The 5-Star Movement, a coalition partner of Italy’s ruling party is fiercely opposed to the rail link. On Friday, Italy’s junior minister for infrastructure Armando Siri told Corriere della Sera, an Italian news daily that if work on the high-speed… Read More ›
Geopolitics
China To Focus On Increasing Consumption To Boost Its Economy In 2019
Recent data has clearly indicated slowness in the Chinese economy and the government there is undertaking measures to increase domestic consumption and viewing that as a key cure to spruce up the flagging economy this year. The state planer of… Read More ›
U.S. Budget Surplus In January Reaches 8.7 Billion USD
Even as the United States is reportedly getting close to striking a deal on trade with China which would potentially bring an end to the seven month old acrimonious trade war, latest figures from the U.S. Treasury Department released on… Read More ›
Experts Say US Would Not Slow Down In 5G Tech Due To Huawei Absence
A news report on CNBC claimed that experts believe that in cease of the Chinese telecom giant Huaweri remaining banned in the United States would not impact the speed of roll out of the next-generation 5G mobile networks in the… Read More ›
Donald Trump will accept only perfect U.S-China trade deal: Mike Pompeo
The statement by U.S. Secretary of State Mike Pompeo essentially sets the stage for the forthcoming U.S.-China trade summit. In a media interview, U.S. Secretary of State Mike Pompeo made it lucidly clear that U.S. President Donald Trump will reject… Read More ›
UK Firms Grow At Lowest In Six Years Sue To Brexit And Global Trade Concerns
A survey by the Confederation of British Industry has shown that concerns over a no-deal Brexit and rising global trade barriers were the primary factors that slowed down British businesses growth to its lowest rate in almost last six years…. Read More ›
U.S.-China trade deal possible during summit: WSJ
Trump has made it clear that unless he is satisfied with the terms of the trade deal, he will walk away from it. As per a report from the Wall Street Journal, high level negotiations between U.S. President Donald Trump… Read More ›
UK’s mortgage approvals and consumer spending defy Brexit pressures
In what is typically British, consumers have thrown Brexit-related caution to the wind and have upped their risk appetite. Here’s a snapshot of data coming out of the Bank of England. On Friday, data from the Britain’s central bank showed,… Read More ›
India: two years after demonetization, what is the result for the most vulnerable?
In November of 2016 the Indian prime minister, Narendra Modi, announced that all 500 rupee and 1000-rupee bank notes would be cancelled immediately. The government said that this was to tackle ‘black money’, illegal, untaxed funds that were held largely… Read More ›
Delayed Brexit adds to uncertainty: Aston Martin’s CEO
British lawmakers will be taking a vote on delaying Brexit on March 14 – just two weeks ahead of its scheduled departure. Following British Prime Minister Theresa May promise to lawmakers that she would provide them an opportunity to extend… Read More ›