Gold reserves of the world are depleting, warns leading industrialists

Gold reserves of the world are depleting, warns leading industrialists

Cape Town: ‘Gold Reserves in the world are now depleting and there is no alternative available,’ warned Nick Holland, the CEO of Gold Fields, the Gold mining company from South Africa. The demand for gold is increasing because of the instability and uncertainty prevailing at the global level. In this scenario, the warning by Holland […]

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East and southern African countries debate accepting Chinese Yuan as reserve currency at the conference in Zimbabwe

East and southern African countries debate accepting Chinese Yuan as reserve currency at the conference in Zimbabwe

Harare: Influence and scope of the Chinese Yuan which was accepted as a global ‘Reserve Currency’ by the International Monetary Fund two years ago, is on the rise. In an economic conference held in Africa on Monday, there were comprehensive discussions about officially accepting Yuan as a Reserve Currency. A few African countries including Angola, […]

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Eight more countries in Africa may be hit by Ebola following Congo, warns the World Health Organisation

Eight more countries in Africa may be hit by Ebola following Congo, warns the World Health Organisation

Geneva/Kinshasa: The Ebola epidemic has reached dangerous proportions and has already claimed 26 lives. The World Health Organisation has warned that this epidemic in Congo is extremely dangerous and eight more countries in Africa might contract this epidemic in the near future. This is the eighth time that the African nations have contracted Ebola epidemic […]

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59 soldiers killed in attack launched by Al Shabaab militant organisation on ‘African Union’ base in Somalia

59 soldiers killed in attack launched by Al Shabaab militant organisation on ‘African Union’ base in Somalia

Mogadishu: The ‘Al Shabaab’ militant organisation carried out a dreadful attack on the ‘African Union’ army base in Somalia on Sunday. ‘Al Shabaab’ has claimed to have killed 59 soldiers in this attack. Officials of the African Union have refuted the claim and said that 22 terrorists were killed in the retaliatory action. The African […]

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Nigerian army claims complete victory over terrorist organisation ‘Boko Haram’

Nigerian army claims complete victory over terrorist organisation ‘Boko Haram’

Lagos: The Nigerian army has claimed a decisive victory against the terrorist organisation ‘Boko Haram’ under the operation ‘Operation Deep Punch 2’. Major General Rogers Nicholas of the ‘Theatre Command’ in Northeast Nigeria gave this information. But, even after this claim, there have been attacks by ‘Boko Haram’ in Nigeria as well as Cameroon putting […]

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Anti-government agitations break out in Tunisia

Anti-government agitations break out in Tunisia

Tunis: Tunisia, formed seven years ago as a result of the Arab Spring protests, is once again reeling with anti-government agitations. The demonstrations which broke out because of the taxes and expenditure cut back policies imposed by the government, leading to lower wage costs and inflation, have taken a violent turn in the last two […]

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Famine and starvation in Africa – the biggest humanitarian crisis since 1945, cautions UN

Famine and starvation in Africa – the biggest humanitarian crisis since 1945, cautions UN

Unites Nations : In the African continent, just four countries contribute to more than two million citizens suffering from famine and starvation. The UN has claimed that this has been the biggest humanitarian crisis since 1945. If the international community does not come together to mutually resolve this issue, there will be no other option but […]

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