Greece must implement reforms or leave Eurozone, warns German Finance Minister

Greece must implement reforms or leave Eurozone, warns German Finance Minister

Athens: German finance minister said that its imperative for Greece to implement economic reforms, if it is to stay in the Eurozone. In spite of this warning, EU during its Brussels summit agreed to grant some debt relief to Greece. It is said that the decision was influenced by the shocking results of Italy’s referendum. […]

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US records highest exports of Natural Gas for the first time after 6 decades

US records highest exports of Natural Gas for the first time after 6 decades

Washington: Last year US President Barak Obama had taken a decision, to permit the US companies to export fuel once again. After this, merely within a year US oil and natural gas exports seem to have grown rapidly. According to the November figures, US has achieved success in exporting more than 7 billion cubic feet of […]

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China restless due to Yuan’s decline, indicative of restriction on foreign investment

China restless due to Yuan’s decline, indicative of restriction on foreign investment

Beijing: The results of recent elections in the United States has begun affecting the Chinese economy and the Chinese Yuan is beginning to decline. Within two weeks following Donald Trump’s victory, the Chinese Yuan is getting extremely devalued. Currently the Yuan has sunk to a eight and half year low against the US dollar. To […]

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China warns of protecting its trade rights if Trump Presidency implements tariff threats

China warns of protecting its trade rights if Trump Presidency implements tariff threats

Washington / Beijing : Donald Trump, after ascending to the Presidency, would be thoroughly informed about rules of World Trade Organisation (WTO) hoped China’s Trade Representative. But if required, China too would exercise its powers as the member of WTO, warned China’s Deputy International Trade Representative Zhang Xiangchen. This is the second time that China has […]

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ATMs in 14 European nations under cyber-attack, as claimed by a report of a Russian cyber security firm.

ATMs in 14 European nations under cyber-attack, as claimed by a  report of a Russian cyber security firm.

London/Moscow : Thousands of ‘ATM machines‘ in the European banking sector of 14 countries have been the targets of cyber attacks has been reported by a Russian cyber security firm. ‘ATM machines‘ manufacturers ‘NCR‘ and ‘Diebold Nixdorf‘ too have confirmed these reports. Cyber attacks have been launched on leading nations like Britain, Netherlands, Spain and […]

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US-Europe free trade agreement has come to an end; claims German Chancellor Merkel

US-Europe free trade agreement has come to an end; claims German Chancellor Merkel

Berlin: The ‘Transatlantic Trade and Investment Partnership’ (TTIP), the proposed free trade agreement between the US and the EU, which would have created the largest free trade region of the world, has come to an end, claimed the German Chancellor Angela Merkel. Merkel indicated that the negotiations regarding the agreement may not be conducted further, […]

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11 companies selected for supplying cloud services to the Government

11 companies selected for supplying cloud services to the Government

New Delhi : World over efforts are on to eliminate paper from our day-to-day functioning by adapting to e-commerce. Most countries have more or less progressed on this front, including the Indian Government. Given this scenario, India for the future would need a very capable cloud service facility to handle all its e-based data and information. […]

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Cyber attacks on Russian banks; 5 banks targeted using CCTV cameras from 30 nations

Cyber attacks on Russian banks; 5 banks targeted using CCTV cameras from 30 nations

Moscow : Last month, the cyber attacks on the US and Europe, done with the help of ‘smart’ gadgets using ‘Internet of Things’ (IoT), had created quite a stir. Within three weeks after that, it has come to the fore that similar cyber attacks have been done in Russia also. These cyber attacks in Russia, have […]

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