Brussels/Beijing – The European Union (EU) has started preparations to ban the export of sensitive technology to China. The sources also said the European Commission (EC) will release a list of sensitive technology and other issues soon. It is being said that the European Parliament (EP) will also approve a proposal to include action to […]
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Beijing: China has stopped the export of two rare minerals important in making semiconductors. In August, information surfaced that China has completely stopped the export of ‘gallium’ and ‘germanium’. Due to this decision of China, there is a fear that semiconductor manufacturing in the West will be affected. Besides, this decision of China will be […]
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Washington/Moscow: Russia has retained its fuel business despite sanctions imposed by the West in the backdrop of the Russia-Ukraine conflict that started last year. In the last week of August, the US website ‘Bloomberg’ provided information that Russia’s crude oil exports have reached up to 3.4 million barrels daily. It is said to be the […]
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Beijing: Concerns are expressed worldwide due to China’s reduced imports and lack of expected export growth. Since China’s economy is closely linked to the global economy, economists have warned that whatever happens in China will have international consequences. At the same time, economists also warned that China’s economy is currently facing great danger. Therefore, the […]
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Moscow/ Paris – Despite the Western sanction on oil due to the Ukraine war, Russia has managed to keep up with its oil exports. New report by the International Energy Agency (IEA) indicates that Russian exports have been about 8.1 million barrels per day in March, the highest in the last three years, earning a […]
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Gandhinagar: Commerce and Industry Minister Piyush Goyal believes exports from India’s services sector will reach $300 billion this fiscal year. The Minister of Commerce pointed out that this performance of India’s service sector is significant even when there is a global economic upheaval. Mr Goyal has also claimed that this was an extremely good performance […]
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Washington/ Moscow: After the start of the Russia-Ukraine conflict, the United States and the alliance of European countries made plans to destroy the fuel sector, the backbone of the Russian economy. But despite the sanctions imposed on Russian fuel companies and banks and pressure on countries that buy Russian fuel, the demand for Russian fuel […]
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Washington: Leading financial institution JP Morgan Chase warned that the United States and European countries had imposed sanctions against the Russian fuel sector since the Ukraine conflict started. The Russian leadership has repeatedly warned of a strong retaliation against the sanctions. In this scenario, if the Russian leadership decides to cut oil exports, the fuel […]
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New Delhi: – Reports are being received that Turkey has refused to purchase wheat from India accusing that the Indian wheat is substandard. But the Indian company had despatched this wheat to the Netherlands and not Turkey. It is not clear how the wheat reached Turkey. Commerce Minister Piyush Goyal said that the Indian policy […]
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Moscow: – The European Union approved a ban on crude oil imported from Russia on Friday. Five-member countries of the union have been exempted from the ban. The implication is that the union’s decision to ban Russian imports will not make much of a difference to Russia. Russian media reported that Russia had started producing […]
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