“These rules have created a cosy cartel which rigs the system in favor of a few powerful and wealthy individuals and corporations… But things can, and they will, change.” – Jeremy Corbyn Jeremy Corbyn, Britain’s opposition leader has vowed to… Read More ›
Donald Trump
Trump wants to use FDI to re-build basic infrastructure in the United States
In a nutshell, here is the essence of the U.S Vice President Mike Pence’s 3 nation tour of Asia. In a strategic development in U.S.-Japan relations, U.S. Vice President Mike Pence is set to meet Taro Aso, Japan’s Deputy Prime… Read More ›
Anbang’s acquisition of Fidelity & Guarantee life falls through
There is more to this deal than meets the eye, especially in the wake of developments that preceded this wherein last month Kushner Companies ended talks with Anbang to redevelop its New York office tower. As per sources familiar with… Read More ›
Hedge funds and non-public private funds pour in money into U.S. shale
Technological advancements in shale oil have made it possible to significantly slash sunken costs. This is primarily the reason why investors are pouring in funds in the U.S. shale sector knowing that even if it were to hit $40 a… Read More ›
Trump wins round one: China offers concessions to avoid trade wars
The Chinese who have earlier used cyberattack as a means of gaining technological superiority in trade have now offered concessions to avoid a trade war. The Financial Times has reported citing officials familiar with the matter at hand, China is… Read More ›
URS Federal Services clinches $3.6 billion contract from the Pentagon
The Donald Trump Administration is focusing on building a stronger military. The contracts are a testament to that end. The Pentagon has disclosed that URS Federal Services Inc has been awarded a contract worth at least $3.6 billion for the… Read More ›
The days of net neutrality are numbered
Ajit Pai, the FCC Chairman aims to overturn the existing net neutrality rules by late April and push for an initial vote by May or June. According to three sources briefed on the matter at hand, Ajit Pai, the chairman… Read More ›
It is in U.S. interest to stay in Paris Accord: U.S. Coal companies
U.S coal companies have argued leaving the Paris Agreement will leave the U.S. in the cold since future energy mix will be determined by other countries and companies. Many big American coal companies have advised the Trump administration to not… Read More ›
Trump Administration pushes $5 billion sale of fighter aircrafts to Bahrain
The Trump Administration is pursuing the sale despite Bahrain’s human rights records. The Trump Administration has notified the U.S. Congress that it plans on pursuing the $5 billion sale of 19 Lockheed Martin F-16 fighter aircrafts to Bahrain along with… Read More ›
U.S. infrastructure stocks slide after weaknesses appear in Trump trade
After the November 8 U.S. elections, the U.S. stock market witnessed a bull run pumped up by Trump’s pro infrastructure promises. But with the Republicans not managing to repeal the Affordable Healthcare Act despite their majority, the shares of infrastructure… Read More ›