With the healthcare system of India reeling under a massive wave of coronavirus infections, the country said on Friday that measures were being undertaken to address a shortage of a medicine that is used for treating of a rare fungal… Read More ›
Geopolitics
Despite Concerns Over British Farming, UK Offers Free-Trade Deal To Australia
A new set of trade deal terms have been offered to Australia by the United Kingdom according to which the two trading partners will phase out taxes on imports over a period of 15 years. There were reports of a… Read More ›
Cellphone Fee Drop Offsets Input Costs As Consumer Price Fall Continue In Japan
A record drop in cellphone fees offset the rise in energy prices in Japan in April resulting in the country recording the ninth straight month of a drop in core consumer prices. This suggested that the economic recovery of the… Read More ›
Despite China’s anti-Australia rhetoric, Beijing continues to be Australia’s biggest trading partner
Despite China’s anti-Australia rhetoric, ongoing trade between the two countries is evidence of the ongoing relationship, pointed out Australian Prime Minister Scott Morrison. Beijing’s criticism of Australia is aimed at its domestic audience for political gains. While bilateral relationship between… Read More ›
Freezing public listed company assets of Hong Kong tycoon Jimmy Lai a wake-up call to global investors: Taiwan
On Saturday, in a statement aimed at international investors, Taiwan warned of the very real dangers of doing business in Chinese-controlled Hong Kong after the city state decided to freeze the media assets of Chinese tycoon Jimmy Lai, who has… Read More ›
Second referendum a matter of when not if: Scottish leader Nicola Sturgeon
In a development with potentially big consequences, Scottish leader Nicola Sturgeon has told British Prime Minister Boris Johnson that a second referendum on independence was inevitable following a resounding election victory by her party. Johnson’s Conservative Party is strongly opposed… Read More ›
Unexpected Surge In Chinese Export In April As US Recovers And India Stalls
With a growth in demand because of a fast rebound of the United States economy from the Covid-19 pandemic hit, there was an unexpected surge in the exports of China last month. The global export market of China was also… Read More ›
Economic Dialogue With Australia ‘Indefinitely’ Suspended By China
The relations between China and Australia were already tense and it took a turn for the worst this week after Beijing announced an indefinite suspension of all activities that were being undertaken under a high-level economic dialogue with Australia –… Read More ›
US Secretary of State on Chinese investment in the West
In a statement U.S. Secretary of State Antony Blinken said, Western nations have to be very careful about the exact nature of Chinese investment in their economies. “I think we have to be very careful about exactly what the nature… Read More ›
China abruptly suspends economic dialog mechanism with Australia
On Thursday, in the latest setback to China-Australia relations, Beijing has “indefinitely” suspended all activities under a China-Australia Strategic Economic Dialogue, said its state economic planner. “Recently, some Australian Commonwealth Government officials launched a series of measures to disrupt the… Read More ›