Wine makers and merchants in America were almost wiped out of business a cebntruy ago because of new restrictions. And according to the American wine industry, a similar threat is poised by the decision of the United States president to… Read More ›
Geopolitics
Warning On 2020 Global Growth Issued By World Bank
The World Bank has said that if everything goes just right, there can be a modest rebound this year in the global economy after its weakest performance in 2018 since the global financial crisis. The global financial body has identified… Read More ›
Chinese Vice Premier Liu Hu to visit Washington next week for signing Phase 1 trade deal
On Thursday, China’s commerce ministry stated, Vice Premier Liu He, who heads China’s negotiation team in the U.S.-China trade talks, will be visiting Washington next week to sign the “Phase 1” trade agreement. Liu’s Washington visit will be for the… Read More ›
Hard Brexit or no-deal Brexit would either way damage the economy: Klaas Knot
On Wednesday, Klaas Knot, governor of Netherland’s central bank, who also sits on the European Central Bank’s Governing Council stated, in the event of a hard Brexit in 2020, the damage to the economy would be as great had Britain… Read More ›
Ghosn Rode A Bullet Train To Osaka While Fleeing To Lebanon From Japan: Report
A news report published by the Japanese news agency Kyodo on Monday claimed to have revealed a part of the mysterious journey that the former Nissan and Renault boss Carlos Ghosn had undertaken to escape from Japan to Lebanon. The… Read More ›
Chinese Vice Premier Liu He led delegation to arrive in Washington to sign Phase 1 trade deal
As per a report from the South China Morning Post citing a source briefed on the matter at hand, a Chinese trade delegation is scheduled to visit Washington on January 13 for signing the U.S.-China Phase 1 trade deal. The… Read More ›
Crude prices surge following U.S. air strike on Iranian Major-General Qassem Soleimani and Iraqi militia commander Abu Mahdi al-Muhandis in Iraq
On Friday, oil prices jumped by more than $1 following a U.S. air strike at the Baghdad International Airport which resulted in the death of a key Iranian and Iraqi military personnel. Brent crude futures LCOc1 was up by 1.86%… Read More ›
China temporarily blocks Shanghai-London Stock Connect scheme over political tensions
According to five sources, China has temporarily blocked the planned cross-border listings between the London and Shanghai stock exchanges due to political tensions with Britain. The suspension of the Shanghai-London Stock Connect scheme has cast a shadow over the future… Read More ›
Tiffany, Mercedes are among luxury brands adding restaurants to their stores in China
The love for food of Chinese customers is being tapped into by high-end retailers in China to boost sale of luxury goods. Cafes and restaurants to their shops have been added by a host of vendors offering everything from jewellery… Read More ›
Industry Body CII Expects Gradual Recovery In 2020 Of Slowing Indian Economy
The Indian economy, that was considered to be the fastest growing major economy not long ago, saw a dismal performance in 2019. The real estate, automobile, construction sectors and overall consumption demand have been the worst hit. The economy is… Read More ›
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