JNN 30 Mar 2015 Berlin : The first fully operational Islamic bank is set to open in Germany this summer, German media reports. Continue reading
Tag Archives: European Union
Nearly all Mosques Destroyed by Christian terrorists in CAR
JNN 22 Mar 2015 Bangui : Almost all of the 436 mosques in the Central African Republic (CAR) have been destroyed by months of deadly sectarian violence. Continue reading
Euro Falls to 9 year Low, amidst Greece uncertainty over exit from EU
JNN 16 Jan 2015 Brussels : The euro fell to $1.1861, its weakest level since 2006 on the back of uncertainty over Greece’s position within the single currency. A strong dollar and expectations that the European Central Bank will beef up its stimulus program have also not helped. Continue reading
Moscow May Ban European Airlines to Fly over Russian Air Space , In Retaliation to EU Sanctions Imposed
JNN 8 Aug 2014 Moscow : Russian Prime Minister Dmitry Medvedev threatened on Tuesday to retaliate for the grounding of a subsidiary of national airline Aeroflot because of EU sanctions, with one newspaper reporting that European flights to Asia over Siberia could be banned. Continue reading
Corruption By European Union Citizens Costs USD162 Bln each year: Report
JNN 03 Feb 2014 BRUSSELS — The European Commission on Monday unveiled the European Union’s first anti-corruption report, saying corruption costs the European economy around 120 billion euros (162 billion U.S. dollars) per year. Continue reading
Russia Saves Ukraine from Default and Bankruptcy
JNN 20 Dec 2013 Keiv : The agreement with Russia for cheaper gas and a promise to buy a large portion of Ukrainian debt saved the country from economic and social collapse, Ukrainian Prime Minister Mykola Azarov said on Wednesday. Continue reading
30M Slaves in this Modern WorldWide ,while 880.000 people in Europe are slave laborers
JNN 18 Oct 2013 Brussels : A report by an international foundation on modern slavery has revealed that nearly 30 million people are enslaved across the globe. Around 880.000 people in the EU are slave laborers, and more than a quarter of them are being exploited sexually, Continue reading
Iran Condemns the EU Decision to Declare the Hezbollah’s Military Wing as a Terror Group
JNN 24 July 2013 Brussels : The European Union placed the military wing of the Lebanese resistance movement Hezbollah on its terror list on Monday in a major change of its policy toward the region. Iran Condemns EU decision to Black list Hezbollah . Continue reading
As the Greece jobless rate Hit 30%, Citizens bound to put Kids in Orphanages
JNN 24 June 2013 Athens : A report says that a large number of Greek children have been put in orphanages and care homes due to economic meltdown in the recession-hit country. As the Greece’s unemployment rate will climb to over 30 percent in 2014 as the European country is struggling with a crippling recession. Continue reading
EU worries over the Growing Number of European Terrorists returning back to their Home after their Mission in Syria
JNN 10 June 2013 Brussels : The European Union’s interior ministers have convened in Luxembourg to address the emerging threat of the European militants who return from Syria after gaining experience in the ongoing fight against the Syrian government. Continue reading
EU on the Brink of Break up and Revolution , as the Youth Unemployment Grows
JNN 01 June 2013 Brussels : German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, and dropping the continent’s welfare model in favour of tougher U.S. standards would spark a revolution. Continue reading
Rockets fired from Syria falls in Israeli occupied Golan Heights, EU concerned about Israeli aggression
JNN 08 May 2013 Damascus : Two rockets fired from Syria have exploded inside the Israeli-occupied Golan Heights, but there have been no immediate reports of damage or casualties. Continue reading
€23 billion Rescue Package finalized for Cyprus , State Gold Sold , Rich will Pay the Price
JNN 13 Apr 2013 Nocosia : The EU has reportedly approved a multibillion-euro bailout for Cyprus in a bid to save the country’s collapsing economy. Continue reading
Eurozone unemployment hits all-time high: 19 million out of work
JNN 03 Apr 2013 Brussels : Eurozone unemployment levels have hit 12 percent – the highest in the history of eurozone record-keeping, since the currency was launched in 1999. Continue reading
Iran’s Export of Oil and Cars increasing , Despite Unilateral Economic Sanctions by US & EU
JNN 07 Mar 2013 Tehran : Iran exported about 50,000cars and 56,000tons of gasoline , which is valued at about US$ 300Million in the first eleven months of the Iranian Calendar ,which shows the increase in its exports of both the items , despite the Unilateral sanctions imposed by the US and the European Union. Continue reading
Economic Collapse of Spain Pushes Jobless Rate to 26.02% , it starts Break up as Catalonia declares Sovereignty
JNN 24 Jan 2013 Barcelona : Official data indicate that Spain’s unemployment rate hit a record high of 26.02 percent in the final quarter of 2012 as the country continues to grapple with economic problems. While the Economic Melt Down has further causing Divisions in Spain as the Catalan Region Parliament have approved the declaration of State of Sovereignty , which is the First Step towards the Independence of the Catalan Region from Spain . Continue reading
