Gold prices may hit record high amid Gulf tensions & Federal Reserve decision – Saxo Bank analyst

Gold prices may hit record high amid Gulf tensions & Federal Reserve decision – Saxo Bank analyst

London/Washington/Copenhagen: Gold prices have hit new highs in the last four years. The price of gold will jump to new heights this year, claimed analysts at Europe’s Saxo Bank. On Monday, gold prices jumped to more than two thousand dollars an ounce on the backdrop of tensions in the Gulf and a possible decision by […]

Read More »

Hamas is using arms provided to Ukraine by NATO against Israel – Ex-Russian President accuses

Hamas is using arms provided to Ukraine by NATO against Israel – Ex-Russian President accuses

Moscow – The US’s largest aircraft carrier, USS Gerald Ford, has left for the Mediterranean Sea to help Israel’s struggling against Hamas. This warship has weapons sent by the United States to Israel. Moreover, the US leaders condemned Hamas, saying that the United States firmly stands behind Israel in this period of conflict. However, Russia […]

Read More »

Russia is behind the cyber attack on UK Ministry of Defence – UK expert claims

Russia is behind the cyber attack on UK Ministry of Defence – UK expert claims

Moscow/London – A UK expert has claimed that Russian hackers were behind the cyber attack on the UK Ministry of Defence (MoD). Besides, the theft of sensitive information associated with the UK’s nuclear submarine Trident and intelligence agency GCHQ has surfaced in these cyber attacks. Moreover, it has become the third incident of Russian cyber […]

Read More »

The economic progress model pushing China towards becoming a superpower ends – US’s leading newspaper claims

The economic progress model pushing China towards becoming a superpower ends – US’s leading newspaper claims

Washington/Beijing – The top US newspaper has claimed that the model of economic progress that took China to become the second-largest economy in the world is over. The data revealed in the last few months confirm that the Chinese economy, which has maintained the pace of economic growth for nearly four decades, encompasses various crises. […]

Read More »

Western companies reap huge profits worth $200bn in defence sector due to Russia-Ukraine conflict – US website claims

Western companies reap huge profits worth $200bn in defence sector due to Russia-Ukraine conflict – US website claims

Washington: Western defence companies have made the biggest gains from the Russia-Ukraine conflict, claims a US website. A website named ‘Defense News’ made public the list of the top 100 highest-earning companies in the defence sector in 2022. Over 50 US companies are included in these, and the information has come to the fore about […]

Read More »

BRICS payment system will replace SWIFT in the non-Western world – Senior Russian leader claims

BRICS payment system will replace SWIFT in the non-Western world – Senior Russian leader claims

Moscow: The unipolar system has begun to collapse globally, and a new multipolar system is forming. In this new world away from the dominance of the Western world, the ‘payment system’ developed by the ‘BRICS’ group will replace the existing ‘SWIFT network’, claimed senior Russian leader Igor Morozov. Morozov is a senior parliamentarian of Russia […]

Read More »