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 ›
Geopolitics
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 ›
Meaningful transatlantic relationship EU’s top priority: EU’s new trade chief
According to a report from the Financial Times, the EU’s new trade chief has told the United States to remove the imposition of tariffs on more than $7 billion EU products or face additional duties on exports to Europe, in… Read More ›
Collapse of global tax treaties could impose $100 billion in costs: Organisation for Economic Co-operation and Development
On Monday, the Organisation for Economic Co-operation and Development said, the global economy could see a drop of more than 1% in output if international talks to rewrite cross-border tax treaties break down and trigger a trade war. On Friday,… Read More ›
China’s financial network and tech supply chain vulnerable to U.S. pressure: PBOC Vice Governor
On Monday, in a report, a magazine by the China’s central bank, Fan Yifei, a vice governor of the People’s Bank of China (PBOC) said, China’s financial network as well as its technology supply chain faces a huge risk from… Read More ›
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