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Ukraine Crisis: Russia’s Foreign Currency Ratings Cut
Standard & Poor’s Financial Services LLC, an American financial services company, has cut Russia’s foreign currency ratings on Friday. The company cut both long- and short-term foreign currency ratings, to BBB-/A-3 from BBB/A-2 and said that further downgrades were possible if the West imposed tighter sanctions against Moscow in response to the crisis in Ukraine. […]
Israel Backs Out Of Peace Talks after Hamas-Fatah Deal
Israel has backed off from the already staggering U.S led peace negotiations after the Palestinian groups Hamas, which controls the Gaza Strip and Palestinian President Mahmoud Abbas’ Fatah movement which governs parts of the West Bank, on Wednesday, announced their decision to cooperate for forming a coalition government for both regions, by holding elections later […]
CIA Uses Modern Art as a Weapon in the Cold War
The Central Intelligence Agency (CIA) used American modern art as a weapon in the cold war. CIA encouraged and supported American Abstract Expressionist painting around the world for more than 20 years; but in a covertly manner due to the fear of public hostility. The existence of this strategy has been confirmed for the first […]
Swiss Immigration: Final Results Show 50.3% Back Quotas
Amidst increasing debate across Europe about migration and the impact of free movement of people, Swiss voters narrowly supported a referendum proposal to bring back strict quotas for immigration from the European Union countries. According to the final results, 50.3 % voted in favor. The vote invalidates the Swiss-EU agreement on freedom of movement. Switzerland […]
Russian Winter Games Underway
Russia’s Winter Olympics 2014 commenced on Friday with a grandiose opening ceremony unveiled by the President Vladimir Putin before forty thousand spectators. The magnificent ceremony comprised of cartoon-style inflatable domes, ballroom dancing amid towering imperial columns, and giant avant-garde shapes hovering above symbols of revolution and upheaval in a spectacular sweep through Russian history. “I […]
Pope John Paul II’s Dairy Reveals a Man Pained by Doubts
The private diaries of John Paul II written over four decades were published on Wednesday, February 5 in Poland, his native land. The book, 640 pages in hardcover, is being published in Polish by Znak, a Krakow publishing house. The collection of his personal notes provide an insight into the life of a person who […]
Rare Ottoman Archives Feared Lost in Fire
Some of the most important historical records of central Europe in the 20th century are feared lost, after an incidence of fire at the state archives of Bosnia-Herzegovina in Sarajevo. The archive contains documents from 1878 to 1918 when the Austro-Hungarian ministry of finance was in charge of Bosnia. It also contains older material from […]
India Art Fair Records Strong Sales
The sixth edition of the India Art Fair, which features India’s modern as well as contemporary art, reported strong sales. The fair was open to public from Thursday, January 30 to Sunday, February 2 and showcased art forms including painting, sculptures, digital art, photography installations and performance art. Spanning over a 200, 000 square feet […]
Judges Who Research Cases Online To Face Jail
Jurors who research cases on the internet will face up to two years in prison under a new offence. The law was unveiled by the Justice Secretary Chris Grayling as part of a new Criminal Justice and Courts Bill and has been prompted by the concern that modern technology is posing an increasing threat to […]
Morsi Charged With Spying and Committing Terror Acts
Ousted Egyptian President Mohammed Morsi faced charges of espionage and committing acts of terror in Egypt on Sunday. A third trial is due as former Islamist president of the country faces four prosecutions. Morsi was brought to Cairo’s police academy on Sunday morning by helicopter from the Burj al-Arab prison where he is being held. […]
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