US trade deficit widens 16% to hit $48.7 billion, While US Govt will default on its debt by March
JNN 12 Jan 2013 Washington D.C : US Commerce Department says the country’s trade deficit widened by 16 percent to reach USD48.7 billion in November 2012 after a rise in the imports of consumer goods. While A new official report predicts that US government will default on its debt before March 2013. Continue reading
Greece on the verge of Bankruptcy , credit rating down graded from ‘CCC’ to ‘selective default’
JNN 06 Dec 2012 Athens : Standard & Poor’s (S&P) ratings agency has downgraded Greece’s already junk-level debt rating to “selective default” after the debt-ridden country launched an operation to buy back bonds at well below their face value. Continue reading
Greece on the verge of Bankruptcy , credit rating down graded from ‘CCC’ to 'selective default'
JNN 06 Dec 2012 Athens : Standard & Poor’s (S&P) ratings agency has downgraded Greece’s already junk-level debt rating to “selective default” after the debt-ridden country launched an operation to buy back bonds at well below their face value. Continue reading
Recessions & Un Employement Deepening As a Result Demos, Strikes sweep Europe
JNN 17 Nov 2012 MADRID/LISBON – Police and protesters clashed in Spain and Italy on Wednesday as millions of workers went on strike across Europe to protest against spending cuts they say have made the economic crisis worse. Continue reading
US Trying to engage Iran on 1 to 1 Basis, As Iran threatens to Use Oil as a weapon , with out Iranian Oil World Economy may Crash
JNN 29 Oct 2012 TEHRAN – The White House says it is prepared to talk one-on-one with Tehran to find a diplomatic settlement to the impasse over Iran’s nuclear program, but there’s no agreement now to meet, the Associated Press reported on Sunday. Continue reading
19 Iranian Channels taken Off Air By Intelsat on US order
JNN 22 Oct 2012 Brussels : The International Telecommunications Satellite Organization (Intelsat) has taken a number of Iranian channels off the air in Europe based on an order by the United States. Continue reading
Copy Right Free EU – EU parliamentary committee calls for 'sharing without intellectual property rights'
JNN 04 Oct 2012 Brussels : The ability to make and share content without having intellectual property rights may become reality if the EU parliamentary Committee on International Trade (INTA) continues following the lead of a pirate in its ranks. Continue reading
Copy Right Free EU – EU parliamentary committee calls for ‘sharing without intellectual property rights’
JNN 04 Oct 2012 Brussels : The ability to make and share content without having intellectual property rights may become reality if the EU parliamentary Committee on International Trade (INTA) continues following the lead of a pirate in its ranks. Continue reading
Eurozone’s unemployment at record high amid debt crisis , Italian unemployment reached 13-year high in June
JNN 02 Aug 2012 Rome : The number of people unemployed across the 17 countries that share the euro currency has hit a record high in June, official figures show. While Italy has been Among the worst hit, the Italian youth have been hit hard as joblessness among the people aged 15 to 24 stood at 34.3 percent in June. Continue reading
Russia re claiming its Might, reopens its naval bases in Soviet-era ally countries, firm on Backing Bashar Al Asad’s Syrian Govt.
JNN 29 July 2012 Moscow : Russia is planning to expand its military muscles in some of Moscow’s soviet-era ally countries including the Latin American country of Cuba, Asian country of Vietnam and the Indian Ocean island of Seychelles. Plus The Russian Foreign Ministry says Moscow will not allow the European Union to inspect ships sailing under the Russian flag, and that it will not cooperate with a new round of EU sanctions imposed against Syria. Continue reading
Syrian Air Defence System Shoots down Turkish Air force Jet in violation of Territorial Sovereignty
JNN 26 June 2012 DAMASCUS – The Syrian Air Defence System has shot down a Turkish Air Force Jet violating its Airspace . Syrian Foreign Ministry spokesman Jihad Makdessi says that the recent downing of a Turkish military aircraft was a defensive act. Continue reading
Despite Sanctions by EU & US, Irani Black Gold Turns into 24K Gold
JNN 24 Jan 2012 Tehran : Despite fresh EU sanctions against Iran’s oil exports,India has agreed to pay the price of crude oil it imports from Iran in gold, which makes it the first country to drop the US dollar for purchasing the Iranian oil. China has shown interest in Iran’s oil with hiring at least two supertankers to ship oil from the country. Continue reading
EU loses its credit rating due to recession and Poor Economic conditions
JNN 14 Jan 2012 : EU’s Economic Affairs Commissioner Olli Rehn has criticized Standard & Poor’s (S&P) for downgrading the credit ratings of nine eurozone countries. Continue reading
Ban on Iranian Oil , A Billionare Zionist Lobby once again try to create a Economic disaster By Energy crisis
JNN 8th Jan 2012 : Oil prices could spiral out of control and potentially herald deeper economic hardship for Europe if the European Union joins the U.S. in banning Iranian oil imports, analysts warned. Continue reading
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