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 ›
Geopolitics
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The broadcasting license of China Global Television Network, or CGTN has been revoked by regulators in the United Kingdom.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 ›
2020 US Economy Performance Worst In 74 Years Due To Covid-19 Hit
The Cvoid-19 pandemic significantly life-saving financing lifeline in eth United States in 2020 along with investments in business resulting in the largest economy of the world posting a contraction for the year that was the deepest since World War II…. Read More ›
Tehran must resume complying with the Iran nuclear deal before Washington: U.S. Secretary of State Antony Blinken
U.S. Secretary of State Antony Blinken on Wednesday stuck to his stance that Tehran must resume complying with the Iran nuclear deal before Washington, which abandoned the pact under former President Donald Trump, would do so. Making his first public… Read More ›
New Zealand upgrades FTA with China
In a development that sees China leveraging its trade leverage against a former five eye country, Beijing has signed a free trade agreement with New Zealand allowing the island nation export opportunities to the China’s market where state-backed have an… Read More ›
China’s Huawei In Negotiations To Divest Its P And Mate Brands: Reuters
In a move that could eventually see the Chinese firm Huawei Technologies Co Ltd exiting the high-end smartphone-making business, the firm was reported to be in early stage talks to sell its premium smartphone brands P and Mate, claimed a… Read More ›
China’s Growth And Xi’s Leadership Will Be Challenged By Potential For New Pandemic Outbreak
China, the second largest economy of the world, was expanding at a quarterly rate of 6.5 per cent in November last year when the United Kingdom was going into a second lockdown and its economy was contracting. Recent data has… Read More ›