The euro zone economy put off a Covid-19 pandemic induced recession in the second quarter as it grew faster than expected with the easing of restrictions and curbs to stop the spreading of infections. However the inflation shot past… Read More ›
Geopolitics
Europe Inc Emerge From Pandemic Blues With Strong Results
A generally buoyant mood among European companies staging a turnaround from the coronavirus pandemic was reflected in the better than expected financial earnings as reported on Thursday by carmaker Volkswagen, plane maker Airbus and energy major Royal Dutch Shell. The… Read More ›
US could end up in a war in case of a major cyberattack: U.S. President Joe Biden
In a significant development U.S. President Joe Biden warned that Washington could end in a “real shooting war” with a “major power” in the event of a significant cyberattack on the United States. The warning comes in the wake of… Read More ›
70% Vaccination Target To Be Achieved By End Summer, Says EU
At least 70 per cent of the adult population of the European Union will get vaccinated by the end of summer as previously announced by the bloc since that very percentage of EU residents 18 years or older have received… Read More ›
EU Rejects UK’s Demand For Changes In Post-Brexit Deal On Northern Ireland
The European Union rejected a demand by Britain that the deal that was signed just about a year ago between the UK and the EU and one that oversees the problematic post-Brexit trade involving Northern Ireland should be rewritten. … Read More ›
IEA Says More Fossil Fuel Burning Required To Meet Growing Electricity Demand
A report published by the International Energy Agency (IEA) recently said that the growth rate in the demand for electricity globally was faster than the growth and roll out of renewable renewable energy capacity and therefore the gap will has… Read More ›
Persistence Of Northern Ireland Trade Issue Could Force British Grocers To Shift Supply Chains To EU
If the issues and the future of Britain-Northern Ireland trade are not addressed with urgency, some of their supply chains could be shifted from the United Kingdom to the European Union by British supermarket groups which include the market Tesco… Read More ›
Warning On Business Risks In Hong Kong Issued By US To Multinational Companies
Following the imposition of a sweeping new national security law in Hong Kong last year, a warning to companies over the risks of doing business there has been issued by the United States. Multinational companies are also subject to the… Read More ›
WTO Hopes To Strike Global Fishing Deal After 20 Years Of Negotiations
The issue of overfishing, which the World Trade Organization has been trying to tackle for 20 years now, is expected to be tackled by the global trade dispute redress body and in turn will also be able to clear doubts… Read More ›
Deal To Tax Multinational Companies Endorsed By G20 Finance Ministers
A plan to force multinational companies to cough up their “fair share” of taxes in countries all around the world was endorsed by the finance ministers of G20 countries. This plan which is aimed at preventing large multinationals to avoid… Read More ›
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