Berlin: The internationally accepted secure and reliable systems SWIFT and International Monetary Fund (IMF) are both dominated by the United States. To end this United States domination of the financial systems, European countries are trying to develop alternative systems for SWIFT and Monetary Fund, claimed German Finance Minister Heiko Maas. Even last week, while speaking […]
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Washington: While Russia, Turkey and the European countries are increasing their Gold reserves, the silence maintained by China about its Gold reserves seems to be suspicious, as per claims. Over the last two years, China has not declared the status of its Gold reserves. At the same time, a Goldmine having the largest Gold reserves […]
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Ankara: Turkey has decided to retaliate against the taxes imposed on Turkish exports to the United States, in the same manner. The Turkish Vice President announced a big increase in the taxes on the imports from the United States. These include the cars, tobacco and other products. At the same time, the economists have warned […]
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Washington: The US investigation agency has issued a serious warning saying that ATMs all over the world might face a huge cyber-attack in the next few days and US dollars worth millions will be stolen. The “Federal Bureau of Investigation” has published an alert in which it has warned that cyber-criminals from all over the […]
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New Delhi: There was a record decline in the value of the Indian Rupee against the US dollar and the Rupee declined to 69.93 per USD. The decline of Re.1.10 on Monday was the highest in a single day, over the last 5 years. As per analysts, this slide in the Indian Rupee and many […]
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Beijing: China has retaliated to the US President, Donald Trump’s threat of imposing additional taxes of 25% on goods imported from China worth $200 billion. China has retaliated with a warning that taxes varying between 5% and 25% will be imposed on goods worth $60 billion imported from the United States. This warning by China […]
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Bern: There are accusations that the Rothschild Bank was involved in the corruption and financial irregularities during the rule of former Malaysian Prime Minister Najib Razak. The ‘Financial Market Supervisory Authority’ (FINMA) from Switzerland has made this claim. Najib Razak had to step down because of the corruption in the ‘1MBD’ fund, known as the […]
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Washington: US President Donald Trump indicated imposition of taxes on all of the imports from China saying, ‘My actions are not merely political. The action against China is meant to guard the United States’ interests. It has taken advantage of the United States in bilateral trade since the past several years. Therefore, I am willing […]
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New Delhi/ Mumbai: The Reserve Bank of India (RBI) had declared a complete ban on the virtual Currency, Cryptocurrency transactions in India. Until then, the Supreme Court has postponed the next hearing on the petition is scheduled on 11th September. Accordingly, the court will announce its final verdict on this petition. The RBI had banned […]
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Washington: The experts and analysts in the oil sector have claimed that crude oil rates could rise up to $120 due to the sanctions imposed by the United States on Iran and the trade war in the global economy. The oil supply from Iran has declined since the European and Asian countries have taken steps […]
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