In a significant development that underscores the fact that the previous Administration efforts aimed at countering China’s exploitive trade practices have indeed hit their targets, senior Chinese diplomat Wang Yi has called on the Biden Administration to reopen dialogue with… Read More ›
Geopolitics
Paris Agreement Officially Rejoined By The US
The Paris Agreement on climate change has not formally been rejoined by the United States. The agreement was formed to tackle the problem of global warming so that the potentially catastrophic impacts of it can be avoided. According to the… Read More ›
Cease-Fire In Transatlantic Trade War Was Urged By Airbus CEO
An urgent call for a “cease-fire” in the on-going trade spat between the European Union and the United States over aircraft subsidies was given by the head of European plane maker Airbus on Saturday. The company said that the damage… Read More ›
Despite Manufacturing Growth, Business Activity Of Euro Zone Dips Again In February
There was a slight improvement in European business activity in February even though the economy continued to contract with the Covid-19 pandemic still forcing governments to impose social restrictions, showed preliminary data that was released on Friday. The Covid-19 pandemic… Read More ›
China Becomes EU’s Biggest Trading Partner In 2020 Outpacing The US
China has overtaken the United States as the largest trading partner of the European Union in 2020. While there was a fall in EU’s trading with most of its major trading partners during the pandemic hit year, China on the… Read More ›
Ratings Firm S&P Predicts Indian Economy To Grow At 10% In Fiscal 2022
The Indian economy is set to make a recovery from the pandemic induced economic contraction by next year, said the ratings agency S&P Global Ratings on Tuesday. The ratings agency predicted in a report that in fiscal 2022, the largest… Read More ›
Covid-19 Impact, Japanese Economy Contracts By 4.8% In 2020
Despite the Japanese economy growing in the fourth quarter of 2020, the economy could not make up the loss that it had sustained during the earlier part of the year because of the Covit-19 pandemic as the Japanese economy registered… Read More ›
China’s BytDance Considering Sale Of Indian TikTok Biz To Rival Glance: Report
According to a report published on Saturday by Bloomberg News, the Chinese etch company and owner of the short video sharing app TikTok, ByteDance, is reportedly considering options for a sale out of it’s the operations of the video sharing… Read More ›
EU Willing To Work With US’s Biden Administration For Settling Trade Spats
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 ›
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 ›