Washington: The International Monetary Fund (IMF) has cautioned that post ‘Brexit’, the EU may face financial anarchy; and circumstances may lead to the fall in the Euro. If efforts are not made to resolve the conflict, then the current situation of political instability may worsen, owing to which the EU may collapse any time. The IMF had […]
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On Wednesday 6th July gold hit its highest in more than two years, by virtue of uncertainty, drop in stock markets and slide in some bond yields to record lows after Britain’s vote to leave the European Union (Brexit). Post the rise, gold rates having reached to $ 1367.104 per troy ounce (31.10 g) is […]
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Britain’s decision to exit the EU has rippled across right upto the US. As the country was celebrating its independence day on 4th July, certain states from among the ‘Unites States of America’ had begun to crave independence. The states of Texas and California appear to have taken the initiative and a campaign to the […]
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London, dated 1st July (Press)- London, famously known as the Financial Hub globally and in Europe markets, would possibly lose the status post the Brexit results. Post Brexit many companies are moving their offices outside the UK. Germany, France and Ireland are putting in efforts to attract the companies planning to exit the UK. Financial […]
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A crunch meeting of the EU states is being held in Berlin to examine the issues arising out of “Brexit”. Attendees include Prime Minister David Cameroon of Britain. A day prior to the larger meeting, the French President Francois Hollande, German Chancellor Angela Merkel and Italian Prime Minister Mateo Renzi met at Berlin to discuss the […]
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Voting in favour of ‘Brexit’, the British masses have shown unwillingness to remain a part of the EU. The decision has had grave political repercussions the world over, prompting also, swift ripples on the global share market as much as on the global political scene. Following the results of the referendum, the British Prime Minister […]
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New Delhi, Dt: 24(PTI)–India is well prepared to face any after effects of ‘Brexit’ said the Indian Finance Minister Arun Jaitley. India has strong economic fundamentals and adequate foreign exchange reserves. The Government is working closely with various regulatory bodies to mitigate the effects of volatility caused by ‘Brexit’. Mr. Arun Jaitley asserted that the […]
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The Central Bank of China has warned that China is to a certain extent under pressure even now and so recession still looms over the country. Li-Gang Liu, the chief Economist in China has warned that a just one wrong turn on the part of the government would suffice to take China to economic stagnation. […]
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London, Dated.11.06.2016-Russia was declared as the largest fuel exporter in the world for year 2015. This information was published by the leading fuel company BP. Russia exported around 75% of its oil produce and 33.7% of its CNG. A net increase of 1.2% in the fuel production of Russia compared to the year 2014 has […]
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India and Iran have signed 12 MoUs, which also includes the development project of port Chabahar. Besides the bilateral MoU to develop the Chabahar port, a trilateral agreement has also been signed by India, Iran and Afghanistan to develop a transport and transit corridor between the three countries. This corridor will pass through Chabahar. The […]
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