Economy

China threatens Boeing and Apple

News Desk China is threatening to “restrict or investigate” several major U.S. companies, such as Boeing and Apple, in retaliation against U.S. action Friday to block shipments of semiconductors to

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Fraudsters cashing millions through fake coronavirus vaccines, cures, charity drives and malware

Special Correspondent Organized crime rackets are cashing millions of dollars taking undue advantage of the ongoing lockdown due to coronavirus pandemic throughout the world. They are among the types of

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Slippery oil triangle of Russia, Saudi Arabia and the United States

Jonathan Ariel Oil relationships are as unstable and volatile as romantic ones. Following a deadlocked OPEC summit in February, Moscow and Riyadh announced they would ramp up production, sending already

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How businesses in Russia operate underground in conditions of self-isolation

Victoria Ryabikova In the space of 48 hours, our correspondent managed to sign up for a photo shoot, a manicure, and even an erotic massage. Everywhere safety is guaranteed. “It

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After the pandemic, China and the West are likely to record successes in the economic and political realms

Emil Avdaliani As the shock from the coronavirus pandemic decreases over the coming months, both China and the West are likely to record successes in the economic and political realms.

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Who will be the top beneficiary of coronavirus?

Emil Avdaliani Many argue that the coronavirus pandemic will ultimately benefit China more than the rest of the world, especially the US. After all, America is now the worst-hit country

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Thai alcohol industry urges lift prohibition

News Desk Alcohol-industry organisations have asked the prime minister to lift the ban on selling alcohol, imposed as part of measures to curb the spread of Covid-19. The request came

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China will triumph over America due to coronavirus pandemic, says Muslim economist

Hugh Fitzgerald At MEMRI.org, we find the predictions of one Saeed Tawfiqi, a Kuwaiti economist, as to the inevitable rise of China and the decline of the West. Tawfiqi said

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Sharia-compliant financial assets forecast to reach $3.8 trillion by 2023

Christine Douglass-Williams Sharia finance is rapidly growing in the UK, Canada and Australia, and generally expanding across the globe. “Sharia-compliant financial assets are forecast to reach $3.8trn by 2023, averaging annual

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Coronavirus and its effects on the global economy

Dr. Frank Musmar The 2020 outbreak of the novel coronavirus (COVID-19) will go down in history for its massive impact on the global economy and on public health, both physical

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