Is it not absurd that Europe pays 300 billion euros a year in US dollars while importing only 2% of its energy imports from the U.S.? On Wednesday, European Commission President Jean-Claude Juncker called on the European Union to promote… Read More ›
Greenland aims to expand its airports so as to cater to direct flights between Europe and North America. Incidentally, the decision has a strategic angle attached to it as well. Greenland has picked Denmark as a partner for its… Read More ›
U.S. & Saudi energy ministers are scheduled to meet in Washington to discuss ways to boost output and lower global oil prices. On the negotiating table is Saudi Arabia’s long demand for a civilian civil nuclear cooperation which will enable… Read More ›
U.S. President Donald Trump has threatened to slap tariffs on all Chinese exports to the U.S. On Monday, a spokesman for China’s foreign ministry stated, Beijing will respond if the United States was to take any further steps on trade…. Read More ›
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 ›
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 ›
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 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 ›
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 ›
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 ›
