With Theresa May’s government advancing the date by when she intends on triggering Brexit talks, clearly she has a strategy in mind and is keeping her cards very close to her chest. While her flamboyant Brexit minister generates enough noise… Read More ›
Economy & Finance
Clarity required on how Britain will access EU’s single bloc market – Bank of England
As per the Deputy Governor of the Bank of England, the lack of clarity on how Theresa May’s government plans on accessing EU’s single market bloc could have serious consequences for Britain’s famed financial district.
VW dismisses EU Lab test results
Although lab tests by the European Commission’s Joint Research Center show that Audi models have spewed out toxic gasses almost double than the permissible limit, VW has trashed the report saying, the tests did not factor in key parameters, including… Read More ›
China flexes economic muscles, reminds Trump of its economic might
Beijing is stating rather bluntly that resetting ties with Taiwan has an economic cost attached. In a tit-for-tat move, Beijing’s China Daily newspaper has quoted a senior state planning official as saying the country will soon slap a penalty on… Read More ›
Google makes in-roads in Cuba
In a move that has geo-economic and geo-political implications, the parent of search engine giant Google Inc. has expanded its footprint in the Americas by signing a deal with the Cuban government which allows improved internet access to Cuban citizens… Read More ›
Qatar sovereign fund to invest $10 billion in U.S. infrastructure projects
It is yet to be clarified whether this sum is in addition to Qatar’s $35 billion earlier commitment. Qatar’s sovereign wealth fund has disclosed that it will be investing upto $10 billion in infrastructure projects in the United States. This… Read More ›
Airbus could finalise the sale of 17 jets to IranAir within 2 weeks
The urgency with which Iran is hoping to import the jets before the May 2017 presidential elections show that the issue is likely to be used to boost Iranian President Hassan Rouhani’s image as a pragmatist. Iran’s flag carrier, IranAir… Read More ›
A 10-Year Global Arms Race Set to be Driven by India and China
According to a new report released by IHS Markit, set to drive stronger defense spending over the next decade are emerging global powers China and India. Annual defense budgets should return to pre-financial crisis levels by 2018 even as global… Read More ›
The World is being flooded with Super-Cheap Airfares by Chinese Airlines
Chinese airlines are delivering a hammer blow to foreign carriers trying to keep up by flooding the world with some of the lowest long-haul fares ever seen. Many operators are feeling the squeeze from the extended reach of mainland Chinese… Read More ›
U.S. Defence industry could face federal cuts under Donald Trump
Federal cuts in the expansive U.S. defence industry is likely to affect many U.S. factory jobs. The U.S. Defence industry has come, yet again, under intense attack with U.S. President-elect Donald Trump coming down hard on Lockheed Martin Corp for… Read More ›