Saturday’s extraordinary parliamentary sessions is promising to be an extraordinary thriller. Sammy Wilson, a lawmaker for the Democratic Unionist Party (DUP) stated, voting down British Prime Minister Boris Johnson’s Brexit deal will open up better opportunities for the government and… Read More ›
Geopolitics
‘Limited Ammunition’ To Fight Recession Left With Central Banks, Warns IMF
The International Monetary Fund has warned that policy blunders of the central banks of the world have pushed the global economy to its weakest point since the global financial crisis of 2008 and the central banks are now wasting scarce… Read More ›
China’s Huawei Not Completely Banned From Bidding In Germany’s 5G Network Building
Germany has effectively not banned Huawei, the Chinese tech giant and the largest manufacturer of telecommunications equipment in the world, from participating in the construction of 5G mobile networks in the country according to a draft proposal prepared by the… Read More ›
No-Deal Brexit Could Force Nissan To Write Off $740m
In the eventuality of the United Kingdom leaving the European Union without any deal which would be a worst case scenario, Japanese auto major Nissan Motor will stand to lose more than 80 billion yen or $737 million in asset… Read More ›
Britain clinches Brexit agreement
The keys to the deal lies with the DUP, which provides critical support to Johnson’s government. On Thursday, in a historic development, at the very last minute, Britain has managed to clinch a Brexit deal with the EU. However, British… Read More ›
Brexit deal close but not guaranteed: Jean-Baptiste Lemoyne
Yesterday, Northern Ireland’s Democratic Unionist Party stated it is not in a position to support the Brexit deal being proposed by British Prime Minister Boris Johnson and the European Union. On Thursday, French junior foreign affairs minister Jean-Baptiste Lemoyne disclosed,… Read More ›
EU eyeing emergency summit for Brexit deal: BBC
It is to be seen whether this new emergency summit can lead to a breakthrough. British Prime Minister Boris Johnson’s complicated plan of placing Northern Ireland in a dual customs zone with the UK and EU will require major updates… Read More ›
Regulator Says Preparations For Risks Like Brexit Need To Be Made By Financial Leaders
The leading body for global financial stability has warned that emerging risks to the global economy including a global economic downturn and Brexit has to be addressed by the global authorities gathering in Washington this week. While much has been… Read More ›
Vague US-China Deal Not Enough For Firms To Being Spending And Investing
There is apparently a difference in the manner in which the United States and China view the partial trade deal that the two parties have managed to reach as reported. While it is being viewed as a trade deal by… Read More ›
Russian investors keen to invest in Saudi Aramco’s IPO
The development underscores a growing closeness between Moscow and Riyadh. In a development that underscores growing trade relations between Saudi Arabia and Russia, Kirill Dmitriev, the chief executive officer of Russian sovereign wealth fund RDIF stated, a number of Russian… Read More ›