Political News 

Ram Vilas Paswan: The man who predicted which side the political wind blew

By Administrator_ India Capital Sands In Union Minister Ram Vilas Paswan’s death, the country has lost a mausam vaigyanik or ‘weather vane’ of politics. Perhaps no other leader was able to successfully predict the directions of political winds before taking the future course of action, like he was. Among the first to condole the death was Paswan’s friend-turned-adversary Lalu Prasad Yadav who had given the mausam vaigyanik title to Paswan. “I am very sorry to hear the sad news of the untimely demise of Rambilas Bhai. I am reminded of the unbroken relationship of the…

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Japan’s ruling LDP to hold leadership vote on Sept 14 to pick Abe successor

By Administrator_India Capital Sands The leader of the Liberal Democratic Party  will almost certainly become prime minister because of its majority in the lower house of parliament, replacing Shinzo Abe who on Friday said he was stepping down for health reasons. Public broadcaster NHK said the contest was likely to place around September 13 to 15. Japanese media saying it would be held on September 14. Chief Cabinet Secretary Yoshihide Suga has indicated he intends to run for leadership of Japan’s ruling party, a source said on Monday, soon after a…

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Trump replaces campaign manager amid slide in opinion polls

By Administrator_India Capital Sands   President Donald Trump demoted his longtime campaign manager on Wednesday, a move aimed at shoring up his re-election bid as he trails Democratic candidate Joe Biden in opinion polls less than four months before the Nov. 3 vote. In a Facebook post, Trump said campaign manager Brad Parscale would be replaced by Bill Stepien, who has been the deputy campaign manager. Parscale will shift to a role focused on digital and data strategy, the president said. A leadership shakeup had long been rumored. Parscale was blamed…

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Economic News Political News 

Dollar Retreats, With Investors Balancing Positive Chinese Data with Ever Increasing COVID-19 Numbers

By Administrator_India Capital Sands   The dollar retreated on Tuesday morning in Asia, giving up it gains from the last session as investors balance positive trade data with increasing COVID-19 figures. China reported a higher-than-expected manufacturing Purchasing Manager’s Index of 50.9 earlier in the day. Meanwhile, COVID-19 continues its rampage, with over 10.2 million cases as of June 30 according to Johns Hopkins University data. U.S. Federal Reserve Chair Jerome Powell warned on Monday that the outlook for the U.S. economy is “extraordinarily uncertain” and is dependent on the virus being contained…

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Covid-19 Political News 

U.S. coronavirus cases top 1.5 million, infections rise in some southern states

By Administrator_India Capital Sands   The number of COVID-19 cases in the United States exceeded 1.5 million on Monday, as total deaths caused by the new coronavirus approached 90,000. Most U.S. states reported a drop in new cases of the respiratory illness for the week ended May 17, with only 13 states seeing a rise in infections compared to the previous week, a separate Analyst analysis found. Tennessee had the biggest weekly increase with 33%. Louisiana’s new cases rose 25%, and Texas reported 22% more cases than in the first…

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Fed's Powell calls Political News 

In nod to grim U.S. outlook, Fed’s Powell calls for more fiscal support

By Administrator_Inida Capital Sands The head of the Federal Reserve warned on Wednesday of an “extended period” of weak economic growth, vowed to use the U.S. central bank’s power as needed, and called for additional fiscal spending to stem the fallout from the coronavirus pandemic. Fed Chair Jerome Powell issued his sober review of an economy slammed by a record pace of job losses and bracing for worse ahead as most U.S. states moved toward reopening after weeks of shutdowns aimed at slowing the spread of the novel coronavirus. The…

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Covid-19 Political News 

India presidential palace isolates 500 over virus scare, Pakistan’s Khan to be tested

By Administrator_India Capital Sands About 500 people entered self-isolation in staff quarters of India’s presidential palace on Tuesday, and Pakistan’s prime minister was due to be tested, as the coronavirus spreading through South Asia hit the heart of the region’s governments. Afghan President Ashraf Ghani and his wife tested negative for the coronavirus, his spokesman said, after at least 20 palace officials were infected last week. In Pakistan, Prime Minister Imran Khan will undergo testing after it was confirmed that the head of the country’s biggest charity organization, Faisal Edhi,…

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European diplomats check India’s loosening of Kashmir clampdown

By Administrator_India, Capital Sands More than two dozen diplomats are visiting Indian-administered Kashmir, New Delhi said on Wednesday, as the country tries to reassure foreign allies following several months of unrest in the contested territory. The group includes European diplomats, some of whom declined a previous invitation from New Delhi to visit the region. A proposed vote in the European Union parliament next month could chastise India for its actions in Kashmir. The Muslim-majority Himalayan region is claimed by India and arch-rival Pakistan and has been in turmoil since New…

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Euro zone economy shrinks at record rate, inflation slows sharply Commodity Broker Forex Analysis Forex Trading with Capital Sands Political News Stock Broker 

Euro-Area Industrial Output Slumps Most in Almost Four Years

By Ritu, Capital Sands A deep slump in euro-area industrial output at the end of last year highlights the scale of the challenge the sector will face in 2020. The 2.1% drop — the steepest in almost four years — will raise doubts about a meaningful rebound in momentum. The economy barely expanded in the fourth quarter and the outlook at the start of the year has been dented by the coronavirus. While some risks to the outlook diminished after the U.S. and China agreed a trade deal and the U.K. left…

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Gold Climbs After WHO Chief’s Stark ‘Tip of the Iceberg’ Warning Commodity Broker Forex Analysis Forex Trading with Capital Sands Political News Stock Broker 

Gold Climbs After WHO Chief’s Stark ‘Tip of the Iceberg’ Warning

By Ritu, Capital Sands Gold climbed for a fourth day as investors weighed the unfolding coronavirus crisis, including a stark warning from the head of the World Health Organization about the potential for more cases beyond China and signs the disease is spreading in the key Asian trading hub of Singapore. Prices rose as the death toll from the outbreak topped 900 and WHO Director-General Tedros Adhanom Ghebreyesus voiced concern over the spread from people with no travel history to China, saying “we may only be seeing the tip of…

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