Brussels: Considering China as the chief competitor, the European Union should limit its cooperation with this country. It should include cooperation in both political and economic fields. The Department of Foreign Affairs of the European Union has advised that China was an effective competitor for European countries, the US, and other like-minded countries. There is […]
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New Delhi: – India could attract foreign direct investment of about $475 billion over the next five years, according to a report released by CII (Confederation of Indian Industry) and EY. Even with this backdrop of ongoing geopolitical tensions, FDI in India has not been particularly affected. India’s huge consumer power, reforms undertaken by the […]
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Beijing: During Communist Party’s convention in Beijing, President Xi Jinping warned that the issue of Taiwan would be resolved only by China, with the best possible peaceful efforts. However, we will never promise to renounce the use of force and reserve the right to exercise all other options at our disposal. Chinese President Xi Jinping […]
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Johannesburg/London: Before the Coronavirus crisis, eighty million people in sub-Saharan African countries did not have enough food. But the global inflation caused by the Coronavirus outbreak and the fuel shortage and food crisis caused by the Ukraine conflict have taken a significant toll on sub-Saharan African countries. More than 120 million people here are facing […]
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London: During his tenure as the British Prime Minister, Boris Johnson had expressed his belief that a free trade agreement between India and the UK would be concluded by the coming Diwali. Liz Truss, who was the British Foreign Minister at the time, now has become the Prime Minister of UK and it is claimed […]
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Washington: Inflation flare-up, rising interest rates and the Russia-Ukraine conflict have a significant impact on the economy, and the world economy, including the United States, will be hit by a recession in the next six to nine months, warned Jamie Dimon, the Chief of JPMorgan. Dimon has consistently been making aware of the possibility of […]
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Washington: The United States promised abundant fuel supplies to Europe after Europe banned the import of Russian gas. But it has been exposed in the past few days that reports have surfaced that US companies are failing to meet the growing European demand for fuel. Against this backdrop, a leading news agency claimed that a […]
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Singapore: ‘The golden age of globalisation that we have known for the past 30 years since the end of the Cold War is clearly over, and we are entering a new era, a new era that will be marked by greater geopolitical contestation,’ Singapore’s Finance Minister Lawrence Wong warned. At the ‘Forbes Global CEO Conference’ […]
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Beijing: There are rumours that Chinese President Xi Jinping is currently under house arrest and former President Hu Jintao and former Prime Minister Wen Jiabao are ruling the country. Discussions on Chinese social media substantiate these rumours, claiming that the Chinese army has blocked the highway leading to the capital Beijing. The process of power […]
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Washington: China alone has provided more loans to poor and developing countries than the three sizeable financial institutions – the World Bank, the International Monetary Fund and the Paris Club – have given so far. But China’s lending outside of the conventional system will increase the burden on the economies of these countries. Janet Yellen, […]
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