London – Increased tension due to global geopolitical activities and signs of economic recession has caused central banks to turn their stance towards gold, which is considered a safe investment now. In the first nine months of 2023, central banks have purchased more than 800 tonnes of gold. According to the information shared by the […]
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 […]
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 […]
Kyiv/Warsaw – Polish Prime Minister Mateusz Morawiecki announced to stop the supply of arms to Ukraine, clearly saying, ‘We are no longer transferring weapons to Ukraine because we are now arming Poland with more modern weapons. We were the first to do a lot for Ukraine, and that’s why we expect them to understand our […]
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 […]
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. […]
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 […]
Islamabad – Iran’s Foreign Minister expressed confidence that the annual trade with Pakistan would increase to $5 billion after visiting the country. At the same time, the Iranian Foreign Minister had indicated that the Iran-Pakistan gas pipeline project would start soon, and it would be possible to supply fuel from Iran to Pakistan through the […]
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 […]
Washington: The Federal Reserve’s report revealed that with the US citizens withdraw $78 billion from banks in just one week having withdrawn $78 billion from banks in just one week, it has emerged that the US Banking sector crisis is not yet over. In April, people withdrew $100 billion from the leading bank, First Republic. […]