American-Iran relations have been progressively deteriorating since US President Donald Trump withdrew in May 2018 from his predecessor Barack Obama’s signature foreign policy achievement of the Iran nuclear deal between Tehran and world powers.
Mark Carney, a Canadian who has led the Bank of England (BoE) since 2013, is finally on the way out after his extended stays on the job to steer the British economy during the tumultuous Brexit process.
While US President Donald Trump’s at times flaring unpredictably erratic behavior risks a derailment of the talks - even as the world’s two largest economies and trade partners signal an imminent deal, we at the Limit Markets take a look at the figures and reasons why along with a timetable of important turns in this saga with global ramifications.
The US decision to end the sanctions waivers for eight major Iranian oil consumer countries came into force today. US Secretary of State had earlier announced that that the Trump administration aims to reduce Iranian oil exports to zero.
Negative interest rate policy (NIRP) is one of many monetary policy instruments implemented by central banks. Negative interest rate has been used to combat concerns surrounding slowing growth and inflation.