The fears of a trickle down recessionary effect with it beginning at the top of the spending tree were stoked after reports emerged that the spending is being cut by the rich on everything from homes to jewelry. According to… Read More ›
Geopolitics
Eu-Mercosur trade deal could be signed by next year: Senior EU Official
The EU has made it amply clear that the ball lies in Brazil’s court. Its behavior will have to change its attitude for the deal to come through by late 2020. On Wednesday, a senior official from the European Union… Read More ›
Restrictions On Sending Money Abroad Imposed In Greece During The Debt Crisis To Be Removed
The strict restrictions on depositors of Greece that were imposed when the debt crisis in the country was at its height four years ago are set to be lifted off. This change in monetary policy being planned to be implemented… Read More ›
No Signs Of Looming Recession Seen By Starbucks, Says Its CEO
The current business at Starbucks does not agree with the currently prevalent sentiments and fears of the recession, said the company CEO Kevin Johnson in a television interview. He said that the investments that the company had made in its… Read More ›
Japan, U.S. Could Sign Trade Agreement This September
A bilateral trade deal between the United States and Japan is likely to be signed off by Japanese Prime Minister Shinzo Abe and US President Donald Trump in September this year following the leaders agreeing on the broad principles of… Read More ›
A ‘Calm’ Resolution To US Trade War Desired By China
While resolutely opposing the escalation of the trade war between the United States and China, Chinese Vice Premier Liu He, who has been leading the talks with Washington, said that his country wants to make use of “calm” negotiations to… Read More ›
China willing to negotiate trade dispute through dialog: Chinese Vice Premier Liu
Chinese Vice Premier Liu is China top trade negotiator. On Monday, Chinese Vice Premier Liu He stated, Beijing is willing to resolve its trade dispute with the Washington through negotiations. In what are likely to be signs that U.S. trade… Read More ›
U.S.-Japan trade deal on the horizon
With the 2020 elections coming up, Trump is under pressure to deliver to his constituents in key swing states; these are the voters who ensured he became President. U.S. President Donald Trump as well as Japanese Prime Minister Shinzo Abe… Read More ›
Trump threatens to tax French wine in response to France’s digital tax
Fighting wars on two fronts is a very risky proposal. As a response to a French proposal to tax big U.S. tech companies, U.S. President Donald Trump threatened to levy a tax against French wine. On this note it would… Read More ›
Trump Hike Tariffs On Part Of Chine Goods Already Under Tariffs, Escalating Trade War
United States president Donald Trump has just escalated the trade war with China. Following his announcement of 10 per cent tariffs on the remaining $200bn of Chinese goods imported into the US which is slated to be implemented from September… Read More ›
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