Although U.S. Commerce Secretary Wilbur Ross had termed a provision of the USMCA as a “poison pill”, Mexico and China have agreed to interpret it differently: they have emphasized that it does not impact bilateral trade relations between countries that… Read More ›
Geopolitics
Britain needs a new approach towards Brexit: Iain Duncan Smith
Former British lawmaker Iain Duncan Smith on Theresa May’s Brexit strategy. Iain Duncan Smith, a former leader of Britain’s Conservative Party who is a Eurosceptic stated, the party does not need a leadership to bridge the deep divide over the… Read More ›
Saudi Arabia’s Economic Dreams Threatened By Business Backlash Over Khashoggi Issue
It was about a year ago that the Crown Prince of Saudi Arabia Mohammed bin Salman pledged before a host of prominent foreign investors with going ahead with his plans for the transformation of the kingdom’s economy ad drive the… Read More ›
Journalist Disappearance Issue Forces Business Backlash On Saudi Arabia
Those business and media firms that once supported Saudi Arabia’s Crown Prince Mohammed bin Salman have now turned against the kingdom over the alleged disappearance of journalist Jamal Khashoggi. Major partnerships have been put at risk and a major conference… Read More ›
India To Purchase Russian Missile Defense Systems Despite Chance Of US Sanctions
Despite warnings of sanctions from the United States, a weapons deal worth $5 billion was signed between India during the visit of Russian president Vladimir Putin to India mfor the annual bilateral meeting which was aimed at discussions cooperation opportunities… Read More ›
IMF Warns World ‘Would Be Poorer’ Due To Full Blown Trade War
The latest assessment of the global economy by the International Monetary Fund warned that the world would become a “poorer and more dangerous place” because of the trade war between the US and China. The forecast for global growth for… Read More ›
Brexit divorce deal almost within grasp: sources
This is coming from diplomats who were present at the negotiations. According to two sources present at the meeting where Brexit negotiations are being discussed, a divorce deal with Britain is “very close” to being realized. Both sides are pushing… Read More ›
U.S. diversifying agriculture trade: U.S. Agriculture Secretary Sonny Perdue
Feeling the pinch of being too dependent on one nation for the sale of its agricultural products, the trade war has made the U.S. realize that it needs to diversify its agricultural trade exports. U.S. Agriculture Secretary Sonny Perdue has… Read More ›
Britain’s Brexit bill slated to rise with increasing EU budget liabilities
Although Britain is set to leave the EU in March 29, 2019, it has agreed to pay its share of debts and liabilities assumed by the EU until the end of 2020. According to EU data released on Thursday, Britain’s… Read More ›
Qatar drags Saudi Arabia to WTO over IP violations
Qatar has accused Saudi Arabia of not taking actions against the piracy of one of its broadcaster’s content in the Kingdom. As per a statement from Qatar’s economy ministry, proceedings against Saudi Arabia at the World Trade Organization (WTO) have… Read More ›