The ECB is working with the Bank of England to reduce the fallout of a Brexit vote. As per officials with the knowledge of the matter at hand, the European Central Bank along with the Bank of England, would publicly… Read More ›
Geopolitics
Teheran’s oil exports surges thanks to P&I clubs
Despite the partial lifting of U.S led sanctions, Iran’s oil exports are surging with European and Asian tankers are in the lead. Following the lifting of western sanctions in January, more than 20 Asian and European super-tankers are shipping Iranian… Read More ›
Brexit looms large over Fed’s June interest rates hike
The U.S. Federal Reserve will most likely take a call on hiking interest rates after Britain’s historic vote on EU. So as to factor in the economic fallout of Britain leaving the European Union, the U.S Federal Reserve may be… Read More ›
Chinese vice finance minister supports increased US China coordination
Zhu Guangyao has warmed up to the impending hike in U.S. interest rates, saying it is good for China and for global economies. The Chinese vice finance minister, Zhu Guangyao, has welcomed the U.S. Federal Reserve’s decision to hike interest… Read More ›
Hackers got a helping hand from an insider
An investigative committee set up by the Bangladesh government has come to the conclusion that it cannot rule out the possibility of an insider leaking out the bank’s internal working to hackers. According to the head of the panel that… Read More ›
Security at Euro 2016 a Major Concern for France
The Euro 2016 tournament that kicks off in two weeks will be a nightmare for French security forces already worn down by last year’s terrorist attacks and ongoing political protests is Saturday night’s soccer match between Paris Saint-Germain and Marseille… Read More ›
US Military Uses 8-inch Floppy Disks to Coordinate Nuclear Force Operations
A jaw dropping new report reveals that a computer system that coordinates the operational functions of the United State’s nuclear forces is driven by 8-inch floppy disks – whose use started several decades ago and is still being used. According… Read More ›
Denmark getting dizzy while facing identity crisis
The international scene has been marked over the past few years by the increased role of Denmark in the concert of nations. Much has been happening in the northern kingdom, both on the domestic scene and abroad. While the country… Read More ›
India to Spend $500M to Develop a Strategic Port in Iran
India will invest about $500 million in the development of the strategic southern Iranian port of Chabahar. Bypassing neighbor Pakistan, with which India’s historically had thorny relations and the development of a sea-land access route to central Asia is the… Read More ›
One of the World’s Most Expensive Countries Is Debating Giving Away Money
Debates and discussions are on in Switzerland about giving its people $2,500 a month for doing nothing. A vote that would decide whether the government should replace the various welfare benefits with the introduction of an unconditional basic income is… Read More ›
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