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FATF released report on Money Laundering & Terrorist Financing

The Paris-based Financial Action Task Force (FATF) released an international report on money laundering and terrorist financing. Objective: To identify the Money Laundering and Terrorist Financing (ML/TF) vulnerabilities and risks of the “diamond pipeline” that covers all sectors in the ..

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Lativa becomes the 18th state to join the Eurozone

The Baltic nation, Latvia joined the Euro Zone, with the expectation that the euro will lower its borrowing costs and encourage investors by eliminating currency risk. It became the 18th member of the European Union, which uses the Euro as ..

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UTIP Study: Kolkata ranked top in public transport among Indian cities

As per a study conducted by the International Association of Public Transport (UTIP), Kolkata (31) ranked top in the public transport among Indian cities. The other cities studied by the UTIP are Mumbai (41), Chennai (54), Hyderabad (55), Bangalore (65) ..

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Nobel physics Prize 2013 goes to Englert and Higgs

The Nobel Prize in physics has been announced to be given to physicists Francois Englert of Belgium and Peter Higgs of Britain for their theoretical discoveries on how subatomic particles acquire mass. What is the special contribution of Englert and ..

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EM-DAT data: Surge in natural disasters linked to population density

As per a recent study report released by the Asian Development Bank (ADB), an increase in people living in perilous conditions, poverty, environmental degradation and climate change have been rendering India vulnerable to intense disasters. These conditions that lead to ..

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Prince Philippe is Belgium’s 7th King

Belgium’s King Albert after a 20-year reign stepped down the throne which has been overtaken by his son Philippe who took the oath before parliament to become Belgium’s seventh king at the royal palace in the presence of Prime Minister ..

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