Big tech firms likely to disrupt the world’s financial system, warns chief of IMF

Big tech firms likely to disrupt the world’s financial system, warns chief of IMF

Tokyo: Managing Director and Chairman of the International Monetary Fund(IMF), Christine Lagarde issued a sensational warning saying, “A few companies in the world have a humongous amount of data. These companies can gain control over the economic transactions through artificial intelligence and other technologies and significant disruption to the world’s financial system.” The warning issued […]

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China will have to face a major crisis if it does not withdraw from the South China Sea, warn international analysts

China will have to face a major crisis if it does not withdraw from the South China Sea, warn international analysts

Washington: International analysts have warned ‘China should reign in its international ambitions, well in time. It will be better if it starts with the South China Sea. Because if China does not retreat from this region, it will have to face major crises in the times to come. China had to lose everything in the […]

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NATO holds ‘BALTOPS 2019’ naval exercise under leadership of ‘US Second Fleet’

NATO holds ‘BALTOPS 2019’ naval exercise under leadership of ‘US Second Fleet’

Brussels: NATO has initiated aggressive actions, given the new government in Ukraine and the Russian President’s decision to walk out of the nuclear arms pact. Massive naval exercises have begun in the Baltic Sea, between Europe and Russia from Sunday in which 18 countries, including the United States, are participating. The activities are being held […]

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The US imposes fresh sanctions against Iran, vitriolic reactions from Iran

The US imposes fresh sanctions against Iran, vitriolic reactions from Iran

Washington/Tehran: The United States has delivered one more jolt to Iran by imposing sanctions against the ‘Persian Gulf Petrochemical Industries Limited’. The United States levelled the sanctions accusing the company of supplying funds to Revolutionary Guards, which is declared as a terrorist outfit by the United States. A day before the announcement of sanctions, French […]

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20 Saudi Arabian posts captured, claim Houthi rebels from Yemen

20 Saudi Arabian posts captured, claim Houthi rebels from Yemen

Sana: The Houthi rebels in Yemen have intensified their attacks against Saudi Arabia. The Houthi rebels, who have been carrying out missile and drone attacks on Saudi Arabia,claimed to have acquired Saudi Arabian military posts. The Houthi rebels claimed to have acquired 20 Saudi Arabian military posts, in Najran Province and also claimed to have […]

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Trust in the US dollar across the world is on decline: Russian President Vladimir Putin

Trust in the US dollar across the world is on decline: Russian President Vladimir Putin

Moscow/Washington: Russian President Vladimir Putin claimed, ‘The Use of the US dollar, ever since it became operational as the international currency, is being made to pressurise the world. Therefore, the world is losing faith in the US dollar.’ At the same time, Putin warned that the campaigns initiated by the United States against the Chinese […]

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