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Saudi Arabia may face cash crunch after 5 years
The indications are strong such that mighty Middle East (ME) region also may not sustain cheaper oil prices for long. If oil price continues to hover at $50 per barrel, the majority of Gulf nations will run out of cash in the next five years, according to International Monetary Fund (IMF). There's no exception to Saudi Arabia, the leader of Organization of Petroleum Exporting Countries (Opec), Oman and Bahrain. The oil price drop is expected to pull $350bn out of the ME region this year alone. The current account deficit of Saudi Arabia may touch 20 percent of its GDP this year.
Self-lacing shoes from Back to the Future comes alive
Nike prepares to launch shoes from future, as portrayed on a classic sci-fi action movie, Back to the Future. After securing the patent for its self-lacing shoes, the shoes will be ready to enter the market in the near future.
Playstation VR Price News: Retail Store Now Getting Preorders
An Italian game and console shop has released an ad showing that they are now receiving pre-orders for Playstation VR at €499.90. It is unconfirmed if this move is coordinated in any way with Sony.
Android 6.0 Marshmallow enables the usage of MiscroSD card as an internal storage
Android 6.0 Marshmallow enables the usage of MiscroSD card as internal storage. The option appears upon the insertion of the card on the phone for the first time.




