USA : Nuclear Arsenal Costs Rising
The nonpartisan Congressional Budget Office (CBO) projects that current plans to sustain and upgrade U.S. nuclear forces will cost $400 billion over the next...
Saudi Arabia : the Water is the New Gold
Top Saudi businessmen have expressed support for the Saudi government’s project to determine the cost of investment in the water sector as well as...
Peugeot Reaches Deal to Buy European Brands From General Motors
The owner of Peugeot and Citroën is close to completing a deal with General Motors to buy its European car brands Vauxhall and Opel.
Groupe...
Saudi Aramco and Malaysian Petronas sign historic deal
KUALA LUMPUR: In a major move to boost cooperation in oil sector, Saudi Aramco signed an agreement with Malaysia’s national oil company Petronas here...
Saudi Aramco to invest $7 bln in Malaysian oil refinery
KUALA LUMPUR: Malaysia’s Prime Minister Najib Razak announced on Monday that Saudi Arabia’s state oil company Saudi Aramco will invest $7 billion into an...
Germany, France & Italy call for UK to pay multibillion-euro Brexit
A number of EU states, including Germany, Italy, France and the Czech Republic have expressed their approval for the European Commission’s plan to demand...
Hawala : money-transfer without banks
What is Hawala?
The word "Hawala" means trust.
Its is an alternative or parallel remittance system, which works outside the circle of banks and formal financial...
Mighty Five countries set to replace China as the workshops of...
Low-cost manufacturing played a huge role in making China the second largest economy in the world by 2010, compared to the ninth largest in...
Medio Oriente : boom dell’e-commerce
Il mondo dell'e-commerce mediorientale sta emergendo e inizia a giocare un ruolo più che eccezionale sul mercato globale
Si sa che la regione MENA (Medio...
Kyrgyzstan’s central bank wants every citizen to diversify into gold
Gold is one of the most fascinating of all rare metals. Throughout all history it has been given a special, at times sacred or...
REPORT : Stop Immoral Drug Price Increases
First, it was Valeant Pharmaceuticals and its 300% and 700% price hikes on two crucial heart medications.
Then, it was Turing Pharmaceuticals and its 5,455%...
REPORT : Switching Debt to Francs Would Cost France Dearly
Should France ditch the single currency under a president Le Pen, redenominating nearly 2 trillion euros of government bonds in "new francs" could be...
Japan’s Banks : Deposit Rates Hit 0.00%
Two of Japan’s biggest banks are now paying almost nothing to look after their customers’ savings.
The average rate that Mitsubishi UFJ Financial Group Inc....
GERMANY: Gold reserves reimpatriate – Expects splash of the euro
Berlin is bringing home its gold reserves stored in New York, London and Paris faster than scheduled, Germany’s central bank said Thursday.
The move is...
Bitcoin : China holds closed-door meetings with exchanges
China’s central bank is holding a closed-door meeting with several domestic bitcoin exchanges on Wednesday, people familiar with the matter said, heightening concerns that...
