Unemployment in US swells to new highs not seen since the 1929 Great Depression  

Unemployment in US swells to new highs not seen since the 1929 Great Depression  

Washington: The unemployment levels in the United States have reached levels never seen after 1929. The Novel Coronavirus has left 16 million people jobless, and experts around the world are expressing concerns over the growing unemployment in the United States. The economists have warned that if the condition persisted, the United States and in turn, […]

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US files a lawsuit for a compensation of USD 20 trillion from China

US files a lawsuit for a compensation of USD 20 trillion from China

Washington: A leading US group and a company have filed a lawsuit, demanding payment of USD 20 trillion, against the Chinese government, military and concerned organisations in a US court. The group has alleged that China has developed the Coronavirus as a biological weapon. The amount demanded as compensation is three times the Chinese GDP. […]

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Coronavirus epidemic attains dangerous proportions  

Coronavirus epidemic attains dangerous proportions  

Washington/Beijing: – The deaths linked to the Coronavirus epidemic have gone past 490 and horrible incidents of even new-born infants having been infected with the virus have been reported. The World Bank has appealed to all the countries to help in tackling the situation. While US President Donald Trump had declared that the United States […]

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The discontent in the Arab world on the rise because of the increasing unemployment and declining growth rate

The discontent in the Arab world on the rise because of the increasing unemployment and declining growth rate

Washington: The International Monetary Fund (IMF) has warned that the social tensions in the Arabic world are becoming intensifying, in view of the increasing unemployment and the consistently declining growth rates and the discontent is rising in these countries. This warning by the IMF becomes significant against the background of the agitations going on in […]

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Europe at the brink of a new economic crisis, claim economists and analysts

Europe at the brink of a new economic crisis, claim economists and analysts

Brussels/Berlin: Both Germany and the United Kingdom, known to be the mainstays of the European economy are reeling under the shadows of recession. The German economy has fallen by 0.1% in the third quarter of 2019 and has recorded a decrease in demand for industrial production in the last two months. The investments in the […]

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Debt burden on the US crosses $400 trillion, claims report by a private financial institution

Debt burden on the US crosses $400 trillion, claims report by a private financial institution

Washington: A private financial institution issued a sensational warning that the total debt burden in the US economy is 20 times the Gross Domestic Product (GDP) of the United States and the number has reached nearly $400 trillion. A few months ago, the US treasury department had released information that the national borrowing is to […]

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100. Education System in Israel

100. Education System in Israel

We have seen the progress achieved by Israel when it comes to the fields of building development towns, deserting farming, water management, alternative water sources, fish farming and aquaculture as we move ahead witnessing the journey of Israel, full of untiring efforts, from being an underdeveloped country to a developed nation. However, these are the […]

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