Europe could launch a digital currency in the next four years

Europe could launch a digital currency in the next four years

Frankfurt: – Christine Lagarde, President of the European Central Bank, expressed confidence that Europe could start a digital currency in the next four years. Only a few months ago, China announced Digital Yuan. Whereas, countries like the United Kingdom, Sweden, Germany and France also have indicated to start efforts to launch digital currencies. Over the […]

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Protests in Europe and Latin America along with US in support of Armenia

Protests in Europe and Latin America along with US in support of Armenia

Los Angeles: Severe repercussions of the Armenia-Azerbaijan war, being fought in Central Asia are being felt on the international level. On Sunday, a whopping 100,000 Armenians held strong protests, outside the Turkish and Azerbaijan embassies. In the last few days, protests in support of Armenia have also been reported from Europe and Latin America other […]

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European economy will receive a severe jolt due to Corona, warns a senior German official

European economy will receive a severe jolt due to Corona, warns a senior German official

Berlin: – Senior German official Joachim Wuermeling warned ‘The aftereffects of the lockdown in view of Coronavirus, have still not become visible. The Banking sector will have to bear a brunt of the lockdown. It is difficult to predict the scope of jolts on the economic level. But the jolt received by the banking sector, while there are indications […]

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US NSA on Europe tour to discuss China

US NSA on Europe tour to discuss China

Washington: – US National Security Advisor (NSA) Robert O’Brien is leaving for a tour to Europe, while the relations between China and the western countries are strained over the Coronavirus pandemic and Hongkong issues. Deputy NSA Matthew Pottinger and senior officials from the US National Security Council are accompanying O’Brien, on his Europe visit. This […]

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Europe draws out a recovery plan of 750 billion Euros to tide over Coronavirus crisis

Europe draws out a recovery plan of 750 billion Euros to tide over Coronavirus crisis

Brussels: – Ursula von der Leyen, President of the European Commission, while announcing a recovery plan of 750 billion Euros for Europe, to tide over the crisis created due to the Coronavirus pandemic, said that this is a decisive moment for Europe. This announcement by the European Commission is the biggest ever economic package in […]

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Europe should issue perpetual bonds to tide over the Coronavirus economic crisis, a suggestion by billionaire investor George Soros

Europe should issue perpetual bonds to tide over the Coronavirus economic crisis, a suggestion by billionaire investor George Soros

Brussels: – Billionaire investor George Soros has suggested that Europe should issue bonds in the category of perpetual bonds to avoid the economic recession that could be caused by the Coronavirus pandemic. Last week, Germany and France, the leading countries in Europe, announced a fund of 500 billion Euro to avert the economic hit because […]

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Coronavirus plays havoc in Europe

Coronavirus plays havoc in Europe

Rome – In the last 24 hours, more than 2,000 people have died due to Coronavirus in the European continent. Whereas, 15,000 new cases have been reported from Europe in one day. The condition in Italy, Spain and France has become very perilous, and 769 deaths were reported from Spain alone. Meanwhile, French Prime Minister […]

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