European Union institutes inquiry against Facebook, over the issue of Libra cryptocurrency

European Union institutes inquiry against Facebook, over the issue of Libra cryptocurrency

Brussels: The troubles for Libra cryptocurrency, being launched by the social media company Facebook, seem to be increasing. Following the action initiated by the countries like the United States and Australia, now the European Union has instituted an inquiry against ‘Facebook Libra’. The spokesman of the Union informed that independent notices had been sent to […]

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China becomes aggressive following the threat by the US President, prepares for equivalent retaliation in the trade war

China becomes aggressive following the threat by the US President, prepares for equivalent retaliation in the trade war

Washington/Beijing: US President, Donald Trump has warned that if the trade talks with China, during the G-20 summit in Tokyo, are not successful, the tax will be imposed on the Chinese goods imported into the United States, worth $300 billion. China has immediately replied to the threat, issued by Trump and China has warned that […]

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Shadows of global recession darken further, against the background of decline in manufacturing sector and US-China trade war

Shadows of global recession darken further, against the background of decline in manufacturing sector and US-China trade war

Washington/London: The trade war between the United States and China is intensifying by the day, and even the global investors and big corporates have not been able to asses the effects properly. The economists have claimed that over the last few months, the manufacturing sector in Europe as well as Asia, is taking a major […]

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Iran threatens to resume Uranium enrichment if no cooperation in oil and banking sector in the next 60 days

Iran threatens to resume Uranium enrichment if no cooperation in oil and banking sector in the next 60 days

Tehran: While the United States has been preparing to corner Iran through sanctions, Iran has issued a stern warning to the other signatory countries in the Iran nuclear deal. “If the decisions to bail out the Iranian banking and oil sector are not taken within the next 60 days, Iran will violate some of the […]

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UK has become a laughing stock at the international level over Brexit, claims multinational company chief

UK has become a laughing stock at the international level over Brexit, claims multinational company chief

London: “The world is watching, and where the UK used to be beacon for stability, we are now becoming a laughing stock. Enough is enough. We are all running out of patience,” Jurgen Meyer, head of the multinational company Siemens slammed the British government in stern words. There is tremendous chaos in the British political circles, […]

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64. Events from the 1930s

64. Events from the 1930s

The Arab-Jew riots of 1929 in Jerusalem gradually quelled but only after consuming the lives of numerous Jews and after extensive damages to their properties and synagogues. Though everything seemed normal, it was superficial. The mutual anger in the minds of people on both the sides continued to rage unabated. The Arabs resorted to boycotting […]

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Huge decline in stock markets globally; in view of Trump’s threat of import taxes against China

Huge decline in stock markets globally; in view of Trump’s threat of import taxes against China

London/Shanghai: Last week, US President, Donald Trump threatened to tax Chinese imports worth $200 billion. Severe repercussions of this threat are being felt in the international economy and a major decline was seen in the European and Asian stock markets including China. The Chinese stock market was hit the most and the index crashed to […]

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One mistake by the US will cause Hormuz Strait’s oil transport to shut down, warns Iranian military chief

One mistake by the US will cause Hormuz Strait’s oil transport to shut down, warns Iranian military chief

Tehran: ‘The United States will have to pay a heavy price if it makes the mistake of stopping the Iranian crude exports. Iran will stop the entire crude oil movement from Arabian nations, passing through the Strait of Hormuz if the United States makes this mistake,’ warned the Iranian military chief, Major General Mohammad Hossein […]

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