London/New York: It is evident on the international level that the intensity of the Coronavirus epidemic, which has locked down China, the second largest economy of the world, is increasing by the day. While there is a steady rise in the number of deaths and people infected, the negative impact is apparent in the global […]
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Washington: The United States has expedited moves to reduce Chinese domination in the Rare Earth Minerals, necessary in the defence sector. The US defence department has submitted a proposal to stock Rare Earth Minerals equivalent to six months consumption. A few months ago, China had cautioned that the Rare Earth Minerals may prove to be […]
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New Delhi: India seems to be benefiting from the fact that China has imposed an additional 5 per cent tariffs on US crude oil coming from the United States. To avoid the excess five per cent tariffs, the Chinese consumer company had resold the oil before it reached China’s port. Also, the Indian company Bharat […]
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London/New York: Owing to the latest flare-up in the US-China trade war, gold prices have climbed considerably. On Monday, gold prices scaled up to USD 1,550 per ounce mark, setting a new record. Earlier, it was in April 2013 that gold had reached its peak. At the beginning of the month, Gold rates had crossed […]
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Beijing: The Global Times claimed that China would fight the trade war till the end saying ‘China will never be scared of the US threats and pressures. The US activities are only increasing economic and trade tensions. China has no other option or loophole, and China will fight the trade war until the very end. […]
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Washington/Beijing: US President, Donald Trump has warned that if the trade talks with China, during the G-20 summit in Tokyo, are not successful, the tax will be imposed on the Chinese goods imported into the United States, worth $300 billion. China has immediately replied to the threat, issued by Trump and China has warned that […]
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Washington/Beijing: China has threatened that Rare Earth Minerals can be a counter weapon, in the hands of China and the United States should not underestimate the power of Chinese retaliation. The official newspaper of the Chinese ruling communist party, the Peoples Daily carried this threat, and China has started preparations to stop the export of […]
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Washington: A report published by Bloomberg, a leading financial institution in the United States revealed that the effects of the trade war between the largest and the second largest economies in the world would not be restricted only to the warring countries and the worldwide effects will become apparent. The financial institution has warned that […]
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Beijing/Washington: China has fuelled the trade war further by imposing taxes on US goods worth $60 billion. Coming close on the heels of the Chinese announcement, global stock market dipped, and it’s currency Yuan hit a four-month low. Reacting ferociously to Chinese taxes, President Donald Trump ranted that he would not let the United States […]
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Tokyo/Beijing/Washington: The major agencies of the world have been warning that the global economy has been heading towards a recession. This recession could hit all the major economies of the world, and all the concerned countries have initiated measures to counter the threat. Japan, the third largest economy of the world has started taking rapid […]
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