Wednesday, Sep 18 2019 | Time 10:34 Hrs(IST)
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  • Israeli Blue and White Bloc head says ready to 'speak with everyone' about Gov't formation
  • Trade pact headway may offer both US and India - a win-win situation
  • People deserve to know the truth about what happened to Netaji after air crash at Taihoku : Mamata
  • Israeli PM's challenger calls for unity gov't
  • Riyadh to present evidence of Iran's involvement in attacks on oil facilities on Wednesday
  • Trump to meet Imran
  • Pakistan condemns attack of Saudi's oil facility
  • Two more cases of Polio reported in Pakistan
  • All eyes on Mamata-Modi meet in capital on Wednesday
  • French experts to help Saudi Arabia investigate attacks on oil facilities
  • Low Pressure area likely to form in next 12 hrs under influence of cyclonic circulation : IMD
  • Ramanathan-Gengel move into doubles second round in Glassgow
  • Ramanathan-Gengel move into doubles second round in Glassgow
  • US Military leaders provided Trump with plan to attack Iran oil facilities - Reports
  • Momota, Chen Long advance into BWF China Open 2nd round
World


Trump wants Fed Reserve to cut interest rates down to 'zero'

Trump wants Fed Reserve to cut interest rates down to 'zero'

Washington, Sep 11 (UNI) In a fresh attack on US Federal Reserve, President Donald Trump on Wednesday said that central bank should lower interest rates down to zero so that country can refinance its debt.

"The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term," Trump tweeted.

Trump further said that the US should always have zero inflation and the world's lowest interest rates, and also renewed his criticism of Federal Reserve Chairman Jerome Powell, which he blames for slowing the economy.

"We have the great currency, power, and balance sheet.The USA should always be paying the lowest rate. No Inflation! It is only the naivete of Jay Powell and the Federal Reserve that doesn’t allow us to do what other countries are already doing," Trump said, who has repeatedly noted that rates are negative in Germany, Europe’s trading powerhouse.

"A once in a lifetime opportunity that we are missing because of ‘Boneheads'," he concluded.

The Federal Reserve cut interest rates in July for the first time since the financial crisis, bringing its benchmark interest 25 basis points lower to a range of 2.25 per cent to 2.5 per cent.

UNI XC TV

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Pakistan condemns attack of Saudi's oil facility

Pakistan condemns attack of Saudi's oil facility

18 Sep 2019 | 10:29 AM

Islamabad, Sep 18 (UNI) Pakistan Prime Minister Imran Khan has called Saudi Crown Prince Mohammad bin Salman to strongly condemn the drone attack in the gulf country's oil facility.

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Trump to speak on religious freedom at UN

Trump to speak on religious freedom at UN

18 Sep 2019 | 8:59 AM

Washington, Sep 18 (UNI) US President Donald Trump will address an event on religious freedom at the United Nations next week, the White House said on Tuesday.

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Two more cases of Polio reported in Pakistan

18 Sep 2019 | 8:54 AM

Islamabad, Sep 18 (UNI) Two more polio cases have been reported in Pakistan, taking the total to 64, a media report said on Wednesday.

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Hailing B'desh's growth, NZ HICOM proposes to improve business climate with NZ aid

17 Sep 2019 | 10:45 PM

Dhaka, Sep 17 (UNI) Non-resident High Commissioner of New Zealand to Bangladesh Joanna Mary Kempkers while citing example of her country as the top ranked one among 190 economies in the Ease of doing business expressed desire to share its experience with Bangladesh in order to attract more investments to the young developing country.

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At least 22 killed, 38 wounded in Kabul suicide attack

At least 22 killed, 38 wounded in Kabul suicide attack

17 Sep 2019 | 9:14 PM

Kabul, Sep 17 (UNI) At least 22 people, including six military personnel, were killed and 38 others injured in an explosion carried out by a suicide bomber near Massoud Square on Tuesday, police said.

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