Greece must implement reforms or leave Eurozone, warns German Finance Minister

Greece must implement reforms or leave Eurozone, warns German Finance Minister

Athens: German finance minister said that its imperative for Greece to implement economic reforms, if it is to stay in the Eurozone. In spite of this warning, EU during its Brussels summit agreed to grant some debt relief to Greece. It is said that the decision was influenced by the shocking results of Italy’s referendum. […]

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Italian referendum verdict causes upheaval in Europe, PM Matteo Renzi resigns

Italian referendum verdict causes upheaval in Europe, PM Matteo Renzi resigns

Rome: The local voters in Italy have given a negative verdict towards the referendum made for a constitutional reform. This is the second major blow to the European Union who has as yet not recovered from the ‘Brexit’ verdict. While Prime Minister, Matteo Renzi has submitted his resignation after the referendum verdict in Italy,  the […]

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US records highest exports of Natural Gas for the first time after 6 decades

US records highest exports of Natural Gas for the first time after 6 decades

Washington: Last year US President Barak Obama had taken a decision, to permit the US companies to export fuel once again. After this, merely within a year US oil and natural gas exports seem to have grown rapidly. According to the November figures, US has achieved success in exporting more than 7 billion cubic feet of […]

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ATMs in 14 European nations under cyber-attack, as claimed by a report of a Russian cyber security firm.

ATMs in 14 European nations under cyber-attack, as claimed by a  report of a Russian cyber security firm.

London/Moscow : Thousands of ‘ATM machines‘ in the European banking sector of 14 countries have been the targets of cyber attacks has been reported by a Russian cyber security firm. ‘ATM machines‘ manufacturers ‘NCR‘ and ‘Diebold Nixdorf‘ too have confirmed these reports. Cyber attacks have been launched on leading nations like Britain, Netherlands, Spain and […]

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Turkey President Recep Erdogan says ‘SCO’ an alternative to EU

Turkey President Recep Erdogan says ‘SCO’ an alternative to EU

Istambul : Instead of just pursuing the membership of the European Union, Turkey should also consider other alternatives. The ‘Shanghai Co-operation Organisation’ (SCO) formed under Russian leadership, could be an excellent alternative said the Turkish President Recep Erdogan while suggesting that ‘SCO’ could be an alternative for EU. Erdogan’s speech along with Europe and Asia, […]

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British PM being pushed for ‘Hard Brexit’ due to growing demands from EU and British political circles

British PM being pushed for ‘Hard Brexit’ due to growing demands from EU and British political circles

Brussels/London : Against the backdrop of Donald Trump’s victory in the US, the growing support for right-wing leaders in Europe and irresponsible statements made by the British leaders, the pressure for demanding ‘Hard Brexit’ appears to be escalating. Senior EU sources inform that the EU’s meeting has been successful to achieve a consensus to force […]

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11 companies selected for supplying cloud services to the Government

11 companies selected for supplying cloud services to the Government

New Delhi : World over efforts are on to eliminate paper from our day-to-day functioning by adapting to e-commerce. Most countries have more or less progressed on this front, including the Indian Government. Given this scenario, India for the future would need a very capable cloud service facility to handle all its e-based data and information. […]

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No opposition to China’s military activities in South China Sea as proclaimed by the Government of Philippines

No opposition to China’s military activities in South China Sea as proclaimed by the Government of Philippines

Singapore, (17 December) : Although China has deployed anti-aircraft and missile systems in Spartly island in’ South China Sea’, Philippines will not oppose this move, is the firm stand taken by Duterte’s Government  in Philippines. Philippines  wishes to maintain a bilateral relationship of cooperation with China and will not be an obstacle in this  oceanic […]

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Cyber attacks on Russian banks; 5 banks targeted using CCTV cameras from 30 nations

Cyber attacks on Russian banks; 5 banks targeted using CCTV cameras from 30 nations

Moscow : Last month, the cyber attacks on the US and Europe, done with the help of ‘smart’ gadgets using ‘Internet of Things’ (IoT), had created quite a stir. Within three weeks after that, it has come to the fore that similar cyber attacks have been done in Russia also. These cyber attacks in Russia, have […]

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