Washington: US President, Donald Trump has threatened to tax Chinese imports worth $200 billion. US trade representative, Robert Leitheiser gave this information and indicated that the taxes will be implemented from September. The implementation of the taxes imposed on Chinese goods worth $34 billion has already started and in the next few days, the recovery […]
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Cape Town: ‘Gold Reserves in the world are now depleting and there is no alternative available,’ warned Nick Holland, the CEO of Gold Fields, the Gold mining company from South Africa. The demand for gold is increasing because of the instability and uncertainty prevailing at the global level. In this scenario, the warning by Holland […]
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Beijing: Chinese President Xi Jinping has announced a financial aid of $ 23 billion to 20 Arab countries from the Middle East and Africa. The whole world is talking about how China is trying to entice all the countries around the world into debt using its financial strength. On this background, it is being alleged […]
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Washington/Riyadh: President Trump has warned the leading countries in OPEC, the association of the oil producing countries, that if they do not take proper measures to reduce oil prices, the United States will not be responsible for their safety. Only last week, President Trump had made a sensational claim that King Salman of Saudi Arabia […]
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New Delhi: India has substantially reduced import tariffs on 3142 goods imported from China and four other Asian Countries. Only last week, China had reduced import tariffs on 8549 goods imported from Asian countries including India. These included agricultural produce, medical items and chemicals imported from India. China had expressed an expectation that India should […]
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Moscow/Washington: Information has surfaced that Russia has sold US bonds worth about $47 billion in the month of April. This information has been received from the statistics published by the US department of treasury. Considering the consistent sanctions being imposed by the United States on the Russian economy, this sale of US bonds by Russia […]
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Harare: Influence and scope of the Chinese Yuan which was accepted as a global ‘Reserve Currency’ by the International Monetary Fund two years ago, is on the rise. In an economic conference held in Africa on Monday, there were comprehensive discussions about officially accepting Yuan as a Reserve Currency. A few African countries including Angola, […]
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Paris: 70 countries have united against the funding that terrorist organisations like IS and Al-Qaeda receives. In a meeting held in Paris, last week, French President Emmanuel Macron had warned that many countries in the world are supporting terror-linked activites directly or indirectly through the organisations associated with terrorism and it is necessary to take […]
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Shanghai: “The sanctions imposed by the United States and Europe have created an opportunity for Russia and China to strengthen their mutual economic cooperation and that both the countries should use the local currency for mutual trade,” demand Chinese industrialists. This statement was made in the ‘Valdai Discussion Club’ meeting in Shanghai. Russia being the […]
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Landon: Alexandre de Rothschild will be the new chairman of the ‘Franco-British Investment Bank’, established in 1838. He will be taking over as the Chairman as a successor to his father, David Rothschild. This change of guard was being planned for a long time, said David Rothschild. The Rothschild family is connected with the banking […]
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