On Wednesday, Britain and New Zealand formally launched free trade negotiations, with the former looking to line up deals with other countries post-Brexit. In a statement, New Zealand’s Minister for Trade and Export Growth David Parker said, New Zealand is among… Read More ›
Geopolitics
Historic Drop In Oil Demand In Current Year, Predicts IEA, Recovery In 2021
The drop in demand for oil for the current year will be the steepest in history, predicted the International Energy Agency on Tuesday. The IEA said that “a more stable footing” over the coming months could be reached by the… Read More ›
Members of European Parliament propose suing China over national security laws in Hong Kong
In a significant development, members of the European Parliament have drafted a lawsuit accusing China of violating the Sino-British Joint Declaration and the International Covenant on Civil and Political Rights in a strong pushback to Beijing’s move to impose draconian laws… Read More ›
Australia Calls On Foreign Students To Chose The Country For Studies As China Advises Students Not To
As Australia still struggles with its latest tensions with China, Australia wants to hold on to the international students studying in the country. Students from all over the world were urged by Australia’s finance minister to “consider Australia” because despite… Read More ›
UK Firms Have Made Dramatic Scaling Back Of Investment Plans, Finds Latest Survey
A leading business survey in the United Kingdom has revealed that companies have dramatically scaled back investment plans for the rest of the current year because of the uncertainty of the future of the country’s economy which has been hit… Read More ›
Pandemic Effect: 20.4% Slump In UK Economy In April, The Highest Ever
The novel coronavirus hit on the economy of the United Kingdom caused a 20.4 per cent contraction in April – the highest ever fall in a single month. During April, when the entire country was under lockdown for the entire… Read More ›
Global Coronavirus Lockdown Hits Luxury Food Industry Hard
The outbreak of the coronavirus pandemic across the world has resulted in the temporary closure of thousands of restaurants while many economies have slipped into recession which has severely hit the global demand for premium foods like wagyu beef, bluefin… Read More ›
After Supporting China On Hong Kong, HSBC Facing Flak From China As Well As The West
Pleasing China and the West at the same time is a tough task and British bank HSBC is learning it the hard way. After the top executive of the bank in Asia made a public declaration of the company’s stance… Read More ›
OECD Predicts UK To Be The Worst Hit Economy Among Leading Nations Due To Pandemic
The Organisation for Economic Co-operation and Development has warned that the United Kingdom is likely to the hardest hit economically among the richer countries because of the novel coronavirus pandemic. The OECD said that that there is likely to a… Read More ›
Green Recovery Plans Threatened By Govts’ Covid-19 Stimulus For High-Carbon Industries
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 ›
