On Monday, in a statement Israel’s Intelligence Minister Eli Cohen stated, the annual trade between Israel and the United Arab Emirates is likely to touch $4 billion. The development comes in the wake of an announcement by both countries that… Read More ›
diplomacy
EU should play a more influential role internationally: EU President Jean-Claude Juncker
Is it not absurd that Europe pays 300 billion euros a year in US dollars while importing only 2% of its energy imports from the U.S.? On Wednesday, European Commission President Jean-Claude Juncker called on the European Union to promote… Read More ›
Greenland picks Denmark for airport projects over U.S. and China
Greenland aims to expand its airports so as to cater to direct flights between Europe and North America. Incidentally, the decision has a strategic angle attached to it as well. Greenland has picked Denmark as a partner for its… Read More ›
Japan, China seek to restart FX swap lines in sign of warming ties – Kyodo
The currency swap deal will act as a safety net in case of financial turmoil by providing yuan to Japanese banks operating in China and yen to Chinese businesses. On Tuesday, Japan’s Kyodo news agency reported, Tokyo and Beijing are… Read More ›
Chinese exports to the U.S. continues despite U.S. tariffs
Although China’s July exports to the U.S. is marginally lower than June, data shows its exports to the United States has accelerated ahead of the imposition of more tariffs. Despite the rumblings coming from in the intensifying trade war between… Read More ›