Trade restrictions have already had a negative impact on the dynamics of world trade. Its growth in volumes may further slowdown in the third quarter of this year, according to the World Trade Organization (WTO) leading index. In July 2018, its value dropped to 100.3 points against 101.8 points in...

Announcement of fresh import tariffs on another round of Chinese products worth about $16 billion was announced by the United States on Wednesday.   The latest round of tariffs marks the fulfillment of threat by United States President Donald Trump that he made in June of imposing 25 per...

On Wednesday, August 8, 2018, Il Sole 24 Ore cited the Economy Minister of Italy, Giovanni Tria, saying that the government has planned on introducing the fiscal system’s reformation along with “a so-called ‘citizen’s income’” in the following budget.   Furthermore, the minister also added...

Depending on the performance of the economy, BoE could raise rates in the coming two years. Ian McCafferty is the one who sets the interest rates for the Bank of England, in short BoE, whereby on Tuesday, August 7, 2018, McCafferty informed that financial markets were reasonably thinking about the...

Despite the imposition of tariffs by the US, China’s exports for the month of July unexpectedly surged and the trade surplus figures of the country with that of the US fell just slightly amidst an escalating trade spat between the two largest economies of the world.   The US administration...

Deloitte auditing and consulting company issued a report on development of mobile networks of the fifth generation (5G). The paper reveals a noticeable gap between the United States from China in investing and installing stations for these networks. Since 2015, China has installed 350 thousand base...

The US administration has indicated that it would apply maximum pressure on Iran through strict sanctions and to counter the possible impact on European businesses from those potential sanctions, the4 European Union has started an initiative.   Even as the sanctions are to be implements, the...

The Bank of England raised the base interest rate to the maximum level since 2009 against the backdrop of another impasse in the negotiations on Brexit. Although the regulator hints at the need for further tightening of monetary policy to return inflation to the target, analytics do not expect more...

Japan and the U.S. are to enter into “economic cooperation” by conducting talks on “bilateral trade”. The Japanese Finance Minister, Taro Aso informed on Friday, 03 August 2018, that even though Japan has been carrying out discussions regarding ways in which it could promote development of...