New Delhi, May 22 (IANS) Europe is among the most exposed to the China shock as it faces a price war, a massive surge of cheap Chinese goods imports and de-industrialisation, but they are not taking the necessary actions against these threats because of fears of retaliation and coercion from Beijing, according to an article published by the European Council on Foreign Relations (ECFR).The article laments that a comprehensive policy package to offset this imbalance with China — including import…
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Geneva, Jan 1 (IANS) An explosion followed by a violent fire ravaged the ‘Le Constellation’ bar in Crans-Montana ski resort in Valais Canton of southwestern Switzerland on New Year’s Eve, causing numerous deaths and injuries, the local authorities said on Thursday. Reports cited that several dozen people are feared dead and around 100 injured due to the explosion and fire. Those injured in the blast and subsequent fire suffered serious injuries and were taken to hospitals in Sion, capital of Val…