There is no doubt that global boundaries disappeared with the Internet. Especially in global trade, the removal of borders via the internet has enabled people from all over the world to trade or invest easily. While Foreign Exchange markets...
In line with the gradual removal of the tight quarantine measures implemented after taking Covid-19 production rate under control, the economic activities relaunched and created a cautious optimism in the markets.
China, the epicentre of the outbreak in particular, is...
American and Chinese trade negotiators on Thursday re-started face-to-face talks for the first time in over two months.
Low-Level Talks
A delegation of Chinese officials headed by Vice Finance Minister Liao Min, met with Deputy USTR Jeffrey Gerrish at the US...
British GDP
According to data released by the UK National Statistical Office on Tuesday, the gross domestic product of the island country in May rose only by 1.8%. This figure was well below the expectations of 5.5%.
British GDP had undergone...
Investors worldwide await a set of measures to be announced later today by the US President Donald Trump against China about the Hong Kong crisis.
Trump’s Hong Kong Statement
Trump will make an announcement later in the day about the steps...
US President Donald Trump on Tuesday rejected fears that the trade war with China will linger much longer and lead to a recession.
A warning from Beijing
He, instead, claimed that “massive amounts of money from China and other parts of...
US Federal Reserve Chair Jerome Powell on Wednesday spoke against the possibility of negative interest rates for the US economy.
Powell Pushes Back Against Negative Rates
Powell’s remarks at the congressional Joint Economic Committee seemed to go against President Donald Trump’s...
Coronavirus Toll As of April 13, 2020;
Number of Cases Worldwide: 1,859,011
Deaths: 114,979
Mortality Rate: 6.3%
Source: John Hopkins University
Allies led by the Organization of Petroleum Exporting Countries OPEC and Russia reached a consensus on Sunday to balance the oil sector hit...
European Union’s chief Brexit negotiator Michel Barnier said that he was unimpressed by threats of a no-deal Brexit that UK ruling Conservatives’ two leadership hopefuls are putting forward. Barnier said if the UK went for a no-deal situation it would...
US President Donald Trump said in a letter to the Congress on Monday that Washington had reached a trade deal with Tokyo.
Vagueness on Auto Tariffs
Trump stated that the agreement could be put in practice “in the coming weeks” without...
