Indian stock markets have been bucking the trends of macro-economic indicators since the beginning of the pandemic last year. Despite the Indian economy shrinking at a record pace, Sensex and Nifty have attracted massive investments from foreign as well as domestic portfolio buyers over the past few months.
There has been a significant uptick in bitcoin’s popularity, with its price skyrocketing well over 300% over the past year, which has been marked by a severe health crisis and economic downturn.
After the US unilaterally pulled out of the 2015 nuclear deal with Iran, it was successfully able to pressure the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the Belgium-based bank wiring service, into cutting transactions with Iran even though Brussels was not party to the sanctions
Last year, Swiss authorities slapped sanctions on several senior Venezuelan officials which stipulate an entry and transit ban to Switzerland and a freeze on any assets held in the European country’s banks.
The massive Chinese automaker, who owns Swedish auto firm Volvo and nearly a tenth of Daimler, said it would work with Tencent to build next-generation smart car cockpits and autonomous vehicles.
Playing favourites with travellers who have received a COVID-19 vaccination – and a specific one at that – may prove to be a trend followed by many countries of the world whose economy is heavily based on tourism.
The Kremlin previously described the US threat of sanctions against the international pipeline project led by Russia’s Gazprom as a "blatant cowboy-like raid". Washington's sanctions against the pipeline were equally condemned in several European countries interested in its completion.
Labour shadow chancellor joined the conservative TaxPayers' Alliance and tax consultants at PricewaterhouseCoopers in attacking plans reportedly under consideration by the Treasury to scrap Council Tax and Stamp Duty and raise Corporation Tax.
The Tver Carriage Works (a part of Transmashholding) has delivered the final batch of passenger wagons to the Tulpar-Talgo Passenger Coach Manufacturing Plant in Kazakhstan, increasing the total number of cars delivered by 100.
The Trump administration blacklisted Huawei and other Chinese tech giants in 2019 as part of a broader trade war with Beijing, but has repeatedly issued exemptions to restrictions for US companies, including Intel and Microsoft, after the corporations expressed fears that they would face multi-billion dollar losses if trade was stopped completely.
In early 2019, after recognising Venezuelan opposition figure Juan Guaido as the country’s self-proclaimed president, Washington froze tens of billions of dollars in Venezuelan assets abroad, including those of state oil giant PDVSA. Caracas accused the US of plundering its wealth and of trying to overthrow the democratically-elected government.
The EU launched a long-term plan back in 2018 for the wider use of the euro in the global economy to "better protect citizens and companies against external shocks", rendering the international finance and monetary system more resilient.
The $9.5 billion gas pipeline infrastructure project is on course to being completed later this year, with German and Danish regulators recently giving the go-ahead for more pipelaying works in their waters, and a state in northeastern Germany setting up a special fund meant to help shield companies from extraterritorial sanctions.
The National Rifle Association (NRA), which is headquartered in Fairfax, Virginia, recently came under fire by the office of New York Attorney General Letitia James after an 18-month investigation revealed that the gun rights group was “fraught with fraud and abuse.”
US lawmakers have enacted two rounds of extra-territorial sanctions against the joint Russian-European energy project over the past two years, citing the alleged threat of excessive European dependence on Russian energy supplies. Moscow has countered by accusing Washington of pushing sanctions as an alternative to fair market competition.
Last Thursday, the parliament of the northeastern German state of Mecklenburg-Vorpommern voted to establish a special environmental foundation whose mandate includes the protection of participants of the Nord Stream 2 pipeline project from the extraterritorial US sanctions approved late last year.
BERLIN (Sputnik) - German energy company Uniper has not received any sanction threats from the United States over its participation in the Nord Stream 2 pipeline project for carrying Russian gas to Europe, Uniper CEO Andreas Schierenbeck told Reuters on Thursday.
The chief executive of one of the world's largest engineering firms made the comments at a major summit of global leaders, businesses, and professionals, where he said China was a major driving force behind numerous industries, including automotive and energy, amid the ongoing COVID-19 pandemic.
MOSCOW (Sputnik) - The coronavirus pandemic has resulted in increased global interest in the cryptocurrency market and propelled it to new heights, as the world economy remains largely volatile amid turbulent macroeconomic situation, Changpeng Zhao, the founder and CEO of Binance cryptocurrency exchange, said.
MOSCOW (Sputnik) - The UK Space Agency announced on Tuesday the launch of a collaboration with Rolls-Royce to study the potential of using nuclear technology to power rockets, especially in deep-space missions to farther planets like Mars.