The trade data could further push Washington to impose the next slab of tariffs on U.S. import of Chinese goods worth $200 billion. Customs data disclosed on Saturday showed China’s trade surplus with the United States has widened to a… Read More ›
Geopolitics
Almost 10% Increase In US Trade Deficit In July Despite Tariffs
If the July trade deficit of the United States is anything to go by, then the largest economy in the world is potentially heading to wards recording its highest trade deficit for 2018 in a decade according to analysts. The… Read More ›
China to adopt strong measures against any new U.S. tariffs
Despite U.S. trade measures the Chinese economy has albeit slowed down a little but has maintained its growth momentum. With U.S. President Donald Trump threatening to impose 25% tariffs on U.S. imports from China worth $200 billion, on Thursday, China’s… Read More ›
Brussels sticks to planned standstill plan over Britain’s demand for broad access to EU banking
Brussels will consider Britain’s request only after the transition period which ends at the end of 2020. As per a senior official from Germany’s finance ministry, the European Union is unlikely to widen the access to its financial markets after… Read More ›
Myanmar Court Sentence For Reuters Reporters Draws Severe Criticism
Despite a recent damning report from the United Nations calling the killings of the Rohingyas to be a genocide conducted by the Myanmar military which increased pressure on the country’s government, a court of the country sentenced two Reuters news… Read More ›
How 5 Emerging Economies Are Being Affected By Recent Rumbles In Emerging Market
The currencies of the emerging economies are being battered – from Argentina’s peso to Turkey’s lira. This year however the emerging economies have been sent into a turmoil and a number of global issues including increasing US Fed rates, political… Read More ›
Reuters poll place chances of hard Brexit at 25%
The poll makes an interesting read on the possibilities facing Britain after March 2019. According to the results of a Reuters poll, there is a 25% chance that Britain will leave the European Union in March 2019 without a Brexit… Read More ›
Britain has a backup plan for a Cliffhanger Brexit
As per Philip Rycroft, Permanent Secretary at the Department for Exiting the European Union (DExEU) Britain’s has provided for such a possibility. On Tuesday, as per the senior most official in Britain’s Brexit ministry, he is confident that plans are… Read More ›
US Says India Might Sanctions Of It Purchases Russian Missile System
India might not be exempt from sanctions by the United States if it decides to purchase weapons and defence systems from, according to top officials of the Pentagon. The comments were made by Randall Schriver, the Pentagon’s top Asia official…. Read More ›
China Says Trade War With US Can’t Be Solved Due To US’s ‘Hard Lines’
The trade dispute between the United States and China would not be solved by the hardline trade war stance that has been taken by Washington, said China’s commerce ministry on Thursday. The ministry expressed its displeasure with comments from US… Read More ›
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