The government of Mexico under its leftist president has taken up a populist anti corruption crusade. And this week end, government authorities are going to auction away dozens of luxury cars that have been seized from corrupt politicians and mobsters… Read More ›
There is no truce in sight for the acrimonious trade war between the United States and China. In the latest escalation to that trade war, the US Commerce Department blacklisted the Chinese telecom equipment making giant Huawei after US president… Read More ›
A survey of fintech specialists shows that by the end of the year, there would be an expected 22 per cent increase in the price of bitcoin compared to the current price. This would be driven by increased appeal for… Read More ›
Russia’s central bank lowers USD’s share from its foreign currency reserves citing external risks. Ksenia Yudayeva, the First Deputy Governor of Russia’s central bank stated, it has lowered the share of dollars in its reserves citing a potential rise in… Read More ›
While a decision to drive down crude inventories “gently” has been taken by consensus among OPEC and allied oil producers, Saudi Arabia would also be responsive to the demands of what is being described as a fragile market, said the… Read More ›
Ever since Trump re-clamped sanctions on Iran, tension in the gulf region has steadily heated up. Saudi Arabian Energy Minister Khalid al-Falih stated, although the recent attacks on its energy assets had put the security of oil supply at risk,… Read More ›
The International Monetary Fund is still very concerned about the trade war that is being ongoing between the United States and China. The Managing Director of the world body Christine Lagarde, told the international news agency Reuters during a visit… Read More ›
In the efforts of encourage the lawmakers of Mexico and Canada to quickly ratify the new North American trade deal, the U.S. will lift steel and aluminum tariffs on the two trade partners, said the United States President Donald Trump…. Read More ›
The anticipated softening of the global economy in the next few years would present an opportunity of significant growth for trade in pre-owned business jets which would surpass the deals in new plane deals by four-to-one. This prediction was made… Read More ›
The decision of whether or not to include the Chinese telecom giant Huawei in its construction of 5G network in the country would be taken by the United Kingdom and the decision would not be influenced by outside forces. The… Read More ›
