Strasbourg: New law has been passed to prevent import of cheap Chinese products into European countries. It was passed by 554 votes to 48 against, in the European parliament’s session on Wednesday. It was finalized after last month’s discussion amongst the European council members and the parliament. Although, the European Union (EU) in the past […]
Beijing: Chinese President Xi Jinping’s ‘One Belt One Road’ project a part of his ambition to make China a superpower, seems to have hit roadblocks as claimed by a few analysts. President Xi Jinping had announced this project about four years back and since then many Chinese companies have aggressively invested and initiated projects in […]
Skopje: “Differential treatment towards Balkan countries by the European Union (EU) and an indifferent approach in investments to connect east and west has opened up avenues for Russia and China, the two lurking super powers to stake their claim on Europe” said the Macedonian President while strongly accusing the EU. President Gjorge Ivanov issued a stark warning that if the […]
Riyadh: Last 24 hours has seen significant events in Saudi Arabia since King Salman established anti-corruption committee and announced the appointment of Crown Prince Mohammed bin Salman to head the committee. Within few hours of the announcement, Prince ‘Alwaleed bin Talal’ along with other 11 princes have been arrested under charges of corruption. 4 other […]
Riyadh: With an investment of $ 500 billion, Saudi Arabia’s Crown Prince ‘Mohammed bin Salman’ announced the plan to build a futuristic city called ‘NEOM’. ‘NEOM city’ will not be for those who are conventional type of people or companies. The Saudi Prince claimed that the city will be for those who want to do something […]
Landon: Chris Watling, a British analyst, warned about the drop oil prices to 10 dollars per barrel in next few years. He said that, “Development in electric cars will cause significant events around the world. As 70 percent of all the crude oil produced is used for transportation. We cannot forget that approximately 120 years ago the world was not […]
Beijing: Jack Ma, World’s leading Chinese businessman and the owner of ‘Alibaba Group’ Company, has decided that in the coming years to invest to the tune of $ 15 billion, in ‘Artificial Intelligence’ and other futuristic technical knowhow. This was announced recently by the Alibaba Group at a conference held in China. Only last month, Russian […]
Ambala: Faced with the threat of China and Pakistan, the ‘Rafale’ fighter jets, purchased from France will be deployed at Ambala and Hasimara bases of air force. Accordingly, a senior IAF official said that the work of upgrading these two bases of the Air Force has been started Last year, India had decided to purchase […]
“In Israel, a land lacking in natural resources, we learned to appreciate our greatest national advantage: our minds. Through creativity and innovation, we transformed barren deserts into flourishing fields and pioneered new frontiers in science and technology.” – Shimon Peres The above are words expressed by Shimon Peres, the Israeli leader who served not only […]
Washington: Renowned investor, Jim Rogers giving a fearful indication said, that a recession far worst than the one seen in 2007 by the US and the World, awaits all in the coming future. It has already started and the share markets in US have begun to see its consequences. A financial distress never seen by […]