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 ›
Geopolitics
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 ›
Europe Could Be Hit By A Third Wave Of The Pandemic, Warns WHO’s Covid Envoy
The beginning of a third wave of the pandemic in Europe in early 2021was predicted by a World Health Organization (WHO) special Covid-19 envoy. The next wave of the novel coronavirus pandemic will take place if various European governments repeat,… Read More ›
New Rules For Banning Shipping In Arctic Come With Waivers Described As ‘A Missed Opportunity’
A series of restrictions have been imposed on ships which use and transport heavy grade oils by the International Maritime Organization with the aim that the restrictions will help to protect the lands, communities and wildlife present in the Arctic… Read More ›
Record 400 Billion-Pound Borrowing To Plan Be Announced By UK Next Week
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 ›
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 ›
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