Author: Debaparna

Vladimir Putin has clearly shown his no-regrets attitude regarding the Ukraine war while discussing the dominance of the West on Thursday. He said the present circumstances can bring a necessity for planning as well as play down the nuclear standoff in the case of the West’s dominance. Source: Hindustan Times  Putin’s talk on West Dominance Putin has added a common litany of grievances in the time of responding to Western opponents. He also said that the dominance of the West has incited a huge number of world affairs. This seems to come to an end as per Putin as he…

Historical guilty pleas of two companies, multinational construction conglomerate Lafarge S.A., and its Syrian subsidiary Lafarge cement Syria S.A had committed a corporate crime in 2013 and 2014. In agreement with the defendants, the total penalty of 77.778 crore needs to be paid by the two companies for conspiring to provide materials support to foreign terrorist organizations i.e. the Islamic State of Iraq and al-sham better known as ISIS and Al Nushra Front or ANF. The operation and conviction of Lafarge On Tuesday, in a U.S. court, the cement maker of France, Lafarge has been pleaded guilty to a charge…

Credit Suisse has asked for at least one sovereign wealth fund from the Middle East. In this case, some funds are scrutinizing the scandal-hit businesses of Swiss Bank adhering to capital injections inserted as potential investment scopes and opportunities. As the anticipated essential restructuring is required for Credit Suisse, prominent analysts are searching for the numbers on the impactful assertion of capital for the bank as well as suggestions most necessarily to plug the gap with the best fit. Source: Bloomberg Top Bank’s actions and reactions As per the present understanding of Credit Suisse, Abu Dhabi along with Saudi Arabia…

eu-court-demand-reason-for-banning-religious-signs

In a recent tweet, Tesla CEO Elon Musk expressed his “super app” plan for buying Twitter to make it an everything app for all. Creating “X” is a pre-planned thing for Elon Musk, as depicted by his tweet. His fascination with the letter “X” has been prominent, from calling his son to naming his creation of the company for buying Twitter, which is “X Holdings”. Source: Reuters Tesla CEO Elon Musk with his “Super App” thing The concept of a “Super App” for Elon Musk is to work for everything like messaging, video chats, streaming, as well as payments for…

A historic development in Social Security benefits in 40 years, changing the future for the payroll taxpayers and retirees by an 8.7% boost from next year. Ukraine war, pandemic, and inflation, causing a measurable impact have been reflected by the Social Security administration’s decision, which will be deducted by maintaining a higher cost of living. Source: AFGE Current understanding of Social Security benefits 70 million Americans are going to see a boost in Social Security benefits by more than $140 additionally, each month, starting from January 2024. As per the estimates configured by the Administration of social security, If the…

As European Union (EU) states have been struggling with policies of a gas price cap, Russia’s president Vladimir Putin blamed Europe for the energy crisis on Wednesday at the International Forum of Russian Energy Week in Moscow. While Germany said the response of less oil there along with adequate supplies when Poland claimed to have a leak in the Druzhba pipeline. Source: CNBC As European Union (EU) states have been struggling with policies of a gas price cap, Russia’s president Vladimir Putin blamed Europe for the energy crisis, on Wednesday, at the International Forum of Russian Energy Week, in Moscow.…

Source: Down To Earth The Supreme Court (SC) of the U.S. spurned the bid for sealing the public release of historical records of same-sex marriages, on Tuesday. The video was about the landmark same-sex marriage watershed 2010 trial in California. The opponents asked SC to block the release, which came into power with a voter-approved ban in America’s most prestigious state. Justice for same-sex marriages through twists and turns A veteran lawyer, Christopher Dusseault, who fought through the case of unsealing video, marked his response on clearing the taboos and discrimination on same-sex unions by the SC’s order. The lawyer…

Source: Business Standard JP Morgan CEO Jamie Dimon notified the investors to support a potential economic ‘hurricane’. He said, Russian invasion of Ukraine, Runaway inflation and huge interest rate hikes, are the indicators. JPMorgan Chief Executive Dimon’s view on the upcoming recession JPMorgan Chase Chief Executive & President Jamie Dimon asserts his observations in a CNBC interview, this Monday. He testified, in the mid- 2024, the U.S. as well as the global economy might witness a recession spike.  The conveyance occured on “Annual Oversight of the Nation’s Largest Banks” placed in a hearing of Senate Banking, Housing, and Urban Affairs…