Poland and Hungary said they will put their own economies first after rejecting an EU bid for net-zero greenhouse gas emissions. All very well, but the latest episode in their battle with Brussels will affect...
It is far from clear that the US sanctions against nine Iranian officials, with the foreign minister to be added later brings negotiations any closer. At the same time, US officials trying to keep expectations...
The board of the world’s eighth-largest retailer has advised shareholders to reject the offer, saying it was far too low. The German wholesaler is present in 25 countries, but has struggled in recent years. A...
In a bid to boost drug innovation and local manufacturing under Make in India program, Government of India has brought in multiple regulatory reforms. The recent notification of New Drugs and Clinical Trial Rules (“Rules”)...
If eurozone inflation stays low, the European Central Bank (ECB) could cut interest rates even further and take other steps to boost it, ECB chief Mario Draghi said. The remark prompted accusations from Donald Trump....
Mohandas Karamchand Gandhi was born in 1869 in Porbandar, India, Gujarat, the province of the current Prime Minister Narendra Modi. Although at the opposite of Gandhi’s thinking and especially his non-violent practice, Modi obviously did...
India is primarily and widely known as an agrarian economy where the mainstay of a large chunk of the people is agriculture. More than 50% of the population either depends directly or indirectly on agriculture....
A global sigh of relief that the US will not tariff all its imports from Mexico. Equities are all higher, and the weekend demonstrations in Hong Kong over a bill allowing extraditions to the mainland...
Trump has used tariffs as a stick to threaten the US’s trading partners into submission, as in his spat with Mexico. But if the US cuts immigration from its southern neighbors, who will do the...
Global semiconductor sales dropped 14.6% in April from April last year, to $32.1 billion, on a three-month moving average basis, the World Semiconductor Trade Statistics (WSTS) organization reported Tuesday afternoon. The three-month moving average in...
The US announcement to lay a 5% tariff on all goods coming from Mexico (starting June 10) until it stops the flow of “illegal migrants” spurred sharp losses in the Mexican peso and general risk-off...
Credit flow to the commercial sector is like the pulse of the economy. The relationship between the duo can be traced back to the writings of Schumpeter (1911) who argued that the financial sector can...