On the campaign trail, Trump had called the TPP a job killer and a disaster. The withdrawal of the US from the 12-nation trade deal would make pointless. With U.S. President-elect Donald Trump stating he would withdraw from the pan-pacific… Read More ›
Geopolitics
As Italian Vote Looms, Currency Vigilantes get Ready to Strike Again
The newly empowered currency vigilantes are slated to get their latest chance to pounce by Italy’s constitutional referendum. The best way to express concern that Prime Minister Matteo Renzi’s reforms will become the latest victim of a rising populist mood… Read More ›
A revision of NAFTA could put pressures on U.S. auto industry
Since 22 years, under NAFTA, the auto industry and their suppliers have worked as if there were no borders between Canada, U.S. and Mexico. If Donald Trump revisits the agreement and if Canadian manufacturers and exporters prioritize the U.S. over… Read More ›
British government lacks strategic planning for Brexit: leaked Memo
While the contents of the memo have been leaked showing a government at odds with itself vis-à-vis Brexit, it would be prudent to be on guard, since this could be part of an overall strategy to make EU negotiators feel… Read More ›
Survey by Chartered Institute of Personnel Development shows business sentiment wallowing at its 4 year low
A tough negotiating stance by the Theresa May’s government will only up the risks of a hard Brexit. If the free-movement of labour, a key concept of the EU, is disagreed upon, business sentiments will dip even further, signalling a hard… Read More ›
European Stocks Lose More Ground due to Perceived Trump-Trade Reversal
Equities were sent lower as winners and losers among European stocks swapped places in the immediate aftermath of Donald Trump’s election victory. Riding on bets the moves went too far, industry groups that rallied as Trump defeated Hillary Clinton lost… Read More ›
Asian Countries Face Potential Threats by Trump’s Win
Not just for Chinese growth, but the entire Asia region, Donald Trump’s election as U.S. president poses significant new risks for the Chinese economy just when China’s economy seemed to be stabilizing, The reason: the president-elect campaigned on a policy… Read More ›
Goldman Sachs considering shifting its base of operations from London to Frankfurt – Sources
Goldman Sachs is carefully weighing its options vis-a-vis Brexit. Once Brexit negotiations begin there could be more clarity on the terms of the divorce which in turn could allow it to take a meaningful decision. As per 3 independent sources,… Read More ›
Britain preparing legislation to trigger Article 50
Since divorcing the EU is likely to significantly dent its business potential, Theresa May has started a whirlwind tour to offset this loss, explore further business opportunities and kickstart the stalling British economy. Sky News has reported that Theresa May’s… Read More ›
UAE’s Dubai Aerospace finances Iran’s purchase of 17 jets from Airbus
With its economy being isolated for so long, business deals with Iran has immense potential. According to sources familiar with this move, Iran has broken the logjam in its efforts to buy aircrafts from Airbus. It has reached a deal… Read More ›