With the U.S. embracing increased protectionism despite its posturing in the G7 meet, German Chancellor Angela Merkel has voiced the markings on the wall. The executive summary of last week’s G7 and NATO meeting, comes down to just one line,… Read More ›
Economy & Finance
Korean Peninsula heating up in the wake of missile launches by the North
The economic consequences of a limited skirmish are enormous. In its latest defiance of world pressure, North Korea has fired, at least, one short-ranged ballistic missile on Monday which landed in the sea off its east coast. The Scud-class ballistic… Read More ›
IMF Official Says Within 3 Weeks, Greece On Track To Reach A Deal With Creditors
An IMF official reportedly told the media that the upcoming payment deadlines that will force through a deal, is the biggest guarantee that Greece and its creditors will finally reach an agreement on its debt burden. Certain economic forecasts –… Read More ›
This Is Where The New Economic Risks Are In A Post-Crisis World: RBI Ex-Chief Rajan
Raghuram Rajan, the former governor of the Reserve Bank of India, said that economic risks have spread elsewhere even though the world’s banks have become safer since the global financial crisis. “Almost certainly lightening doesn’t strike twice in the same… Read More ›
Trump’s weapons sale to Riyadh comes under Senate Foreign Relations Committee scrutiny
The sale of high-tech weapons and ammunitions to an indiscriminate ally has been one of the reasons based on which a similar sale of weapons to Riyadh had been blocked by the previous U.S. Administration. With the U.S. Senate Foreign… Read More ›
Jared Kushner, Trump’s son-in-law, under FBI scrutiny: media reports
The outcome of the investigation by the FBI, several congressional committees and by a special counsel appointed by the Justice Department will have serious economic consequences for the United States. According to NBC News reports and the Washington Post, Jared… Read More ›
Production Cuts Extension For Nine Months Agreed Upon By OPEC And Non-OPEC Members
After November’s landmark deal failed to clear a global supply overhang, OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday. The 1.8 million barrel per day supply cut will roll over until… Read More ›
A vulnerability in Samba raises fears of another WannaCry-like worm
Organisations, companies and individuals running Samba are highly encouraged to update the software. It took researchers only 15 minutes to exploit this vulnerability. Cybersecurity researchers have warned of increased cyberattacks in the wake of a newly found vulnerability in a… Read More ›
Japan Inc has better trade opportunities at hand than those offered by China’s debt-ridden ‘Belt and Road’ initiative: Reuters Poll
As per the results of a survey conducted by Reuters, there is widespread scepticism on the Chinese initiative, with critics saying the project is an attempt to project Chinese influence overseas. As per a Reuters poll, the vast majority of… Read More ›
U.S. Navy Warship sails within 12 nautical miles of Chinese artificial island in South China Sea
If the U.S. Warship switched on its radar or launched a boat or a helicopter, it would up the challenge to China since these are not permissible in a territorial sea under international law. Without these actions, the meaning of… Read More ›