The nine percent decline in gold prices last Monday was the biggest one-day drop in over three decades as it went down by $140.30. The price of gold has been declining ever since August 2011, when it reached its peak of around $1,900. The current price of gold went down to $1,361 after this recent […]
Taliban militants targeted more than secular politician in Pakistan but managed to kill only one after they issued threats where they said they will attack all secular groups in the upcoming elections scheduled on the 11th of May. Pakistan’s three main secular parties, who formed the coalition government that ran the country since the 2008 […]
Admiral Sam Locklear, the US Pacific Command commander, revealed that the US has the capability of responding to a North Korean missile launch against the United States. He also indicated that the recent tension is at its highest level ever since an armistice was declared between the two countries in the Korean peninsula. Officials in […]
The funeral for the recently departed former PM, will apparently be held next week on the 17th of April. Thatcher was 87 years old when she passed away this Monday, after several strokes. The funeral will take place at London’s St Paul’s Cathedral after the procession will take place in Westminster. While Lady Thatcher won’t […]
The company that acquired Chrysler LLC, Cerberus Capital Management, is set to purchase a good volume of securities that are linked to commercial mortgages, sources have indicated. The private-equity company operating hedge funds revealed to investors the increasing use of debt in the market for commercial real estate. However, it appears that it is among […]
Foreigners working in South Korea were given a warning by North Korea that they may be caught in the middle of a war if they continue to stay in the country. The recent announcement by the state-run media is the latest warning given by the North following its earlier advice that it cannot guarantee the […]
Anonymous, the part hacker, part activist group has announced that it has been busy hacking North Korea’s social networking. The group which is known for intervening in many social causes, especially ones where freedom is being suppressed has issued a number of warnings since North Korea’s threats and war scares have intensified. They have started […]
In the latest twist of events at the Korean Peninsula, North Korea has blocked access into the Kaesong Industrial Park , which located north of the demilitarized zone. The latest move by Pyongyang signaled the intensification of the tension between the two countries in the peninsula. The deputy foreign minister of China met with the […]
Following the call of Kim Jong-un for the expansion of the nuclear arsenal of North Korea, the atomic energy agency of the North announced that it will restart its nuclear reactor and increase its uranium enrichment efforts. The 5-megawatt reactor at the main nuclear complex in Yongbyon was the main source of fuel of the […]
The ownership of businesses, which were previously owned by Merrill Lynch, in Monaco, Luxembourg, Uruguay, and Chile have been transferred already by the Julius Baer Gruppe AG (VTX:BAER). This comes as the company integrates the wealth management businesses that the company acquired from the US-based bank. The transfers are expected to increase the business of […]
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