Despite a pickup in activity in all western countries except the UK, the global economy’s recent recovery may not last, the International Monetary Fund has said. By the booming markets and policymakers needed to guard against complacency, there was a… Read More ›
China has countered the U.S. trade move by saying they are not in synch with existing WTO rules. On Thursday, Gao Feng, the spokesperson from China Ministry of Commerce, stated that the trade rules created by the European Union against… Read More ›
Here’s how the Trump Administration protectionism could impact the North American economy as a whole. Here’s how protectionism is relevant in an increasingly inter-connected world economy. According to Business leaders attending the U.S. – Mexico CEO conference whose agenda focuses… Read More ›
Pensioners and retail customers suffering the biggest financial crisis of their lifetimes could be the result of an unruly end to monetary stimulus from global central banks, warned the CEO of a U.K.-based wealth management firm. Bond markets will be… Read More ›
An Asian consumer has been increasingly spending money in the U.K. capital of London and its is not the Chinese even though there had been an influx of Chinese tourists to London during the China’s recent Golden Week Holiday. According… Read More ›
Theft of intellectual property has been a touchy issue with Beijing: with allegations that it forces companies to hand over intellectual property as a price of doing business in the country to outright theft of software and ideas from U.S…. Read More ›
The $56 billion swap deal is South Korea’s largest ever currency swap deal, accounting for nearly 45% of its swap arrangements. The deal is likely to cement economic ties and act as an additional layer of a safety net. A… Read More ›
It seems Visa has become tired of waiting. After years of slow but steady decline of cash payments, and more years of lobbying to get governments to end the circulation of cash to no avail, Visa has decided to change… Read More ›
U.S. President Donald Trump has bene forced to pour more cash into the properties to cover the shortfall at his Scottish golf resorts after the property faced mounting losses last year. According to accounts filed in the U.K., while revenue… Read More ›
Christine Lagarde, managing director of the International Monetary Fund is of the view that business regulations need to be cut, immigration policies need to be overhauled, investment need to be made in infrastructure programs and tax system needs to be reformed in the United… Read More ›
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