U.S. shale producers realise that with great power comes great responsibility. In what could potentially offset OPEC’s move to cut oil productions so as to reduce the glut in the global oil pool, U.S. shale oil producers are plotting an… Read More ›
Geopolitics
OECD’s Global Economic Outlook Shows Lots to Worry About
The Organisation for Economic Cooperation and Development is of the view that potential currency volatility, overblown stock markets, or risks from increased trade barriers may not be withstood by the global economy and it may not be strong enough. The… Read More ›
Row Over South Korean Missile Shield Plans Results In Chinese Companies Boycotting S Korean Retailer
After South Korea’s Lotte Group agreed on Monday to provide land to host a US anti-missile system that Beijing sees as a threat to national security, Chinese media reported the several Chinese companies have said that they will no longer… Read More ›
Brexit – Irish economy hangs in the balance
During Brexit negotiations, Ireland could emerge as the UK’s Achilles heel. If physical border controls are placed, it could give rise to a resurgence of violent militant protests. According to Britain’s Northern Ireland minister, a post-Brexit trade deal with the… Read More ›
European Energy Seen to be Dominated by Putin’s Russia for Two Decades
Ever since supplies from its eastern neighbor dropped during freezing weather in 2009, Europe has wanted to wean itself from Russian natural gas. However the region has never been more dependent almost a decade later. Gazprom PJSC accounts for about… Read More ›
VC Founder Says Battle For Fintech Crown Post-Brexit Will Be Between Ireland And Germany
Waiting for the time when the U.K. leaves the European Union (EU), Ireland and Germany are all poised to step up to fill a void as leader of Europe’s fintech scene, according to the co-founder of a global venture capital… Read More ›
Debate Over Who’s Rich Before Czech Election, Debate Over Who’s Rich Ignited by Billionaire
By challenging the proposal on how to tax the rich before fall elections by Czech Prime Minister Bohuslav Sobotka, Czech billionaire Finance Minister Andrej Babis took aim against his governing partner. Cutting down of income tax for earners with monthly… Read More ›
EU’s troop carrier, A400M, hangs in the balance due to huge cost overruns
Seven core nations which have committed themselves to buying the plane, with the largest order coming from Germany. The German response to the cost overruns has been very pragmatic and cool especially since this is a critical military matter which… Read More ›
Brexit negotiations could take more than just 2 years: Jean-Claude Juncker
Britain will have to change more than 20,000 of its laws so that it can complete its divorce proceeding. Furthermore, as a member of the EU, Britain cannot undertake any bilateral agreement(s). Jean-Claude Juncker, the President of the European Commission… Read More ›
Britain dependent on China to offset May’s Hard Brexit stance
For China, Britain is important since it aims to gain from its financial clout and use the country to showcase the fact that a first world nation supports its Silk Road project which is crucial for its prestige on the… Read More ›