Epidemic of unknown disease will claim 80 million lives in 36 hours, warned an international study group in the UN

Epidemic of unknown disease will claim 80 million lives in 36 hours, warned an international study group in the UN

New York: In 1918, the outbreak of the Spanish Influenza had claimed lives of more than 50 million people the world over. On the same lines, if a new disease spreads across the world, it could kill 80 million people in 36 hours, warned an international study group. This is the third instance where a […]

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NYSE owner ICE launches Bitcoin Futures contract

NYSE owner ICE launches Bitcoin Futures contract

New York: The US company, Intercontinental Exchange (ICE) that owns the New York Stock Exchange (NYSE), which is the largest stock exchange in the world, has launched Bitcoin Futures trading in the cryptocurrency. The first trade on Future’s Exchange started on Sunday at 8.00 pm, US time and the company informed that the first transaction […]

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Debt burden on the US crosses $400 trillion, claims report by a private financial institution

Debt burden on the US crosses $400 trillion, claims report by a private financial institution

Washington: A private financial institution issued a sensational warning that the total debt burden in the US economy is 20 times the Gross Domestic Product (GDP) of the United States and the number has reached nearly $400 trillion. A few months ago, the US treasury department had released information that the national borrowing is to […]

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Gold bounces to $1,500 per ounce, riding on the flareup of the trade and currency wars

Gold bounces to $1,500 per ounce, riding on the flareup of the trade and currency wars

London/New York: The intensifying trade war between the United States and China and the further flareup caused in it, because of the currency war, caused a huge leap in the Gold rates. On Wednesday, Gold reached a record level of $1,503 per ounce, in the transactions on the ‘COMEX Gold Futures’, in the United States. […]

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Gold rates touch $ 1,400 per ounce, on the background of the developments in the Persian Gulf

Gold rates touch $ 1,400 per ounce, on the background of the developments in the Persian Gulf

London/New York: Following the shooting down of a US drone by Iranian missiles, the tension at the international level has been escalated, the repercussions of which are seen on the global economy. It is observed that gold which is known to be a safe investment in the times of uncertainty has jumped to $ 1,400 […]

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Gold rates jump above $1,350, due to the economic uncertainty and tension in the Middle East

Gold rates jump above $1,350, due to the economic uncertainty and tension in the Middle East

London/New York: Against the background of increasing uncertainty and growing tension in the Middle East, the Gold rates jumped, on Friday, above $1,350. The transactions on Friday saw a record price between $1,351 to $1,362 per ounce. This is the first time the Gold rates have recorded this level since April 2018. The rise in […]

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China becomes aggressive following the threat by the US President, prepares for equivalent retaliation in the trade war

China becomes aggressive following the threat by the US President, prepares for equivalent retaliation in the trade war

Washington/Beijing: US President, Donald Trump has warned that if the trade talks with China, during the G-20 summit in Tokyo, are not successful, the tax will be imposed on the Chinese goods imported into the United States, worth $300 billion. China has immediately replied to the threat, issued by Trump and China has warned that […]

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