Managing Director of the International Monetary Fund, Christine Lagarde, said on Wednesday that the IMF currently does not see the threat of a global recession due to the escalation of the trade conflict between the US and China and potential US taxes on Mexican imports. However, in an interview...

It own expectations of an escalation of the trade was that the United States has waged with China and threatened to do so with Mexico has been revised by Goldman Sachs.   According to a note sent the Wall Street investment bank on Monday, the chances of the US president Donald Trump’s...

Amid speculations of China dominating in rare-earth exporters’ market, the country showed signs of meeting other countries’ demand on conditions. China has consented to meet demands for “rare earths from other countries” provided they are “reasonable”. However, it will not accept if other countries...

The British non-governmental organization Tax Justice Network (TJN), acting “for fair taxation”, presented the Corporate Tax Haven Index. The paper rates countries by possibilities of tax evasion in corporate law. The top lines are occupied by UK crown dependencies and overseas territories (CDOT)....

Indications that migration control mechanisms could be tightened by Mexico in order to prevent the risks of imposition of tariffs on all goods exported into the United States by President Donald Trump, was found in the words of Mexico’s president on Saturday. He further also expressed his optimism...

All goods imported into the United States from Mexico would face tariffs if the southern neighbor of the US doe not curb illegal immigration into the US, announced US President Donald Trump. A 5% tariff would be imposed on Mexican goods entering the US starting June 10 and would slowly rise...

Amid the race to win the seat of Britain’s Prime Minister, the British Finance Minister warns that leaving without a deal from the bloc should not be an option. The Finance Minister of Britain, on Thursday, May 30, 2019, urged his party members contending to be the successor of Theresa May as the...

The EU authorities have notified the US Chamber of Commerce that they will confiscate the assets of US companies on their territory if American firms try to seize the assets of European companies in Cuba through court, Bloomberg reported with reference to a written notice sent to the US Chamber of...

A contraction hit the Brazilian economy in the first quarter of the current year which is the first contraction for the economy since its recession in 2016. According to government data, the contraction was of 0.2 per cent in comparison to the last three months of 2018. However the year-on-year...