ASIA: Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a source familiar with the G7 discussions said on Tuesday, adding the two major oil consumers would have incentives to comply. The price-per-barrel cap level had not yet been determined, […]

ASIA: China’s Premier Li Keqiang said that China’s economy has recovered to some extent, but its foundation is not solid. Speaking to state media he further added that China will strive to drive the economy back onto a normal track and bring down the jobless rate as soon as possible. China’s nationwide survey-based jobless rate […]

  ASIA: China’s economy showed some improvement in June as Covid restrictions were gradually eased, although the recovery remains muted. Economic activity picked up in June after financial hub Shanghai lifted its lockdown, allowing businesses to restart and most residents to leave their homes. That can be seen in a rebound in small business confidence, which […]

  The press has done nothing but put forward present propaganda and they are driving the world into the arms of death. Once upon a time, the world leaders gathered together for a conference in Munich to discuss WORLD PEACE and SECURITY. Today, they seem to conspire on how to bring the world into the […]

Phone conversations with sources are revealing that inflation is starting to create cracks in the unity of the G7 against Russia for the summit of G7 nations in Bavaria (June 26-28). Already, the leaders of the US, UK, Germany, France, Italy, Canada, and Japan are not in accord. The people are not in support of this […]

ASIA: Chinese President Xi Jinping made a rare statement Wednesday about his country’s aims to achieve its economic goals for the year. Investment analysts have cut their forecasts for China’s GDP growth to well below the official target after stringent Covid controls restricted business activity in the last few months. The median GDP forecast among […]

Vladimir Putin is not suffering from sanctions. The West has shot itself in the foot by banning essential Russian imports without an alternative in place. “They even named inflation after me,” he joked, hinting at the “Putin price hike” western politicians have been declaring. The difference now, according to Putin, is that the West attempted […]

Russia has created a new alliance that many are calling the “new G8.” Russia was expelled from the original Group of Eight in March 2014, following the annexation of Crimea. Russia stated that it did not care about the snub. “All the economic and financial questions are decided in G20, and G8 has the purpose […]

ASIA: India has witnessed the sharpest rise among the Asian economies, with a six-position jump from 43rd to 37th rank on the annual World Competitiveness Index compiled by the Institute for Management Development, largely due to gains in economic performance. Japan’s Nikkei index fell for a third day on Tuesday amid risks to growth from […]

ASIA: The Japanese economy contracted in the first quarter, but at a slower pace than earlier estimated, the government data released  last Wednesday showed. The world’s third-largest economy contracted at an annual rate of 0.5 per cent, according to Cabinet Office data. That was smaller than the 1.0 per cent contraction in the preliminary estimate for […]