Trade Wars

Former Secretary of Defense Donald Rumsfeld has died at 88

WASHINGTON – Donald Rumsfeld, the double secretary of defense and former presidential candidate whose reputation as a skillful bureaucrat and visionary of a modern US military was shaken by the long and costly Iraq war, died Tuesday. He was 88 years old. In a statement released Wednesday, Rumsfeld’s family said he “was surrounded by his […]

Domestic Bonds

Markets post their best year since the 1980s

“The strength is general – it lies in the miners, aided by high commodity prices and in banks, with high house prices fueling loans,” she said. The meteoric run added more than $ 430 billion to the market value of the S&The P / ASX 200 – the equivalent of South Africa’s gross domestic product […]

G-20 News

Saudi Planning Minister and his counterpart discuss Indonesia’s upcoming G20 presidency

DJEDDAH: Mukbang is an internet phenomenon that has grown steadily in popularity over the past few years. The culinary show from South Korea quickly toured the world. It is now gaining popularity in Saudi Arabia with the rise of influencers. Among the Arab YouTubers who regularly upload Mukbang videos are Moe ASMR, with 188,000 subscribers; […]

Trade Wars

What you need to know about the wine trade wars

Oscar Wilde once wrote that “life imitates art much more than art imitates life.” In “The Roaring Mouse”, a late 1950s film, the mythical nation of Grand Fenwick’s only export, a special wine, Pinot Grand Fenwick, faces competition from California; and their economy is collapsing. Like others, after World War II, its leaders note that […]

Free Trade Zones

Belt and Road Weekly Investor Intelligence, # 35

Tuesday, June 29, 2021 US and NATO withdrawal from Afghanistan expected to be completed by September 11 this year – at only 10 weeks. This will leave a security loophole that China and Russia, as well as countries neighboring Afghanistan, are extremely concerned about. In this week’s BRI Intelligence, we provide an overview of how […]

Domestic Bonds

Big tech and health stocks lose the most of Biden’s potential tax hikes, says BlackRock

Shannon Stapleton / Reuters Large-cap tech and healthcare stocks could suffer the most if U.S. taxes rise or a global minimum tax is passed, BlackRock analysts wrote in a note. The category with the largest market capitalization and the lowest effective rate was information technology, including Amazon and Microsoft. Analysts have suggested investors consider small […]

G-20 News

Groups urge G20 to embrace so-called Brady-style bond swaps against 1980s climate

On Monday, three think tanks will unveil a proposal to avert a looming debt crisis and help heavily indebted countries accelerate their move towards more sustainable growth and a low-carbon economy, as they recover from the COVID-19 pandemic. The debt relief proposal for a green and inclusive recovery is modeled on the so-called Brady bonds […]

Trade Wars

China will likely be the world’s largest consumer of cultured meat – but a long and arduous journey awaits it

It is a well-known fact that China’s huge population means it is today and will continue to be in the future, leading to struggles to meet local demand for meat, this which encourages the government to open up to cultivated meat. “[China] suffers from food instability [with its] meat supply very vulnerable to disease, [as […]

Domestic Bonds

Sinosure becomes first Chinese insurer to open regional office at Dubai International Financial Center – News

A state-funded, policy-oriented insurance company, Sinosure promotes China’s economic, business and commercial development abroad on a not-for-profit basis. The Dubai International Financial Center (DIFC) announced that the China Export and Credit Insurance Corporation (Sinosure) has selected DIFC as the location for its first office in the Middle East. Sinosure is a state-funded, policy-oriented insurance company […]

Free Trade Zones

CPC has systemic advantages in economic and societal governance

Illustration: Chen Xia / GT The centenary of the Chinese Communist Party (CCP) looms as a big celebration takes place in Beijing on July 1 and takes center stage in the world. Under the mandate and stewardship of the CCP, China, the most populous nation on the planet, has transformed into the most dynamic large […]

G-20 News

Emirates news agency – UAE participates in second meeting of G20 Global Partnership for Financial Inclusion Finance Track

ABU DHABI, June 27, 2021 (WAM) – The United Arab Emirates recently participated in the second meeting of the Global Partnership for Financial Inclusion (GPFI) of the G20 Finance Track, which took place virtually. The meeting discussed the impact of COVID-19 on remittances, future developments and possible solutions to existing challenges for cross-border payments and […]

