Washington, April 2 (IANS) Global markets fell, and oil prices rose after US President Donald Trump signalled the Iran conflict would continue for weeks, raising concerns about supply disruptions and prolonged economic fallout, according to American media reports.US stock futures declined after Trump’s address, with S&P 500 futures down about 0.8 per cent, Nasdaq futures losing around 1 per cent, and Dow futures falling roughly 350 points, reported US media, including The Wall Street Journ…
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United Nations, Jan 15 (IANS) The trend of developing countries growing faster economically compared to the developed countries calls for reforming the Security Council and the international financial institutions, Secretary-General Antonio Guterres said on Thursday.“Every day, the share of global GDP held by developed economies shrinks, bit by bit. Every day, emerging economies grow – in size, in strength, in influence. Every day, South-South trade pulls further ahead of North-North trade,”…
Washington, Jan 13 (IANS) The White House defended President Donald Trump’s repeated criticism of Federal Reserve Chairman Jerome Powell, while stressing that the Department of Justice will determine whether any legal issues exist.Press Secretary Caroline Leavitt said the President has been clear in his assessment of Powell’s performance. “One thing for sure, the President’s made it quite clear, is Jerome Powell is bad at his job,” Leavitt said.She said Trump is entitled to express that …
New Delhi, Jan 6 (IANS) A BRICS with India at the helm is more equipped to deal with the complexities of charting out a new trade order than a more dominant and assertive China from the point of view of an antagonistic US, observed an article on the website of Russia’s international news television network.“India’s major task is to steer the economic and political mandate of a bloc of such gigantic proportions. It should, at the same time, hope to balance the geopolitical complexities of d…