Author Archives
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Theresa May’s Conservative Party plans on taking out Britain out of EU’s single market bloc
May plans on creating a ministry for trade tasked with the sole purpose of boosting bilateral trade relations with “old friends and new allies”. On Monday, Theresa May’s Conservative Party has presented its post-Brexit scenario of setting up a network… Read More ›
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Toshiba considering giving Broadcom Ltd exclusive negotiating rights for its chip business
Broadcom is likely to emerge as the winner in the bidding war for Toshiba’s chip manufacturing unit. Japan’s Asahi newspaper has reported that Toshiba Corp is considering giving U.S. chip manufacturer Broadcom Ltd exclusive rights to negotiate its prized chip… Read More ›
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United Arab Emirates, Saudi, Bahrain and Egypt sever ties with Qatar accusing it of terrorism
A split in between the members of the Gulf Cooperation Council will have serious repercussions around the Middle East. In an unprecedented development, the United Arab Emirates, Saudi Arabia, Bahrain and Egypt have accused Qatar of supporting terrorism and have… Read More ›
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Britain will have to have “difficult conversations” with Saudi Arabia and Gulf States: Jeremy Corbyn
The Labour Party is fast catching up with May’s Conservative party. Resuming his election campaign after the London terror attacks, Jeremy Corbyn, Britain’s opposition leader, has stated Britain will need to have “difficult conversations” with Saudi Arabia and other Gulf… Read More ›
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Goldman Sachs’s purchase of Venezuela’s “hunger bonds” come under fire
Goldman Sachs bought PDVSA’s oil bonds for pennies. As per a senior White House official, the Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government. The U.S. government stance may have… Read More ›
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The mirage of success in China’s “Belt and Road” initiative
The success painted by Beijing’s state owned media regarding its strategic Belt and Road initiative significantly differs from the reality of the situation. As part of its central “Belt and Road” strategy, China has created an international free trade zone… Read More ›
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Trump not likely to assert executive privilege for blocking Comey’s Testimony
The former director of the FBI is scheduled to testify before the Senate Intelligence Committee this coming Thursday. The New York Times has reported citing two senior officials in the Trump Administration who spoke on the condition of anonymity, U.S…. Read More ›
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The difference in the lead between the Conservatives and Labour has narrowed down to just 1 percentage point
Britain has just 4 days left for the June 8 elections. As per the results of a poll by Survation, the lead by British Prime Minister Theresa May’s Conservative Party’s lead has dropped to a new low of just one… Read More ›
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U.S. withdrawal from Paris Climate Agreement could lead to increased litigation and reduced FDI inflows to the U.S.
The investor-state dispute settlement (ISDS) has gained notoriety since it provides companies the means to sue governments in ad hoc arbitrations if they feel their rights have been abused through a change in the legal basis on which their investment… Read More ›
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Theresa May’s conservative party likely to appoint Amber Rudd as its finance minister
This scenario will come into play if May’s government wins a landslide victory in the June 8 elections. British news daily, The Telegraph has reported citing ministers who prefer the cover of anonymity, Prime Minister Theresa May could potentially replace… Read More ›