On Tuesday, Qatar’s ruler asked the government to delay $8.2 billion in unawarded contracts on capital expenditure projects due to the coronavirus outbreak. The outbreak is likely to negatively impact the Qatari economy and could lead to a recession, said… Read More ›
In a significant development, the U.S. Commerce Department stated, it has finalized a new rule which it will apply to products from countries that it determines undervalues their currencies against the dollar. This could potentially impact China and be a… Read More ›
Moscow aims to trim its exposure from to U.S. sanctions. On Sunday, in a significant development, Russian Economy Minister Maxim Oreshkin stated, Moscow is exploring alternatives to the U.S. dollar for energy transactions and is evaluating currency settlements in euros… Read More ›
If Saudi Arabia were to in fact go ahead with the move it would have significant geo-economic and geo-strategic changes. Riyadh depends on the United States militarily to defend itself against arch rival Iran. In a significant development, Saudi Arabia… Read More ›
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