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US Sanctions 3 North Korean Hacking Groups Responsible For Global Cyber Attacks

Three North Korean hacking groups have been identified by the United States to have been behind the "WannaCry" ransomware attacks as well as involved in the hacking of international banks and customer accounts and the US Treasury announced sanctions on the hacking groups on Friday.   The...

Argentina Appeals To Extend Terms Of Private And IMF Debt

Amidst an increased business confidence over financial health of the country fueled by enhanced political tensions before the general elections in October, Argentina is planning to seek an extension of the terms for the private debt and the debt from the International Monetary Fund (IMF), the...

Balanced Budget Or Aggressive Spending To Boost Economy, The Dilemma For Australia

Four years ago, the Prime Minister of Australia had warned that the country was heading towards “a Greek-style economic future”. He was referring to the economic policies that had been undertaken under the previous Labor government.   In 2013, the federal government’s budget deficit was 3...

Saudi Arabia To Allow US Troops To On Its Soil To Boost Regional Security

The Saudi Arabia will allow security forces from the United States to set up base in the country in order to increase the security and stability of the Middle Eastern country. The kingdom’s state news agency (SPA) reported on Friday that the approval was given by Saudi Arabia’s King Salman....

United Europe Needed To Salvage Iran Deal: EU Leaders

While European leaders get together to seek resolution paths for revival of the Iran nuclear deal and trying to bring the United States and Iran on to the negotiating table, the United Kingdom has warned that there is but a just a small window left to revive the deal.   Ever since US...

Cyber-Attack On Iranian Weapons Systems Launched By US

After the decision of the United States president Donald Trump to pull out of a planned military attack on Iran, it has been reported that the US launched a cyber-attack on Iranian weapons systems. According to a report by the Washington Post, computer systems controlling rocket and missile...

Land defense industry: Europe on the back foot

The European defense industry is tackling mounting competition from new players on the global market, which previously represented little or no threat. With this new market consolidation phase, Europe is realizing that its fragmented market lacks rationalization and is exposed to the new...

Cyberterrorism: the electronic banking system at risk

Once hailed for the increased financial security it would provide, the digital revolution is now showing its dark side, with a new and potent form of digital threat. Across the world, increases in fraud are alarming consumers and leaving law-enforcement agencies faced with a task they are...

New Draft Law In China For IP Right Protection & Banning Forced Tech Transfer

China is set to address one of the key demands on trade by the United States – which was one of the reasons for the trade war, by accelerating a lawmaking process that would draft a new legislation for the protection of intellectual property rights of foreign investors and encouraging voluntary...

Trade War Main Risk In Next 6 Months For Asian Businesses: New Survey

A Thomson Reuters/INSEAD survey noted a very cautious optimism within Asian companies for the last quarter of the current year as they closely watch the outcome of the trade negotiations between the US and China during the 90 day truce opt the trade war.   In the October-December quarter the...

South Korea Trying To Insulate Itself From US-China Trade War

Despite the temporary 90 day truce, the ongoing trade war between the United States and China has created a sense of uneasiness and uncertainty among Asian nations.     South Korea is one country that is attempting to undertake measures to avoid it being caught up in the trade war...

Study Blames Global Warming For Vanishing Snow In Switzerland

According to a report from the University of Geneva which was based on a study that made use of a new tool called the Swiss Data Cube that global warming could probably be the reason for the vanishing snow in Switzerland.   The report found that those areas in the country that were known to...
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