British Prime Minister Theresa May’s minority government, depends on Northern Ireland’s Democratic Unionist Party (DUP) to pass legislation in Parliament. In a significant development, for the first time in a decade, the British government is set to impose a budget… Read More ›
Geopolitics
South Korea and China mend ties ahead of Trump’s visit to Asia
The detente in the relationship comes after China officially delinked the difficult conditions South Korean companies operating in China had to suffer since the spat with South Korea’s Blue House saying “China repeated this stance during discussions, saying difficulties faced… Read More ›
Envoys from South Korea and China meet to discuss threats posed by North Korea
South Korea, China and Japan have high stakes if the North Korean threat goes north. The economic and humanitarian costs of a confrontation will be significant, especially for South Korea. Officials from South Korea’s foreign ministry are set to meet… Read More ›
U.K. Departure May Be Eased By EU’s Full Menu Of Non-Brexit Offerings EU’s Full Menu Of Non-Brexit Offerings
As a slew of other big-ticket items starts to fill the EU agenda, gearing up for elections in mid-2019 is the European Union, which has veto power over any Brexit agreement. Making it politically easier for the assembly to approve any… Read More ›
The finer points of the Bombardier Airbus deal
Ever wondered why suddenly the Canadian government selected Airbus when it was actively courting greater economic ties with China following Trump’s threat of tearing apart and renegotiating NAFTA agreement? This makes an interesting read. According to five sources familiar with… Read More ›
North Korea’s exports of iron ore, lead and coal fall to their historic lows
While China had earlier continued to export gasoline and diesel to Pyongyang it has stopped doing so over concerns that North Korea will be unable to pay for the goods. Although export levels have dropped significantly, they are yet to… Read More ›
The Biggest Talking Point At The EU Summit Will Not Be Brexit
A meeting of the leaders of the European Union this week will focus on other simmering crises amid stalled Brexit negotiations instead of Britain’s march out of the block which was once heralded as a crucial moment in Britain’s history and… Read More ›
Tightening oil supplies in the global oil pool leading to higher crude out prices
While OPEC’s price cuts are slowly driving up crude oil prices upwards, analysts from BofA Merrill Lynch have forecast higher crude oil prices for the remainder of 2017 and early 2018 citing rising geopolitical tensions between the U.S. and Iran…. Read More ›
Reimposing economic sanctions on Tehran risks handing an upper hand to Iranian hardliners in negotiations with the West
Any form of reactionary based out of its domestic policy on the international theatre is likely to have significant impact on not only the U.S. economy but on regions surrounding Iran. On Saturday, Germany’s foreign minister warned that the U.S…. Read More ›
If NAFTA were to fail it would put bilateral trade worth $1.2 trillion at risk
Although the U.S. aim could be portrayed as being noble and patriotic – that of reducing the U.S. trade deficit, – the demands of negotiators however risk risk derailing the highly integrated supply chains that U.S. manufactures depend on; it… Read More ›