Six world powers are arguing with Iran over its nuclear program. On Thursday, an ex-United Nations nuclear officer told that the agreement which is being argued will be a challenge the U. N. to put an end on the increase of nuclear arms.

The discussions in Geneva were held because of request made by Iran's chief negotiator.

China and the European Union will start discussions related to a landmark agreement. The main aim of the agreement is to increase investment and also to deal with difficult matters related with market-access. This was declared by the two sides in a summit meeting that was held on Thursday.

As per recent reports, it has been unveiled that yen has declined to its weakest in four months when compared with dollar.

The yen has declined by 0.8% to 100.79 per dollar. Experts were of the view that the decline is the biggest one since July 19. When compared to euro, the yen was found to have declined by 0.5% to 135.09 per euro.

According to a latest report, Austria's European Union's measure of inflation has declined for the fifth successive month in October. These statistics were revealed by the data released by Statistics Austria. This data about the inflation was revealed on Friday.

According to a latest report, Maria Fekhter, who is the current Austrian Minister of Finance, exclaimed her days as the Austrian finance minister were going to be over. A

According to sources, if the statement of the Finance Minster falls true, then it will be a great loss, as Maria is a straight forward politician, who has given plenty of blunt public comments and stood for right things.

According to a new report, under the Basel III standards, the BAWAG PSK expects to have a capital ratio of at least 9% of risk-weighted assets by the end of this year. The BAWAG PSK is an Austrian bank majority, which is owned by Cerberus Capital Management.

Hypo Alpe Adria, nationalized lender, is stuck in financial crisis. It has been said that by the time November ends, Hypo will not be having minimum capital requirements in state funds.

This situation has been adding pressure on Austria's two political parties to agree for forming a coalition. The Social Democrats (SPO) and People's Party (OVP) are trying to come up with a new government.

It sounds good for all the plane travelers, as the emirates new airport celebrate the arrival of their first commercial flight. Al Maktoum International Airport is located in Jebel Ali and is part the Dubai World Central. It is expected to be titled as the world's largest airport, after its completion.