Domestic Bonds

Municipal Court of Challenge | Local News

Elijah Reinbolt, 32, 848 King St., appeared on charges of Fourth Degree Criminal Harassment Threat. Reinbolt waived the right to a preliminary hearing and the case was linked to the joint plea tribunal. A $ 50,000 bond with a 10% cash allowance was to continue. Cases set for pre-trial hearings: Theodore Dennis Jr., 46, Alvordton, […]

Trade Wars

France, US agree on dangers of rising China, says Blinken

PARIS – Secretary of State Antony J. Blinken, speaking in an interview after a meeting with French President Emmanuel Macron, said the United States and France were “on the same page” in their determination to resist the possibility of a world ruled by China. an order which would be “of a profoundly illiberal nature”. On […]

G-20 News

Erol Kiresepi represented employers around the world at the G20 Labor Ministers’ meeting

erol kiresepi represented employers around the world at the meeting of labor ministers Erol Kiresepi, Chairman of the Board of Directors of Santa Farma Ä°laç Sanayii and Vice-Chairman of the Board of Directors of the Turkish Association of Employers of Chemical, Petroleum, Rubber and Plastics Industry (KÄ°PLAS), represented the employers around the world at the […]

Trade Wars

Materials, Cost Fluctuations Dog Contractors | state

A continuing shortage of building materials and fluctuating costs remain a priority for contractors across the United States, according to the United States Chamber of Commerce’s second-quarter Commercial Construction Index. According to a chamber survey, 84 percent of contractors face at least one material shortage. Almost half (46%) say declining availability of construction products has […]

Free Trade Zones

Hainan Innovation Zone sets up service center for foreign specialists – Business & Economy

HAIKOU, June 22. / TASS /. Jiangdong New District Advanced Innovation Development Zone in the eastern part of Haikou (the administrative center of Hainan) announced the opening of a center to serve foreign specialists seeking employment in Hainan, reported. the Hainan Daily. According to the newspaper, around 80 people attended the opening ceremony, including representatives […]

G-20 News

Schools to increase reception capacity, gender, social diversity to promote: Dhotre

India will increase school capacity, Minister of State for Education Sanjay Dhotre said at the G20 Education Ministers’ Meeting on Tuesday. These additional seats will aim to close the gap and promote inclusive schooling, in particular the gender and social category gap at all levels of education. This comes at a time when many students, […]

Trade Wars

Trump’s tariffs are said to have caused billions in losses

(Bloomberg) – In early 2020, a highly unlikely anomaly in world trade data began to emerge: China said it was selling more products to the United States than the United States said it was buying. to China. It was a reversal of the normal pattern and a product of the two countries’ trade war, but […]

Free Trade Zones

World Free Zone Organization Tackles Critical Free Zone Issues at AICE 2021

His Excellency Dr. Mohammed Al Zarooni, President of the World Organization of Free Zones, inaugurated the seventh edition of the Annual International Conference & Exhibition (AICE) 2021, which takes place virtually in Dubai from June 21 to 24, 2021. More of 100 leading keynote speakers and more than 4,000 policymakers, academics, multilateral organizations and global […]

Domestic Bonds

Eurozone PMI data generally improves as virus restrictions relax

Remarks / Observations – Eurozone June Preliminary PMI data mixed but remaining in expansionary territory (Beats: Germany, Eurozone, United Kingdom; Misses: France); Price action Moderate markets were anticipating an improving economic outlook as virus restrictions eased. – Another emerging European central bank expects a hawkish hike (Czech rates saw their rates rise by 25bp; following […]

Trade Wars

American Image Awards honors leaders in diversity and innovation – WWD

The 2021 Virtual AAFA American Image Awards, which benefits the Fashion Designers Council of America Foundation, on Monday honored companies and individuals who stand up for diversity, inclusion, innovation and global reach . This year’s recipients were HanesBrands as Company of the Year; Walmart as Retail Innovator of the Year; Gabriela Hearst as designer of […]

G-20 News

G20 Education Ministers Meeting | Mirage News

The meeting of G20 education ministers took place today in Catania. The G20 ministers who attended the meeting, in presence and by videoconference, reaffirmed the importance of putting education at the center of the international political agenda, as a strategic response to the global crisis generated by the emergency. health, and to take initiatives to […]

Domestic Bonds

Pandemic slows access to restraining orders and peace bonds in Ottawa

Victims of violence against women are struggling to get court-ordered protection in Ottawa due to the pandemic and what appears to be reluctance to grant them, experts say. Last week, Hanadi Mohammed, 50, was allegedly stabbed to death by her 54-year-old husband, Hamid Ayoub, after trying to obtain a restraining order. This alleged act of […]

