In a report, the U.S. State Department stated, China may have secretly conducted a low-level underground test explosions nuclear despite being a signatory to an international pact which bans such blasts. The findings, which were first reported by the Wall… Read More ›
Geopolitics
Q1 of 2020 saw China import $5.05 billion of U.S. agricultural produce
According to customs data, in the first three months of this year, China imported U.S. farm goods worth $5.05 billion (35.56 billion yuan), up by 110% from last year. Under the phase 1 trade deal, China has committed to purchasing… Read More ›
Economic Growth To Slump In South Asia Due To Pandemic: World Bank
The World Bank has warned that the worst economic performance in more than 40 years is likely to be seen by the countries of South Asia in the face of the novel coronavirus pandemic bringing economies to a standstill. This… Read More ›
Deepest Ever Oil Production Cuts By OPEC+ To Shore Up Prices
The oil producing cartel Opec, Russia and even the United States have joined hands to announce a record cut in output of oil and supply to the global market in order to prop up prices in the international market even… Read More ›
South Korea to ship 600,000 COVID-19 test kits to the U.S. on Tuesday
On Monday, an official from South Korea stated, Seoul plans on sending 600,000 coronavirus testing kits to the United States on Tuesday following a request for the same from U.S. President Donald Trump. Trump made the request for testing kits… Read More ›
China buying U.S. agricultural products as per Phase 1 trade agreement, looks forward to coordinated response
On Sunday, China’s Global Times cited China’s ambassador to the U.S. as saying, China is in the midst of implementing the first phase of the U.S.-China trade pact and hoped that the two could work together to assess the changing… Read More ›
Major Oil Producers Agree On A Possible Production Cut To Stabilize Price
There is good news for oil producers across the world. The price war that was raging between Russia and Saudi Arabia since the last one month has apparently come to an end as the two of the largest oil producing… Read More ›
Oxfam Warns Half A Billion People Could Be Pushed Into Poverty Due To Virus Pandemic
According to a warning issued by Oxfam, up to half a billion people all across the world could be pushed into the poverty because of the economic fallout from coronavirus pandemic that is raving the world. If the warning of… Read More ›
Over 100 Global Organizations Demand Debt Relief For The Poorest Countries Of The World
Demands for the debt payments of developing countries to be dropped this year have been raised by more than 100 global organizations. the list includes those countries that are among the poorest in the world are finding it almost impossible… Read More ›
Fighting for marketshare OPEC+ wants U.S. to cut oil production as well
According to three OPEC+ sources, the group of oil producing nations known as OPEC+, which includes Saudi Arabia and Russia, may agree to a truce in the oil war and cut production at a meeting scheduled for Thursday, as long… Read More ›