Claiming that “This perverse caliphate is shrinking” referring to the Islamic State, the Obama administration’s diplomatic point man in the international fight against the terrorist group has said the extremists have been losing control over territory. However in Iraq a string… Read More ›
Alleging that Facebook, Twitter and Google’s YouTube service had failed to remove ‘hateful content’ posted on their sites, there French organizations say they will file legal complaints against the three IT companies. The internet giants have only removed a small… Read More ›
The glut in the oil pool has resulted in Moody’s re-assigning debt ratings for countries in the Arabian Gulf. Assigning a negative outlook to Oman, Saudi Arabia and Bahrain, Moody’s Investors Service has cut their debt ratings as low oil… Read More ›
The European Commission has the power to impose antitrust fines of upto 10% of a company’s annual sales, which for Google could be 6 billion euros. The Sunday Telegraph has reported that Google is facing a record 3 billion euros,… Read More ›
A German magazine has reported 93.6 billion euros in costs for the refugee crisis by 2020, citing a draft report from Berlin’s Ministry of Finance. A German magazine has reported that Germany has projected an expense of nearly 93.6 billion… Read More ›
Despite facing criticism from “Out” campaigners, the governor of Britain’s central bank has justified stating the risks of such an outcome. Mark Carney, the governor of the Bank of England has denied that by stating the possible short-run costs of… Read More ›
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