In an interview with Bild am Sonntag, Germany’s Labour Minister Hubertus Heil said, Germany’s economic growth could fall to 1.4%-1.5% in 2022, down from 2.7% from the previous year. “We will still be growing,” said Heil. “But this all subject… Read More ›
economic fallout
Debt pile of China’s Evergrande Group poses systemic risk to China’s social and economic fabric
Over burdened with a pile of debt, China’s second biggest property developer, Evergrande Group, is desperate for government support for a restructuring plan that has been waiting for four years, and has warned that it faces a cash crunch that… Read More ›
Trump not likely to assert executive privilege for blocking Comey’s Testimony
The former director of the FBI is scheduled to testify before the Senate Intelligence Committee this coming Thursday. The New York Times has reported citing two senior officials in the Trump Administration who spoke on the condition of anonymity, U.S…. Read More ›
Qatar could play a supporting role for Britain after Brexit
Qatar along with other gulf states is aiming to enter into a free-trade agreement with Britain. Just a day before British Prime Minister Theresa May triggers Brexit negotiations with the EU, Qatar has pledged $6.3 billion (5 billion pounds) for… Read More ›