US troops to remain in South Korea even if peace treaty signed with North – Moon
May03

US troops to remain in South Korea even if peace treaty signed with North – Moon

South Korean President Moon Jae-in said on Wednesday that US troops will remain on the peninsula even if a peace agreement with the North is reached, saying their presence has “nothing to do with signing peace treaties.” “US troops stationed in South Korea are an issue regarding the alliance between South Korea and the United States. It has nothing to do with signing peace treaties,” Moon’s spokesperson Kim Eui-kyeom said at a press...

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Don’t invest like Donald Trump: Warren Buffett’s advice to students
Apr16

Don’t invest like Donald Trump: Warren Buffett’s advice to students

The world’s third-wealthiest person, Warren Buffett, was not impressed by US President Donald Trump’s investing strategy in his Q&A session with students in 1991. He predicted the failure of Trump’s casino business. According to a document revealed by CNBC, when a Notre Dame University student asked Buffett about Trump’s casino business, the investor was not very enthusiastic about it. “Where did Donald Trump go wrong?The...

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Saudi Arabia to invest in Branson’s Virgin as part of plan to reshape kingdom’s economy
Apr11

Saudi Arabia to invest in Branson’s Virgin as part of plan to reshape kingdom’s economy

Striving to diversify its oil-dependent economy, Saudi Arabia is turning to innovative and emerging technologies, bringing huge investment to projects developed by one of the world’s richest men, Richard Branson. At the end of last year, Saudi Arabia’s sovereign wealth fund reportedly made financial arrangements to invest over $1 billion in Virgin Group’s space companies.The step is reportedly pending regulatory approval from the...

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80+ injured as violent clashes erupt across Catalonia after ex-leader Puigdemont’s arrest (VIDEOS)
Mar26

80+ injured as violent clashes erupt across Catalonia after ex-leader Puigdemont’s arrest (VIDEOS)

Over 80 people have been injured in clashes with riot police in Barcelona and elsewhere across Catalonia, as angry protesters denounced the arrest of former separatist leader Carles Puigdemont in Germany earlier on Sunday. Armed with batons, riot police officers faced-off with an angry crowd as they attempted to prevent the protesters from marching on the office of the central Spanish government’s representative in Barcelona. Police...

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New petro-backed cryptocurrency set to increase competition in global oil markets
Mar13

New petro-backed cryptocurrency set to increase competition in global oil markets

A New York capital management company is set to break new ground on commodity investments by launching a new cryptocurrency, backed entirely by proven oil reserves. Investment and holding company Signal Capital Management announced March 12 that it would launch the PetroDollar (XPD), a cryptocurrency backed by oil reserves, natural gas, and similar commodities. It also boasts to be the “world’s first globally compliant” digital...

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