United States' proposal of improving Taiwan's F-16 fighter jets could affect the improving relationship between China and US.

It seems that the run for US presidency has started showing its colors on Donald Trump, who indicated that showing a tough stance against China is the only resolution. So far, United States has tried their best to escalate pressure on China to trim down its currency value, which has not given the desired results.

Will the looming threat of recession for Europe and U. S into reality? Well, it seems possible now. As markets were today jolted by global cues that the Federal Reserve has indicated "significant downside risks" in the U. S. economy, a sense of panic could be seen in the market.

It seems that there is no end to the rock solid rivalry between the US and China, as a recent report has made it clear that China is miffed with US over the latter's decision to strike an arm deal with Taiwan.

This report has come at the time when the Obama administration is on the way to resolve the matter involving fleet of F-16 fighter jets.

It seems that the long running euro zone debt crisis has not left China also, as it has come to light that the EU has thumbs down China on its economic growth.

Derecognizing China's market has come as a shocker for the Commerce Ministry.

Recently, a poll was conducted to study about the region which has maximum interest of U. S. nationals.

The results of the poll were out on Wednesday and highlighted that American’s interests have now shifted from Europe to Asia, and major U. S. national interests lie in the Asian region today.

Though France, Spain and Sweden were some common names that were being expected to be heard in a survey by the plurality of respondents in nine out of 12 European Union countries, United States topped the list and remained even more important than Asia.

The standard interest rate of the Bank of Korea (BOK) has remained 3.25% since June as the US and Europe still remains under the burden of uncertain debt and growth problems.

Monetary Policy Board Members and Governor Kim Choong-Soo had announced the rate to remain unbothered. Earlier the rate had witnessed a 25 basis points (bps) change in June following the same change in March and January.

With threat of acute slump in US, the position of crude oil seems to be at a fall in the markets of Asia. With the decline in the prices of Euro, the chances of its fall increased even more, proving the analysis to come true.

According to reports, Indian shares on Monday went up by 2.5% as it became part of the rebound all over Asia, right after the Ben Bernanke US Reserve Chairman made the way for more moves to boost the biggest economy in the world.

Classifying India as a major regional and international power, a senior Official revealed that the US desires to fortify the bilateral relations of the two countries, as India carries great potential and common interest.

The Deputy Assistant Secretary of Defense for South and Southeast Asia, Robert Scher, said, "We view our relationship with India as a partnership of equals-two nation states with a commonality of security interests in the Indian Ocean region and beyond".