Those businesses of the United Kingdom who trade with Europe will need to prepare themselves for “significant change” with “inevitable” border checks for “almost everybody” who wants to imports products from the European Union starting next year, Michael Gove, the… Read More ›
Geopolitics
Zero Growth In UK Economy In The Last Quarter Of 2019
There was virtually no growth in the economy of the United Kingdom in the fourth quarter of the 2019 primarily because of a contraction during the quarter, the third straight quarter of contraction, while there has also been a slowdown… Read More ›
UK Confident Of A Trade Deal With US Despite Issues Over Huawei
The United Kingdom is confident that it will be able to strike up a trade deal with its trusted ally United States despite the disagreement between the two over the issue of including the Chinese tech giant Huawei in the… Read More ›
Closure Of Chinese Factories Continues To Stress Global Supply Chains
Thousands of the companies all across the world are waiting for reopening of factories and production units in China starting Monday. However if the closures continue over concerns of spreading of coronavirus, many of the major brands of the world… Read More ›
Consultations with U.S. disaster-related clause in Phase-1 agreement could start after Q1: Global Times
On Thursday, the Global Times, published by China’s People’s Daily newspaper of the country’s ruling Communist Party said, Beijing is weighing the option of using a disaster-related clause in the Phase-1 trade deal with the United States following the outbreak… Read More ›
China will cut tariffs on select U.S. products by 50%
On Thursday, China said it will reduce tariffs on select goods which it imports from the United States by 50% starting from 1:01 p.m. local time (0501 GMT) on February 14 and said, it hopes to work with the U.S…. Read More ›
French port town Calais floating in post-Brexit duty free dreams
Authorities in Northern France, in the port town of Calais are lobbying the French government to create a duty-free zone which covers the entire town if a future trade deal between the EU and France trturns to trade tariffs. Calais’s… Read More ›
EU-Britain trade deal will encapsulate financial services, fisheries, energy and trade in goods: EU Commissioner
On Monday, Ursula von der Leyen, the head of the European Commission stated, any agreement on the European Union’s future relationship with Britain will contain details on financial services, fisheries, energy and trade in goods. “It’s all outlined in the… Read More ›
Shrinking Of French And Italian GDPs Push Eurozone Growth Close To Stalling
In the last quarter of 2019, the economies of France and Italy unexpectedly shrank, which slowed down the growth rate of the entire eurozone – which now is close to stalling, shows latest data. According to the European Union statistics… Read More ›
Fears Of Coronavirus Pushes Oil Market To ‘Tough And Uncertain’ Times: Royal Dutch CEO
While the global financial markets have been spooked by the rate of spread of the novel coronavirus, which originated in China, the energy companies and markets are still trying to assess the economic impact this outbreak could have. Since its… Read More ›