Sanctions against Turkey are being prepared by the European Union in response to Turkey’s dispute in the eastern Mediterranean with Greece and the sanctions are likely to be discussed t the next meeting of the bloc later in September, according… Read More ›
Geopolitics
China Expects No Change In US Policy Towards It Irrespective Of A Trump Or Biden Win
A key insight for China Inc about what the policies towards China of the next President of the United States could look like was available during the Democratic and Republican National Conventions. China Inc has been caught in the rocky… Read More ›
IMF Says Covid-19 Could Result In A Lost Decade For Poorest Countries
The International Monetary Fund has warned that a decade of development will be lost for the poorest countries of the world because of the novel coronavirus pandemic unless there is concerted and urgent help provided to those countries. There is… Read More ›
U.S. blacklists 24 Chinese companies and individuals linked to Chinese adventurism in South China Sea
In a significant development, Washington has blacklisted 24 Chinese companies and targeted individuals which helped China’s ruling Communist Party militarize the disputed regions in the South China Sea, in what is the first such step over the strategic waterway. In… Read More ›
UK Being Bullied By China, Says The US, Citing HSBC’s Handling Of Hong Kong-Related Accounts
A renewed criticism of British Bank HSBC was initiated by the United States Secretary of State Mike Pompeo on Wednesday with a statement by talking about the reported behavior and conduct of the bank towards its pro-democracy customers in Hong… Read More ›
‘Constructive’ Trade Talks Held Between The US And China
After completion of talks over their so-called “phase-one” trade deal, after the rising tensions between the United States and China delayed the discussions which were to be held earlier this month. The US Trade Representative said after the meeting that… Read More ›
Michel Barnier Of EU Says UK-EU Trade Deal ‘Seems Unlikely’
It “seems unlikely” at this stage that a trade deal between the United Kingdom and the European Union would be possible after Brexit, said the negotiator for the EU. He was “disappointed” and “concerned”, said Michel Barnier while speaking after… Read More ›
Markit Flash PMI Shows Sudden Spike In US Business Activity To Early 2019 Levels
With a resurgence in new orders for both the manufacturing and services sectors, business activity in the United States jumped back to its highest since early 2019 this month. This assumes significance because novel coronavirus cases are still on the… Read More ›
Trump Offers Cash Incentives For American Firms Moving Factories Out Of China
The United States President Donald Trump has offered tax credits to any American company ho that decides to shift its production units out of China. At the same time however Trump also threatened that those American companies that still continue… Read More ›
Germany pushes to end Libya’s oil blockade
In a statement, Libya’s National Oil Corporation (NOC) stated, German Foreign Minister Heiko Maas had underscored the importance to bring about an immediate end to the blockade of oil facilities in Libya. NOC chairman Mustafa Sanalla met Maas in Tripoli… Read More ›