On Monday, Germany’s Economy Minister Peter Altmaier told German broadcaster Deutschlandfunk, in his assessment uncertainty in the United States is likely to continue for months and clarity would emerge only in spring regarding the direction U.S. policy would take. His… Read More ›
Things are crawling back to normal in South Korea, with South Koreans once again thronging shopping malls, parks and even restaurants as Seoul relaxes social distancing rules midst continued downtrend in coronavirus cases. In recent weeks, a growing number of… Read More ›
Facebook is facing yet another lawsuit over its political advertisement policy on its platform. Washington state’s attorney general has filed a second lawsuit against Facebook Inc over political ads saying the social media giant has once again failed to make… Read More ›
In a development pregnant with possibilities, U.S. Trade Representative Robert Lighthizer stated, the Wuhan Coronavirus pandemic shows that the United States is way too dependent on cheap foreign imports for key strategic medical supplies. The statement underscores the need for… Read More ›
On Tuesday, Turkmenistan stated, it will be importing equipment and materials worth $1.5 billion to build a new city from scratch. The project in the gas-rich Central Asian country is overseen by its President, Kurbanguly Berdymukhamedov’s son. The move is… Read More ›
According to Chinese policy sources, Beijing plans on keeping its inflation target at 3% in 2020, in contrast to speculation that it might raise the bar to give room for extra economic stimulus. The inflation target, which will later this… Read More ›
On Thursday, a leading employer’s group stated, Britain’s plans to introduce a new system for immigration after Brexit is likely to lead to be complicated and cause a shortage of skilled workers. According to the results of a survey, more… Read More ›
On Thursday, Oslo’s statistical agency Statistics Norway (SSB) stated, Norway’s mainland economy, which excludes the volatile oil and shipping sectors, is likely to grow by 2.4% in 2020, up from a 2.2% prediction in September. In a statement, it said… Read More ›
On Monday, in a move that further eases liquidity in China’s slowing economy, People’s Bank of China (PBOC) stated on its website that it was lowering the seven-day reverse repurchase rate to 2.50% from 2.55%. This is the first easing… Read More ›
EU members will decide today on who will represent the block at the IMF. On Friday, European Union member states are set to vote on who will represent the bloc in the International Monetary Fund following a missed opportunity to… Read More ›
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