Its forecast for a number of Southeast Asian economies was downgraded by the International Monetary Fund even while becoming more optimistic about the fortunes of the global economy and the broader Asia-Pacific region. The five largest developing economies in Southeast… Read More ›
Seven Chinese business groups that were charged with manufacturing supercomputers for use by the country’s military were blacklisted by the United States. This is the first such move by the new Biden administration of the United States to put pressure… Read More ›
Midst media reports that Polish medical staff are taking oxygen and intravenous drips to boost their energy, the country’s health minister Adam Niedzielski said, many Polish doctors and nurses are just taking naps between shifts as they continue to fight… Read More ›
In a significant development, South Korean steelmaker POSCO has begun reviewing how it might terminate its joint venture with a company controlled by the military in Myanmar, in the wake of the military coup there in February, said two sources… Read More ›
With an increase in vaccination against Covid-19, easing of restrictions and people being prompted to get back to their pre-pandemic activities, there was a surge in new hiring in the United States economy in the month of March. Reopening… Read More ›
China has broken the 1984 Joint Declaration after it enacted sweeping changes to Hong Kong’s electoral system, undermining the freedoms of people in the former British colony. “Today China enacted changes to Hong Kong’s electoral system which are a clear… Read More ›
After China imposed huge tariffs on Australian wine, the country has promised to “vigorously defend” its wine industry. This was said by the country’s minister for agriculture, drought and emergency management David Littleproud. China imposed import tariffs of as much… Read More ›
The trade dispute between China and Australia is set to escalate as Beijing is imposing massive import duties on wines imported to the country from Australia for the next five years. This move threatens to cut off their top export… Read More ›
In a statement U.S. Trade Representative Katherine Tai said, she plans on continuing to maintain threat of U.S. tariffs on goods from Britain, India, Austria, Spain, Italy and Turkey in retaliation to their digital services taxes. She went on to… Read More ›
According to a report from The Times, Britain is close to striking a vaccine deal with the European Union thus potentially removing a threat of the EU cutting off supplies of COVID-19 vaccines to the country. Under the terms of… Read More ›
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