Washington: If the Chinese government intends to make its currency Yuan the global reserves currency, they have to implement more reforms. The International Monetary Fund (IMF) advised that China will have to lift restrictions on the capital marketplace and decide to make the currency fully convertible. Gita Gopinath, the Chief Economist at the IMF, gave […]
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Washington: The uncertainty in the global economy has increased further due to the Ukraine conflict. International Monetary Fund (IMF) has warned that this uncertainty could slow down the global economy. The IMF will be releasing a report named ‘World Economic Outlook 2022’ in the next few days. This warning becomes significant against this background. Besides, […]
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Shanghai/Washington: – The lockdown imposed by China in Shanghai has become a reason for a fresh tension between the United States and China. The United States has accused the Chinese agencies are imposing uncontrolled and unlimited sanctions during the lockdown in Shanghai. Whereas, China has retaliated that the United States is levelling unfounded accusations. The […]
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Shanghai: In the last month, the number of Coronavirus patients in China’s economic capital, Shanghai, has gone up to one lakh. The foreign press and analysts have claimed that this incident reveals that the ‘Zero Covid Policy’ implemented by the Chinese Communist Party regime has failed. The local industrialists and commoners have slammed this anti-Covid […]
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Washington: – Russia had accused that the United States had situated laboratories in Ukraine for developing bioweapons. Besides, Russia had found evidence related to it and accused the United States of destroying some proof when Russia invaded Ukraine. The Undersecretary of State for Political Affairs of the United States, Victoria Nuland, accepted that Biolabs were […]
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Seoul: – South Korean President Moon Jae-in warned that the Russia-Ukraine war had triggered the beginning of a new cold war. President Moon Jae-in issued this warning while addressing a function organised to commemorate the South Korean rebellion in 1919. President Moon Jae-in delivered a message to his countrymen that South Korea needs to achieve […]
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New Delhi: – Prime Minister Narendra Modi said, ‘All of us are worried about the situation in Afghanistan. This has further increased the importance of cooperation between India and the central Asian countries.’ Prime Minister Modi spoke at the virtual conference with heads of state of the five central Asian countries of Kazakhstan, Uzbekistan, Tajikistan, […]
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Washington/Beijing – Cathie Wood, a leading investor from the United States, warned that the US economy is possibly going into recession and the Chinese economy is also being hit. Whereas, British investor Jeremy Grantham cautioned that the US stock market is in the last stage of the Super Bubble and the market may suffer a […]
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Beijing / Riyadh – A high-level delegation comprising foreign ministers of Saudi Arabia, Oman, Kuwait and Bahrain has arrived in China. The delegation also includes the head of the Gulf Cooperation Council, the main organization of the Gulf countries. Chinese sources said that the five-day visit would focus on fuel, free trade agreements, and strategic […]
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New Delhi – Military officials from India and China will hold the 14th round of negotiations to try and defuse the tension on the Line of Actual Control (LAC) in Ladakh. This round of talks will be held at Chushul Moldo. Military officials said that India had a lot of expectations from this round of […]
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