The chief of the International Monetary Fund has warned that there would be extension of uncertainty for business if there is a decision to extend the deadline of Brexit by the UK and the European Union. While welcoming the fact… Read More ›
Geopolitics
U.S.-Japan trade talks to commence on April 15-16 in Washington
The trade talks are aimed at finding ways to address Tokyo’s $69 billion trade surplus with the United States. On Friday, Japan’s Economy Minister Toshimitsu Motegi disclosed, Tokyo and Washington are slated to hold their first round of trade talks… Read More ›
Saudi Arabia raises prospects of ditching USD to stop NOPEC bill
If Saudi Arabia were to in fact go ahead with the move it would have significant geo-economic and geo-strategic changes. Riyadh depends on the United States militarily to defend itself against arch rival Iran. In a significant development, Saudi Arabia… Read More ›
Cliffhanger Brexit will have deep impact for select sectors: WTO’s Director-General
The British parliament’s decision on April 12 will be is a milestone that Brexit watchers will be looking at very keenly. According to Roberto Azevedo, Director-General of the World Trade Organisation (WTO), if the United Kingdom were to leave the… Read More ›
Growing consensus in UK cabinet to accept customs union with the EU
This report from The Sun should be viewed with caution since the option to keep Britain in a customs union with the EU, was defeated by three votes during a round of indicative voting on alternative Brexit options on Monday.
Ford Cannot Form Long Term Plans For UK Biz Due To Brexit Uncertainty
United States car manufacturer Ford is yet to finalize its long term plans on for the United Kingdom and the company is already spending tens of millions of euros as it is preparing for a situation of a no Deal… Read More ›
New Zealand’s PM Jacinda Ardern likely to discuss Huawei on her 1-day China tour
Among the things she is likely to discuss with China’s President Xi Jinping and Premier Li Keqiang are, potential upgrade to the 2008 FTA and NZ’s transparency on blocking Huawei Technology’s bid to create a 5G network in the country…. Read More ›
Bolton Says Trump Contemplating More Venezuela Sanctions For Foreign Companies: Reuters
United States’ national security adviser John Bolton told Reuters TV this week that President Donald Trump wants to cut off revenues to Venezuelan President Nicolas Maduro and is considering imposing sanctions on companies from other countries that do business with… Read More ›
Brexit Vote Outcome Devastates British Businesses
Following the latest rejection of United Kingdom prime minister’s EU withdrawal plan by the UK parliament, British business groups have said that they are “devastated” by the current state of efforts to strike a Brexit deal. The business groups have… Read More ›
Chinese Policy On Coal Imports Could Hit Australian Thermal Coal Exports
The revenues that Australia earns form export of coal could suddenly drastically go down if China decides to use more of domestic coal and if competing exports are favoured by continued port restrictions, said reports published in the Australian media… Read More ›