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 ›
The number of Western companies looking to exit from Russia is growing with energy giants BP, Shell, HSBC and the world’s biggest aircraft leasing firm AerCap joining the list. Following Russia’s invasion of Ukraine, Western countries have slapped punitive economic… Read More ›
On Wednesday, Japanese Prime Minister Fumio Kishida announced sanctions against Russia over its actions in Ukraine, saying Moscow’s moves are unacceptable violation of Ukrainian sovereignty and international law. Japan’s sanctions include prohibiting the issuance of Russian bonds in Japan and… Read More ›
According to a source briefed on the Phase 1 trade deal, China has pledged to purchase an additional $80 billion of manufactured goods from the United States over the next two years along with just over $50 billion more in… Read More ›
Armed with improved recovery rates, innovative technology and financing, the U.S. has overtaken Saudi Arabia in crude oil production in September 2018 and is within reach of the world’s no. 1 crude oil producer – Russia. In a strategic development,… Read More ›
Australia desperately needs within the next 2 years more installations of wind and solar energy plants to avert severe blackouts. Elon Musk, Tesla’s CEO, has offered to save Australians from their dependency from the state by installing battery storage worth… Read More ›
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