Moscow/Washington: The chief of the Russian stock market has asserted that Russia can offer investment in the Russian Gold as an excellent alternative for those investing in the US dollar. Only a few days ago, it was reported that Russia had taken its Gold stocks to 2,100 tonnes valued at $87 billion in the foreign […]
Moscow: Russia faced with sanctions from the United States and European countries, has performed a Golden Task in the last year. The Russian Gold reserves have reached a record 2,100 tonnes, and the valuation of this Gold reserve stands at a whopping $87 billion. Russia has reached the fifth place at the international level, surpassing […]
Ankara: The differences between the United States and Turkey have been intensified further due to the United States announcement related to the security of the Kurds to the US military withdrawal. ‘If the United States unnecessarily delays military withdrawal from Syria, the Turkish military would enter Syria and initiate attacks. Also, Turkey will not wait […]
London/Beijing/Washington: “As the world re-orders itself, this disconnect between the real and financial is likely to reduce, and in the process, other reserve currencies may emerge. In the first instance, I would expect these will be existing national currencies, such as the renminbi,” said the governor of the Bank of England (BoE), claiming China’s Yuan […]
Tehran: It is clear that the Iranian economy is struggling because of the harsh sanctions imposed by the United States. As of today, one has to pay 110,000 Iranian Rial for a US dollar. The Iranian Central Bank has initiated measures to bring about changes in the valuation of the Iranian Rial. The Central Bank […]
Berlin: The Alternative for Germany (AfD) party warned that Germany would consider exiting from the European Union if the Islamisation of Europe continues in the same manner, ‘Islam considers the country as a part of the religion, and therefore it becomes a part of the political ideology. If the European countries make unified efforts, Islamisation […]
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Caracas: A banana would cost $21 in Venezuela a few months ago. But by the year-end, the ordinary Venezuelan will not even be able to buy a banana for the same price. The Venezuelan inflation index has sky-rocketed by 1.3 million%, and the value of the local currency Bolivar has nosedived as compared to the […]
Tehran: The Iranian economy is cornered because of the withdrawal of the European and Asian countries and companies from the trade and crude oil related cooperation, fearing US sanctions. Iran has decided to increase the share of Gold in the economy, to recover the economy, breaking the shackles. The government has ordered starting excavation of […]
Singapore/Washington: The US National Security Advisor John Bolton issued a stern warning saying that The United States will be increasing the intensity of sanctions against Iran. The main objective of the US sanctions is to bring the Iranian oil exports to nought. The United States intends to exert immense pressure on Iran. The pressure exerted […]