Washington/ Beijing: The United States delivered a major jolt to China, who was eying to take over major companies around the world by making huge investments. The US Senate has passed a bill to expel the companies violating the laws. Although the bill mentions foreign companies, the bill is primarily to target Chinese companies. Senator […]
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Davos: US President Donald Trump has threatened that ‘Europe is fully aware that if they do not sign a proper and a fair trade agreement with the United States, we can impose taxes on them.’ This threat by Trump indicates a new flareup of a trade war between the two leading economies of the world. […]
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Warsaw/London: Poland, an important country and a leading economy in Europe, repatriated 100 tonnes of gold. The Polish central bank, ‘National Bank of Poland’ informed that this step has been taken to increase the capacity of the national economy. But the analysts have claimed that the crucial factors behind this repatriation are the uncertainty in […]
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Beijing: “If a conflict is permitted to run unconstrained, the outcome could be even worse than it was in Europe. World War I broke out because of a relatively minor crisis … and today the weapons are more powerful,” warned former US Secretary of State and senior Statesman Henry Kissinger. While addressing the symposium ‘Bloomberg […]
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New Delhi: India has refused to sign the ‘Regional Comprehensive Economic Partnership’ (RCEP) agreement. After this, China has increased cooperation with other regional countries to pressurise India to sign the agreement. While China has been taking these efforts, India has initiated steps to get the status ‘Generalised System of Preference’ (GSP) reinstated from the United […]
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Canberra/Washington: There seems to be a new turn in the China-Australia relations, which are already strained, over the last few years. Australia talking tough regarding the issues of the South China Sea and Chinese interference in other countries has prepared to challenge the Chinese domination in the Rare Earth Minerals sector. Talks have already been […]
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Washington/Brussels: After receiving the verdict from the World Trade Organisation (WTO), the United States has decided to levy taxes on the European Union. These US taxes have caused a new flareup in the trade war between the two largest economies of the world. US President Donald Trump welcomed the verdict of the WTO and justified […]
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Ankara/Moscow: – Russia and Turkey, already cooperating on the issues like Syria, Iran and Venezuela, have initiated steps to strengthen bilateral economic cooperation. Russian President Vladimir Putin gave this information during his visit to Turkey. As per this, both the countries will soon be starting trade transactions in their local currencies and an agreement to […]
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Washington/ Beijing: The ongoing trade war between US-China is no longer a mere threat to the global trade war crisis. The impact of this war on the economy is already visible,’ saying, so the International Monetary Fund has predicted a decline in the global economy next year by 0.8 %. For the second time in […]
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Moscow: Experts at the international level have been warning that US-China trade war, uncertainty regarding Brexit, tensions over the Iran issue and the sanctions imposed by the United States against various countries would be the factors precipitating a global recession. Against the backdrop of this looming recession, it is reported that Russia has increased its […]
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