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 ›
Geopolitics
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 ›
2020 Economic Forecast Slashed By Hong Kong, Says Revival Dependent On Virus Control
Hong Kong slashed its economic outlook for the current year on Friday and warned that a recovery of the economy from a recession will depend on the time that the city will take to bring under control a fresh wave… Read More ›
Chinese IPOs flood U.S. market despite delisting threat
Despite the threat of deliting for non-compliance to U.S. accounting standards, Chinese mainland companies are rushing to list their shares on U.S. stock exchanges thus increasing the risk of U.S. investors to the Trump Administration’s delisting ban. Despite trade threats… Read More ›
Washington set to unveil strategic economic investment program in Columbia: Mauricio Claver-Carone
According to a senior official from the White House, next week Washington is set to unveil a major economic investment program with the Colombian government. The move assumes significance since it underscores Washington’s drive to relocate supply chains that it… Read More ›
EU’s Changing Tone On Brexit Makes UK Confident Of A Deal
There has been a distinct change the tone and attitude of European Union in recent weeks over the Brexit deal with the United Kingdom which has allowed progress to be made and prompted Britain’s top minister overseeing Brexit talks saying… Read More ›
White House’ WeChat Ban Could Impact American Companies In China
Following the signing of an executive order by United States President Donald Trump that could put a ban on Chinese owned short video sharing app TikTok and Tencent owned messaging app WeChat, some of the unintended casualties of this could… Read More ›
Taiwan negotiating SeaGuardian surveillance drones purchase with U.S.: Sources
In a significant development, six U.S. sources familiar with the negotiations have disclosed, the United States is negotiating the sale of at least four sophisticated aerial drones to Taiwan. Armed with the SeaGuardian surveillance drones, that have a range of… Read More ›