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November 18, 2024
Economy

Trump says a trade agreement with China will be on US terms

August 19, 2019 at 10:41 AM
The is no purpose to a trade deal with Beijing if it is not on Washington’s terms, US president Donald Trump said, shortly after China threatened a retaliation to new US tariffs on its imports. Read More »

Trump says US will not make a trade deal with China

August 14, 2019 at 10:39 AM
US president Donald Trump said that, while talks are progressing with Beijing, no deal has been reached for now, as the two countries attempt to resolve an ongoing trade dispute. Read More »

Trump to impose additional 10% tariff on remaining $300 bln of Chinese imports to US from Sept 1

August 05, 2019 at 12:32 PM
US President Donald Trump said that he will impose additional 10 percent tariff on the remaining $300 billion of Chinese imports starting September 1, as trade war between Washington and Beijing rages on. Read More »

China continues importing Iranian oil in defiance of US sanctions

July 31, 2019 at 10:27 AM
Chinese crude shipments from Iran were 855,638 tons last month, or 208,205 barrels per day (bpd), customs data showed. Imports continued despite Washington’s ending of exemptions given to Beijing for buying Iran’s crude in May. Read More »

Five incredible facts about India’s fast-growing economy

July 29, 2019 at 12:07 PM
A thriving nation with a population of around 1.37 billion people, India is one of the world’s largest economies. It seeks to achieve an ambitious target of becoming a $5 trillion economy in the next five years. Here are some interesting facts that you may not have known about the country. Read More »

Ditching the Dollar: How Yuan Could Boost Its Global Status Amid US-China Trade War

July 18, 2019 at 12:03 PM
The developments come amid the ongoing trade spat between China and the US, which has been simmering since President Donald Trump’s decision last year to impose 25 percent tariffs on $50 billion worth of Chinese goods in a bid to fix the trade deficit. Since then, the two sides have exchanged several rounds of tariffs. Read More »

India to push Japan out of world’s top 3 economies by 2025

July 18, 2019 at 11:57 AM
India is projected to outpace the UK by the end of the year to become one of the world’s top five economies. It will then take it just six more years to overtake Japan as the world’s third largest economy, a new study suggests. Read More »

India & Russia will use their national currencies for defense deals to bypass US sanctions – report

July 17, 2019 at 08:55 AM
Russia and one of the biggest importers of its weapons, India, have decided to use their national currencies to transfer payments for massive defense deals in order to skirt possible US sanctions, according to Bloomberg. Read More »

‘Set your ovaries free’: Tanzanian president urges women to have babies to boost economy

July 12, 2019 at 12:05 PM
The president of Tanzania is urging females to have more children to help boost the economy, despite having one of the highest birth rates in the world. Read More »

Trade war de-escalation? Washington promises not to hit Beijing with new tariffs

July 03, 2019 at 02:53 PM
The US has agreed to not impose new tariffs on Chinese exports following talks between the two countries’ leaders, Donald Trump and Xi Jinping, on the sidelines of the G20 summit. Read More »
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