G-20 News

Exclusive: G20 to approve global minimum corporate tax deal

By Jan Strupczewski BRUSSELS (Reuters) – World financial leaders will approve an agreement on July 9 and 10 setting a global minimum corporate tax and call for the end of technical work so they can approve the implementation framework in October, said their draft press release. “After many years of discussions and on the basis […]

Trade Wars

Xinjiang polysilicon ban aims to promote Biden’s national agenda

Editor’s Note: Bradley Blankenship is an American journalist, political analyst and independent reporter based in Prague. The article reflects the views of the author and not necessarily those of CGTN. According to various sources, the administration of US President Joe Biden is considering a ban on imports of polysilicon from China’s Xinjiang Uyghur Autonomous Region […]

Domestic Bonds

Headlines: E-com flash sale prohibited; Airtel partners with Tata for 5G

Chinese company Huawei Tech is seeking access to India’s “Trusted Telecom Portal” and e-commerce companies in India are subject to further scrutiny. The headlines this morning. Government plans strict compliance and flash sale ban in draft standards for e-commerce companies The Center provides guidelines for e-commerce businesses, including the appointment of a compliance officer, prioritizing […]

G-20 News

PREVIEW – Blinken on tour in Europe for forums on Libya, Syria and G-20 meeting

WASHINGTON (UrduPoint News / Sputnik – June 22, 2021) US Secretary of State Antony Blinken tours Europe to participate in the Libya conference, attend G-20 and coalition meetings to fight the terrorist group Islamic State (banned in Russia), join a multilateral discussion on Syria and hold a plethora of bilateral commitments. In Germany, the first […]

Trade Wars

America’s greatest danger is not China. It’s ourselves

China’s increasingly aggressive geopolitical and economic stance in the world is triggering a violent bipartisan backlash in America. It is good if this leads to more public investment in basic research, education and infrastructure, as the Sputnik shock of the late 1950s did. But it also presents dangers. Over 60 years ago, the sudden, palpable […]

Free Trade Zones

Free, economic and logistical zones and transit trade activated in the south |

By Sami Zaptia. Economic and logistical free zones and transit trade will be activated in the south (Photo: Minister of the Economy). London, June 21, 2021: Inaugurating the Libyan Exhibition for Food, Preservation and Packaging Supplies yesterday at the Tamenhint Exhibition Center in southern Libya, Economy and Trade Minister Mohamed Hwej announced the need to […]

Free Trade Zones

Development projects worth $ 14.7 billion inaugurated in free trade zones and special economic zones

TEHRAN – Some 52 development projects worth 620 trillion rials (over $ 14.7 billion) have been commissioned or started in Iran’s free trade zones and special economic zones Monday, as part of the 74th series of groundbreaking ceremonies since the previous Iranian calendar year (ended March 20). President Hassan Rouhani inaugurated the mentioned projects via […]

G-20 News

Photo of Biden sleeping on top of G-7 changed

The claim: Image shows President Joe Biden sleeping on top of the G-7 An image allegedly showing President Joe Biden asleep at the annual Group of Seven summit in Cornwall, England is circulating on social media. Claim follows Biden’s first trip abroad, which included meetings with Russian President Vladimir Putin and Queen Elizabeth II, as […]

Free Trade Zones

Lekki Free Zone Quadrant, Eko Atlantic are national assets

The Senate Committee on Trade, Industry and Investment described Dangote, Lekki, Alaro City and the Lagos Free Zone which made up the quadrant of the Lekki Free Zone Mega Zone and the Eko Atlantic Free Zone as national assets of several billion dollars. Committee chairman Senator Francis Fadahunsi said this as committee members wrapped up […]

Domestic Bonds

External debt fell 1.5% to $ 97 billion at the end of March – BSP

The country’s external debt stock fell by $ 1.4 billion or 1.5% to $ 97 billion at the end of March, from $ 98.5 billion in December, said governor of Bangko Sentral ng Pilipinas , Benjamin Diokno, this weekend. “The decline in the level of debt in the first quarter of 2021 was caused mainly […]

Trade Wars

The United States’ greatest danger is not China. It’s much closer to home | Robert reich

