New Delhi: – K Sivan, the Chief of Indian Space Research Organisation (ISRO), welcomed the decision to open up the Indian space sector to the private sector. This decision will provide an impetus to the progress of the Indian space sector. Saying that now, the private companies will be allowed to build rockets and satellites, ISRO Chief […]
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Tokyo: The Japanese economy has been hit by the severe recession because of the Coronavirus pandemic, which is rampaging around the world. Japan is the first of the top three economies of the world to be hit by a recession. It is being said that the Coronavirus pandemic has resulted in the loss of nearly […]
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London/New York: It is evident on the international level that the intensity of the Coronavirus epidemic, which has locked down China, the second largest economy of the world, is increasing by the day. While there is a steady rise in the number of deaths and people infected, the negative impact is apparent in the global […]
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London/Tokyo: Claims that Digital currency or Cryptocurrency is the future, are being made consistently. The Central banks, who form a major portion of the global economy, have started taking these claims seriously. Over the last year, many central banks have given indications regarding digital currency. Taking the same issue forward, leading central banks of the […]
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Jerusalem: Israeli Prime Minister Benjamin Netanyahu warned ‘The Iranian government strengthened because of the economic cooperation from the European countries, is oppressing its people. The European countries are also responsible for the atrocities against the Iranian people. This is the right time to change the policies regarding Iran, learning a lesson from history.’ Two days […]
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Brussels: Six more European countries have joined the system which is designed to establish cooperation with Iran and circumvent US sanctions. Belgium, Denmark, Finland, Netherlands, Norway and Sweden joined the INSTEX economic system and declared that they would continue to trade with Iran. Earlier, the United Kingdom, Germany and France started using the INSTEX system. […]
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Warsaw/London: Poland, an important country and a leading economy in Europe, repatriated 100 tonnes of gold. The Polish central bank, ‘National Bank of Poland’ informed that this step has been taken to increase the capacity of the national economy. But the analysts have claimed that the crucial factors behind this repatriation are the uncertainty in […]
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Brussels/Ankara: Two months ago, the Chinese central bank created a sensation with the announcement of launching a digital currency. Following the Chinese announcement, other countries of the world have also been making preparations for Digital Currencies and European Union and Turkey have indicated to release it. Turkey announced release of the digital currency in 2020. […]
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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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Washington/Brussels: After receiving the verdict from the World Trade Organisation (WTO), the United States has decided to levy taxes on the European Union. These US taxes have caused a new flareup in the trade war between the two largest economies of the world. US President Donald Trump welcomed the verdict of the WTO and justified […]
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