Trump’s comments have upset South Korea’s stock market which has plummeted despite brightening economic prospects. U.S. President Donald Trump has threatened he will either renegotiate or terminate on what he termed as a “horrible” free trade deal with South Korea,… Read More ›
fallout
United Ireland will leave Britain to join the European Union
This is the position taken by legal experts and is accepted by the current British government led by Theresa May. According to diplomats attending a Brexit summit, the EU leaders should give a formal undertaking to ensure that the British… Read More ›
FCC chairman scraps rules that protect the freedom of the internet
Privacy advocates and conscientious citizens are advised to provide comments “on whether a codified no-blocking rule is needed to protect such freedoms.” On Thursday, FCC Chairman Ajit Pai released a 58-page draft document that details the reversal of the landmark… Read More ›
Boeing petitions U.S. government to launch anti-dumping probe against Bombardier
The move underscores the ferocity of the competition in the booming airlines industry. On Thursday, Boeing asked the U.S. Commerce Department to investigate into alleged unfair pricing and subsidies received by Canadian airplane manufacturer Bombardier, thus adding to the growing… Read More ›
Transitory regulatory framework required: ABPI
The British industry is hoping to closely coordinate and work with the European agencies to retain their edge. However unless they can work up a miracle and secure passporting rights, access to the bloc’s single market will be elusive. Pharmaceutical… Read More ›
Trump Administration launches probe into dumping of cheap aluminum imports citing national security concerns
The probe has the potential to impact China’s economy. No wonder they are concerned at the development. In a significant development with broad implications, the U.S. Commerce Department has launched an investigation to determine whether China and other countries are… Read More ›
The Trump administration likely to protect semiconductor, ship building and aluminum industries citing national security concerns
The Trump administration is leaving no stone unturned to ensure that American business interests are protected from those trying to exploit loopholes and weaknesses in existing treaties. Wilbur Ross, the U.S. Commerce Secretary has told the Wall Street Journal that… Read More ›
FCC moves quickly to replace net neutrality rules
A consortium of internet giants, including Alphabet, Amazon, Facebook and others have made it lucidly clear to the FCC that “the internet industry is uniform in its belief that net neutrality preserves the consumer experience, competition, and innovation online”. In… Read More ›
EU to benefit from the relocation of Britain’s financial industry
EU leaders have prepared a draft guideline for Michel Barnier, EU’s Brexit negotiator Michel Barnier, before the commencing of Brexit negotiations. Leaders across the European Union have warned Britain that if it were to assume that its financial services industry… Read More ›
A 20% duty hike on Canadian timber will make the cost of home material and renovation costlier for U.S. citizens
The U.S. has alleged that Canadian timber is procured from government land while back home in the U.S. they had to cut timber from private lands. It would be interesting to see who own these vast tracts of land and… Read More ›