The European Union has finally ended the impasse over the much-needed stimulus package for Covid-19 which means that access to a historic level of funding will soon be available for cash-strapped countries. In July, the European countries agreed to raise… Read More ›
Geopolitics
British PM Johnson Says No-Trade Deal Brexit ‘Very Very Likely’
British Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen said on Friday that it is likely that the exit of the former from the European Union on January 1 next year will happen without a deal… Read More ›
China leverages COVID-19 – only major economy to recover from pandemic, auto sales surge
On Friday, China’s industry body stated, vehicles sales in the country is set to touch 25 million units in 2020. The development underscores the interesting phenomena in the world’s biggest vehicle market where the auto industry has recovered from the… Read More ›
With Eyes On A Quick Post-Brexit Trade Deal, UK Abandons EU Tariffs On Boeing
Tariffs imposed of the United States based plane maker Boeing have been dropped by the United Kingdom in the hope that it will be able to secure a trade agreement with the US faster after Brexit. This move by the… Read More ›
People’s Vaccine Alliance Claims Cvoid-19 Vaccines Being Hoarded By Rich Countries
A coalition of campaigning bodies has warned that it is likely that people from poor countries will miss out on a Covid-19 vaccine because the richer countries are hoarding doses of the vaccines. Only one in 10 people will be… Read More ›
U.S. sanctions coming over Hong Kong crackdown : Sources
According to three sources familiar with the matter at hand, Washington is preparing to impose sanctions on at least 12 Chinese officials over their alleged role in disqualifying elected legislators in Hong Kong. The move is likely to be formally… Read More ›
Clauses in UK’s Internal Market Bill breaks international law, only negotiating tactics: Irish Foreign Minister Simon Coveney
Irish Foreign Minister Simon Coveney stated, Britain’s plan to table a legislation aimed at breaking an earlier Brexit impasse is a “negotiating tactic” and EU negotiators should recognize it as that and not get distracted. Britain’s upper house of parliament… Read More ›
Hopes For A Brexit Trade Deal In Days Expressed By EU Envoys: Reports
Hopes of striking a Brexit trade deal with the United Kingdom by Friday or during the weekend were expressed by European Union diplomats on Thursday. In the next two days, review of progress is to be done by EU officials,… Read More ›
New Rules For Chinese Firms Passed By The US House Of Representatives
A law that will allow throwing out of Chinese companies off US stock exchanges if they do not conform to the country’s auditing rules was passed by the United States House of Representatives. Under the new law, companies will also… Read More ›
Installing New Huawei 5G Network Equipment In UK To Stop From September 2021
The United Kingdom government has ordered that telecoms providers in the country have to stop installing equipment from the Chinese telecom equipment maker Huawei in the country’s 5G networks starting September next year. Prior to the introduction of the telecommunications… Read More ›