Washington – The international study group, Institute of International Finance (IIF), has warned that the debt burden on the world economy has reached $305 trillion. The IIF pointed out that factors such as the increasing ageing population in developed countries, growing expenditure on the healthcare sector, additional provision for defence due to geopolitical tensions and […]
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Taipei: Former British Prime Minister Liz Truss is on a five-day visit to Taiwan. Even though her visit has drawn criticism from China, Truce has made a terrific proposal to counter China. If a conflict between China and Taiwan breaks out, the whole world will suffer a huge economic blow. Hence, Truss has asserted that […]
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Beijing/Khartoum: Over the past decade, China has emerged as the largest credit lender for African countries. The increasing demand for fuel and other natural resources and the ambition to become a global superpower is said to be behind China’s economic policy. Until the last decade, the picture of China’s policy being successful stood at the […]
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Washington – Rising interest rates, the crisis in the banking sector in the US and Europe, and growing differences at the geopolitical level have shaken the stability of the global economy. This impacts the economy’s development, and the world economy’s growth rate will remain around three percent for the next five years, warned IMF (International […]
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Washington/ Beijing: US Biden administration has blacklisted 37 Chinese companies. It includes companies in genetic technology, cloud computing and arms manufacturing. There was a strong reaction from China to this US action. China’s foreign ministry accused the US administration of wrongly targeting Chinese companies. Moreover, the United States and Western countries had warned of serious […]
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Moscow: India’s National Security Advisor Ajit Doval, who participated in a meeting related to Afghanistan organised by Russia, met Russian President Vladimir Putin. It is said that bilateral and regional issues were discussed in this meeting. In this discussion, the Ministry of External Affairs has informed that both countries have decided to continue the strategic […]
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Canberra/ Beijing: Australia’s ‘Lowy Institute’ has reported that China’s influence in the Asia-Pacific region has decreased due to the ‘Zero Covid Policy’ implemented strictly to prevent Coronavirus. In the ‘Asia Power Index’ published by the ‘Lowy Institute’, it was said that China has fallen to second place. The Australian study group noted that the US […]
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New Delhi: Trilateral cooperation between India, France and the UAE has been established at a time when the Ukraine conflict, China’s moves in the Indo-Pacific region and other geopolitical developments at the global level have gained momentum. The foreign ministers of the three countries had a phone discussion on Saturday and a final decision was […]
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Taipei: China’s People’s Liberation Army’s (PLA) 31 fighter jets and four destroyers carried out a dangerous patrol close to Taiwan’s border. Taiwan’s military, who was already alert, dispatched fighter jets and forced the Chinese planes to retreat. US Secretary of State Antony Blinken’s China visit has been scheduled for soon. Before that, Blinken had criticised […]
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Davos: Leading economists around the world have warned that the global economy would likely suffer a recession in 2023. The Chief Economist Outlook report released by the World Economic Forum in Davos highlighted this. Saadia Zahidi, Managing Director of the World Economic Forum, spelt out the finding from a report that as the global economy […]
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