According to two studies, a “highly protectionist and isolationist stance” while revising NAFTA could significantly hit the U.S. auto industry in the form of decreased sales a job losses across North America. With U.S. President Donald Trump withdrawing from the… Read More ›
Economy & Finance
France bolsters investment and trade with the Pacific Alliance
Pacific Alliance, includes countries such as Mexico, Colombia and Peru, is a major exporter of raw materials, minerals and food. It has now opened its doors to more partners. With U.S. President Donald Trump taking a more regressive, protectionist stance… Read More ›
Brexit an opportunity in disguise
Rather than fracture and retreat, Brexit should be seen as a wake-up call. Taking Brexit on a positive note, the European Union Parliament’s chief Brexit negotiator stated that Britain’s decision to make a clean break with the EU is in… Read More ›
Donald Trump charters that U.S. out of the TPP
In an increasingly interconnected world, where countries across continents have come together to collaborate and knit closer ties, the move to focus, and concentrate economic resources and energies could turn out to be regressive. In a strategic shift, U.S. President… Read More ›
Threat of U.S. Cutting Oil Imports Shrugged Off by OPEC
Claiming that the world’s biggest economy would continue to need crude from abroad, OPEC’s two biggest suppliers to the U.S. shrugged off a vow by President Donald Trump to end dependence on the group’s oil. While the Venezuelan Energy and… Read More ›
Banks Moving Currency Overseas Clamped Down Upon by China
As they attack one of the few loopholes remaining in the country’s strict new capital controls regime, Chinese regulators are stamping out moves by banks to shift renminbi out of the country. The efforts of internationalising its currency — a… Read More ›
Scotland to vote for independence in two years – Alex Salmond
The Scottish proposal will add to the geopolitical dynamics and carries the pregnant ideas of independence for Northern Ireland as well as for the Republic of Ireland from the United Kingdom. With British Prime Minister taking a hardline on Brexit,… Read More ›
ECB Tells Critics to ‘Be Patient’, Maintains Stimulus
The president of the European Central Bank Mario Draghi, told critics of his stimulus path to be patient and wait for the euro zone’s recovery to take firm hold as the bank kept its super-easy monetary policy unchanged as expected…. Read More ›
IMF’s Christine Lagarde Tells Davos 2017 – Middle Classes in Crisis
As the head of the International Monetary Fund, Christine Lagarde, warned that inequality, distrust and a lack of hope were fuelling growing populism, she has called for urgent action to tackle a middle-class crisis. She had been ignored when she had… Read More ›
Britain’s “Hard Brexit” strategy could trigger independence of Scotland, Northern Ireland and the Republic of Ireland
Hammering out a swift trade deal with the U.S. promises to be the easy part, Brexit negotiations and dealing with its geopolitical fallout is likely to pose significant challenges to the United Kingdom. Britain’s Prime Minister, Theresa May has finally… Read More ›