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Swiss banks - Ideal Place for Black Money

Whenever there a fraud in our country, we often hear about  SWISS BANKS and also our government tells us many times to bring back the Black Money from the SWISS BANKS .  So, what makes Swiss banks different from other Banks?, and why convicted Rich people overwhelmingly prefer Swiss banks as an idle destination for hiding their Black Money. SWISS BANKS ARE IDEAL FOR BLACK MONEY. ⦁  THE BANKING LAW OF SWITZERLAND. Account Details are not disclosed to anyone. As per the Banking Law of  Switzerland , the  bank  officials are  not  allowed  to  reveal  the  official name  and  other   personal   details  of the  Accountholders  to anyone without the  official permission  of the  Government , they are  revealed   only  on the   special   instructions  from the  Swiss  Court and the court passes such  instruct...

Reasons for Fall in Crude Oil Price in the World

    The Crude Oil prices have crashed drastically in the World a few months before the price of Crude Oil was $60 per barrel and now it has crashed to $20 per barrel . So, What is the reason behind this uncertain fall in the price of Crude Oil? Fall in price of Crude Oil.         The main reason behind this is the Oil price War between three powerful countries in the World namely Russia, Saudi Arabia and the United States of America . So, what exactly is this price war? And how will it benefit the other nations in the World?     First of all, let us understand a small basic economic concept that most of us already know that the price of anything or any commodity depends upon the Demand and Supply . If the Demand is more and the Supply is less then the price will inflate and vice versa. The same concept goes with the Oil if the Demand is less and the Supply is more then the price will fall. Now, the top three oil-producing countri...

Positive Effects of Coronavirus on the Environment

Positive Effects of Coronavirus on the Environment Mumbai due to a reduction in pollution levels. The Novel  Coronavirus  has been a disaster for the entire  World , took lives of  several  people, lead to thousands of Job  Losses , destroyed  several  families from around the  World , various developing Economies have come to a halt because of the Lockdown situation, businesses are suffering Enormous monetary l osses , there been a huge fall in the price of crude oil , it's like a Bad Dream, but as we say every negative  side  has its own positive  side .   Coronavirus  has  been  a  blessing  in  disguise  for our Environment, and we all are  witnessing  the drastic change in our  surroundings , the Sky has actually turned blue, the air has  become  cleaner and similar  news reports  are pouring in from the Worldwide.  So  let...