OPEC and Russia have been withholding their respective crude oil production levels while oil producers from the U.S., Canada and Brazil have been boosting theirs. As a result of the production cuts, oil prices touched their multi-year high of $80.50… Read More ›
Geopolitics
Trump proposes heavy fine and management change at ZTE rather than impose sanctions on it
With U.S. lawmakers crystallizing their stance on ZTE, which they describe as a “serial and pre-meditated violators” of U.S. law, and given the national security implications surrounding the case, it would be interesting to see the results of the U.S…. Read More ›
Biggest Growth Threat Is Economic Nationalization, Say Global Business Leaders
The greatest treat to the business growth is the rise of economic nationalism as initiated by Brexit, Donald Trump and some populist policies, say business leaders around the world. This was concluded in a study conducted by accountancy firm KPMG… Read More ›
The U.S. and China nearing deal to lift U.S. ban on ZTE Corp
The potential deal underscores the strategic importance tech know-how and market influence are to Beijing while Washington focuses on trade and slashing its trade deficit with China. As per two sources briefed on the talks between the United States… Read More ›
Cost to recruit global talent could rise by nearly 300% in UK
Falling back to the Tier 2 visa system, in the event of Britain failing to secure a bilateral agreement with the EU on the movement of people, is likely to be a costly affair given that Tier 2 visa applicants… Read More ›
More Commodity To Be Imported From U.S. By China, The Countries Announced
While there was no mention of the $200 billion target the United States had stressed on earlier, the U.S. and China have announced their agreement where the later would significantly increase the purchasing U.S. products and services. The countries made… Read More ›
Its Business Interests In Iran To Be Protected By EU In Lieu Of Trump Exit: Juncker
Given the possible fall out in the trade relationship that the European Union had developed with Iran after the lifting of sanctions on this oil produce following the historic nuclear agreement with major Western powers, because of United States President… Read More ›
China prefers no escalation in Sino-U.S. ties during negotiations
With a bulging trade surplus with the U.S., China has potentially much to lose if the trade conflict escalates into a trade war. Furthermore, since its military might is dependent on a booming economy, its efforts at maintaining a calm… Read More ›
Continued Denuclearization Demands By U.S. Could Derail Trump Summit: North Korea
The persistence of the United States that North Korea give up all of its nuclear weapons could result in the rogue state puling out of the proposed talks with U.S. President Donald Trump. This threat was issued as North Korea… Read More ›
Cross-border derivatives contracts worth $35 trillion hangs in Brexit’s balance
ESMA and regulators across the EU are keeping a hawk eye on the mountain of cross border derivative contracts that go beyond Brexit. According to a top regulator from the European Union, the EU may not have enough time to… Read More ›