While its peers in advanced economies have registered double digit growth, Britain has much to do to catch up with them. Clouds on the horizon are however clearing following increased clarity on how Brexit would impact its future trade relationship… Read More ›
Economy & Finance
IMF Says Short-Term Global Economic Surge Would Be Witnessed By Trump Tax Cuts
There is anticipated short term growth in the global economy – primarily for 2018 and 2019, according to the International Monetary Fund (IMF), primarily due to the corporate tax cuts by Donald Trump which is expected to provide a shot… Read More ›
Multiple Cryptocurrencies To Be Rated For The First Time By A U.S. Rating Agency
Letter grades on cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, Monero, Bitcoin Gold and many others would be issued by Weiss Ratings which is a leading independent rating agency in the United… Read More ›
Bipartisan bill introduced aimed at toughening rules for foreign investment in the U.S.
The bipartisan bill will strengthen the reach of CFIUS while strengthening U.S national security and preserving U.S. open investment policy. The Trump Administration has lent its weight to a bipartisan bill making its round in the U.S. Congress, which is… Read More ›
Boeing completes flight tests of 787-10 with Rolls Royce engine
While Boeing’s 787-10 Dreamliner jet has a seating capacity of around 330 and has a shorter mile range, Airbus SE’s A350-900 has a seating capacity of 325 but has a longer range. Boeing is scheduled to make its first delivery… Read More ›
TPP-11 to sign trade pact in March
11 countries, barring the United States, are set to sign the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTTP) in Chile in March. Japan’s Kyodo news agency stated, citing a Japanese source, that following the decision by the U.S. President… Read More ›
Benefits from tax-cuts are likely to be short-lived
Economists opine that the 3 projected hikes in interest rates this year by the Feds could potentially offset the short term benefits of these tax cuts, which could in turn dampen the United States’ economic growth. A poll conducted by… Read More ›
An outlook on how the imposition of steep tariffs on washers and the solar industry is likely to play out in the U.S.
The imposition of these tariffs are in line with Trump’s ‘Make in America’ push and could significantly effect its skewed trade balance with China. With U.S. President Donald Trump slapping steep tariffs on solar panels and on imported washing machines,… Read More ›
Wal-Mart exploring a major sale of its Brazilian operations: sources
Having incurred operating losses over several years in a row, Wal-Mart is looking to cash out but still maintain a foothold in Brazil. As per two sources with direct knowledge of the matter at hand, Wal-Mart Stores Inc is holding… Read More ›
Intentional Slowdown Of Older iPhones Could Be Disabled By Users In Next Software Update: Tim Cook
Apple iPhone users would have the opportunity soon to chose not to be part of the attempt of Apple to intentionally slow down the performance of the smartphone as the company apologizes for the slowdowns of older iPhones. Apple had… Read More ›