While there are a couple of scenarios by which Boris Johnson, Britain’s potential next Prime Minister, could deliver on his no-deal Brexit, the most cunning one involves removing them, temporarily of course, from having to deliberate on the issue. A… Read More ›
Manufacturing activity along with capacity utilization in the manufacturing sector are indicative of how much more the economy may be able to grow before inflation becomes a concern. There has been an acceleration in U.S. manufacturing output for the second… Read More ›
Amazon plans on opening a new warehouse in Germany’s western city Moenchengladbach, by the end of this year. Amazon.com Inc, the world’s biggest online retailer stated, it plans on opening a new warehouse in Germany later this year. The move… Read More ›
Qatar’s move is probably aimed at increasing its traction in the Middle East and comes in the wake of Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cutting diplomatic ties with it since June 2017 and have accused Doha… Read More ›
A vote for a No-deal Brexit option should have “absolute clarity” on what it would mean for the British economy. In a significant development, Mark Carney, Bank of England’s Governor made it lucidly clear that Britain could opt of a… Read More ›
Instex – the European trade vehicle is a barter system that circumvents U.S. sanctions. On Monday, in a significant development, Germany’s Foreign Minister Heiko Maas stated, all the formal requirements for a European payment system for barter-based trade with Iran… Read More ›
The escalation in the U.S.-China trade war marks a stunning turning point in U.S.-China relations. With the impact of U.S. tariffs on the Chinese economy sinking in, Beijing will have to do a lot more to manage its public image…. Read More ›
in order to mitigate some of the impact of the U.S.-China trade war, Japan plans on laying the groundwork for a hike in sales tax. On Tuesday, Japanese Finance Minister Taro Aso stated the U.S.-China trade war is not likely… Read More ›
A trade war is far better than a weak non-enforceable agreement given China’s history of reneging on its commitments. In order to be more effective, Trump will have to make manufacturing in China more expensive. That should perk up the… Read More ›
Trump’s threat of adding additional tariffs ion $200 billion exports of Chinese goods to the U.S. is most likely seen as a negotiating tactics by Beijing. On Monday, in a move that essentially underscores the impact U.S. trade tariffs are… Read More ›
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