It isn’t clear how these deals will have an economic impact given the fact that despite a 2012 WTO ruling, China has yet to issue operating licenses to Visa & MasterCard to operate in China. On Thursday, U.S Commerce Secretary… Read More ›
Geopolitics
To Fend Off Populist Threat, EU Wants Tougher Global Trade Rules
In a fresh effort to fend off the inequalities of globalisation that have been seized on by hard-right nationalists such as Marine Le Pen of France, Europe will press the US and China for tougher world trade rules. The European Commission called… Read More ›
Britain will benefit if its stays within EU’s energy market mix
Here are highlights of the Chatham House’s report which delves into Britain’s energy future. Chatham House, a think tank is of the opinion, it would benefit Britain if she were to remain in EU’s energy market and carbon trading scheme… Read More ›
Aging Population And Productivity Are Asia’s Top Problems As Singled Out By The IMF
The International Monetary Fund (IMF) warned in a new report on Tuesday that the medium-term picture in the Asia Pacific region is weighed down by an aging population and sluggish productivity even though the global financial agency says that the long-term… Read More ›
May’s hard Brexit stance pushing financial institutions to relocate to EU
Based on Theresa May’s Brexit stance, most large banks in Britain are working on the assumption that that the most likely outcome of Brexit will be Britain losing its access to EU’s single market and resulting in ‘Hard Brexit’. As… Read More ›
European markets celebrate Macron’s win of the French Presidential elections
The youngest leader in the G7, Macron’s win essentially consolidates the irreversible progressive consolidation of unity against a backdrop of disruptive elements. With Emmanuel Macron wining the French elections, investment markets in Europe were in a celebratory mode. Although polls… Read More ›
Germany to help transform Saudi Arabia’s economy
Oil-exports-dependent Saudi Arabia is pushing to diversify its economy. With German Chancellor Angela Merkel’s visit to the country, Saudi Arabia has let it be known that it wants to partner German companies, including, Siemens and SAP, to further the kingdom’s… Read More ›
At Southeast Asian Leaders’ Meeting, China Scores Tacit Victory
In a situation where U.S. allies in Asia have previously criticized Beijing over its actions in disputed maritime territory, China won approval from Southeast Asian leaders on Saturday at a meeting. With a statement noting “the improving cooperation between Asean… Read More ›
South Korea Presidential Frontrunner’s Aide Says Paying For THAAD ‘Impossible’
A top foreign policy adviser to South Korean presidential frontrunner Moon Jae-in said on Friday that U.S. President Donald Trump’s suggestion that Seoul pay for the THAAD advanced U.S. missile defense system would be an “impossible option”. He wants South… Read More ›
Trump Wants Payment For THAAD Missile Defense System From South Korea, Threatens To Terminate Free Trade Deal
He will either renegotiate or terminate a “horrible” trade deal with South Korea, said U.S. President Donald Trump, reported Reuters. Reuters also said that for the THAAD missile defense system, the president also said he wants South Korea to pay for the… Read More ›
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