Washington/Budapest: While the Russian leadership is accusing that the increasing US military deployment Europe as a direct threat to Russia, the United States has decided to increase military assistance to the European countries. Hungarian Prime Minister Viktor Orban announced that the United States would be supplying medium range Air Defence Missiles, to Hungary. Orban recently […]
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Moscow/Beijing: Russia and China, two of the leading economies of the world have increased their purchase of gold. In February, Russia purchased a whopping 31 tonnes of gold taking its gold reserves to 2,149 tonnes. At the same time, the Chinese central bank has been revealed to have bought gold for four successive months, to […]
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Caracas/Moscow: The Venezuelan government trapped in an economic crisis has accepted a proposal from the Russian companies to explore and excavate Gold in the country. Only a few hours ago, the reports of the takeover of Venezuelan oil companies by Russian companies had surfaced. Meanwhile, it is claimed that Venezuela has Gold reserves of nearly […]
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Tehran: The Iranian economy is cornered because of the withdrawal of the European and Asian countries and companies from the trade and crude oil related cooperation, fearing US sanctions. Iran has decided to increase the share of Gold in the economy, to recover the economy, breaking the shackles. The government has ordered starting excavation of […]
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Beijing/Washington: A Canadian financial expert and analyst has said that China will end the dominance of the US Dollar on the back of its gold reserve of 20000 tonnes. China’s economy is feeling the heat of the ongoing trade war with the US and therefore, China might take this aggressive step to defeat the US, […]
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Cairo : Qatar has given stern warning to Saudi Arabia and other Arab allied nations after receiving support from US and European nations. Qatar has threatened to step out of the “Gulf Cooperation Council (GCC)” if its demands are not accepted by Saudi and other Arab allied nations within next three days. This warning can increase the tensions for Arab nations. Saudi Arabia […]
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