The largest public borrowing since World War Two is will be announce by the United Kingdom’s finance minister Rishi Sunak when he would be detailing the government’s spending plans next week. The UK economy has seen its biggest hit in… Read More ›
Geopolitics
Washington bans 4 more Chinese companies from accessing U.S. investor funds
According to sources familiar with the matter at hand, the United States is slated to designate four more Chinese companies as being backed by China’s military thus curbing their access to U.S. investor funds. The previously unreported designations of the… Read More ›
EU Official Tests Positive, Brexit Talks Suspended, Chief EU Negotiator Self-Isolates
After a member of the European Union’s negotiating team tested positive for coronavirus, Michel Barnier, the chief negotiator of the EU was forced to go into self-isolation while the two parties had to also suspend the face-to-face Brexit negotiations in… Read More ›
Its UK Future Minus A Brexit Deal Will Be Detrimental For It, Warns Nissan
Japanese car maker Nissan has warned that Britain’s biggest car plant “will not be sustainable”if there is no deal Brexit with the deadline of the final exit of the United Kingdom from the European Union draws near. There will be… Read More ›
China Will Open Up More Of Its Large Economy, Says President Xi At Apec
Its “super-sized” will be opened up to a greater extent economy to import more high-quality goods and services, said Chinese president Xi Jinping. He also said that free trade deal wil be signed by China with more countries. Xi made… Read More ›
Britain must successfully trade deal with Canada by December 31, 2020: Liz Truss
On Thursday. British trade minister Liz Truss said, Britain is determined to enter into a trade agreement with Canada before the end of this year thus underscoring the notion that both countries could enter into subsequent agreements after securing this… Read More ›
China wants a boost in global trade & service ties : Xi Jinping
On Thursday, in a significant development, Chinese President Xi Jinping stated, Beijing will reduce its tariffs and expand imports of high-quality goods and services; he also vowed to push reforms and promote an innovation-driven growth model. The development comes in… Read More ›
Amid Pandemic, Rich Nations Call In Debt Result In Rise In World Poverty
According to Gordon Brown, the former British Prime Minister, the international goal of eradicating extreme poverty by 2030 is currently under crisis after decades of making progress. Brown said that health and education systems have been sacrificed by developing countries… Read More ›
New Rules Implemented By UK To Protect British Firms From Tech Foreign Takeovers
New regulations designed to protect the best and brightest companies of the United Kingdom from being acquired by companies of other, potentially hostile, countries were introduced by the UK government this week. But given two of Britain’s most innovative companies… Read More ›
Mega Asian Trade Deal To Be Signed During The Weekend
After almost a decade in the making, a mammoth trade deal is to be signed by Asian leaders this weekend. The deal would have in its fold ten member countries of the Association of Southeast Asian Nations (Asean), as well… Read More ›