Author Archives
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A Sluggish Global Economy Could Get Even Worse Due To Trade Conflicts, IMF Says
The latest outlook from the International Monetary Fund about the prospect of the global economy states that growth in the world economy is still sluggish and a bouncing back of it is not assured even in 2020. That forecast was… Read More ›
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Alibaba To Allow Small US Businesses To Sell On Its Platform Providing Them Global Reach
Smaller businesses and companies in the United States would now be allowed to use the Alibaba.com e-commerce platform, the Chinese e-commerce giant Alibaba Group Holdings Ltd has announced. Analysts view this measure by Alibaba to be an effort by it… Read More ›
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With A 93% Tariff, US Wines Are The Hardest Hit In The US-China Trade War
The current rate of taxation on American wine – post the latest retaliatory tariff imposed by China on United States products is as high as 93 per cent. This extremely high rate of import tariff has put the product out… Read More ›
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Shares Jump By Upto 500% At Nasdaq-Style Chinese Market
A new stock exchange in China’s Changhai which has been developed on the style of the United States’ exchange Nasdaq saw shares on the exchange shoot up by as much as 500 per cent. Analysts see this as a clear… Read More ›
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Iran-UK Tensions Rise Over Tanker Seizures
Following the seizure of a British-flagged oil tanker by Iran, tensions between the United Kingdom and Iran has flared up with Iran Tehran warning London not to escalate the situation. The UK had called the seizure as being a “hostile”… Read More ›
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UK Warns Iran Of Treading “Dangerous Path’ Over Tanker Seizure
The decision of Iran to seize a British-flagged tanker in the Gulf is pushing the country towards a “dangerous path” of “illegal and destabilising” behavior, said the British foreign secretary commenting on the incident. The seized tanker is called Stena… Read More ›
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After Retail Business, Hong Kong Protests Is Hitting Luxury Business
In recent months, a string of protests by common citizens of Hong Kong has not only created political tensions in the city, it has also hit business – especially those in the luxury segment. The latest luxury brand in a… Read More ›
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Slowing Economy Forces IEA To Cut Down 2019 Oil Demand Forecast: Reuters
The slowing down of the global economy, partially because of the trade war between the United States and China has forced the International Energy Agency (IEA) to bring down its oil demand forecast for 2019 The executive director of the… Read More ›
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Britain’s OBR Predicts A Recession For The Country For A No-Deal Brexit
The British government’s independent forecasting body – the Office for Budget Responsibility (OBR) has warned that there would be a recession in the country, with 2 per cent shrinkage in the economy, if there is a no-deal Brexit. It has… Read More ›
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Electric Car Models To Increase By Three Time In Europe By 2021
According to the predictions of a European environmental lobby group, by 2021, the number of models of electric cars that would be available to consumers across Europe would growth by three times. The group said that the acceptance of electric… Read More ›