VSHina’s increasingly aggressive geopolitical and economic position in the world sparks a violent bipartisan backlash in America. It doesn’t matter if it leads to more public investment in basic research, education and infrastructure – as the Sputnik shock of the late 1950s did. But it also presents dangers. Over 60 years ago, the sudden, palpable […]

G-20 News

Foreign ministry calls for yoga to be adopted to fight covid aftermath

After two hectic months of scouring the world for the drugs, liquid medical oxygen and oxygen-related equipment needed to fight a brutal second wave of covid-19 infections that hit the country, the Indian Ministry of Foreign Affairs seems to be tackling the more normal affairs of diplomacy. One of the first events the ministry is […]

Trade Wars

Multi-Jurisdictional: 2021 Global Trade and Supply Chain Webinar Series

Our 18th annual global trade and supply chain webinar series titled “International Trade and Developments in a World of Recovery and Renewal” features the latest developments in international trade, including updates on wars trade, negotiations of trade agreements and major customs, export controls and the evolution of sanctions. In addition to our usual topics on […]

Free Trade Zones

DP World plays a critical role in maintaining the supply of essential commodities

The participation of DP World, the UAE region and Jafza in Arab Health 2021 will open new growth avenues for companies. DP World, the Jebel Ali (Jafza) Free Zone in the UAE region, experienced 12% growth in its healthcare and pharmaceutical customer base between 2019-2020. To show their commitment to promoting the growth of healthcare […]

Domestic Bonds

Mortgage rates today, June 19 and rate forecasts for next week

Today’s Mortgage and Refinance Rates Average mortgage rates increased yesterday, but only by the smallest measurable amount. Still, it was a relief after a solid week of increases that included three unusually large jumps. My best guess is that mortgage rates could stay stable or drop a bit next week. Because the markets often pause […]

Domestic Bonds

AfDB Invests $ 20 Million in Georgian Railways Green Bonds to Modernize Rail Network | Odisha News | Latest Odisha News

Manila: The Asian Development Bank (ADB) has invested $ 20 million in green bonds, issued by Georgian Railway JSC, the proceeds of which will be mainly used to roll over the maturing Eurobonds it had issued to improve the bonds. existing railway lines as part of an ongoing modernization project. The investment is part of […]

Trade Wars

Australia takes China to the World Trade Organization

The tariffs imposed by China have caused serious damage to the Australian wine industry. Australia is fighting with China over wine tariffs with the international trade body because of “serious damage” to the industry. The federal government has approached the World Trade Organization to request consultations with the Chinese government on the matter. Trade Minister […]

G-20 News

AP Interview: UN Aid Chief: Tackling Root Causes of Suffering

UNITED NATIONS (PA) – Outgoing UN humanitarian chief warns “explosion” in humanitarian aid needs in recent years will continue to escalate until major powers tackle root causes of hunger and despair – conflict, extremism, climate change, bad governance, corruption and violence, to name a few. Mark Lowcock, who resigns Friday after four years, said in […]

G-20 News

10th G20 AGRICULTURAL SCIENTISTS MEETING

Communiqué adopted at the end of the two days of the G20 MACS As part of the meetings under the Italian Presidency of the G20, the Ministry of Agriculture, Food and Forestry Policies organized the 10e G20 Meeting of Agricultural Chief Scientists – G20 MACS on June 15 and 16, 2021, in virtual format. The […]

Free Trade Zones

UK-Australia Bilateral Trade Agreement: A Summary | Dentons

After five years of discussions between the Australian and British governments, Australian Prime Minister Scott Morrison and British Prime Minister Boris Johnson this week announced an agreement in principle on the terms of a free trade agreement (FTA) between the two country, see here. This deal is as important for its historical symbolism as it […]

Trade Wars

Brexit news: EU leaves threat of trade war on table in sausage war peace talks | Politics | New

EU Brexit chief Maros Sefcovic today announced a ceasefire in the sausage war after the government demanded that the blockade of British-made firecrackers sold in Northern Ireland be pushed back. The Brussels diplomat said he would meet with Brexit Minister Lord Frost in the hope of finding a long-term solution. But he refused to withdraw […]

Free Trade Zones

Freeports: will they help commodity companies?

