As an Air India flight from New Delhi landed at Ben Gurion Airport in Israel, history was made as this is the first time that a commercial flight has been allowed into Israel through Saudi Arabia as the Middle eastern country opened up its skies to Israel. A diplomatic shift for Riyadh was reflected by…
Although the U.S. action could result in a tit-for-tat trade war, its biggest impact would be the breakdown of supply chain of multinational giants, including Apple Inc and General Motors Co. The presidential memorandum signed by U.S. President Donald Trump, which targets up to $60 billion in Chinese goods, is the start of a long…
As the U.S. President Donald Trump is all set to announce his policy of more tariffs towards China, both Main Street and Wall Street prepare for a showdown between these two economies. Expectations It is expected that Trump would levy import tariffs on Chinese goods worth $60 billion annually which is just a bit more…
For people who wants to peacefully assemble and express their voice, Hong Kong is not the right place. According too the latest report by Amnesty International, that right of citizens is under threat there and is an indication that the human rights situation is worsening in Hong Kong. A hard line against protesters and activists…
The foreign policy of India is under the toughest test in recent years due to a political crisis in the Maldives which is better known for its picturesque travel destinations. Armed troops have been requested to be sent to the island nation from India by the former leader of the Muslim-majority nation that is under…
Since the time that global investor Prince Alwaleed bin Talal was released by Saudi authorities on Saturday last week, there has bene an increase of $1 billion in his personal wealth. There has ben a sharp rise in the shares of Kingdom Holding — Alwaleed’s firm that has sizable investments in companies like Apple, Twitter and Citigroup since he…
Davos does not want to call bitcoin a currency even though it agrees that it is an interesting. That is what Davos appears to be clear about when it comes to bitcoin. At this year’s World Economic Forum, bitcoin has become a major topic of discussion from being a tech industry curiosity because of the…
In 2018, the hottest emerging industries for startups and entrepreneurs would be cryptocurrency, cannabis, VR and “alternative travel”. This was revealed in a research report prepared by online graphic design marketplace 99designs and was released this week. The conclusion by 99designs was arrived at through a thorough comparison and analysis of the design projects that…
Time is running out for Saudi Arabia’s richest man. It was more than two months that the Saudi government arrested Prince Alwaleed bin Talal as part of its campaign to reduce corruption. According to London based Arabic news site Al-Arabv Al-Jadeed, Alwaleed was more to a prison – removing him from his restricted quarters at the…
North Korea has been provided an economic lifeline by Russian tankers who have, in recent months, shipped fuel to the rogue state at least three times. This was done by transferring of the fuel at sea. This was reveled in media reports quoting two senior Western European security sources. The sources also said that this…
