Japan increases defence spending for 9th successive year to counter rising Chinese aggression

Japan increases defence spending for 9th successive year to counter rising Chinese aggression

Tokyo: Against the background of the Coronavirus, aggressive Chinese domination activities are continuing, and Japan is making intense preparations to counter them. On Monday, Japan announced a provision of nearly USD 52 billion for the defence sector. This is an increase of 1.1% over the last year. This is the ninth successive year of growth […]

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China trying to increase influence on the international level through the medium of Coronavirus vaccine, claim analysts

China trying to increase influence on the international level through the medium of Coronavirus vaccine, claim analysts

Beijing: – The United Arab Emirates (UAE), in the Gulf, approved the Chinese Coronavirus vaccine by saying that the vaccine is 86% effective. 1.2 million doses of the Chinese vaccine have already reached Indonesia. China has built a facility to manufacture the vaccine in Morocco, in the African continent, and has constructed an enormous warehouse […]

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Experts say bullish trend returning to Indian economy; PMI highest in 13 years

Experts say bullish trend returning to Indian economy; PMI highest in 13 years

New Delhi: Experts claimed that following the battle with the Coronavirus, the bullish trend is returning to the Indian economy. The experts pointed to the reports, giving positive indications regarding the economy, received during the last two days. The PMI index of India has been upgraded for the third successive month. There is an improvement […]

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More than 50% of small and medium businesses in Europe will close down, warns advisory company McKinsey

More than 50% of small and medium businesses in Europe will close down, warns advisory company McKinsey

New York: While Europe is grappling with the fears of a relapse of the Coronavirus pandemic, a global advisory company has warned that thousands of companies, in Europe, may be forced to wind up. This warning is given by the McKinsey company, in its report published, after surveying more than 2,000 small and medium European […]

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China should cancel debt of poor countries hit by Coronavirus, demands World Bank

China should cancel debt of poor countries hit by Coronavirus, demands World Bank

Washington/Beijing: – The World Bank has demanded that China, known as the largest lender in the world, should waive the loans given to the under-developed countries against the background of the Coronavirus pandemic. All the member countries had concurred on this during the G20 meeting held in April. But China started dilly-dallying regarding loan waiver, saying […]

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