By allowing Brexit talks to touch on trade before the two sides agree to a specific exit bill, European governments may give U.K. Prime Minister Theresa May political cover, reported news outlet Bloomberg citing information from two people familiar with the plan. By the time – December, the new German and French governments will be…
The seriousness with which U.S. President Donald Trump is viewing his intention to enforcing trade rules was exhibited by the U.S. governments’ new tariff averaging 20 percent on Canadian timber imports, said the Commerce Secretary Wilbur Ross. “The Trump administration has been much more focused on enforcement than had been true previously,” he said, taking a…
The head of the biggest U.S. business lobby group said that by the middle of next year, a basic accord over reworking the North American Free Trade Agreement (NAFTA) would most likely be reached by the United States, Mexico and Canada. Pledging to ditch it if he could not rework terms in favor of the…
Elements attributed to Russia are trying to weaponise information through a campaign of disinformation and misinformation while trying to influence national policies through the globe. As per the results of a study conducted by researchers from Oxford University, French voters are increasingly being flooded with false stories on social media ahead of the country’s presidential…
In recent years, LeEco has grown so fantastically that it faced financial issues. Its founder termed these issues as the “big company disease.” LeEco, a recent Chinese tech company with global ambition whose businesses have ranged from electric vehicles to smartphones, has been forced to abandon its proposed $2 billion acquisition of Vizio, a U.S.…
Japan and the U.S. are coordinating to prevent the Chinese from acquiring it. The Japanese government and the Trump administration are coordinating to ensure that Toshiba Corp’s Westinghouse Electric Co bankruptcy does not lead to U.S. technology secrets and infrastructure falling into the hands of Chinese. Last month, Toshiba’s Westinghouse had filed a bankruptcy having…
It could soon be more expensive to visit one of the world’s hottest and most expensive holiday destinations. Iceland’s government is considering ways of raising taxes in the tourism sector being overwhelmed by a record number of visitors in spite of its far-flung location. Limiting sightseers’ access to the country’s most popular spots wld be…
As center-right Prime Minister Mark Rutte looks on course for victory following the country’s biggest election in a generation, the Dutch establishment held strong under a growing wave of populism. Concerns over a continued rise of populist sentiment across Europe were prompted by the anti-EU Geert Wilders’ Freedom Party appeared to make significant gains and…
Placing charges stemming from the hacking of at least half a billion Yahoo accounts, two Russian intelligence officers and two other people were indicted by the U.S. Department of Justice. The Justice Department said that information about “millions of subscribers” at Yahoo, Google, and other webmail providers were mange to be gained by the defendants that…
According to a new report prepared and released from the House of Lords, if politicians can’t do a deal to avoid the costs of leaving the EU customs union, growth in Britain will be damaged. According to 2016 figures from the Office for National Statistics, with almost £357 billion ($431 bn) of goods flowing between…
