Here is how Jean Claude Junker is striving to bridge unity in diversity within the European Union. Next week, the European Union is set to deploy a new financial tool in am attempt to reign in what it sees as… Read More ›
Geopolitics
Comply With WTO Rules, Says China, Opposes Trade Protectionism
The deep integration of the global economy is the reason that everyone would be harmed by unilateralism and trade protectionism and there would be no benefits for anyone, China said earlier this week just as two senior U.S. officials are… Read More ›
China weighing options of reducing import duty on automobiles by 10%-15%
If China goes ahead with the move, it would help foreign automakers to export more cars into China and help reduce price gaps. On Thursday, Bloomberg has filed a report citing sources familiar with the matter at hand as saying,… Read More ›
Fears Of U.S Sanctions On Iran Forces Oil To Touch $75
The possibility of new sanctions on Iran spooked investors and traders which drove the price of crude oil to $75 a barrel which is the highest mark hit by it in more than three and half years. Brent crude reached… Read More ›
China moving back on economic reforms: U.S. Consul general of Hong Kong & Macau
While China has been loquacious about economic reforms and opening up its domestic sector to foreign players, its actions on the ground reflect broken contracts and non-compliance of WTO rules. On Tuesday, the U.S. consul general of Macau and Hong… Read More ›
Billions Of Facebook Users Would Be Left Outside Of European Privacy Laws
According to the new terms of service that have been introduced by Facebook, it is being estimated that about 1.5 billion members of the social media platform would not be covered by the tough new privacy protections that are slated… Read More ›
Global Trade Growth Could Be Hampered By Increasing Trade Tensions: WTO
The World Trade Organization said on Thursday that expansion in global trade could be seriously hurt by the increasing tensions between the U.S. and China. It is expected that global trade in 2018 would be lower than what is was… Read More ›
Warning Against Cold War Mentality Issued By President Xi Jinping Of China
While vowing to further open up the Chinese market and its economy, Chinese President Xi Jinping has issued a stern warned against a “Cold War mentality”. In what appears to be an effort to calm down a trade spat with… Read More ›
USD rises against the yen midst increase in risk appetite following Xi’s speech
Chinese President Xi Jinping’s speech wherein he has promised to open up China’s economy and cut import tariffs have eased investor concerns surrounding the growing trade conflict between the two of the world’s biggest economies. On Tuesday, with Chinese President… Read More ›
U.S. Shipping Industry To Be By A Potential U.S. – China Trade War
The potential trade war between U.S. and China would significantly impact the global shipping industry. Carrying goods across the oceans aids the maintenance of millions of jobs in the maritime shipping companies because 80 per cent of the total goods… Read More ›
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