The deal puts in place a system to tackle a shortfall of cash in case of any emergency and adds to existing financial safety nets. On Friday, South Korea stated it has agreed to extend a currency swap deal, which… Read More ›
Geopolitics
NAFTA and its implications for U.S. & Mexican businesses
Here’s how the Trump Administration protectionism could impact the North American economy as a whole. Here’s how protectionism is relevant in an increasingly inter-connected world economy. According to Business leaders attending the U.S. – Mexico CEO conference whose agenda focuses… Read More ›
Bond Markets Creating The ‘Biggest Financial Crisis Of Our Lifetime’, Warns A UK Wealth Manager
Pensioners and retail customers suffering the biggest financial crisis of their lifetimes could be the result of an unruly end to monetary stimulus from global central banks, warned the CEO of a U.K.-based wealth management firm. Bond markets will be… Read More ›
The prospects of a currency swap deal between China and South Korea appear to be “optimistic”
The $56 billion swap deal is South Korea’s largest ever currency swap deal, accounting for nearly 45% of its swap arrangements. The deal is likely to cement economic ties and act as an additional layer of a safety net. A… Read More ›
Boeing had financed Britain’s Monarch Airlines in 2016: Financial Times
The funds were channeled through Monarch’s offshore holding company, Petrol Jersey in several tranches. On Monday, as per a report by the Financial Times, Boeing Co had sunk in $130 million (100 million pounds) into Britain’s now collapsed Monarch Airlines…. Read More ›
North Korea’s Inner Circle Sees Kim Jong Un’s Sister Boosted By Her Brother
Bringing his 28-year-old sister closer to the center of power and tightening the family’s control on the regime, North Korean leader Kim Jong Un has promoted her to the ruling party’s political wing. According to the official Korean Central News… Read More ›
Calm before the storm
As per a senior U.S. official, Trump is said to decertify the Iran nuclear deal in the near future. Emerging from a meeting with U.S. military leaders, U.S. President Donald Trump declared the moment as “the calm before the storm.”… Read More ›
Allow Withdrawals And Avoid Capping Medical Device Prices: U.S. Pressing India For
The United States wants India to withdraw products from the market if they do not wish to sell at government determined rates as the Washington presses New Delhi not to extend price caps on medical devices, said a U.S. trade… Read More ›
In a strategic shift, U.S. South Korea trade talks gain momentum
As per the U.S. Census Bureau, the trade deficit between the two nations have dropped significantly in June 2017. In a positive development that is likely to pave way for future trade talks, South Korea disclosed it was open to… Read More ›
After Boeing Complains They Were Unfairly Subsidized By Canada, US Slaps High Duties On Bombardier Jets
A costly trade war between the U.S. and its neighbor to the north – Canada, can be the result of a ruling by the U.S. Commerce Department about the alleged subsidies for airplanes built in Canada. There have been allegations made by… Read More ›
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