Following the decision of the U.S. government to ban U.S companies from selling vital components to the Chinese company ZTE, it has stopped its primary operations in the country, the company announced on Wednesday. The U.S. government had taken the step last month. This has put the company at the center of the ongoing trade…
Australian Prime Minister Malcom Turnbull intends to bankers and financial advisers to provide advice to customers in a plain language and record those conversations. The prime minister says that too many cases have been found where customers were given a secondary focus and he is not pleased and is disappointed with the outcomes of the…
Is an end opt the trade tensions and the looming trade war between India and China in sight? Such questions were raised after the U.S. President Donald Trump announced the visit of some of his top economic advisers to China. Trump said on Tuesday that the delegation would be leaving for China “in a few…
According to a summary of the findings of four testing laboratories of the Organisation for the Prohibition of Chemical Weapons (OPCW)- the global chemical weapons watchdog, published on Thursday, the findings and conclusion of the British investigations in the case of the nerve agent used in last month’s murder attempt on a former Russian spy…
It seems that life is pretty good in Australia. The country’s GDP rate is growing slowly but steadily, and The World Happiness Report ranked Australia tenth in the list of the happiest nations. Also, Australia comes seventh in the ranking of the most cashless countries in the world, behind only Canada, Sweden, the UK, France,…
American products such as cranberries, orange juice, whiskey and tobacco were targeted by the European Union leaders after the United States imposed tariff on steel and aluminum and the EU was trying to avoid the tariffs earlier this year. And the list of 106 U.S. products that was taken out by China as a retaliatory…
Even as Russia has bene attempting to discredit the U.K. in its investigations in the alleged Russian links into the poisoning of the former spy in southern England, the U.K. government said that all indications coming out of the investigations point towards Russia. “There is no doubt that we have found nerve agent, that nerve…
The U.S. and China could end their trade hostilities and it is hoped that an agreement can be reached between the two countries in order to satisfy U.S. President Donald Trump not to impose tariffs on at least $50 billion worth of goods imported from China, said U.S. Treasury Secretary Steven Mnuchin. He said this…
As an Air India flight from New Delhi landed at Ben Gurion Airport in Israel, history was made as this is the first time that a commercial flight has been allowed into Israel through Saudi Arabia as the Middle eastern country opened up its skies to Israel. A diplomatic shift for Riyadh was reflected by…
Although the U.S. action could result in a tit-for-tat trade war, its biggest impact would be the breakdown of supply chain of multinational giants, including Apple Inc and General Motors Co. The presidential memorandum signed by U.S. President Donald Trump, which targets up to $60 billion in Chinese goods, is the start of a long…
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