Biden administration asks US banks to continue working with Russia – Bloomberg report

Biden administration asks US banks to continue working with Russia – Bloomberg report

Washington/Moscow: The United States, which targeted the Russian foreign reserves and central bank, has instructed US banks to keep their operations active in Russia. The website Bloomberg claimed that this request was made by the US Treasury and the State Department. The Biden administration informed that this step was taken to avoid a major global […]

Read More »

The US dollar may soon lose its status as world’s reserve currency, a former executive at Lehman Brothers warns

The US dollar may soon lose its status as world’s reserve currency, a former executive at Lehman Brothers warns

Washington: Although the US dollar is currently at its peak, it will lose its status as a global reserve currency soon, warned Lawrence MacDonald, a former senior official at Lehman Brothers. MacDonald also cautioned that the globally used SWIFT payment system is being used as a weapon to end the dominance of the US dollar. […]

Read More »

Discontent rises over economic policies of Biden given the midterm elections in US

Discontent rises over economic policies of Biden given the midterm elections in US

Washington: President Joe Biden recently claimed that more than ten million jobs were created in the United States during his tenure. However, Biden’s remarks are drawing resentment among American voters. US citizens have expressed concern that even though jobs are being created, their salaries are inadequate in the face of inflation. At the same time, […]

Read More »

US is weakening Europe militarily and economically – Russian Foreign Minister Sergey Lavrov

US is weakening Europe militarily and economically – Russian Foreign Minister Sergey Lavrov

Moscow: Russian Foreign Minister Sergey Lavrov alleged that the United States is trying to weaken Europe militarily and economically. Lavrov said that not only from Russia but also economists in Western countries are aware of this. A few months ago, US economists also claimed that the Biden administration was making moves to end Germany’s influence. […]

Read More »

US initiates moves to deploy advanced weapons in European nations

US initiates moves to deploy advanced weapons in European nations

Washington: In view of the statements made by Russia about a nuclear attack, the US has started moves to deploy advanced nuclear weapons in European countries. The ‘B-61 gravity nuclear bombs’ developed by the US will be deployed in European countries in the next two months, the website ‘Politico’ has informed. Besides, the American website […]

Read More »

Some states in USA may face Blackouts during winter – Energy Companies warn

Some states in USA may face Blackouts during winter – Energy Companies warn

Washington: Local fuel companies have warned that some parts of the United States will face major blackouts during the winter. Some states in the northeastern US, apart from New England, import natural gas to meet winter electricity demand. However, due to the increased demand for fuel gas from European countries, there are indications that these […]

Read More »

Global economy facing the toughest challenges in four decades – former US Secretary of Treasury warns

Global economy facing the toughest challenges in four decades – former US Secretary of Treasury warns

Washington: The global economy has faced the toughest and most complex challenges in the last four decades. Former US Treasury Secretary Larry Summers warned that the World Bank, IMF and leading central banks failed to recognize these dangers. Meanwhile, the US study group ‘The Conference Board’ has released a report saying that the world’s leading […]

Read More »

United States threatens to review ties with Saudi Arabia – OPEC Plus countries extend support to Saudi

United States threatens to review ties with Saudi Arabia – OPEC Plus countries extend support to Saudi

Washington: The US National Security Advisor, Jake Sullivan, has threatened to review their ties with Saudi Arabia due to the decision to cut fuel production. Also, the US is attempting to isolate Saudi Arabia by denying a meeting of US president Joe Biden with Saudi Crown Prince Mohammed bin Salman at the upcoming G20 meeting. […]

Read More »
1 10 11 12 13 14 127