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 […]
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The past year has seen an unprecedented increase in the value of the Bitcoin. Although some financial experts have predicted that the cryptocurrency has a great future, there are many others who have expressed their reservations about Bitcoin, and have advised caution. The kind of surge that has been witnessed in the value of the […]
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Moscow, 03 Nov 2017 – Bitcoin and other cryptocurrencies could prove ‘Halal’ in Islam and could be used for ‘Islamic Banking’, said Madina Kalimullina, adviser on Islamic economics and finance to the Russia’s ‘Mufti Council’. Speaking to a Russian news agency, Kalimullina clarified that though a formal decision was yet to be made in this […]
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Berlin: The outgoing German Finance Minister, Wolfgang Schaeuble, gave serious indications saying that the Central Banks like the European Reserve Bank and the US Federal Reserve have been attempting to inject trillions of dollars into the financial markets. Their attempts are giving rise to the formation of ‘new bubbles‘ which in itself is an invitation […]
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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 […]
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In very clear words, the US President Donald Trump gave an ultimate warning to North Korea saying that the time to show strategic restraint is over, and the time has come to give a firm reply. These words of President Trump during his meet with the South Korean President Moon Jae-in, give an indication that […]
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London : After the largest ever cyber attack that hit more than 150 countries, a new cyber attack larger than this is soon expected, warn analysts. The security agencies worldwide are still investigating the massive cyber attack that blocked more than 2 lakh computers of many multinationals including the renowned US company FedEx, along with the […]
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Germany has fastened the process of retrieving gold which was sent to foreign countries after the World War 2. In the past three years, the Central Bank Of Germany has successfully managed to retrieve 642 tons of gold from US and France. In 2013, the German Government had announced a policy of keeping 50% of […]
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Washington : The United Nations has such great potential but right now it is just a club for people to get together, talk and have a good time. So sad!’ said the US President-elect Donald Trump criticizing United Nations. Lately Trump has been criticizing UN frequently, though on Monday the edge of his charges had sharpened. […]
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Banavali: ‘The neighboring country of India is the mother of terrorism with all the terrorist organizations of the world linked to this nation’, in these words, Prime Minister Narendra Modi strongly condemned Pakistan in his speech at the BRICS summit. A tough stand has been taken against terrorism in the BRICS resolution also, which signifies a […]
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