The UK’s new free ports will present opportunities for commodity companies, for example in the Tees Valley chemical industry. However, there are important limitations to this. introduction Earlier in our series, we presented1 the new free ports, examined the operation of the customs regime2, assessed the recently published report of the International Trade Committee on […]

Domestic Bonds

AfDB Invests $ 20 Million in Georgian Railways Green Bonds to Modernize Rail Network

The Asian Development Bank (AfDB) invested $ 20 million in green bonds issued by Georgian Railway, with the proceeds to be used primarily to roll over maturing Eurobonds it had issued to improve existing rail lines in as part of an ongoing modernization project, ADB announces. The investment is part of a $ 500 million […]

G-20 News

Yellen Says Mexican G20 Counterpart Countries Should Support Global Minimum Tax | Invest News

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen met with Mexican Finance Minister Arturo Herrera on Thursday, stressing the importance of securing support from the Group of 20 major economies for a global minimum tax proposal, said the Trésor in a press release. Yellen, whose proposal for a global minimum tax of at least 15% […]

Trade Wars

In Star Wars: Battles That Changed the Galaxy, step into the crucible of war

Books + BD // JUNE 17, 2021 The new book explores the fall of the Republic, the Galactic Civil War, and the conflict between the First Order and the Resistance. StarWars.com Team Centuries of peace and prosperity were shattered by the droid invasion of Naboo. The One Planet Trade Federation blockade sparked events that would […]

Free Trade Zones

Eichel opens up about escalation, NHL trade rumors and playoff coverage

So begins the story. Despite hope against all hope and the attempt to save the ship, it looks like Buffalo Sabers general manager Kevyn Adams will abandon the ghost of keeping star center Jack Eichel. The NHL’s commercial market is about to get a big fish. The Montreal Canadiens clogged the zones and squeezed the […]

Domestic Bonds

Analysis: Shaken but not shaken: Bond markets could face hawkish Fed for now

By Dhara Ranasinghe LONDON (Reuters) – A hawkish turn within the U.S. Federal Reserve has ended a multi-week rally in bond markets, but don’t bet on a repeat of the steep decline seen earlier this year. US 10-year bond yields returned above 1.5%, near two-week highs, while the German Bund yield hit a three-week high […]

G-20 News

Life insurance sector outlook revised from negative to stable

Moody’s Investors Service said it had changed the outlook for the global life insurance industry from negative to stable for 2021. The change in outlook reflects a recent change in outlook from stable to negative for life insurers in the United States and Japan, two of the world’s largest life insurance markets, according to Moody’s. […]

Trade Wars

On the money: Yellen and Powell dismiss inflationary fears | The Fed keeps its rates stable and improves its growth forecasts

Happy Wednesday and welcome to On The Money, where there is always more than one specter of happiness. I’m Sylvan Lane, and here’s your evening guide to everything to do with your bills, your bank account, and your bottom line. Do you see something that I missed? Let me know at [email protected] or tweet me […]

Free Trade Zones

Visualize 40 years of booming exports

China has the second highest GDP in the world and it exports 15% of all the goods in the world. But how did this happen? Just 40 years ago, the Chinese economy was in a totally different situation, accounting for less than 1% of world exports and still in the early stages of building its […]

Domestic Bonds

Market Watch: How to play the FMCG and the themes of consumption in a peak of inflation?

Welcome to ETMarkets Watch, the show about stocks, market trends and money making ideas. I’m Atul PM and here are the headlines at this time. Oil hits new high near $ 75 thanks to rising demandFitch confirms Adani Ports at BBB-minus with negative outlookIndia keeps the basic import price of palm oil and soybean oil […]

G-20 News

Another top secret: what happened in Helsinki between Putin and Trump?

Ahead of President Joe Biden’s Wednesday meeting with Russian President Vladimir Putin, Congress Democrats said they were no longer looking for tapes of former President Donald Trump’s private meetings with the Russian leader, despite previous concerns that Trump had tried to cover up the details of their conversations. “The Biden administration is looking forward to […]

Trade Wars

Biden set to undo Trump’s trade legacy with EU deal

President BidenJoe Biden Former representative Rohrabacher says he participated in the Jan.6 march to Capitol Hill but did not storm building Saudis picked up drugs in Cairo used to kill Khashoggi: Biden report seeks to create momentum for Putin PLUS reunionThe recently unveiled agreement to end a long-standing trade dispute with Europe marks its first […]

Free Trade Zones

Minister proposes Kish Island as crypto clearinghouse

ICT Minister Muhammad Javad Azari Jahromi has proposed transforming the Iranian island of Kish in the Persian Gulf into a hub for domestic and international cryptocurrency exchanges. This is when policymakers and policymakers have yet to announce an unambiguous position on crypto trading.“Kish has the infrastructure to become a hub for international crypto exchanges in […]

