Taipei: “In the past 27 years, the semiconductor sector has undergone many major global changes. Currently, the geopolitical situation of the world is changing rapidly. Globalization and free trade are dying. Many think these things will be restored, but there should be a sense that the situation will not return to normal,” warned Morris Chang, […]
New Delhi: Due to the restrictions of the US and other western countries, obstacles stand before Russia in the manufacturing sector. In such a situation, there were reports that Russia had handed over a list of about 500 products to India and demanded to supply them. Regarding this, Indian External Affairs Minister S. Jaishankar clarified […]
Brussels/Washington: Bernd Lang, head of the European Parliament for trade committee, warns of legal proceedings at the World Trade Organization (WTO) against the Inflation Reduction Act introduced by the US. He feels that nothing much would be achieved through mere negotiation. Ursula von der Leyen, the head of the EU, has criticised the US for […]
Moscow: While imposing a price cap on Russian crude oil, the Western alliance, along with the European Union, has decided to stop seaborne imports of Russian crude oil. It came to light that Russia has created a ‘shadow fleet’ of more than 100 oil tankers to circumvent these sanctions imposed by the West. Leading UK […]
Brussels/Moscow: The European Union meeting has indicated that the price of crude oil imported from Russia will be kept at $60 per barrel. European sources informed that the resolution in this regard has yet to be fully approved, but Poland has taken a reluctant stance to keep the price at a low level. However, European […]
Beijing/Guangzhou: The communist party seems to be failing to prevent protests and the restrictions imposed by them in China. Despite the heavy crackdown in the last two days, large-scale protests erupted in Guangzhou city of China on Wednesday. The protesters turned violent and pelted stones at security forces. Along with Guangzhou, videos of clashes between […]
New Delhi – Defence Minister Rajnath Singh has said that India is a regional power that provides complete security in the Indo-Pacific region. The Defence Minister spoke during the Samanvay 2022 exercise organised under the ‘Humanitarian Assistance and Disaster Relief-HADR’. It has surfaced that China has been taking special initiatives to increase its activities in […]
London/Beijing: – British Prime Minister Rishi Sunak warned that the relations between the two countries would not be the same in the future, saying that the United Kingdom needs to change its policy towards China. The golden era of UK-China relations is now over and no one should doubt that. There is also a need […]
Berlin: The federation of German Industries’ chief, the apex body of the industry, issued a serious warning that 25% of the companies in Germany have been preparing to leave the country due to the energy crisis created against the backdrop of the Russia-Ukraine conflict. Other senior officials have confirmed this in Germany, and they allege […]
Moscow: Russian President Vladimir Putin has warned that attempting to cap Russian fuel prices would seriously affect the international fuel market. G7 and the European Union are moving to restrict the prices of crude oil exported from Russia. According to Western sources, a proposal has been made to keep the price of Russian oil at […]