Washington: US President Donald Trump on Saturday doubled down on the sweeping tariffs he unleashed on countries around the world, warning Americans of pain but promising historic investment and prosperity. The comments came as Trump’s widest-ranging tariffs took effect in a move that could trigger retaliation and escalating trade tensions that could upset the global…
Online Desk The People’s #Bank of #China suddenly announced that the digital RMB (Renminbi, Chinese Yuan) cross-border settlement system will be fully connected to the ten ASEAN countries and six Middle Eastern countries, which means that 38% of the world’s #trade volume will bypass the SWIFT system dominated by the US dollar and directly enter…
Colombo: Prime Minister Narendra Modi on Saturday underlined that the “special partnership” between India and Sri Lanka is endorsed across party lines in the island nation as he met Leader of the Opposition Sajith Premadasa here. Modi landed in Colombo last evening after concluding his trip to Bangkok, where he attended a summit of the…
Colombo: For the first time, India and Sri Lanka on Saturday inked an ambitious defence cooperation pact with Prime Minister Narendra Modi outlining a broader roadmap for deeper bilateral cooperation, asserting that the security of both nations is interlinked and dependent on each other. The defence pact is among seven key agreements signed by the…
Colombo: Prime Minister Narendra Modi was on Saturday accorded a tri-services ceremonial welcome at the historic Independence Square in the heart of the Sri Lankan capital, in perhaps the first such honour given to a foreign leader. President Anura Kumara Dissanayake received the prime minister at the Square — the venue for national day celebrations…
Colombo: India and Sri Lanka are expected to come out with around 10 ambitious outcomes including enhancing cooperation in areas of defence, energy security, and digitalisation, following talks between Prime Minister Narendra Modi and President Anura Kumara Dissanayake on Saturday. Modi landed in the Sri Lankan capital this evening to a rousing welcome as five…
Bangkok: Prime Minister Narendra Modi on Friday visited Bangkok’s Wat Pho temple, famous for its architecture and the massive 46-metre-long statue of the Reclining Buddha. Accompanied by Thailand Prime Minister Paetongtarn Shinawatra, Modi paid homage to the Reclining Buddha and offered ‘Sanghadana’ to senior Buddhist monks at the temple. The Prime Minister also presented a…
Beijing: China announced 34 percent tariffs on US imports on Friday, the first major economy to fire back against President Donald Trump’s swingeing new levies in an escalating global trade war that sent markets deep into the red. Countries and companies alike weighed their options and the EU readied for talks with US officials. Potential…
Bangkon: Prime Minister Narendra Modi in his meeting with Bangladesh’s Chief Adviser Muhammad Yunus on Friday underlined India’s concerns over the safety of minorities, including Hindus, and conveyed the expectation that the Bangladeshi government would ensure their security, including by thoroughly investigating cases of atrocities against them. The two leaders met on the sidelines of…
Bangkok: Prime Minister Narendra Modi on Friday told Myanmar’s Senior General Min Aung Hlaing that India was doing everything possible to assist the nation in recovering from the aftermath of a massive earthquake that killed several thousands. Modi met Senior General Min, the head of Myanmar’s military government, on the sidelines of the Summit meeting…
