The International Monetary Fund has warned that the pace of global growth for 2019 will be the slowest since the 2008-2009 financial crisis because of the ongoing trade war between the United States and China. It also added that tits… Read More ›
Geopolitics
Analysts Say Global Economy Could Be In A Growth Recession
Some economists fear that a recession could hit the American economy. Those worries are exacerbated by the memories of the last financial crisis because the financial crisis was unfolding furring the last global recession in 2008. Businesses had shut down,… Read More ›
Global Economy Needs To Change Fast Change, Says Former GoE Governor
There will be devastating consequences for the democratic market system because the global economy is slowly but surely sleepwalking towards a fresh economic and financial crisis, believes the former Bank of England governor Mervyn King. There is a possibility of… Read More ›
If Brexit Deal Passes, UK Consumer Sentiment Will Get A Boost, Says Coke CEO
There will be improvement in consumer sentiment if the Brexit dela is passed by lawmakers in the United Kingdom, said Coca-Cola CEO James Quincey. “If it mercifully comes to an end, then yes, I do think that sentiment will improve,… Read More ›
Boris Johnson’s Brexit deal faces stormy clouds in parliament
For Johnson, passing the deal is a do-or-die situation: he has banked on the phrase repeatedly, saying he will get the deal through by October 31, no matter what. On Saturday, British Prime Minister Boris Johnson’s last-minute plan to secure… Read More ›
South Korean Economy Still Sluggish Due To Weak Exports And Investments
Amidst the slowing global business environment, and the uncertainty surrounding the trade wars between the United States and China and the scheduled departure of the United Kingdom form the European Union, growth in the South Korean economy remained sluggish because… Read More ›
The Major EU Goods Targeted By US Tariffs After WTO Airbus Ruling
Price of many products exported to the United States from the European Union have increased because of the tariffs imposed by Washington. Following the ruling by World Trade Organization in favor of the US earlier this month, Washington imposed tariffs… Read More ›
DUP’s Sammy Wilson calls on rebel lawmakers to torpedo Boris Johnson’s deal
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 ›
‘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 ›
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