The vital climate talks of the United Nations is being threatened of being sidelined maid the raging novel coronavirus pandemic even as governments and central banks across the world have seemingly failed to set out a green recovery from the… Read More ›
The decision last weekend of OPEC, Russia and allies to extend the deepest cut in oil production till the end of July is expected to have a positive impact on the global oil prices. Since the cuts were imposed bout… Read More ›
On Thursday, in a significant development, officials from India and Australia said, the two countries are set to seal a military logistics pact during an online summit between Indian Prime Ministers Narendra Modi and Scott Morrison. The pact lays the… Read More ›
In a statement Hong Kong’s finance secretary Paul Chan said, Hong Kong has no plans to change its currency’s peg to the U.S. dollar and that it has not seen any “obvious” capital outflows following a move by the United… Read More ›
The growth rate of factory activity in China slowed down in May as the second largest economy of the world attempts to turn around after the economy coronavirus pandemic hit. The slowness in factory data was shown official data on… Read More ›
The novel coronavirus pandemic has delayed by a year the global talks aimed at addressing the threat of climate breakdown. The United Nations has said that the talks will now be held in November 2021. Cop26, the official name of… Read More ›
The European Commission aims to make investments in strategic businesses and companies that have been wrecked by the novel coronavirus pandemic and the executive arm of the European Union has proposed to set aside a fund of 15-billion-euros for that… Read More ›
According to the estimates of the INSEE official statistics agency published earlier this week, there can be a contraction of up to 20 per cent in the second quarter compared to the previous three months for the French economy as… Read More ›
A new $1.1 trillion stimulus package to stimulate the economy battered by the novel coronavirus pandemic was announced by Japan which includes plans for a significant amount to be spent in direct spending. These plans gave been approved by the… Read More ›
In a significant development, The Times reported that the United Kingdom is pursuing a strategy of allying itself with at least 10 democracies, in order to create an alternative pools of suppliers of 5G equipment and other technologies so as… Read More ›
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