle at $80 per barrel. This takes the oil rates to its highest level since November 2014. This jump will continue and by the beginning of the year 2019, the oil rates would cross $100 per barrel, warned the companies from the oil sector. Severe […]

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US still has several ‘bullets’ left to use in the trade war; President Trump warns China

US still has several ‘bullets’ left to use in the trade war;  President Trump warns China

Washington/Beijing: ‘The United States will be imposing 25% tax on the Chinese imports worth $200 billion. If China retaliates we will take a bigger action. The US has more bullets than China for the trade war,’ was the stern warning issued by President Trump. US Secretary of Commerce, Wilbur Ross had recently retorted that China […]

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US eases rules on cyber-weapons, prepares for cyber-warfare, says National Security Advisor John Bolton

US eases rules on cyber-weapons, prepares for cyber-warfare, says National Security Advisor John Bolton

Washington: ‘The US Defence department and the other agencies are allowed to use cyber weapons against the opposition without any considerations. All the restrictions imposed in this matter till now have been removed,’ said the National Security Advisor John Bolton indicating the unhindered use of cyber-weapons by the United States in the future. The media […]

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China is ‘out of bullets’ in the trade war with the US, retorts US Secretary of Commerce

China is ‘out of bullets’ in the trade war with the US, retorts US Secretary of Commerce

Washington: ‘The value of Chinese goods imported into the United States are almost four times the United States’ exports to China. Therefore, by now, China is out of bullets in the trade war,’ was the pointed remark made by the US Secretary of Commerce. China has announced the imposition of tax on US imports worth […]

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