The new coalition government in Germany intends to bring in 400,000 competent foreign workers per year to address a demographic imbalance as well as labor shortages in key industries that might jeopardize the country’s recovery from the coronavirus outbreak. “The… Read More ›
Geopolitics
Russia could attack Ukraine on very short notice: U.S. Secretary of State Antony Blinken
In a significant development U.S. Secretary of State Antony Blinken has warned that Russia could launch an attack on Ukraine at “very short notice”. Blinken made the comments on his arrived in Kyiv in a diplomatic push towards defuse tensions… Read More ›
China failed to meet Phase 1 purchase commitments, yoo early to withdraw US tariffs on Chinese goods: Biden
In a statement U.S. President Joe Biden said, it was too early to make any commitments on lifting U.S. tariffs on Chinese goods, while USTR Katherine Tai said she was working on the issue. “I’d like to be able to be… Read More ›
US Mobile Companies Agree To Implement A Further Deal In 5G Deployment At Airports
AT&T and Verizon, two major US wireless carriers, have agreed to delay the launch of their new 5G service at some airports. The C-band service, which provides faster speeds and more coverage, was supposed to go live tomorrow. However, airlines… Read More ›
More Expats Could Leave Hong Kong Due To Tough Covid Laws, Reveals Survey
According to a key business group, more than 40 per cent of its members are considering leaving Hong Kong because of the city’s draconian coronavirus regulations. Border closures, according to the American Chamber of Commerce in Hong Kong, are a… Read More ›
US gave $200M in additional defensive security assistance to Ukraine
On Wednesday, in a statement a senior official from the US State Department said, the U.S. government had approved $200 million in additional defensive security assistance to Ukraine in December 2021. “We are committed to Ukraine’s sovereignty and territorial integrity… Read More ›
Britain supplying anti-tank weapons to Ukraine
In a statement Britain said, it has begun supplying anti-tank weapons to Ukraine to help defend itself from a potential invasion. The development comes in the wake of Russia amassing troops near the Ukrainian border. Western countries fear Russia is… Read More ›
India’s Near Term Growth Expected To Be Hit By Third Wave Of Covid-19 Infections
Even though the overall economic impact of the third wave of Covid-19 infections is expected to be less disruptive than prior waves, some economists foresee weaker growth in the short term for the Indian economy. In a January 9 note, Citi economists Samiran Chakraborty… Read More ›
US looking at contingency plans for gas supply to Europe, on the back of Russia-Ukraine tensions
In a significant development the Biden government has held talks with several international energy companies on putting in place contingency plans for supplying natural gas to Europe in the event gas supplies to Europe are disrupted because of Russian and… Read More ›
UK And India Begin Negotiations On A Possible Free Trade Agreement
Representatives of the Indian and British government ended the first day of discussions over a potential free trade agreement in New Delhi. The goal is to sign a deal before the end of the year that will increase trade and… Read More ›