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 ›
Geopolitics
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 ›
A delegation of high level Foxconn executives visit the White House
Foxconn, the world’s largest contract manufacturer, has loads to talk to the White House. Here’s why … As per footage shown on Taiwanese television, top executives from Foxconn, including founder and chairman Terry Gou, visited the White House on Thursday…. Read More ›
Trump threatens to scrap KORUS, wants payment for THAAD
Trump’s comments have upset South Korea’s stock market which has plummeted despite brightening economic prospects. U.S. President Donald Trump has threatened he will either renegotiate or terminate on what he termed as a “horrible” free trade deal with South Korea,… Read More ›
United Ireland will leave Britain to join the European Union
This is the position taken by legal experts and is accepted by the current British government led by Theresa May. According to diplomats attending a Brexit summit, the EU leaders should give a formal undertaking to ensure that the British… Read More ›
Boeing petitions U.S. government to launch anti-dumping probe against Bombardier
The move underscores the ferocity of the competition in the booming airlines industry. On Thursday, Boeing asked the U.S. Commerce Department to investigate into alleged unfair pricing and subsidies received by Canadian airplane manufacturer Bombardier, thus adding to the growing… Read More ›