GCC’s economic future
The International Monetary Fund has warned that a protected impasse between the GCC members could negatively affect the region’s economy.…
The price of oil – Impact
The price of oil rose to its highest since mid-2015. Brent crude futures LCOc1 were up 59 cents at $61.53…
India is more business-friendly
India has jumped 30 spots and has been ranked 100 in World Ease of Doing Business index for 2018. This…
Eurozone on the rise
The Eurozone grew by 0.6% in the three months to September 2017. This is above the expectations set by analysts.…
Betting on solar
In October 2017, State Bank of India, sanctioned loans worth $357 million to seven companies for installations of solar rooftops…
The spy drone
A research facility in Inner Mongolia has successfully tested an experimental drone at an altitude of 25km. China is developing…
Shock to the equity market?
The International Monetary Fund has warned that exotic financial products connected to equity volatility are creating unknown risks and could…
Petro-Yuan’s future
According to reports, China, is set to roll out a yuan-denominated oil contract as early as this year. This could…
Banking on Indian economy
In October 2017, Indian government announced a capital infusion plan of $32.43 billion into public sector banks over the next…
China’s tunnel vision
China is testing techniques that could be used to build a 1,000km tunnel to carry water from Tibet to Xinjiang.…
Crusader against genocide
Patrick Desbois, a French priest has been awarded the Lantos Foundation’s Human Rights Prize. He has been recognized for his…
Violence in Kenya
Violence erupted during the Presidential elections held in Kenya on October 26th, 2017. This is the second time in three…
Change the culture
The Royal Bank of Scotland has agreed to pay $44 million as a settlement for an ongoing US criminal investigation.…
North Korean Juche
In a bid to become more self-reliant, North Korea is reportedly developing facilities to scale up its production of algae.…
The tech boom
Alphabet has reported better-than-expected earnings beating out predictions on share per price and earnings. Tech giant Amazon has also reported…