Beijing: While the outbreak of the Coronavirus pandemic and the lockdowns imposed given the pandemic are adding to the discontent of the Chinese population, a more disturbing report has surfaced. It has been exposed that there is a huge growth in unemployment among the youth in the urban regions. The Chinese National Bureau of Statistics […]
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Washington: Kevin Hassett, the senior economic advisor from the United States, warned ‘The situation in the United States is grim. Nobody should make a mistake of ignoring it. The US economy is in waiting for the biggest and strongest jolt of the century. A major unemployment crisis of a magnitude equal to the 1929 Great Depression […]
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Washington: The unemployment levels in the United States have reached levels never seen after 1929. The Novel Coronavirus has left 16 million people jobless, and experts around the world are expressing concerns over the growing unemployment in the United States. The economists have warned that if the condition persisted, the United States and in turn, […]
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Washington: The International Monetary Fund (IMF) has warned that the social tensions in the Arabic world are becoming intensifying, in view of the increasing unemployment and the consistently declining growth rates and the discontent is rising in these countries. This warning by the IMF becomes significant against the background of the agitations going on in […]
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Paris: Robert Menard, the Mayor of Beziers in France, has criticised that the rising poverty, unemployment and crime is due to the increased population of people from other religions. Menard is a supporter of Marine Le Pen’s National Front Party and is known for his aggressive position against refugees and people from other religions. Last […]
Read More »Washington: US Labour Department has reported a huge reduction in the number of jobless in the United States. In the month of January, the number of people applying for the unemployment benefits in the United States reduced to 216,000 which is second lowest after January 1973. Financial analysts claim this to be the indications of […]
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Taipei – Chinese destroyers and fighter jets had so far patrolled close to the Taiwan Strait. It is the first time China’s aircraft carrier, Shandong, has travelled close to Taiwan. At the same time, Taiwan’s Defense Ministry has informed that 35 Chinese fighter jets conducted drills challenging Taiwan’s airspace. There are claims that China has […]
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Beijing – There has been intensive discussion on the disappearance of China’s Defence Minister Li Shangfu. In March, Li Shangfu had taken over the reins of the post of Defence Minister of China. He had also adopted a very aggressive policy against the United States. Also, Shangfu is known to be close to Chinese President […]
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Las Vegas: ‘The US economy is in very good shape. However, China’s financial recession may threaten the US economy. The downturn in China’s economy will majorly impact neighbouring Asian countries. Besides, the US can’t avoid this crisis either,’ US Treasury Secretary Janet Yellen warned. Just a few days ago, US President Joe Biden claimed that […]
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Beijing – The Chinese Communist regime’s economic advisor warned that if the problem of rising unemployment in China is not handled properly, it will have serious social consequences beyond the financial arena. He also warned that the unemployed youth might pose a political threat. He said that multinational companies have been retreating from China after […]
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