BRICS payment system will replace SWIFT in the non-Western world – Senior Russian leader claims

BRICS payment system will replace SWIFT in the non-Western world – Senior Russian leader claims

Moscow: The unipolar system has begun to collapse globally, and a new multipolar system is forming. In this new world away from the dominance of the Western world, the ‘payment system’ developed by the ‘BRICS’ group will replace the existing ‘SWIFT network’, claimed senior Russian leader Igor Morozov. Morozov is a senior parliamentarian of Russia […]

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Germany changes its new trade policy to reduce China’s dependence – China’s Foreign Ministry criticises

Germany changes its new trade policy to reduce China’s dependence – China’s Foreign Ministry criticises

Berlin – Germany has announced a change in its trade policy with China. It said that China is openly violating human rights and trying to make an impact on the rules-based international order. Moreover, Germany says it was closely watching these aggressive activities of China. Germany also said it had no intention of withdrawing from […]

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India, US succeed in resolving disputes during the Prime Minister’s visit

India, US succeed in resolving disputes during the Prime Minister’s visit

Washington – During Prime Minister Modi’s visit to the US, both countries successfully resolved six trade disputes which reached the World Trade Organisation (WTO). India’s Minister of Commerce and Industry, Piyush Goyal, has expressed confidence that this will further increase the trade between India and the United States hereafter, and both countries will benefit from […]

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Do not attempt to impose conditions on India – US analyst gives explicit advice to Biden administration

Do not attempt to impose conditions on India – US analyst gives explicit advice to Biden administration

Washington – Lisa Curtis, a US analyst, clearly said that US President Biden should thoroughly discuss the issue of India’s policy and human rights related to Russia with the Indian Prime Minister but must not condition its support. She sternly said that while raising the human rights issue before Prime Minister Modi, the US President […]

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Debt burden on global economy at $305 trillion – Institute of International Finance warns

Debt burden on global economy at $305 trillion – Institute of International Finance warns

Washington – The international study group, Institute of International Finance (IIF), has warned that the debt burden on the world economy has reached $305 trillion. The IIF pointed out that factors such as the increasing ageing population in developed countries, growing expenditure on the healthcare sector, additional provision for defence due to geopolitical tensions and […]

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Prime Minister Modi arrives in Hiroshima, Japan, for G7

Prime Minister Modi arrives in Hiroshima, Japan, for G7

Hiroshima – Prime Minister Narendra Modi has arrived in Hiroshima, Japan, and will participate in the G7 meeting. The Prime Minister will then visit Papua New Guinea and Australia. The G7 meeting expects to have serious discussions against China’s hegemonic activities, including the Russia-Ukraine conflict. Therefore, the presence of the Prime Minister of India in […]

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European countries, including Poland, pressure Ukraine to end conflict – claims US journalist Seymour Hersh

European countries, including Poland, pressure Ukraine to end conflict – claims US journalist Seymour Hersh

Washington/Kyiv – Seymour Hersh, a leading US journalist, claims that some European countries pressure the President of Ukraine to end the conflict. Hersh has said that a group led by Poland demands that Ukrainian President Volodymyr Zelensky should prepare to resign if necessary. While Hersh’s claim emerges, African countries have announced to send delegations to […]

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