In a study aimed at putting the nail in the coffin of the perception that a low-carbon economy would be costly, the study concluded that moving to renewable energy sources could significantly boost the global economy. According to the results… Read More ›
Economy & Finance
Brussels sticks to planned standstill plan over Britain’s demand for broad access to EU banking
Brussels will consider Britain’s request only after the transition period which ends at the end of 2020. As per a senior official from Germany’s finance ministry, the European Union is unlikely to widen the access to its financial markets after… Read More ›
SUV & pickup trucks drive U.S. auto sales in August
Ford and Toyota, the second and the third largest automaker in the U.S. have reported a surge in SUV and pickup truck sales. Ford Motor Co, the second biggest automaker in the United States, has reported an almost 4.1% rise… Read More ›
How 5 Emerging Economies Are Being Affected By Recent Rumbles In Emerging Market
The currencies of the emerging economies are being battered – from Argentina’s peso to Turkey’s lira. This year however the emerging economies have been sent into a turmoil and a number of global issues including increasing US Fed rates, political… Read More ›
Reuters poll place chances of hard Brexit at 25%
The poll makes an interesting read on the possibilities facing Britain after March 2019. According to the results of a Reuters poll, there is a 25% chance that Britain will leave the European Union in March 2019 without a Brexit… Read More ›
Britain has a backup plan for a Cliffhanger Brexit
As per Philip Rycroft, Permanent Secretary at the Department for Exiting the European Union (DExEU) Britain’s has provided for such a possibility. On Tuesday, as per the senior most official in Britain’s Brexit ministry, he is confident that plans are… Read More ›
Venezuela begins pilot initiative for subsidized gasoline for border areas
The initiative is aimed at curbing rampant smuggling of gasoline, which are the lowest in the world. On Tuesday, Venezuela is set to start the implementation of a new payment system for its heavily subsidized gasoline in border areas as… Read More ›
Trump Tariffs Force Ford To Cancel Import Of China-Made Vehicle Into US
The 25 per cent tariff on Chinese vehicle imports implemented by the Trump administration has forced U.S. automaker Ford Motor to cancel its plan of importing the new Focus Active crossover model being manufactured in its Chinese plants. “We have… Read More ›
The Film Crazy Rich Asians Inadvertently Highlights Asia’s Inequality
The number of super rich in Asia is the focus of the film Crazy Rich Asians that hit the box office this month. This is clearly reflected in any of the shopping malls in Singapore – the place of the… Read More ›
China Says Trade War With US Can’t Be Solved Due To US’s ‘Hard Lines’
The trade dispute between the United States and China would not be solved by the hardline trade war stance that has been taken by Washington, said China’s commerce ministry on Thursday. The ministry expressed its displeasure with comments from US… Read More ›