Topics Archive

Trump legal shake-up

Mark Corallo, the spokesman for US President Donald Trump's personal legal team, has resigned. The President’s legal counsel is reportedly looking to discredit the team leading the investigation.…

Germany benefits off Greek debt crisis

Since the beginning of the 2009 , Germany has cashed in approximately €1.3 billion due to the Greek financial crisis. This is a result of the loans it has provided Greece as well as its debt…

Corruption crackdown in China

More than 210,000 Chinese officials have been punished on charges of corruption in the first half of 2017. The Central Commission for Discipline Inspection (CCDI), the Chinese corruption watchdog,…

AlphaBay, Hansa shut down

Two of the largest marketplaces in the “dark web”, Alphabay and Hansa, have been shut down. The shutdown was a joint effort by the US Department of Justice and Europol. The two marketplaces served…

The 14th President of India

Ram Nath Kovind, the candidate nominated by the NDA government, will be the next President of India. He beat the opposition pick, Meira Kumar by getting 65% of the votes. Dr Rajendra Prasad was the…

US-China trade talks - strained

US and China have just concluded their trade talks, which has been at best termed as tepid. The two sides could not arrive at a consensus of bridging the US$ 347 billion trade deficit currently in…

The great divergence

The most important transformation of recent decades has been the declining fortunes of the high-income countries in global economic activity. Affluent countries of the 19th and early 20th centuries…

The fall in terror attacks

The US State Department released its annual, ‘Country Reports on Terrorism 2016’, on Wednesday. This provides the State Department an annual assessment of trends and events in international terrorism…

Lithium, the new gold

In a world to be largely powered by lithium, the Alkali metal is likely to become one of the most valuable commodities on the planet. Lithium is the lightest solid element placed third in the…

US on the rise

Bank of America, a multinational banking and financial services corporation, has reported a strong quarterly profit. This is in trend with yet another US corporation, Lockheed Martin, that has also…

Hossein Fereydoun hospitalised

The brother and close advisor of Iranian President Hassan Rouhani was transferred to a hospital during his second day of detention, according to reports on Iranian news sites. Hossein Fereydoun, is…

Brexit & the divorce

The European Union is willing to “stall” negotiations with the UK over Brexit if the latter does not present proposals for calculating the U.K.’s financial obligations. According the Guardian, tense…

What’s next for NAFTA

United States has outlined its plans for the re-negotiation for the North American Free Trade Agreement (NAFTA). Its main agenda will be to reduce the trade deficit with Canada and Mexico. The 18-…

Millions of diesel cars recalled

At least 3 million Mercedes Benz diesel cars and vans across Europe will be recalled over concerns of emission standards. The German car manufacturer Daimler has asked owners to update a software…

Undisclosed Trump-Putin meeting

During the G-20 Summit, US President Donald Trump and Russian President Vladimir Putin had an hour-long meeting, that was previously undisclosed. The conversation, as confirmed later by the White…

US health care bill fails

The US Senate’s Health Care bill, drafted as a replacement for Obamacare, has collapsed. The bill was part of the Republican agenda of repealing and replacing the health care system enforced during…

California extends “Cap and Trade” plan

On 17th July 2017, Democrats and Republicans set aside their differences to vote for the extension of “Cap and Trade” plan in California Legislature. With 55-21 votes in favor of plan which would…

Fake news behind Gulf crisis?

The United Arab Emirates (UAE) was behind the hacking of Qatari government and news sites. A report by the Washington Post has cited US intelligence officials, who are now convinced that Abu Dhabi…

The future of Venezuela

7.2 million people in Venezuela have voted against the Nicolás Maduro Moros’s plan to change the constitution in an unofficial referendum. It had been organized by the opposition. The country has…

Ivanka Trump’s business under fire

Products made by Ivanka Trump’s eponymous brand are not made in America. With the current White House administration strongly espousing its “Make in America” policy, the daughter of the US President…