According to the former boss of the Brexit department, Britain’s ability to trade will be faced with a “dead weight” because of the narrow EU deal sought by Boris Johnson. There are concerns that Britain is not at all prepared… Read More ›
Geopolitics
New Export-Control Law Passed By China After Restrictive Steps By US
The Chinese government would now be able to act against those countries that abuse export controls to cause harm to the economic interests of China by passing a new law that will allow the government to restrict exports of controlled… Read More ›
ECB’s Panetta Says Euro Zone Recovery Delay Risk Due To Second Pandemic Wave
The recovery of the euro zone from the deep recession could be derailed in the event of a large second wave of the novel coronavirus pandemic which makes it more important to announce ultra-easy monetary policy, said Fabio Panetta, a… Read More ›
U.S. Treasury Secretary Steven Mnuchin to lead U.S. delegation to Israel, UAE and Bahrain
In a statement the U.S. Treasury Department said, Treasury Secretary Steven Mnuchin will lead a U.S. delegation to Israel, Bahrain and the United Arab Emirates on October 17 to 20. The visit comes in the wake of the UAE and… Read More ›
US Is ‘Abusing Power’ By Arm Twisting TikTok, Alleges China
The administration of the United States President Donald Trump was abusing “national power” by trying to ban TikTok, China has accused, even as a stay on the execution of a ban on the short video sharing app was given by… Read More ›
EU Will Keep Persisting With Talks With Britain For A Brexit Deal
Agreement on an extension of negotiations with Britain was arrived at by the European Union leaders for a striking a trade deal after Brexit, talks for which are to be held within the next few weeks, with the main aim… Read More ›
Trump Administration mulling options to include China’s Ant Group to Entity List
According to two sources familiar with the matter at hand, the U.S. State Department has submitted a proposal to the Trump administration to add China’s Ant Group to its Entity List. The development comes at a time when when the… Read More ›
Belgian 5G Contracts Goe To Nokia, China’s Huawei Ousted From Heart Of EU
Amid pressure from the United States to exclude the Chinese telecom equipment maker Huawei from supplying key telecoms equipment, wireless service providers Orange and Proximus have chosen to partner with Nokia for the construction of state of the art next… Read More ›
IMF Urges World For Greater Synchronized Measures To Tackle Covid-19 Economic Hit
More needs to be done by the international community in order to address the economic impact of the novel coronavirus pandemic which started n China at the end of last year and then spread to the rest of the world…. Read More ›
U.S.-China trade surplus narrows to $40.75 billion, Beijing far from meeting purchase commitments under Phase 1 deal
According to Chinese customs data released on Tuesday, Beijing’s trade surplus with the United States has narrowed to $30.75 billion in September, down from $34.24 billion a month earlier. For the first nine months of the year, China’s trade surplus… Read More ›
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