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Daily G.K. - Top Stories

04 Jul 2016

INTERNATIONAL AFFAIRS

Iran Won't Coordinate with the US

  • According to Ayatollah Ali Khamenei, Iran will never coordinate with the United States in Syria and other regional conflicts.
  • Iran won’t coordinate with the US where the main objective of the US is to stop Iran's presence in the region.
  • Americans are still engaged in hostility against the nation of Iran.
  • Iran complains it has not benefited from the nuclear deal since it came into force in January, with international banks still fearful of doing business with Tehran due to remaining US sanctions.
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BUSINESS AND ECONOMY

India Slips on Money in Swiss Banks

  • India has slipped to 75th place in terms of money held by its citizens with banks in Switzerland.
  • India was placed at 61st place last year, while it used to among top-50 countries in terms of holdings in Swiss banks till 2007.
  • The UK remains on top with about CHF 350 billion or almost 25% of the total foreign money with Swiss banks.
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SPORTS

Euro 2016

  • France advanced into the semis of Euro 2016 defeating Iceland in the quarter-finals of the tournament.
  • France will now take on Germany in the semi-finals.
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