Washington: US economist and investor Peter Schiff warned ‘The current situation in the United States is the beginning of the biggest economic crisis in the history of the United States. The intensity of the new recession is so dreadful that the crisis in 2008 will look minuscule, in front of it. The situation will be […]
Read More »
New Delhi: The effects of the US killing of General Soleimani are becoming apparent on the global economy and puts stress on the Indian economy too. A sharp decline has been recorded in the Indian stock markets and the investors have lost a whopping ₹3.36 trillion. There has been a big rise in the gold […]
Read More »
Beijing/London: The United Kingdom, who is supporting the agitation going on in Hong Kong for the last more than six months, has been jolted by China. China has suspended the transactions on the Shanghai and London stock exchanges. This action taken by China, when the London Stock market is already reeling under the pressure of […]
Read More »
Lumpur: Malaysian Prime Minister Mahathir Mohammed advised that the Islamic countries should start using Gold Dinar as currency or barter exchange system. Mahathir Mohammed expressed confidence that this would facilitate countering sanctions imposed by countries like the United States. Iran and Turkey have supported the idea, and there are indications that steps will be initiated […]
Read More »
Washington/Beijing: US President Donald Trump issued a stern warning to the world bank saying that China has enormous amounts of funds and even if it does not, it will create it; therefore, under any circumstances, the world bank should not fund China. Only a few days ago, the world bank decided to provide billions of […]
Read More »
Ankara/Moscow: Turkish President Recep Erdogan has announced that TurkStream, an ambitious fuel project and an important stage in the Russia-Turkey cooperation, will become operational from January 2020. The project envisages building of 1,090 kilometres long fuel pipeline between Russia and Turkey, at a cost outlay of a whopping € 12 billion. This project will also […]
Read More »
Melbourne: While there are international bans on Lashkar-e-Taiba and Jamaat-Ud-Dawa, Falah-e-Insaniyat working for these terrorist groups is still active. India also pointed out that It is also imperative to take action against those organisations that work for terrorist groups. Minister of State for Home Affairs G. Kishan Reddy presented India’s role in the ‘No money for terror’ conference […]
Read More »
Moscow: The largest Russian oil company ‘Rosneft’ has decided to permanently outcast US dollar from its transactions. In an independent release, Rosneft clarified that henceforth, the oil rates will be announced only in Euro, instead of US dollars. All the customer companies have been issued instructions regarding this and the company has already started transacting […]
Read More »
Washington: At a time, when economies like Russia and China are trying to challenge the economic domination of the United States, it has been exposed that USD, the leading reserve currency of the world, is losing its percentage share. The International Monetary Fund (IMF) has announced the information regarding the investments in the reserve currencies […]
Read More »
California: Facebook has acquired the start-up which has developed ‘Mind Reading Wrist Band’, that reads the instructions sent by the brain to the arm. The name of the Start-up being Control Labs, this deal is claimed to be nearly USD 1 billion, as per the US media. With this acquisition, Facebook would make a mark […]
Read More »
