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US drops Currency Manipulation Charge against China ahead of Trade Deal

According to the semi-annual report on Macroeconomics and Foreign Exchange Policies published by the United States Treasury Department on Monday 13th January 2020, United States has dropped its charges of designating China as a currency manipulator as no major US trading partner was reported as currency manipulator in the report which came less than 48 ..

Chinese Delegation on its way to the US to sign Trade Deal

To sign phase one of the US-China trade deal, on Monday, 13th January 2020 a Chinese delegation led by the Vice Premier of China, Liu He, who headed the Chinese negotiation team during the US-China trade talks embarked on a visit to Washington were the long-awaited deal is scheduled to be signed between the President ..

House of Representatives passes War Powers Resolution to Restricts actions of US President against Iran

In United States (US) the Parliament is known as Congress, the US congress comprises of two houses similar to the Indian Parliamentary System, the Lower House of the US congress is called the ‘House of Representatives’ having similar functions to the Lok Sabha of India, whereas the Upper House of the US Congress is known ..

Iran strikes two Iraqi bases hosting US troops

More than a dozen missiles were launched by Iran at Ain al-Asad military base of Iraq and also targeted the Erbil facility on early hours of Wednesday, January 08, 2020, both locations in Iraq have been hosting the United States and its Coalition Forces. This is the first reported retaliation from Iran in response to ..

US Targeting 52 Iranian Sites: US President

The United States of America President, Donald Trump has warned Iran after fears of major conflagration near the entire Persian Gulf region prompted following the US assassination of Iranian Quds Force General Qasem Soleimani, that if the Islamic republic attacks American personnel or assets then the US has identified 52 sites in Iran and ‘WILL ..

US to resume IMET Programme for Pakistan

The United States President, Donald Trump on Friday, 4th January 2020 has decided to resume the International Military Education and Training(IMET) programme that was cut off in 2018 with Pakistan, while aid provided for the overall security assistance remains suspended.  From 15 years the United States has provided a sum close to USD 2 billion ..

Esmail Qaani appointed as new Chief of Quds Force

The Supreme Leader of Iran, Sayyid Ali Hosseini Khamenei has appointed Brigadier General Esmail Qaani to replace the former chief of Iran’s elite Islamic Revolutionary Guards Corps unit Quds Force, Commander Maj. Gen. Qassem Soleimani, who was assassinated during an airstrike by the United States on Friday, 3rd January 2020. Earlier in the day, the ..

US, China Trade War likely to end in First Week of 2020

The American economist, Peter Navarro who is currently serving as the trade adviser to the US President has suggested on Monday, 30th December 2019 that a trade deal is likely to be signed between the US and China during the upcoming week. Earlier this month the White House has signaled that a trade deal with ..