It all comes down to whether Irish Prime Minister Leo Varadkar is open for further negotiations. According to a report from the Spectator citing a contact in Downing Street, the British government is preparing to end Brexit negotiations by this… Read More ›
Despite concerns that increasing sales tax would have an adverse impact on the domestic economy, Japan has stuck to its earlier announcement of increasing consumption tax on goods for the first time in the last five years. The decision had… Read More ›
While slashing its forecast for growth in global trade for the entire of 2019, the World Trade Organization also issued a warning against a threat to loss of jobs and a drop in living standards because of the outbreak of… Read More ›
These new tariffs are likely to significantly impact numerous U.S. small and medium sized family businesses which import these European goods into the United States. In a significant development that sees a further escalation of the U.S.-EU trade war, the… Read More ›
The latest geopolitical risks in the Gulf and Middle East and increasing concerns about the safety and security of the economic infrastructure of Saudi Arabia has forced major ratings agency to bring down a notch the generally strong credit rating… Read More ›
It is expected that the United States will be awarded a record allowance by global arbiters later this week which will allow the US to impose import tariffs on goods from Europe worth billions of dollars in connection to the… Read More ›
Everything that is possible is being done by the European Union’s chief Brexit negotiator Michel Barnier and the European Commission President Jean-Claude Juncker but the responsibility of a no-deal Brexit would rest on the United Kingdom, said Juncker . The… Read More ›
The new head of the International Monetary Fund (IMF), Bulgaria’s Kristalina Georgieva, has said that the global economy should be prepared to handle another fresh round of economic downturn. She has been chosen to head the Washington-based organization amid a… Read More ›
An initial agreement on trade and tariffs has been agreed upon by the United States and Japan that will either completely remove or bring down the rate of tariffs on some products identified in the deal that are exchanged in… Read More ›
According to fresh analysis of their climate disclosures, it is unlikely that the targets set out in the Paris climate agreement by 2050 would be met by more than 20 per cent of the largest companies of the world. This… Read More ›
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