New Australian law to counter Chinese influence

New Australian law to counter Chinese influence

Canberra: The Australian parliament has passed a new law awarding veto rights to the government to stop the increasing Chinese influence. The new law gives rights to the government to cancel any agreement signed by any agency or institution, including a provincial administration with any foreign government or company. Although the law says any foreign […]

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Australia-China trade war erupts 

Australia-China trade war erupts 

Canberra/Beijing: – Trade war has been sparked between Australia and China and China has given indications of stopping the import of seven Australian products. Although China has not announced the decision on the official level, it has ordered the Chinese industry to stop imports of Australian products. These include prawns, coal, wood, sugar, copper, barley […]

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Indications of a new flareup in US-Europe trade war, President Trump threatens to impose taxes

Indications of a new flareup in US-Europe trade war, President Trump threatens to impose taxes

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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Poland repatriates 100 tonnes of Gold from Bank of England to increase the capacity of the economy

Poland repatriates 100 tonnes of Gold from Bank of England to increase the capacity of the economy

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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US-China trade war could culminate into war, warns senior US statesman Henry Kissinger

US-China trade war could culminate into war, warns senior US statesman Henry Kissinger

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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China pressurising India to participate in RCEP, India prepares to reply

China pressurising India to participate in RCEP, India prepares to reply

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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Australia set to take China on, in the Rare Earth mineral sector, Chinese exports in that sector decline by 18%

Australia set to take China on, in the Rare Earth mineral sector, Chinese exports in that sector decline by 18%

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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New flareup in US-Europe trade war, European airplanes, machinery, coffee and many other products taxed between 10 and 25%

New flareup in US-Europe trade war, European airplanes, machinery, coffee and many other products taxed between 10 and 25%

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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