Author Archives
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Surprise Rate Hike By Turkish Central Bank, Currency Rallies
Just a few before the presidential and parliamentary elections in Turkey, the country’s central bank announced a sharp rise in the primary interest rate aimed at reigning in the rising rates of inflation and to stabilize the currency lira. The… Read More ›
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EU To Impose Tariffs On US Imports From July
The retaliatory import tariffs that has been announced to be imposed by the European Union on goods from the United States would be implemented from next month. The list of goods include a range of products from Harley-Davidson motorbikes to… Read More ›
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Europe Is Dependent On Gas From Russia For Its Energy Needs
It is hard for Europe to dump Russia despite its desires to do so. Vienna gave a warm welcome to Russia President Vladimir Putin on the occasion of the 50th anniversary of Austria becoming the first western country that agreed… Read More ›
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Mexico To Slap Tariffs On US Goods Worth $3 Billion: Minister
The tariffs that Mexico is planning to impose on American products would be worth $3 billion and would include goods from a number of sectors, said the country’s Economy Minister Ildefonso Guajardo on Tuesday. “The value of the impact will… Read More ›
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World’s Longest Flight To Be Started By Singapore Airlines Again
The longest non-stop commercial flight between Singapore and New York would be started by Singapore Airlines from October 11, 2018. The approximate duration of the flight would be 18 hours and 45 minutes. The new Airbus A350-900ULR (ultra-long-range) aircraft would… Read More ›
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EU Says US Playing A “Dangerous Game” By Imposing Tariffs
According to the European Union’s trade commissioner Cecilia Malmstrom, the slapping of tariffs on European steel and aluminum is a “dangerous game” that the US is playing. The economic recovery of the EU would be negatively impacted by the move… Read More ›
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Sugar Substitutes Market To Touch $19.1 Billion By 2024: Grand View Research
A new report by Grand View Research, Inc estimates that the global sugar substitutes market size would reach a total value of $19.1 billion by 2024 at a rate of growth of 4.2% CAGR. The drivers for the estimated growth during the… Read More ›
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Saudi Crown Prince Mohammed Bin Salman Warned By Al-Qaeda For His Reforms
Saudi Arabia’s Crown Prince who has initiated a spree of social and economic reforms in the kingdom has been warned for his “sinful projects” by Al-Qaeda in the Arabian Peninsula. The warning was published in a bulletin released on Friday. Some… Read More ›
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Challenges To Modi’s Divestment Drive Exposed As Air India Sale Finds No Bidders
The challenges that are faced by India in setting right the government funded and debt-ridden airline Air India through sell off became evident after the government did not manage to find a single buyer by the end of the deadline… Read More ›
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Why Global Investors Are Worried About The Italy Political Crisis
Global investors are apparently freaked out by the political crisis in Italy. There were demands by investors for higher returns against them taking on Italian government debt even as there was a downslide in the global markets on Tuesday. There… Read More ›
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