Chief negotiator of the European Union Michel Barnier warned that trade talks between the EU and the United Kingdom could get into trouble if the UK Prime Minister Boris Johnson does not adhere to the red lines drawn by the… Read More ›
Geopolitics
China to lower import tariffs on select products from January 1, 2020
In a statement, China’s finance ministry stated, it will lower tariffs on products ranging from avocado, and frozen pork to some type of semiconductors in 2020. In the coming year, Beijing is scheduled to lower import tariffs, which are lower… Read More ›
U.S.-China Phase One trade deal to be signed ‘very shortly’: Trump
U.S. President Donald Trump stated, the United States and China would “very shortly” sign the so-called Phase One trade pact. “We just achieved a breakthrough on the trade deal and we will be signing it very shortly,” said Trump at… Read More ›
World Bank Report Shows Record Growth Of Debt In 2018 In EMDEs
An analysis in Global Waves of Debt, the World Bank has found that in 2018, a record $55tn in total debts was attributed to the Emerging market and developing economies (EMDEs). The institution said that this was the straight eighth… Read More ›
EIU Predicts 50% Slower Global Growth Over The Next Decade Compared To The Last
A senior and well known economist has predicted that the pace of global economic growth in te next decade will be about half of what the global economy had achieved in the 2010s. Simon Baptist, chief economist at the Economist… Read More ›
Britain to close Brexit Department on January 31, 2020
A spokesman for the British government has disclosed, Britain’s Brexit department will be shutdown once the country leaves the European Union on January 31. Britain’s Brexit department was originally set up in July 2016 to oversee Britain’s negotiations to leave… Read More ›
Boris Johnson aims to block Brexit extension beyond 11 months as illegal
On Tuesday, British media including the Financial Times and The Times reported, British Prime Minister Boris Johnson aim to take bold legislative steps to prevent any extension of the Brexit transition period beyond 2020. Making an extension beyond 2020 illegal… Read More ›
Brexit bill to be tabled before parliament on Friday
Laws pertaining to Brexit are scheduled to be tabled in parliament on Friday, said Prime Minster Boris Johnson’s spokesman. The bill aims to formalize the terms of the agreement that was negotiated by Johnson and the EU into law. The… Read More ›
Key Carbon Markets Issue Remains Unaddressed At COP25 Summit
A broad based agreement to urge governments to step up the global response in reducing greenhouse gas emissions was arrived at the COP25 climate summit after some lengthy negotiations. It was attended by representatives of nearly 200 countries. But an… Read More ›
What British Businesses Want From The New UK Government Under Boris Johnson?
After getting elected as the prime minister of the United Kingdom with an overwhelming majority, Boris Johnson has assured that he would help to “unleash” the complete potential that Brexit would deliver to the country once he had fulfilled his… Read More ›
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