The sharp fall in China's stock market is one of the most debated topics today, and at the moment, it is the most dangerous event for the global economy. No one can say for sure when the situation will stabilize, but there is a doubtless risks of worsening. The biggest danger is that the drop in...

Scientists at the Lawrence Berkeley National Laboratory have published a study which shows that electric cars are not just cost effective, they are good for the environment as well. Although a fleet of self-driving taxis zigzagging the cityscape seems like a distant dream from the near future,...

For Europe, the main topic of today is Greece, but there are also problems in other peripheral countries. If the Greek crisis starts to unravel, then they will suffer first. Portugal may be the first in the queue. Several years ago, the authorities were forced to take austerity measures. As a...

At the point when Barack Obama went to Berlin two years back, he enchanted a city. A huge number of individuals cheered in the late spring daylight as he displayed his informal side before the Brandenburg Gate. Evident correlations can be seen just by going fifty years back in time. At around that...

David Cameron shares his views on the Greek elections, attempts of arriving at a new treaty with Greece and the wave of reformation that’s rising from that corner of the world. B.B.C News reports that, as per David Cameron, the British voters, demanding a reform, are not going to acknowledge...

China has put on the robe of facilitator by hosting the “signing ceremony” of AIIB, namely the Asian Infrastructure Investment Bank. It is yet another “international” institute of finance like its peers Asian Development Bank and the World Bank. In a function, delegates from fifty nations gathered...

BRICS countries (Brazil, Russia, India, China and South Africa) have signed an agreement, which regulates the conditions for mutual support of member countries in the framework of an agreement on conditional pool of foreign exchange reserves. This is stated in the report of the Central Bank. - July...

With Greek’s finance minister - Yanis Varoufakis- quitting his job, the scenario for a last minute negotiation is a distant possibility. Just as Greek exiting the Eurozone is. Come what may, the citizens of Greece are an unrepentant lot. Yanis Varoufakis, Greece’s finance minister, who infuriated...

Greek banks are shut and will stay close for the week. Be that as it may, money machines have been reported as functional and towards the evening Greeks were making the most out of them. Greece chose Sunday to close banks and confine money withdrawals after the European Central Bank chose not to...