The move by the new government of the United States under president Joe Biden to not impose additional tariffs on goods from the European Union as a part of the -running dispute over aircraft tariffs was acknowledged by the EU… Read More ›
Geopolitics
Looking forward to resolve aircraft subsidies dispute with Europe: USTR’s office
In a statement the U.S. Trade Representative’s office said, it is looking forward to working with European allies to resolve a dispute over aircraft subsidies. “We know there is great interest in resolving the Boeing-Airbus dispute on both sides of… Read More ›
US Airlines Have Large Cash Stocks Despite Huge Losses
Despite making a combined $32 billion loss excluding special items, the airline industry of the United States stull ended 2020 with a lot of cash at hand. At the end of 2020, there was $31.5 billion in cash on their… Read More ›
Tough Position Taken By China’s Diplomat In First Telephonic Call With New US Secretary Of State
The blame for pushing the bilateral relationship between the United States and China to its lowest point in decades was squarely put on Washington by China’s top diplomat in his first phone call with new United States Secretary of State… Read More ›
Slow Job Growth In The US With Covid-19 Stalling Recovery
With the Covid-19 pandemic continued to disrupt economy recovery in the United States, just 49,000 jobs were added in the country in January. Employment was hit at retail stores, restaurants, casinos and hotels because of continued losses which was described… Read More ›
An African And A Woman Is Set To Be The WTO Chief For The First Time
The first woman and the first woman and the African to head the World Trade Organization would be Nigeria’s Ngozi Okonjo-Iweala. Her candidature to the top post of the global trade regulating body was confirmed after the withdrawal of the… Read More ›
UK Revokes Broadcast License Of Chinese State-Owned News Channel CGTN
The broadcasting license of China Global Television Network, or CGTN has been revoked by regulators in the United Kingdom. After an investigation “concluded that the license is wrongfully held by Star China Media Limited”, the Chinese state-owned channel’s license had… Read More ›
UK Top Destination For Australian Wine Exports After Chinese Tariff Hike
With crippling additional import duties imposed on Australian wine in China, wine makers in Australia had been trying out new markets and one of the successful markets was that of the United Kingdom. Last year there was 30 per… Read More ›
India’s Target Of Selling Of State-Owned Firms Will Push Economy Closer To $5 Trillion, Say Analysts
According to a top Indian business leader, the Indian economy will inch closer to becoming a $5 trillion economy because of the efforts to privatize state-owned companies. According to the target set by the country’s Finance Minister Nirmala Sitharaman in… Read More ›
Myanmar coup likely to dampen investment interest: trade experts
According to analysts and trade experts, the coup by Myanmar’s military is likely to dampen the interest of western companies in investing in the country and may even prompt big U.S. companies to relocate. In the first 11 months of… Read More ›
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