According to the estimates of the Financial Conduct Authority of the United Kingdom, the economic impact of the first wave of the novel coronavirus pandemic has put almost 4,000 financial companies of the country at the brink of and at… Read More ›
Geopolitics
Iranian Revolutionary Guards Corps seizes South Korean flagged tanker
According to a report from the Iranian media, Iran’s Revolutionary Guards Corps has seized a South Korean-flagged tanker in Gulf waters and has detained its crew. The development comes in the wake of South Korean banks freezing Iranian funds following… Read More ›
NYSE will no longer delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd
In a statement the New York Stock Exchange said, it no longer intends to delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd “in light of further consultation with relevant regulatory authorities.” Last week the… Read More ›
Iran resumes enrichment of uranium at underground Fordow site igniting U.S.-Iran tensions
With Iran resuming enrichment of 20% uranium at an underground nuclear facility, in breach of the 2015 nuclear pact and potentially complicating efforts by U.S. President-elect Joe Biden to rejoin the deal,Israeli prime minister Benjamin Netanyahu stated, the move is… Read More ›
New US Tariffs Target EU Cognac In Trade Row
Fresh import tariffs on some French and German goods will be imposed by the Unite3d States as a part of a running trade dispute with the European countries. Some specific non-sparkling wine, cognac and other grape brandies along with… Read More ›
Scotland will be back soon, Europe: Scotland’s First Minister Nicola Sturgeon
With the united Kingdom completing its transition period out of the European Union, Scotland’s First Minister Nicola Sturgeon stated Scotland would soon be back in the bloc. “Scotland will be back soon, Europe,” tweeted Sturgeon on Twitter at 2300 GMT…. Read More ›
State Department approves plans to sell precision bombs to Saudi Arabia worth $290 billion
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of 3,000 precision guided munitions to Saudi Arabia in a deal valued at up to $290 billion. The incoming Bidden Administration has pledged to halt… Read More ›
Trump Administration bolsters executive order barring U.S. investment in Chinese companies
In a significant development, the Trump administration has further bolstered an executive order barring U.S. investors from purchasing securities of Chinese military-controlled companies. There is some disagreement among U.S. agencies on how tough to make the directive. In a statement,… Read More ›
Cross border traffic main irritant in UK-Spain negotiations: Spanish Foreign Minister Arancha Gonzalez Laya
On Tuesday, in a statement Spanish Foreign Minister Arancha Gonzalez Laya said, the main burr that needs ironing out in negotiations between Britain and Spain is Gibraltar’s post-Brexit status. London and Madrid are negotiating how to police the land border… Read More ›
Oxford-AstraZeneca Covid-19 Vaccine Could Be Approved By UK This Week
The United Kingdom is likely to approve usage of the Covid-19 vaccine developed jointly by AstraZeneca and the University of Oxford in this week. The Medicines and Healthcare products Regulatory Agency of the country will approve the vaccine for use… Read More ›
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