Although Labour, a left-leaning party, has courted bankers in a bid to achieve power, several of its policies are still anticipated to negatively impact the industry’s earnings should it win next month’s election. Labour was once perceived as being antagonistic… Read More ›
Geopolitics
China Calls The Information Sought By The EU’s Electric Car Investigation “Unprecedented”
China’s trade ministry said on Thursday that the European Commission’s eight-month anti-subsidy inquiry has yielded unprecedented amounts of precise information about the supply chains of Chinese automakers, information that may potentially hinder fair competition. In an effort to counteract excessive… Read More ›
Ahead Of The Elections, UK Inflation Drops To The Bank Of England’s Objective Of 2%
In the final print of the crucial economic indicator before the July national elections, the Office for National Statistics reported on Wednesday that U.K. inflation dropped to the Bank of England’s objective of 2.0% in May. The headline number decreased… Read More ›
China-EU Trade Tensions May Boost Exports Of Other Pork Producers
According to merchants and economists, if Beijing bans imports from the European Union in reaction to the intensifying trade tensions, pork exporters from South America and the United States may gain market share in China. Russia, which began exporting pork… Read More ›
China Launches Tit-For-Tat Anti-Dumping Investigation On EU Pork
In reaction to restrictions on its exports of electric vehicles, China has launched an anti-dumping probe into imported pork and its by-products from the European Union. This move seems to be primarily directed at Spain, the Netherlands, and Denmark. The… Read More ›
Chinese Businesses Want Probes Of EU Pork As The Trade Dispute Gets Worse
According to the state-backed Global Times, Chinese companies have formally requested an anti-dumping investigation against pork imports from the European Union, intensifying tensions following the bloc’s imposition of anti-subsidy charges on Chinese-made electric vehicles. After Brussels imposed tariffs of up… Read More ›
China Wants The EU To Stop Its “Wrong Practices” Over EV Tariffs
Beijing said on Thursday that it hoped the European Union would change its “wrong practices” and resolve trade disputes via negotiation. Beijing denounced EU tariffs on Chinese electric vehicles as protectionist conduct. China’s response, along with those of other parties… Read More ›
Ghana Will Postpone Further Supplies Of Cocoa As The Shortage Deepens
The prognosis for the global chocolate market continues to deteriorate as Ghana, the second-largest producer of cocoa in the world, is considering delaying the delivery of up to 350,000 tonnes of beans until the next season as a result of… Read More ›
Growth Of UK Economy Stops In April, A Cause Of Concern For Rishi Sunak
After a robust start to 2024, wet weather contributed to Britain’s economic growth slowing down in April. The opposition Labour Party used this information to criticise Prime Minister Rishi Sunak’s pre-election assertions of a turnaround. The Office for National Statistics… Read More ›
US Fed Is Expected To Maintain Rate Stability And Predict Fewer Rate Reduction In 2024
On Wednesday, the Federal Reserve is expected to maintain current interest rates. This is because the policymakers’ latest economic forecasts are likely to indicate fewer rate reduction this year than initially thought. As the Fed’s two days of deliberations came… Read More ›