The compensation amount of $10.3 billion does not include environmental costs, which could further boost the total cost of the diesel emission scandal. According to 3 sources who are knowledgeable with the matter at hand since they have been briefed… Read More ›
Geopolitics
The Legal Nature of UK’s Brexit Referendum
While there has been wide spread reactions to the majority of people in the UK voting to leave the EU, the question that many are asking is whether the Thursday’s referendum on Brexit legally binding. “No” is the simple answer… Read More ›
British car manufacturing industry could be severely affected in case of Brexit
If Brexit were to happen Jaguar Land Rover could face a $1.47 billion in taxes by 2020. According to two sources who are familiar with the matter at hand, Britain’s largest car manufacturer, Jaguar Land Rover, could face the brunt… Read More ›
German foreign minister calls for joint responsibility of EU states to prevent nationalism of single states
Frank-Walter Steinmeier has called for prevention of re-integrating Britain into the EU, if it decides to exit. Frank-Walter Steinmeier, Germany’s Foreign Minister, has been quoted today saying if Britain were to leave the EU bloc, the European Union must prevent… Read More ›
Pounds surges ahead of Britain’s referendum
The trend underpins growing investor sentiments that British voters are likely to vote for Britain staying within the EU. With opinion polls showing British voters swinging to opt to remain within the safe confines of the European Union in the… Read More ›
Ipsos Mori telephone poll shows 53% Britons opt for Brexit
The “Leave” movement is gaining momentum as the referendum date gets near. According to a telephone poll conducted by Ipsos MORI 53% of British voters are likely to opt to leave the European Union, in a referendum that is due… Read More ›
Kaspersky discovers xDedic, an e-bay like market for cybercriminals
Here criminals can buy attack tools for as little as $6. Attack /Defence tools against government organisation cost only $15. Security experts have stated that there are markets on the darknet which act like eBay in which black hat hackers… Read More ›
Betfair predicts 62% YES vote in Brexit referendum
The keyword here is ‘implied probability’. According to Betfair, betting odds indicate an implied probability that 62% of British citizens will vote to stay within the European Union. According to Betfair, this implied probability fell to nearly 55% yesterday, however… Read More ›
ECB working with Bank of England to increase market liquidity
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 ›
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 ›