China's President Xi Jinping may be forced to decide to choose between a long-standing lucrative trading relationship with the West and a developing strategic connection with Moscow, following a warning from the US President Joe Biden to China of "consequences" if any aid...

According to a newspaper report, a call for fresh talks and negotiations on a free trade agreement between the European Union and the United States has been issued by Germany's finance minister. This call is being viewed as an effort to restart talks over the trade deal that was...

The American central bank, the  the Federal Reserve, ultimately raised its short-term interest rates by a quarter of a percentage point, signalling that it will further raise the rates even higher in the coming months to address rising rates of inflation. It...

If the war with Russia continues for some more time, the Ukrainian economy could contract by more than a third this year, according to the estimates of the International Monetary Fund.   According to the international financing organisation, the country is already seeing a 10 per...

A range of global companies – ranging from Apple supplier Foxconn to automakers Toyota and Volkswagen, have been forced to halt some of their operations in China because of the country’s latest measures to control the most recent Covid-19 outbreak which is the largest in the last two years. This...

Russia wants much more Indian investments in its oil and gas sector which have been severely hit by sanctions from Western countries. Moscow is also interested in expanding the sales networks in India, Asia’s third largest economy, of its companies.   The uncalled for invasion of Ukraine by...

Russians are using virtual private networks (VPNs) to get past the country's rising internet restrictions in the aftermath of the invasion of Ukraine.   VPNs can mask a user's online identity and location, allowing them to access restricted websites and services.   According to...

According to the Australian Competition and Consumer Commission, the price of gasoline in Australia has risen to its highest level in eight years as a result of Russia's special operation in Ukraine and other factors (ACCC). The commission said in a statement that "Russia's invasion of Ukraine and...

Next week, the price that Russia will be paying for its invasion of Ukraine will become further evident, with a hitherto inconceivable sovereign default approaching, additional emergency central bank measures expected, and a stock market fall assured if the market reopens.   The West...