China imposed import duties of up to 212 per cent on Australian wine starting Saturday. This measure was temporary in nature and was aimed at preventing of dumping of subsidised imports of Australian wine, said China’s commerce ministry. The announced… Read More ›
Continuing its efforts in an attempt to bully Australia, on Friday, China’s Ministry of Commerce said, it will temporary impose anti-dumping measures on Australian wine from November 28, 2020. The move will further escalate trade and diplomatic tensions between Canberra… Read More ›
A research commissioned by the Bank of England aiming to find out how long the virus lasts on cash and bank notes has suggested that a low risk of spreading Covid-19 is posed by handling bank notes, said the Bank… Read More ›
If there is no free trade deal between the United Kingdom and the European Union by the end of the year, the car industry of the UK could lose 55.4 billion pounds ($74 billion) in tariffs by 2025, the Britain’s… Read More ›
The first African country to default on its debt in the Covid-19 era was Zambia which opted to leave a $42.5 million eurobond repayment last week. A key rating for Zambia was downgraded from CC to Restricted Default by Fitch… Read More ›
A new law that was announced in the British parliament on Tuesday shows that large fines could be faced by British telecom companies if they are unable to tighten security in their networks. Enhancing the security in the 5G and… Read More ›
In a significant development, top officials from the European Union as well as the head of NATO invited U.S. President-elect Joe Biden to rebuild transatlantic ties. Washington is set to meet its European allies in 2021. NATO Secretary General Jens… Read More ›
Despite a contraction of 5.8 per cent in the economy of Singapore in the third quarter compared to a year ago, the numbers were better than had been previously estimated, said the Ministry of Trade and Industry of the country… Read More ›
The spotlight is once again on the fur industry in Europe following the killing of millions of mink in a mass culling in Denmark after there was an outbreak of coronavirus at farms in the country. All mink would be… Read More ›
During an interview to the BBC’s Andrew Marr, British Finance Minister Rishi Sunak said, the UK wants to strike a free-trade agreement with the European Union; but in near-term perspective, the concern is overshadowed by the COVID-19 pandemic. When asked… Read More ›
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