NBC news quoted US officials in a report which stated that in recent months, production of nuclear fuel for its nuclear weapons has been enhanced by North Korea in more than one site, according to US intelligence agencies. The agencies… Read More ›
Geopolitics
EU leaders unite over screening of foreign investment and Trump’s aluminum and steel tariffs
Although the leaders of the world’s largest trading bloc did not specifically mention China and the United States, the writing on the wall is lucid. On Friday, leaders across the European Union pledged to act unanimously and firmly against protectionism… Read More ›
Chinese yuan touches new low as trade tensions continues
According to Gao Qi, a FX strategist at Scotiabank, the yuan is likely to find strong support at 6.70 yuan per dollar. On Friday, the Chinese yuan touched a new low and was on course to perform its worst ever… Read More ›
Threat To Thousands Of Jobs And Price Hike Due To US Tariffs, Warn Automakers
If the United States imposes the proposed 25 per cent import tariff on vehicles would lead to job losses amounting to hundreds of thousands in the auto sector in America, steeply increase vehicle prices and stunt investment in self-driving cars,… Read More ›
Brexit Custom Costs Will Increase Price Of Cars: BMW
Custom arrangement costs because of Brexit would increase price of its vehicles, BMW has said, The making of cars such as the Mini would become costlier because of new border systems and warehousing, said Ian Robertson, BMW’s UK special representative…. Read More ›
Scotland’s Sturgeon priming itself for elections in autumn 2018
The UK has seen 4 elections in an equal number of years. In a significant development that could potentially have a bearing on Brexit negotiations, Nicola Sturgeon, Scotland’s First Minister has moved one of her key allies into a campaigning… Read More ›
BMW will continue producing cars despite Brexit concerns
Earlier comments published by the Financial Times suggested that BMW would move out of Britain due to Brexit-related supply chain disruptions.This report clarifies on that. On Tuesday, BMW’s special representative in Britain stated the automaker is not considering moving its… Read More ›
Australian Strategic Policy Institute finds Huawei Technologies sponsoring overseas trips of Australian politicians
China’s Huawei Technologies Co Ltd, the world’s biggest maker of telecommunications network equipment, is increasingly finding it difficult to break into the U.S. and Australia telecommunication market on security concerns. A report by Australian think-tank Australian Strategic Policy Institute (ASPI)… Read More ›
Australia strengthens defense ties with U.S. with purchase of 6 Triton drones worth around $6 billion
The remotely piloted aircraft, made by U.S.-based Northrop Grumman Corp, will beef up the country’s long range operations, marine patrols and intelligence gathering. On Tuesday, Australian Prime Minister Malcolm Turnbull stated, Australia will purchase 6 U.S. Triton remotely piloted aircraft… Read More ›
Demand for LNG to outpace crude oil in the next 2 decades
France’s Total SA, a big player in the global LNG market, is positioning itself strategically across the length of the LNG supply chain – from production, liquefaction to shipping and sales, to reap the growing bounty. The global natural gas… Read More ›
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