If various countries do not work together to get out of the current crisis created by the novel coronavirus pandemic and other factors, the world could look like it did in 1900, warned the former head of the World Bank…. Read More ›
Geopolitics
Pandemic Impact: Worst Economic Slump Reported By Australia
With the restrictions on business and the economy being imposed to prevent the spread of the novel coronavirus pandemic, the Australian economy was pushed into its deepest economic slump on record in the second quarter of the current year. This… Read More ›
Amid Escalating Trade Tensions, China Again Targets Australian Wine
With increasing tensions between Australia and China, regulators in Beijing have put up another hurdle in front of Australian winemakers. After a complaint from the China Wine Industry Association, an anti-subsidy investigation of some wine imports from Australia has been… Read More ›
Irish Finance Minister Claims Possibility To Get Tax Deal On Tech Giant This Year
According to the Irish finance minister, a deal between Europe and the United States on the issue of new tax arrangements for digital giants could be had in 2020 itself. There is a disagreement between countries – especially between the… Read More ›
‘Operational Mistake’ Caused Failure To Remove Kenosha Militia Page, Admits Zuckerberg
The failure of the social media platform Facebook to remove a page that encouraged armed Americans to take to the streets of Kenosha, Wisc, was because of an “operational mistake”, admitted the company’s CEO Mark Zuckerberg. Zuckerberg acknowledged in a… Read More ›
Sanctions Against Turkey Being Prepared By EU Over Its Ankara’s Dispute With Greece
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 ›
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 ›