Saudi Arabia’s Crown Prince who has initiated a spree of social and economic reforms in the kingdom has been warned for his “sinful projects” by Al-Qaeda in the Arabian Peninsula. The warning was published in a bulletin released on Friday. Some… Read More ›
Geopolitics
U.S. steel tariff to have little impact: Salzgitter
Salzgitter is the second largest steel producer in the EU. On Friday, Germany’s second-largest steelmaker, Salzgitter said, it expects U.S. steel tariffs to have limited impacts on its business. “Our direct exposure is small,” said Salzgitter’s spokesman while declining to… Read More ›
U.S. trade action risks alienating key allies
Although Trump’s ‘America First’ policy looks good on paper, the way it is being implemented could see more than 2 million jobs being lost n the very states that voted for Trump and his candidates. Following the imposition of stiff… Read More ›
Japan calls on joint efforts with U.S.to block Chinese market-distorting investment practices
The requests came on the sidelines of the G7 finance ministers meeting in Canada. As per a senior official from Japan’s ministry of finance, Tokyo has called on the United States to join its efforts in stopping Beijing from making… Read More ›
Why Global Investors Are Worried About The Italy Political Crisis
Global investors are apparently freaked out by the political crisis in Italy. There were demands by investors for higher returns against them taking on Italian government debt even as there was a downslide in the global markets on Tuesday. There… Read More ›
US Defense Secretary Says US Will Keep Challenging China In South China Sea
South China Sea, the region where China has managed to create significance military presence, would be continued to be challenged by the United States, said the country’s defence secretary Jim Mattis. U.S. wants to challenge the territorial claims that China… Read More ›
Business Confidence In Brazil Falls In May, Could Fall More In June Due To Truck Strike
A report that was released earlier in the week noted that the slow pace of economic recovery in Brazil had dragged down its business confidence index (BCI) for the month of May to its lowest point since November 2017. The… Read More ›
Italian fiasco in Europe impacts shares of banks in the United States
Italy’s failure to form a government is taking a toll on the Eurozone’s economy. Investors nervous at the uncertainty have rushed to invest in U.S. treasury debt instruments, which in turn have sent the USD to its 10 month high… Read More ›
Washington to impose export control norms on China: White House
The United States will announce details of the export control mechanism later today and the final tariff list expected to be published by June 15. In a stern warning to China, the United States made it lucidly clear, it will… Read More ›
U.S. wants improve market access for its poultry exports to China
The issue is likely to be among the top priorities of U.S. Under Secretary of Agriculture Ted McKinney, who is scheduled to visit Beijing later this week to hold trade talks with his counterpart. According to three sources briefed on… Read More ›