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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
A volatile reaction in bond prices could be sparked in Europe and could also spillover throughout the continent if there is a revival of reflationary pressures in the U.S., said the European Central Bank vice-president Vitor Constancio during a TV… Read More ›
Bitcoin has been outperformed by its closest rival Ether, which is up over 2,300 percent, even though the former has more than doubled in price this year alone. Bitcoin was trading at the day’s high of $1,003.25 on January 1…. Read More ›
The SEC and the Consumer Financial Protection Bureau were given a set of powers in the wake of the 2008 financial crisis. Efforts are now being made to dismantle these structures. Is this the preamble to a coming global financial… Read More ›
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