News

Note: This section contains information in English only.
Sun, 23 Dec 2018 11:20:39 GMT

Norwegians wellbeing continue growing

According to the Statistics Norway, Norwegians' total gross wealth last year increased by 9.1%, reaching $1,145B, amid surging housing prices and stock market.

Sun, 23 Dec 2018 11:16:02 GMT

Morocco remains outside ECOWAS

In result of the Economic Community of West African States (ECOWAS) summit held in Abuja, Morocco's application to join the organisation remained pending.

Sun, 23 Dec 2018 10:20:02 GMT

Schröder comments US attempts to sabotage Nord Stream 2

The former German Chancellor Gerhard Schröder stated on Sunday that attempts of the US to stop construction of the Nord Stream 2 were related to ambitions to supply its own gas to Europe.

Sun, 23 Dec 2018 10:15:08 GMT

Ireland's Lane warns about bad loans

The Governor of Ireland's Central Bank Philip Lane stated on Sunday sub-prime loans held on balance of commercial banks possessed systemic risk for the country's financial system.

Sun, 23 Dec 2018 08:00:26 GMT

Trump cancels Florida visit

The spokeswoman of the US President Donald Trump announced on Sunday that the President will not travel to Florida for Christmas.

Sun, 23 Dec 2018 07:59:55 GMT

Cuban Constitution referendum angers intellectuals

As Cuban lawmakers have approved the draft of the new country's constitution, it is still set to be voted upon in a referendum. Meanwhile, Reuters reported that the intellectuals of the country are protesting the referendum, stating that it is a too complicated matter for a popular vote.

Sun, 23 Dec 2018 07:28:26 GMT

US Envoy against ISIS quits

As the US President Donald Trump has decided upon pulling out US troops from Syria, the special envoy against ISIS Brett McGurk has resigned from his post.

Sun, 23 Dec 2018 07:28:01 GMT

Japanese Emperor draws record crowds for birthday

A year before abdicating the Emperor Akihito has gathered a record crowd consisting of at least 75,000 well wishing citizens that paid respects on his birthday.

Sun, 23 Dec 2018 05:40:53 GMT

Japanese court keeps Nissan chairman detained

On Sunday, a Japanese court announced that it is extending the detention of the ousted Nissan Motor Company chairman for additional ten days.

Sun, 23 Dec 2018 05:40:25 GMT

Trump is unlikely set to fire Jerome Powell

On Saturday, the financial media sources, which previously revealed the information about Donald Trump discussing the firing of Jerome Powell, have backtracked their statements and announced that most likely the US President will not act against the head of the Federal Reserve.

Sun, 23 Dec 2018 05:32:46 GMT

Mnuchin comments on Trump and Powell

On Saturday, the Treasury Secretary of the United States Steven Mnuchin announced that the US President has not been suggested by anyone to fire the head of the Fed.

Sun, 23 Dec 2018 05:32:03 GMT

Judge approves CVS offer on Aetna

A federal US judge has allowed the CVS Health Corp acquisition of the health insurer Aetna. The judge ruled that Aetna will have to independently make their own decisions in regards to personnel, pricing and products.

Sun, 23 Dec 2018 03:41:10 GMT

Cuba legitimizes private enterprise

On Saturday, the legislators of Cuba approved a new constitution draft. The main outtake from the update is that the country will legitimize private business, which has sprung up in the country over the last decade.

Sun, 23 Dec 2018 03:41:03 GMT

New Cuban constitution sets rules for head of state

The new constitution of Cuba, which was approved on Saturday, has set a term and age limit on the country's presidency. In addition, Cubans intends to introduce a position of Prime Minister.

Sun, 23 Dec 2018 03:21:04 GMT

Cuban legislators approve new constitution

On Saturday, Cuban lawmakers approved unanimously the revised draft of an updated constitution. The constitution intends to update the country's one-party system by opening it socio-economically.

Sun, 23 Dec 2018 03:20:33 GMT

Scale of US government shutdown is revealed

On Sunday, it was revealed that the US government shutdown will affect nearly 15% of the federal workforce. This proportion of workers is expected to work without pay or will not report to work at all.

Sat, 22 Dec 2018 21:34:03 GMT

US Senate meeting ends with no result

On Saturday evening, the US Senate held a meeting on which results it failed to stop government shutdown. Therefore, the next session will be held on Thursday.

Sat, 22 Dec 2018 21:30:04 GMT

Qatar supports Sudanese government

On Saturday, the Emir of Qatar Sheikh Tamim bin Hamad Al Thani expressed support to the Sudanese President Omar al-Bashir amid anti-government protests.

Sat, 22 Dec 2018 20:28:02 GMT

Paddy Ashdown dies aged 77

The former leader of the UK Liberal Democrats, Paddy Ashdown, died at the age of 77, the party reported on Saturday evening.

Sat, 22 Dec 2018 20:25:18 GMT

US to allocate $5B for border security

According to the White House official, the US President Donald Trump plans to direct nearly $5B for southern border security, including construction of physical fences.

Sat, 22 Dec 2018 19:28:43 GMT

Trump says government shutdown might be long

The US President Donald Trump stated on Saturday that negotiations with Democrats over the country's budget were continuing, yet it could be quite lengthy process.

Sat, 22 Dec 2018 19:25:55 GMT

Weidmann slams EU agreement with Italy

The President of Bundesbank Jens Weidmann stated on Saturday agreement reached between the EU and Italy over next year budget lowers Brussels ability to pressure members of the Euro Zone.

Sat, 22 Dec 2018 16:45:27 GMT

Volkswagen will list its truck business

In an interview on Saturday the CFO of Volkswagen revealed that despite major losses suffered due to the diesel scandal the company will still list its truck business in 2019.

Sat, 22 Dec 2018 16:45:09 GMT

Volkswagen reveals total diesel scandal costs

On Saturday, the Chief Financial Officer of Volkswagen revealed in an interview that since 2015 the car making group has suffered lost more than 27 billion Euros due to lawsuits.

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