Page-11 of Europe

6 key central banks in the world to make currency swap arrangements permanent

November 4, 2013

6 major central banks of the world to make their network of currency swap facility permanent. These banks will convert their temporary bilateral liquidity swap facility into standing facility that will remain permanent until further notice. The 6 central banks ..

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Google updates its search engine with 'Hummingbird'

October 2, 2013

Google has modified its Internet search engine to give better answers to the increasingly complex queries posed by Web surfers. The change has come as part of an update called “Hummingbird” that Google Inc. has gradually rolled out in the ..

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German polls: Angela Merkel victorious

October 2, 2013

Chancellor of Germany Angela Merkel won a third term by in German elections. Her conservative Union bloc – the Christian Democratic Union (CDU) and Bavarian Christian Social Union (CSU) won 41.5% of vote, but just missed an absolute majority.

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ECB keeps key rate unchanged at 0.5%

September 6, 2013

The 23-member governing council of European Central Bank has left its benchmark interest rate unaltered at a record low of 0.5%. The council said that the slowly recuperating eurozone economy didn’t need a further stimulus. The 17 European Union member countries ..

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Stage set to launch India's first defence satellite

August 30, 2013

India’s first defence satellite GSAT-7 dedicated to Navy for maritime security is now set for the launch. The home-built satellite will be crucial as it will overcome Navy’s previous limitations from line of sight and ionospheric effects and will have ..

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Intermixing of Population happened in India for 2,300 years

August 12, 2013

As per the scientists from the Hyderabad based Centre for Cellular and Molecular Biology (CCMB) and Harvard Medical School, Indian population was derived from two major ancestral populations Ancestral North Indians (ANI) and Ancestral South Indians (ASI) which don’t have ..

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Tension escalates between U.K.-Spain over Gibraltar

August 8, 2013

There is a sudden spike in the Anglo-Spanish conflict over Gibraltar as Spain has threatened to impose border charges and close airspace which can turn into a form of economic blockade of the peninsula. Where is Gibraltar? Gibraltar, less than ..

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EU barred funding settlements for Israel

July 31, 2013

European Union (EU) has issued an instruction that will bar all 28 member states from funding projects connected to Jewish settlements in the occupied territories, including annexed east Jerusalem. From 2014 the guiding principle adopted by the European Commision (EC) ..

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