Despite Boris Johnson’s own admission that “Time is very short”, he wants to renegotiate the Brexit deal by October 31. On Tuesday, British Prime Minister Boris Johnson fired his opening salvo at the European Union, as negotiators from both sides… Read More ›
Geopolitics
U.S. lifts 10% tariffs on select Chinese imports
The bulk of the items excluded from the 10% tariffs hike, which will go into effect from September 1, includes household furniture, internet modems, routers and baby items. In a significant development, the Trump Administration has lifted import curbs on… Read More ›
As Latest Trump Tariffs Set To Be Imposed, Analysts Look For Signals Of Consumer Pressure
Investors in the United States and elsewhere would be keeping a close watch on the quarterly results of US retailers that would start coming starting next week as well as the release of key consumer sentiment and retail sales data,… Read More ›
Indonesia-EU Trade Dispute Could Be The Next Trade War
While the global markets, economists, investors and analysts are busy closely watching the developments of the trade war between the United States and China, there is another potential trade war that is brewing the European Union and the commodity giant… Read More ›
Latest US Sanctions Against Venezuela Criticized By UN Human Rights Head
The sanctions by the United States against the South American country Venezuela has been severely criticized by the heads of the United Nations Human Rights. The latest sanctions have been called as “extremely broad” and they have the potential to… Read More ›
Shrinkage In UK Economy – First Since 2012
There is shrinkage in the United Kingdom economy in for the first time in almost seven year and it could be pushed into a recession because of Brexit. The Office for National Statistics said Friday that there was a contraction… Read More ›
U.S. trade action hammer’s China’s producer price Index to lowest in 3 years
While China’s producer price index (PPI) fell to its 3 year low, the consumer price index (CPI) rose by 2.8% in July. On Friday, in a development that underscores the effectiveness of Washington’s trade action against Beijing, China’s factory gate… Read More ›
No Deal Brexit Could See Weeks Of Fresh Food Shortage In UK
If there is no deal between the United Kingdom and the European Union before the Britain leaves the block, UK consumers could go for weeks, or even months without some of their favourite fresh foods, warned UK’s food and drink… Read More ›
US-China Trade War Not To Affect Adidas Prices, Company CEO
The price of Adidas shoes for customers would not be impacted by the latest announcement by United States president Donald Trump of 10 per cent tariffs on $300 billion of Chinese goods imported into the country starting September 1, said… Read More ›
Mediation Convention For Settlement Of Trade Disputes Singed By U.N. Members
Amidst the growing incidents of cross border trade disputes and the resultant chaos and bit to the global economy, and agreement was signed by the members of the United Nations on Wednesday called the Singapore Convention on Mediation which aims… Read More ›