South Korea to impose measures to reign in runaway speculation in Bitcoin

Among the measures South Korea will take is baning the anonymous opening of cryptocurrency accounts; the measures will also have legislative backing. On Thursday, the South Korean government said, it will impose additional restrictions in order to reign in wild speculation in Bitcoin, a cryptocurrency, that is being traded within the country. “The government had…

Major Crisis Faced By Israeli Pharmaceutical Giant Teva, Strong Reactions To Huge Layoff Announcement

Israeli pharmaceutical firm Teva is attempting to prevent a complete collapse and in that effort, will fire about 25 per cent of its workforce globally, which amounts to about 14,000 workers. During the next two years, about 1,700 workers are anticipated to be fired in in Israel alone. For Israel, this cut would be the…

Companies Made Vulnerable To Cyber Hacker Attacks Due To Lack Of Adequate Cyber Security Professionals

There have bene allegations that the there is a shortage of adequate staffing in the cybersecurity sector which has left many companies exposed and vulnerable to cyber attacks by hackers. Now cyber security professionals say that there is requirement for better education and improved apprentice schemes for people engaged in cybersecurity jobs. While there were…

U.S. Rubbing On The Jerusalem Vote At The UN Results In It Cutting Its UN Budget By $285 Million

Responding to the UN vote to accept the proposal for identifying Jerusalem as the capital of Israel, the US government has decided to reduce its commitment to the United Nations for the two years of 2018 and 2019, Washington announced recently. U.S. president Donald Trump had decided to recognize Jerusalem as the capital of Israel…