China has warned India not to stop its Huawei Technologies from doing business in the country otherwise Indian firms operating in China may face trouble. This statement came after India has planned to establish 5G cellular network in the country but has not decided whether to open the trials to Huawei. The US administration has… Continue reading China warns India of ‘reverse sanctions’ if Huawei is blocked
Tag: US
Taliban says differences resolved on U.S. troop withdrawal
The U.S and Taliban officials has held productive negotiations in Doha,Qatar aimed at ending the war in Afghanistan. During talks,U.S and Taliban appear to be closing in on an agreement under which U.S. forces would withdraw in exchange for guarantees that Afghanistan would not become a haven for other terrorist groups. However,even if the US… Continue reading Taliban says differences resolved on U.S. troop withdrawal
United States designates China a “currency manipulator”
The US has officially designated China as a currency manipulator.This decision was taken after China’s central bank allowed the yuan to weaken in retaliation for new US tariffs. A weaker yuan makes Chinese exports more competitive or cheaper to buy with foreign currencies. The US Treasury department defines currency manipulation as when countries deliberately influence… Continue reading United States designates China a “currency manipulator”
U.K. joins U.S. to ensure safety of vessels in Gulf
The UK will join a US-led taskforce to protect merchant ships travelling in the Gulf. This move comes amid growing tensions between the two countries and Iran over the shipping route in the Strait of Hormuz. This decision was taken after Iran had seized a British oil tanker in the Strait of Hormuz.UK has accused… Continue reading U.K. joins U.S. to ensure safety of vessels in Gulf
U.S. poised to formally abandon INF missile treaty
The US has formally withdrawn from a Intermediate-Range Nuclear Forces Treaty(INF) with Russia. Russia had also officially suspended it’s participation in the INF treaty after the US had announced to withdraw from the treaty claiming that Russia had secretly developed a missile that violated the INF. Further,the US military also plans to test a land-based… Continue reading U.S. poised to formally abandon INF missile treaty
Explained: Significance of US Federal Reserves rate cut and its impact on India
United States Federal Reserve has announced a quarter percentage point cut in interest rates.It is the first rate cut since the global financial crisis broke in 2008. The Fed has cited concerns about the global economy and lower US inflation among the key reasons for the decision to cut rates and signalled a readiness to… Continue reading Explained: Significance of US Federal Reserves rate cut and its impact on India
Highly gratified by cooperation from ‘great friend’ India on Iran: U.S.
The United States has praised India for cooperating in enforcing the oil sanctions on Iran. This statement came after India has brought down the import of oil from Iran to almost zero. The tensions between the US and Iran have started after US had withdrawn from the 2015 nuclear deal that aimed to curb Iranian… Continue reading Highly gratified by cooperation from ‘great friend’ India on Iran: U.S.
U.S. Fed cuts interest rate for first time since 2008
The United States Federal Reserve has announced that it would cut the interest rates for the first time since a decade. Fed Chairman cited global weakness, simmering trade tensions and a desire to boost too-low inflation as the reasons for the central bank’s decision to cut the interest rates. This rate reduction was the first… Continue reading U.S. Fed cuts interest rate for first time since 2008
Currency policing should be done by IMF not US:RBI governor Shaktikanta Das
The Reserve Bank of India governor has said that the International Monetary Fund(IMF) should not allow the U.S to bilaterally label countries as currency manipulators. He questioned the US bi-annual report calling out emerging markets for currency manipulation.He said that such labelling should not be a bilateral prerogative when multilateral institutions like the IMF exist.… Continue reading Currency policing should be done by IMF not US:RBI governor Shaktikanta Das
U.S. working with Pak. to find way out of Afghan war: Trump
US President has said that the United States and Pakistan are jointly seeking a way to end the war in Afghanistan. The US President wants to withdraw U.S troops in Afghanistan and sees Pakistan’s cooperation as crucial to any deal to end the war. In 2018,US had slashed millions of dollars of security assistance to… Continue reading U.S. working with Pak. to find way out of Afghan war: Trump
