There was trans-Atlantic harmony on most issues at a meeting of the recently established Trade and Technology Council. However, a gaping rift exists when it comes to US state support for green cars and renewables....
Africa boasts massive energy production potential, yet millions of people are without electricity. At a recent Africa roundtable, experts said that technology transfer was crucial to achieving energy transition. During a recent “Africa Roundtable,” meeting,...
The deal struck with QatarEnergy is set to go into effect in 2026 and last 15 years. Berlin is seeking to replace Russian gas, which used to cover over one half of Germany’s annual supply....
The capital markets are quiet today with Japan on holiday and the US on holiday tomorrow. Asia Pacific equities were mostly firmer after yesterday’s rally on Wall Street. Europe’s Stoxx 600 is about 0.25% higher...
The Walt Disney Company has brought back its previous CEO, Bob Iger, at short notice to replace the man who replaced Iger two years ago, Bob Chapek. Disney has struggled to turn a profit on...
Online retail giant Amazon is planning to cut 10,000 jobs, which is 3% of its global workforce, as it grapples with the uncertain economy taking over globally, the New York Times (NYT) and Wall Street...
China’s new initiatives to support the property sector helped lift the Hang Seng. And while the China’s CSI 300 edged higher both the Shanghai and Shenzhen composites fell. Most Asia Pacific markets fell, while Europe’s...
Eurozone: The increase outpaced the predictions from economists. The European Central Bank hinted that another interest rate hike was likely on the horizon. Inflation reached 10.7% across the 19 countries that use the euro currency,...
Not too many surprises are expected from the 20th Congress of the Chinese Communist Party (CCP), which meets from October 16 to 23, except perhaps the promotion of newcomers among the seven members of the...
The German government and leading economists say that Germany is heading toward a recession. What constitutes a downturn and what does that entail? Germany’s economy is facing extremely testing times. First, the coronavrius pandemic took a...
Lebanon is in the midst of a currency crisis and has devalued its local currency. But implementing a new exchange rate policy is set to have catastrophic consequences on people’s daily lives. Lina Boubess, 62,...
In the times when supply-chain resiliency is an important pillar of any nation’s external economic engagements, the release of the Container Port Performance Index Report 2021 is not only timely but is indeed eye-opening for...