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Cold War between US and China Deepens

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5 years ago

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Washington: After raising 10% additional tax on imports from China last week, Trump Government labels China as a Global Currency Manipulator. This is further escalating the trade war between the two economic superpowers.

Beijing after the country’s central bank allowed the ‘Yuan’ to fall in retaliation for new US tariffs.  The potential punishments are a shadow of the steps Trump has already taken against China; it underscores the rapidly deteriorating relationship between the world’s two largest economies while US determination is largely symbolic.

The move roiled markets, with S&P 500 Index futures sliding more than 1 per cent Tuesday in Asia. The Yuan stabilized as China announced its daily fix for the onshore level. China central bank chief said that it believes that Yuan will continue to remain a strong currency in spite of US interference.

Treasurer Secretary Steven of US said that it will talk to the IMF (International Monetary Fund) to eliminate unfair competition and advantage created by China’s latest actions. It is the first time since 1990’s that US has accused China of such accusations as of Currency Manipulator.

US government to seek negotiations with the government accused of manipulation. But officials in Beijing and Washington have already been engaged in trade talks for more than a year.

These actions from US have led to a cold trade war between China and United States and can further grow if further action is not taken early.President Donald Trump had promised to take on his first day in office only requires Treasury to initiate consultations with China. Beijing has long denied U.S. accusations that it keeps its currency undervalued to make its products more competitive on world markets.

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Apple is giving a huge discount on its gadgets: Details inside

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2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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