Indian Prime Minister has met US President on the sidelines of the G-7 Summit in France. During the meeting,Indian PM has rejected any scope for a third party mediation between India and Pakistan on Kashmir.He reiterated that Kashmir is a bilateral issue. This statement came after US President has offered to mediate between India and… Continue reading PM rejects scope for third party mediation in Kashmir
Tag: US
G7 Summit: signs of hope as Donald Trump says U.S.-China trade talks are on
The Group of Seven(G7) summit was held in Biarritz,France.During the summit,US President has said the US and China will be resuming trade talks shortly. The US and China are negotiating a trade deal that would end the trade war between both the countries that has been escalating since last year. Trade war is a situation… Continue reading G7 Summit: signs of hope as Donald Trump says U.S.-China trade talks are on
Donald Trump reportedly wants Greenland. Can you really buy a foreign territory
U.S. President has said that he wants to buy Greenland.However,the Denmark government dismissed his statement and said that Greenland was not for sale. Greenland is the world’s largest island.It is an autonomous Denmark dependent territory with limited self-government and its own parliament. Denmark contributes two thirds of Greenland’s budget revenue while the rest comes mainly… Continue reading Donald Trump reportedly wants Greenland. Can you really buy a foreign territory
Modi, Trump to meet: Kashmir and trade will be on table
Indian Prime Minister will meet US President on the sidelines of the G-7 Summit in France. The two leaders are expected to hold talks to resolve the differences over trade and investment. India and the United States has differences over issues such as trade imbalance between India and the US.India’s exports to the U.S. in… Continue reading Modi, Trump to meet: Kashmir and trade will be on table
India-U.S. 2+2 meeting
Indian and U.S. officials will hold a 2+2 intersessional and the Maritime Security Dialogue in California,USA. 2+2 is a format of dialogue where the defense and foreign ministers or secretaries meet with their counterparts from another country. The 2+2 Dialogue between India and US aims to enhance strategic coordination between both countries and maintaining peace… Continue reading India-U.S. 2+2 meeting
IMF warns against rate cuts, currency intervention to improve trade balance
The International Monetary Fund(IMF) has warned the United States and China that higher bilateral tariffs are unlikely to reduce aggregate trade imbalances as they mainly divert trade to other countries. Instead,they are likely to harm both domestic and global growth by affecting business confidence and investment and disrupting global supply chains. The IMF has also… Continue reading IMF warns against rate cuts, currency intervention to improve trade balance
Defying U.S., Gibraltar frees Iran tanker
Gibraltar has released an Iranian oil tanker named Grace 1.The oil tanker was stopped by the UK navy after the government of Gibraltar suggested it was heading for Syria. Gibraltar is a British Overseas Territory located at the southern tip of the Iberian Peninsula.It occupies a commanding position at the western gateway to the Mediterranean… Continue reading Defying U.S., Gibraltar frees Iran tanker
Trump threatens to pull US from WTO
The US President has threatened to withdraw the United States from the World Trade Organization (WTO) on the grounds that it treats US unfairly. He has also asserted that India and China have already grown and it was unfair of them to take advantage of the developing countries tag by the World Trade Organisation(WTO). The… Continue reading Trump threatens to pull US from WTO
China vows to counter U.S. deployment of intermediate-range missiles in Asia
China has warned the United States that it would take countermeasures if the US goes ahead with its plans to deploy ground-based missiles in the Asia Pacific region. This statement came after US Defense Secretary has said that the US was now free to deploy the weapons following its withdrawal from the Intermediate-Range Nuclear Forces(INF)… Continue reading China vows to counter U.S. deployment of intermediate-range missiles in Asia
US says China manipulates yuan. What does that mean, how is it done?
The US Treasury Department has declared China as a currency manipulator.This move comes after China allowed the yuan to suddenly depreciate or lose value relative to the dollar. In retaliation,the US has also announced that it would approach the International Monetary Fund(IMF) to eliminate the unfair competitive advantage created by China’s latest actions. Foreign Exchange… Continue reading US says China manipulates yuan. What does that mean, how is it done?
