Tag: IMF

Gwadar Military Base a reality: CPEC not Benign

Major General S B Asthana,SM,VSM China’s handing over of two combat ships to Pakistan on January 14, 2017, for ‘safety of Gwadar Port’ (Dawn, 15 January,2017) and later the headline was changed to ‘for Maritime Security’, on clarification from Pakistan Maritime Security Agency. It opens a new line of argument, which China has been avoiding

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IMF admits China’s Yuan into its currency basket

Newsroom24x7 Desk Washington, DC : The International Monetary Fund (IMF) admitted China’s Yuan into its benchmark currency basket and gave China’s currency a prized reserve asset status. This came in as a successful culmination of Beijing’s campaign for recognition as a global economic power and rendered Beijing’s endeavors victorious. The decision to add the Yuan,

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Obama’s budget request for 2016: Critical investments in diplomacy and development

Newsroom24x7 Desk Washington DC, Feb. 3: US President Obama released his Fiscal Year 2016 Budget requests that include critical investments in diplomacy and development to “secure peace and stability for the American people, strengthen the U.S. economy and global markets, and support U.S. citizens and diplomatic and development presence overseas. Two weeks ago, in his State

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