With the growth of costs for raw materials increasing at the fastest pace in more than two decades factory activity growth in China slowed down slightly in May. The high costs of raw materials affected the output of small and… Read More ›
Geopolitics
Since Brexit, EU Tariffs Worth Billions Faced By British Exports
Analysis of official EU statistics shows that since Brexit was imposed, tariffs on trade with the European Union have has been faced by British exports worth billions of pounds. Taxes were applied on up to £3.5bn of British exports even… Read More ›
Covid-19 Origin Probes Being ‘Poisoned By Politics’, Says WHO
The probes to find out the origin of the Covid-19 causing novel coronavirus are being “poisoned by politics”m said a top official of the World Health Organization (WHO) on Friday. This Wednesday, United States president Joe Biden announced that he… Read More ›
Belarus Plane Grounding To Be Investigated By United Nations’ Aviation Body
The forced grounding of a Ryanair passenger plane in Minsk which has drawn international outrage will be investigated by the United Nations’ International Civil Aviation Organization (ICAO). An initial demand for investigation into the incident was demanded by the United… Read More ›
US Still Faces ‘Very Large Challenges’ On China, Says US Trade Chief Tai
There are still “very large challenges” in the trade and economic relationship between the United States and China that the Biden administration needs to accord attention to across the board, said the US Trade Representative Katherine Tai. She said this… Read More ›
Taiwan Accuses China Of Blocking A Covid-19 Vaccine Deal With BioNTech
China was accused by Taiwan directly for the first time of blocking a deal of the island with Germany’s BioNTech SE for Covid-19 vaccines further escalating a war of words since Beijing offered the vaccine shots to the island through… Read More ›
German Economy Could Rebound In Summer After Covid-19 Contraction
The German economy is headed for a swift recovery from the Covid-19 pandemic this summer following a more than expected shrinking of the economy ion the first quarter. This optimistic picture of the German economy is based on better German… Read More ›
IAEA Chief Concerned About Iran’s Level Of Uranium Enrichment
Expressing alarm over the nuclear program being carried out by the Iranian government, the chief of the International Atomic Energy Agency spelled out why he was so concerned in an interview with the Financial Times this week. The situation was… Read More ›
UK’s backing of global corporate tax contingent on White House’s support on cracking down on US tech giants: UK Treasury
A report from The Telegraph stated, the UK treasury may back a global overhaul of corporate tax as outlined by U.S. President Joe Biden if the White House supports its demand to crack down on U.S. tech giants. Britain has… Read More ›
EU-Britain tensions stem from Brexit, not from Northern Ireland protocol: Ursula von der Leyen
On Tuesday, the head of the European Commission said, tensions with Britain, a former EU member, stem from Brexit and not from issues surrounding the Northern Ireland protocol that has been agreed by both sides. After the first day of… Read More ›
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