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 […]
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 […]
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 […]
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. […]
United Nations: ‘Cyclones in Mozambique and famines in India have caught the attention of the global media. However, many climate crisis disasters are striking around the world, causing a huge loss of lives and other damage. This is not about the future, this is about today,’ saying, so the United Nations Organisation (UNO) warned about […]
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 […]
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 […]
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 […]
Moscow: OPEC member countries and Russia may increase the production of crude oil by the end of this year. This will result in the supply of crude oil exceeding the demand. Russian Energy Minister Alexander Novak claimed that therefore, the rate of crude oil could crash below $30 per barrel. Only 24 hours ago, the […]
London/New York: Indications are consistently surfacing over the shadows of recession lengthening, in the global economy. The investors have, therefore, shifted their focus on gold once again, resulting in a massive jump in its prices on Friday. Gold was traded for $1,348.31 per troy ounce on the New York Stock Exchange (NYSE), which is the […]