The introduction by the US and China of protective duties on mutual deliveries led to a sharp increase in the volume of imports subject to new trade restrictions. In just the past six months, this figure has increased six times, to $ 481 billion, the World Trade Organization (WTO) calculated....

The economic dream of the Saudi Arabian Crown Prince Mohammed bin Salman for the kingdom of a diversified economy that is not dependent on oil and some of the largest of companies coming to the country to set up businesses is under threat because of the killing of journalist Jamal Khashoggi....

While the United States president Donald Trump and his Chinese counterpart Xi Jinping are set top seen meet on the sidelines of the G20 summit in Argentina and discuss trade tensions, the US continued to throw salvo at its former largest trading partner by claiming that Beijing has been unable to...

It is possible that the United States would push for "evicting China" from the World Trade Organisation (WTO), according to media reports quoting one of President Trump's top economic advisers.   China had "misbehaved" as a member of the WTO, said Kevin Hassett chairman of the president's...

Lawyers insist that this measure will help avoid the scandals associated with money laundering, similar to the history of Danske Bank. The European Union must harmonize its legislation on the protection of whistleblowers with the United States in order to avoid major scandals like the one in which...

IMF recommends to cut down on spending and to consider a “modest” financial consolidation. The International Monetary Fund cautioned that the stimulus plan of Italy for fiscal year may open the vulnerable door for the country to usher in “higher interest rates” ultimately pushing the country into...

According to data from blockchain researcher Chainalysis, there has been a drastic fall in number of instances of the digital currency bitcoin being used as a means of commercial payments in 2018 even though the crypto currency has been able to attain stability which is one of the most important...

The chief of engineering giant Rolls-Royce said that a "practical plan" for Brexit needs to be supported by politicians.   Any deal with the European Union was better than a no deal Brexit because time to strike a deal is running out, said Warren East, chief of Rolls-Royce.  ...

It has been just a day that the United States president Donald Trump had expressed his optimism about the US being able to strike a trade deal with China and again stressed that he expects to arrive at a deal that would be created on a fair and reciprocal basis.   US President Donald Trump...