The challenge that the Chinese economy faces from staging a complete recovery of its economy from the hit of the novel coronavirus pandemic became evident when figures came to the forefront that the rate of unemployment in the second largest… Read More ›
Geopolitics
32.1% Drop In Japan’s Current Account Surplus In March Due To Pandemic
The impact of the novel coronavirus pandemic on the global economy has resulted in Japan losing out 32.1 per cent of its current account surplus in the month of March due to a slump in export and travel restrictions, said… Read More ›
State Aid By Countries ‘Unlevelling The Playing Field’ In Europe, Warns EU Commission President
Companies in the richer European countries such as Germany are being given an unfair advantage because of the relaxing of the state aid rules of the European Union, said European Commission president Ursula von der Leyen, while calling for an… Read More ›
Free Trade Negotiations With Japan To Ne Started By The UK
After launching trade agreement negotiations with the United States and the European Union simultaneously, the United Kingdom has now wants to start trade negotiations with Japan and published its negotiating objectives to strike a free trade agreement. The UK’s Department… Read More ›
FBI Says Research On Coronavirus Vaccine Targeted By Chinese Hackers
According to explosive reports published in two newspapers in the United States, research on developing a vaccine against coronavirus are being attempted to be hacked by Chinese hackers, according to alarms raised by the US Federal Bureau of Investigation and… Read More ›
India Announces $266 Billion Package For Supporting Economy Hit By Covid-19
The Indian government has announced a $266 billion assistance package to support its economy which has been hit by the novel coronavirus pandemic. The headline figure was announced by the Indian Prime Minister Narendra Modi through a national address on… Read More ›
Beef ban not tied to call for independent enquiry into COVID-19: Australia’s Trade Minister
On Tuesday, Simon Birmingham, Australia’s Minister for Trade said, China’s decision to ban the import of Australian beef was not a response to its call for a fair and independent enquiry into the origins of the coronavirus disease COVID-19. Birmingham… Read More ›
The EU & Britain start Brexit negotiations even as June 30 deadline looms
On Monday, with little progress made on sticky point, the European Union and Britain commenced trade negotiations even as the June deadline ominously hangs overhead, with both countries yet to agree on extension on negotiations. British Prime Minister Boris Johnson… Read More ›
U.S.-China trade negotiations could start next week: Bloomberg
On Thursday, a report from Bloomberg citing sources familiar with the matter at hand, said, trade negotiations between the United States and China through phone calls could commence as early as next week. The call will include U.S. Trade Representative… Read More ›
EU Commission Forecasts Record Recession For Euro Zone
According to the forecast of the European Commission, there will be a contraction of a record 7.7 per cent for the current year in the euro zone economy because of the economic impact of the novel coronavirus pandemic. The Commission… Read More ›