Washington: The record inflation in the United States is taking a heavy toll on ordinary citizens. Faced with inflation, unemployment and recession, American citizens are now turning their march toward food banks. In the last few months, the number of citizens in food banks run by voluntary and social organizations has increased by 20%. At […]
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Washington: The International Monetary Fund (IMF) claimed in its new report that the global economy will get divided into groups on the geopolitical level, given the Russia-Ukraine conflict. The IMF recently released the report ‘World Economic Outlook’ for the second quarter of the financial year. The report mentions the perceived threats to the global economy […]
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Washington: Chinese President Xi Jinping directly warned US President Joe Biden that the United States should not play with fire by supporting pro-democracy groups in Taiwan. At the same time, the Chinese mouthpiece threatened that US Senate Speaker Nancy Pelosi’s plane would be shot down if it entered Taiwan’s airspace. The Chinese President and government […]
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Brussels/Washington: The US economy slide in the second successive quarter was announced on Thursday. It was notified within 24 hours that inflation had flared up even in the Eurozone. Germany, the leading European economy, has reported a zero economic growth rate for the second quarter. These successive statistics indicate that recession is looming over the […]
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Washington: The United States has launched a solid effort to thwart China’s move for dominance in the semiconductor sector. Hence, the US Senate has approved the ‘CHIPS Act’, enabling it to invest in the semiconductor sector extensively. After this approval, the bill will be sent to the House of Representatives, as informed by the sources […]
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Washington: US Federal Reserve has once again increased the interest rates by 0.75% on Wednesday. This is the fourth increase in the last month and the first instance of two successive interest rate hikes of 0.75% since 1994. The US stock markets have reacted positively to the rate hike. While the interest rate is hiked, […]
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Washington: Former US President Donald Trump accused that the United States has become a crime-ridden country and that criminal gangs like MS-13, the drug traffickers, are playing havoc in the country. Trump fired this salvo of criticism at the Biden administration during his first public program since he stepped down as the President. At this […]
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Washington: US congressman Jason Crow warned that bioweapons could be built by acquiring the DNA of any person. The person can be assassinated using this bioweapon. He also warned that the DNA bioweapons could be used to target food grain supplies and food security. The Aspen Security Forum meeting concerning security, held in the United […]
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Washington/Beijing: Governor Ron DeSantis warned that China’s purchase of land and property in Florida, considered the leading US state, is a cause for concern. As per received information, companies linked to the Chinese communist regime have purchased thousands of acres of land in Florida. Governor DeSantis said he would soon bring a bill to impose […]
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Washington: The US Supreme Court has slammed the Biden Administration over liberal immigrant policy. President Biden wanted to implement a policy restricting the number of refugees deported from the US. However, the US Supreme Court has ordered this policy not to be executed. This is the second instance in a month that the Biden Administration […]
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