While China, its main ally, has called for a peaceful resolution to the crisis it has yet to play any significant role in defusing the situation. It has instead started levying economic costs on South Korean companies. On Tuesday, South… Read More ›
Strategy
Decision On Blocking China-Backed Buyout Of US Chip Maker To Be Taken By Trump Soon
President Donald Trump’s economic and diplomatic relations with China will be put under a spotlight when he decides in the next two weeks whether to block a Chinese-backed private equity firm from buying a U.S. chip maker. Gambling that the former real estate dealmaker will… Read More ›
Pressurizing North Korea Is Both ‘Futile’ And A ‘Dead-End Road’, Says Putin
Russian President Vladimir Putin has said that only dialogue without pre-conditions could resolve the North Morea crisis and urged the U.S. and others to avoid going down a “dead-end road” with North Korea. “Russia believes that the policy of putting pressure on… Read More ›
The Japanese Yen and the Euro are rising against the USD following Pyongyang’s testing its nuclear device
Although North Korea’s move have seen many investors moving to Japanese assets, many investors worry that in the event of an actual war, these very assets may lose their shine. With North Korea raising the ante, gold, the Japanese yen,… Read More ›
No reason to doubt North Korea’s testing of an advance hydrogen nuclear device: U.S. intelligence official
A thorough analysis will determine the type of device used as well as its blast radius. According to U.S. intelligence official there is no reason to doubt that North Korea had tested an advanced nuclear device. “We have nothing… Read More ›
Two key pipelines of the United States’ biggest fuel systems are set to go operational on Monday
Hurricane Harvey has raised a bill of up to $180 billion. Following Hurricane Harvey’s devastation in Texas, two key fuel pipelines are set to start working again on Monday in Texas, alleviating concerns of rising retail prices for gas and… Read More ›
Agricultural Advocacy groups, restaurants and Retailers, caution U.S. negotiators on dangers to American agriculture while renegotiating NAFTA provisions
Letters have been sent to U.S. Commerce Secretary and U.S. Trade Representative highlighting the dangerous implications for U.S. businesses and consumers in renegotiating NAFTA provisions. On Thursday, agricultural groups, American retailers, and restaurant have weighed in against the Trump Administration’s… Read More ›
Britain to enter into a bilateral trade agreement with Japan following Brexit
With reduced access to the EU’s single bloc economy, British Prime Minister Theresa May wants to assure her peers and British businesses that she can live up to their aspirations, deliver Brexit, and still manage the economy. As per a… Read More ›
Donald Trump to nominate Robert Jackson to the SEC
Jackson’s appointment will bring the 5 member SEC panel to its full strength which will then push for reducing regulatory commitments for public companies – an agenda that the Trump Administration wants fulfilled. According to person with the knowledge of… Read More ›
Growing U.S. Role Underlined By Harvey’s Impact On World Oil Market
The ripple effect of Texas’s deadly storm, highlighting the growing importance of the U.S. for the global oil industry is being felt by world energy markets, from butane in Asia to gasoline in Latin America and diesel in Europe. The… Read More ›
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