In an effort to sweeten its Brexit deal offer at the eleventh hour, the United Kingdom has made a new offer to the European Union in which it said that it was willing to allow for a three-year transition period… Read More ›
Geopolitics
WTO Allows EU To Impose Tariffs Against $4Bn US Goods Over Boeing Subsidies: Reports
The European Union has been allowed by the World Trade Organization to impose import tariffs on products from the United States worth $4 billion as a retaliatory measure to US tariffs on EU products over the WTO case of subsidies… Read More ›
Inequality Will Be Widened By Covidd-19 Without Global Action, Says IMF Chief
If government and other authorities do not take immediate steps to prevent the novel coronavirus pandemic from widening the gap between rich and poor countries, there will be a lost generation, said the head of the International Monetary Fund in… Read More ›
Negotiators begin drafting EU-UK legal framework
On Tuesday, according to a report from The Times, negotiators from the European Union have signaled their willingness on creating a joint legal framework with the UK. EU’s chief negotiator Michel Barnier said, he is ready to begin work on… Read More ›
U.S.-China Bilateral Tensions Force Investments To Fall To Nine Year-Low
A research report shows that in the first half of the current year, investment between the United States and China have dropped to a nine-year low because of the bilateral tensions between the two countries with possibility of more Chinese… Read More ›
There Is Solid Basis For Agreeing To Global Digital Tax, Says OECD
According to the head of tax at the OECD, there is now a “solid basis” for the global talks on updating international tax rules for the digital age and the situation is good enough to wrap up the negotiation by… Read More ›
Huawei cuts investments and jobs in Australia
In a statement embattled Chinese telecom network maker Huawei Technologies Co Ltd said, it will be cutting more staff from its Australian operations midst strained relations between Canberra and Beijing. Huawei will also trim its investments in the country. In… Read More ›
U.S.-China investment slides to 9-year low
According to a research report, investment flows between the United States and China touched its nine-year nadir during the first half of 2020 due to increasing Chinese belligerence-induced tensions which could see more Chinese companies come under U.S. pressure to… Read More ›
Amid US Tensions, Biggest Chinese Tech Firms Flock To Singapore
With increasing bilateral tensions between the United States and China, the biggest tech companies from China are expanding their operations in Singapore. It has been reported that their presence in the city state is being increased by Tencent and… Read More ›
WTO’s ruling on U.S.-China trade war, underpins U.S. arguments for reforming trade body
In a significant development, the World Trade Organization found that U.S. trade tariffs on China were in breach of global trading rules. In a statement, the Trump administration said, its more than $200 billion trade tariffs on China was justified… Read More ›
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