Recent Posts - page 523

• China To Cut Tariffs On Some Products Including Pork To Boost Trade

  By admin2 on December 23, 2019 • ( 0 )

  

  Next week, tariffs on hundreds of goods will be reduced by China as part of its efforts to shore up trade to provide a boost to its slowing economy and to cushion the impact of a devastating swine fever epidemic…. Read More ›

• Emissions Scandal Sees Record Fine Imposed On VW In Australia

  By admin2 on December 23, 2019 • ( 0 )

  

  A record fine was imposed by Australia’s consumer watchdog over the German auto giant Volkswagen (VW) as part of the deal by the company to settle the scandal of the carmaker over its emission scandal which ripped the company through… Read More ›

• Economic Crisis Hit Lebanon Has A Very Sad Christmas

  By admin2 on December 23, 2019 • ( 0 )

  

  The struggling economy of Lebanon has seen a shortage of shoppers in the country’s streets. A report published in the news agency Reuters showcased the clothing shop of Rafi Tabakian in a Beirut suburb that was empty which otherwise would… Read More ›

• EU Unhappy With Boris Johnson’s Push For A Hard Brexit

  By admin2 on December 23, 2019 • ( 0 )

  

  Chief negotiator of the European Union Michel Barnier warned that trade talks between the EU and the United Kingdom could get into trouble if the UK Prime Minister Boris Johnson does not adhere to the red lines drawn by the… Read More ›

• British supermarket giant Tesco suspends Chinese Christmas cards supplier over forced labor report

  By admin1 on December 23, 2019 • ( 0 )

  

  Following a press report of a Chinese supplier of its Chinese supplier of Christmas cards employing foreign prisoners in forced labor camps, British supermarket giant Tesco suspended its contract with the Chinese supplier. “We abhor the use of prison labor… Read More ›

• China to lower import tariffs on select products from January 1, 2020

  By admin1 on December 23, 2019 • ( 0 )

  

  In a statement, China’s finance ministry stated, it will lower tariffs on products ranging from avocado, and frozen pork to some type of semiconductors in 2020. In the coming year, Beijing is scheduled to lower import tariffs, which are lower… Read More ›

• U.S.-China Phase One trade deal to be signed ‘very shortly’: Trump

  By admin1 on December 22, 2019 • ( 0 )

  

  U.S. President Donald Trump stated, the United States and China would “very shortly” sign the so-called Phase One trade pact. “We just achieved a breakthrough on the trade deal and we will be signing it very shortly,” said Trump at… Read More ›

• World Bank Report Shows Record Growth Of Debt In 2018 In EMDEs

  By admin2 on December 21, 2019 • ( 0 )

  

  An analysis in Global Waves of Debt, the World Bank has found that in 2018, a record $55tn in total debts was attributed to the Emerging market and developing economies (EMDEs). The institution said that this was the straight eighth… Read More ›

• EIU Predicts 50% Slower Global Growth Over The Next Decade Compared To The Last

  By admin2 on December 21, 2019 • ( 0 )

  

  A senior and well known economist has predicted that the pace of global economic growth in te next decade will be about half of what the global economy had achieved in the 2010s. Simon Baptist, chief economist at the Economist… Read More ›

• Private equity firm Lone Star acquires BAF’s construction chemicals business for $3.5 billion

  By admin1 on December 21, 2019 • ( 0 )

  

  On Saturday, in a statement BASF’s construction chemicals business stated, Lone Star, a private equity firm has entered into a deal to acquire it for $3.5 billion (3.17 billion euros) on a cash and debt-free basis. The deal, having immediate… Read More ›

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