London – British defence officials have warned that Chinese and Russian space operations pose a growing threat for the space sector. The United Kingdom space command was declared fully operational on Thursday. At the event, defence officials drew attention to the dangers posed by China and Russia. There were also indications that the United Kingdom […]
Washington/Beijing: – Stocks of Chinese companies fell to record lows in the US stock markets. The decline continued for three consecutive days on Friday, Monday and Tuesday, with Chinese companies claiming more than 200 billion dollars in losses. The decline for Chinese companies appears to be the biggest jolt since 2008. These companies include companies […]
New Delhi – The government has no plans to print more currency notes to alleviate the financial crisis caused by the Coronavirus, Finance Minister Nirmala Sitharaman said. The finance minister made this revelation while answering a question in the Lok Sabha. Stating that the fundamentals of the Indian economy are powerful, Finance Minister Sitharaman assured […]
London: – British Finance Minister Rishi Sunak hinted at launching a digital currency called ‘Britcoin’. In this regard, the UK Finance Department and the Central Bank’ Bank of England’ set up an independent task force a few months ago. Against the backdrop of Corona and Brexit, the British economy is likely to develop a crisis. […]
Beijing/Washington: – The ruling Chinese regime has launched a vigorous move to prevent Chinese companies from listing on the US stock markets for raising capital. A few days ago, a Chinese company, Didi Inc., was listed on the New York Stock Exchange and submitted an IPO. Within days of the IPO, Chinese authorities took action […]
Colombo – Sri Lanka, which has borrowed heavily from China, faces a massive financial crisis. Sri Lanka’s foreign exchange reserves have fallen sharply, with only three months’ worth of foreign reserves remaining. This has led Sri Lanka to impose restrictions on imports of various commodities. According to some reports, Sri Lanka also has no money […]
Tel Aviv/Dubai – The embassy of the United Arab Emirates (UAE) was inaugurated in Tel Aviv on Wednesday, in the presence of Israeli President Isaac Herzog. This is the first time that a Middle Eastern Arab country has opened an embassy in Israel. In August last year, a historic peace agreement was signed between Israel […]
Berlin: – Annegret Kramp-Karrenbauer, Federal Minister of Defence of Germany, announced the formation of the independent German Space Command, saying the Space sector is a sensitive factor in the country’s infrastructure facilities and its security is important. Germany becomes the third European country to form an independent space command under the defence department. Even NATO […]
Kathmandu – On Tuesday, Sher Bahadur Deuba, President of Nepal Congress, took over as the Prime Minister of Nepal. While reinstating the dissolved Nepalese Parliament, the supreme court had given a verdict to appoint Sher Bahadur Deuba as the Prime Minister of Nepal. Prime Minister Deuba is a known India supporter. Deuba had consistently criticised […]
Paris – France has imposed a fine of 500 million Euros on Google, the leading company in the information technology sector. Isabelle de Silva, the President of the French Competition Authority, informed that this is the biggest action taken by the authority for violation of the copyright act of the European Union. Google has expressed […]