Time available for them to come to an agreement on a Brexit dela was quickly running out, both the United Kingdom and the European Union warned each other on Monday. The issues of state aid, enforcement and fishing still remain… Read More ›
Geopolitics
Washington adds top Chinese chipmaker and national offshore oil and gas producer to trade blacklist
In a significant development of strategic trade and military dimensions, the Trump Administration is poised to add China’s top chipmaker SMIC and its national offshore oil and gas producer CNOOC to a trade blacklist. The potential trade action blocks the… Read More ›
Britain positioned reasonably well in Brexit talks: Foreign Minister Dominic Raab
On Sunday, British foreign minister Dominic Raab stated Britain’s negotiations with the European Union over Brexit are positioned reasonably well, with some progress made on competition issues; however significant differences continue remain on fishing. “I do think we’re in a… Read More ›
Tariffs Of Upto 212% Slapped On Australian Wine By China
China imposed import duties of up to 212 per cent on Australian wine starting Saturday. This measure was temporary in nature and was aimed at preventing of dumping of subsidised imports of Australian wine, said China’s commerce ministry. The announced… Read More ›
China continues trade war against Australia, imposes punitive tariffs on Australian wine exports
Continuing its efforts in an attempt to bully Australia, on Friday, China’s Ministry of Commerce said, it will temporary impose anti-dumping measures on Australian wine from November 28, 2020. The move will further escalate trade and diplomatic tensions between Canberra… Read More ›
UK Car Industry Will Face Additional Cost $74 Billion By 2025 For A No-Deal Brexit
If there is no free trade deal between the United Kingdom and the European Union by the end of the year, the car industry of the UK could lose 55.4 billion pounds ($74 billion) in tariffs by 2025, the Britain’s… Read More ›
Covid-19 Impact: Zambia Becomes First African Nation To Default On Bonds Debt Servicing
The first African country to default on its debt in the Covid-19 era was Zambia which opted to leave a $42.5 million eurobond repayment last week. A key rating for Zambia was downgraded from CC to Restricted Default by Fitch… Read More ›
NATO, EU invites U.S. President-elect Joe Biden to rebuild transatlantic ties
In a significant development, top officials from the European Union as well as the head of NATO invited U.S. President-elect Joe Biden to rebuild transatlantic ties. Washington is set to meet its European allies in 2021. NATO Secretary General Jens… Read More ›
Uncertain Future For European Fur Industry Due To Covid-19
The spotlight is once again on the fur industry in Europe following the killing of millions of mink in a mass culling in Denmark after there was an outbreak of coronavirus at farms in the country. All mink would be… Read More ›
COVID-19 casting a shadow on Britain’s urgent need for FTA with EU: Rishi Sunak
During an interview to the BBC’s Andrew Marr, British Finance Minister Rishi Sunak said, the UK wants to strike a free-trade agreement with the European Union; but in near-term perspective, the concern is overshadowed by the COVID-19 pandemic. When asked… Read More ›
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