Washington: Secretary of the Treasury Steven Mnuchin warned regarding cryptocurrency saying that Cryptocurrency and Bitcoins are used for the transaction of billions of dollars for Cybercrime, tax evasion, ransom demands, narcotics trade and human trafficking. Many people have tried to use cryptocurrency to raise funds for misconduct and carrying out criminal acts. Therefore, cryptocurrency has […]
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 […]
Brussels: NATO has initiated aggressive actions, given the new government in Ukraine and the Russian President’s decision to walk out of the nuclear arms pact. Massive naval exercises have begun in the Baltic Sea, between Europe and Russia from Sunday in which 18 countries, including the United States, are participating. The activities are being held […]
Washington/London: The trade war between the United States and China is intensifying by the day, and even the global investors and big corporates have not been able to asses the effects properly. The economists have claimed that over the last few months, the manufacturing sector in Europe as well as Asia, is taking a major […]
Washington: On May 12, four vessels near the coast of the UAE were subjected to sabotage attack. US State Secretary Mike Pompeo blamed Iran for attacks in the Gulf, saying it was an effort by Tehran to raise the global price of oil as it is reeling under the economic crisis. Pompeo claimed Iran to […]
Brussels: While there are indications of a conflict sparking in the Middle East over the Iran issue, US Secretary of State Mike Pompeo has embarked on an unexpected visit to Europe. It was a last-minute decision taken by Secretary of State Pompeo, and it is significant to note that he cancelled a program in the […]
Moscow: Tensions between the US as well as the European countries and Russia have been escalating over various issues like Iran, Syria, Ukraine, Venezuela and similar issues like the INF treaty. While the tension has been swelling, the Russian President Vladimir Putin on Thursday displayed the country’s military might during an event related to World […]
Washington: US President, Donald Trump and Russian President Vladimir Putin,had a telephonic conversation. The talks were about the new START (Strategic Arms Reduction) Treaty, between the two countries. The two leaders had deliberations over, whether to include China in the agreement. President Trump informed that Venezuela, North Korea, Ukraine and US-Russia trade were also discussed […]
London: The effects of the US tightening the noose around Iran against oil trade have started emerging on the international level. Following the announcement by the United States, the Crude rates have spiralled to $ 75 per barrel, in just three days. As per the analysts, after the actual implementation of the sanctions, the rates […]
Washington: A senior US military official warned, ‘The tension between the United States and Russia has increased, and the arms race between the two countries has intensified. The tension between the two countries has reached a level, higher than the cold war days. During the cold war days, there used to be some dialogue, between […]