Brexit’s shadow of uncertainty has grown into “a full-blown crisis”, reveals annual survey. Duff & Phelps’ conducted a survey which involved the financial executive, whereby it revealed that Brexit fallout has been highlighted New York as the “pre-eminent financial centre” of the world whereby...

Even though there has been some progress in the talks between the European Union and the United States which is aimed at averting the US from imposing a punitive import tariff on EU made cars, the ball lies squarely on in the court of the US on whether to come to an agreement with the EU on a broad...

China and a number of other countries refused to buy Iranian oil for fear of falling under US sanctions, The Wall Street Journal reported, citing sources from the Iranian oil sector. The United States, which had previously discontinued participation in the agreement on the Iranian nuclear deal,...

The market for alternative proteins – known by different names such as "plant-based" and "alternative” proteins, is seemingly immense and is slowly turning out to be a growing movement in large parts of the world. .    According to GreenBiz ally Andrew Beebe of Obvious Ventures:...

“Brexit will not improve the situation for the steel sector but it has the potential to cause a great deal of damage”, says the director general of the “Trade Association UK Steel”. The Director General of the Trade Association UK Steel, Gareth Stace write that the difficulties that have come on...

Downside risks gaping wide as Brexit worries, trade wars, currency depreciation engulf the economy across the globe. The governor of Bank of Japan, Haruhiko Kuroda stated on Monday that the world economy stands at “highly uncertain” position which exhibit “downside risks” because of a couple of...

Most of the tax reforms in OECD countries, regardless of their schemes, have shown a positive effect on macroeconomic stabilization in the last 40 years. Expansion of the direct and indirect taxes bases and increase in their rates improved resilience of economies to shocks, the IMF study says. But...

The Arctic promises undiscovered oil reservoirs, and as the climate turns warmer with the year, Russia prepares to the “Northern Sea Route” all around the year. On Saturday, May 25, 2019, Russia launched an icebreaker which will be powered by nuclear energy. This move comes under an ambitious plan...

China has reacted sharply against the call by the United States to the Chinese government to invest less in the development of its state-owned companies. China has called this US demand to be an “invasion” on its economic sovereignty, according to the Chinese state news agency Xinhua.   The...