Domestic Bonds

New circular providing advice on conducting electronic tax transactions

On March 18, 2021, the Ministry of Finance promulgated Circular No. 19/2021 / TT-BTC providing guidance on conducting electronic tax transactions (“Circular 19“). General Regulations According to this document, taxpayers can record electronic tax transactions by the following methods: Method 1: Registration for e-tax accounts with the tax authorities via the web portal of the […]

G-20 News

G20 discusses economic risks of climate change, digitalisation and economic recovery

On June 9 and 10, 2021, the fifth meeting of the framework working group focused on the macroeconomic risks associated with climate change and on the relationship between digital transformation and productivity. With just one month away from the meeting of G20 finance ministers and central bank governors, the activities of the G20 working groups […]

Trade Wars

UPDATE 1-After NATO, Biden looks to the EU for renewal of transatlantic relations

* In Brussels, Biden moves to the EU after NATO * Biden could announce truce in Trump-era trade war * Biden will meet the Belgian King, Prime Minister (Redesigns with trade disputes, NATO summit) By John Chalmers and Robin Emmott BRUSSELS, June 15 (Reuters) – US President Joe Biden will step up efforts to renew […]

Domestic Bonds

APAC pension industry and recent trends in Japan EJINSIGHT

Pension assets in the largest pension markets grew by 11% in 2020, according to Willis Towers Watson’s Global Pensions Assets Study 2021. Asia-Pacific pension funds beat their peers in terms of asset value growth in 2019, according to a report on the Thinking Ahead Institute’s Top 300 Pension Funds in the World. Assets under management […]

G-20 News

The G-7 unites against tax havens, the Senate unites against China | Business

This week, Madison Business Review contributor Bryce Roth gives a recap of what’s been happening in the business world and the stock markets. A global tax deal, inflation and a Senate law all played a role in pushing markets last week. Source: MarketWatch The S&P 500 and the Nasdaq Composite ended the week in the […]

Free Trade Zones

17th Egyptian-Saudi Joint Committee commits to developing trade cooperation

The 17th Egyptian-Saudi Joint Committee was held in Cairo and chaired by Egyptian Minister of Trade and Industry Nevine Gamea and Saudi Minister of Trade and Investment Majid bin Abdullah Al-Qasabi. Gamea said that she and her Saudi counterpart have signed an agreement that will see joint cooperation between the two countries strengthened in a […]

Trade Wars

Tai takes Brussels to talk about prices

With the help of Doug Palmer Editor’s Note: Weekly Trade is a weekly version of POLITICO Pro’s daily trade policy newsletter, Morning Trade. POLITICO Pro is a political intelligence platform that combines the news you need with tools you can use to take action on the biggest stories of the day. Act on the news […]

Free Trade Zones

Indonesian Jokowi approves two special economic zones in Batam, Southeast Asia

SINGAPORE – Indonesian President Joko Widodo has officially granted Special Economic Zone (SEZ) status to a technology park and aircraft maintenance facility in Batam to kick-start economic recovery there amid the Covid-19 pandemic. Nongsa Digital Park, located at the high-end northeastern tip of the island, is said to focus on digital technology and tourism activities. […]

Domestic Bonds

RBI looks at foreign corporate bonds to generate higher yield

The central bank explored new allocations for its foreign currency assets to diversify its portfolio and also sought advice from outside investment experts. The umbrella bank wants external investment managers to deal with some of the inflated foreign exchange reserves, as they did a few years ago. The Reserve Bank of India (RBI) is thinking […]

G-20 News

CAPITAL IDEAS: Race to the bottom

US Treasury Secretary Janet Yellen speaks at a press conference after attending the G7 Finance Ministers meeting in London on June 5, 2021. Justin Tallis / Pool via REUTERS Ahead of the weekend of June 5-6, 2021, I enjoyed a discussion about a fully vaccinated (literally) water cooler with Nate and Scott, two of Berkshire […]

Free Trade Zones

3mn of Covid-19 vaccines to import into Iran: official

Shanesaz said the reason the vaccines will be imported into the country through free economic zones is that there are restrictions on how to import these vaccines through other routes. He said the process of importing the 3 million doses has already started. Meanwhile, the chief of the FDA added this week that a batch […]

Domestic Bonds

Is cash still an attractive asset class?

The unstable world due to the wider societal impact of Covid-19 of empty sports stadiums and travel restrictions despite the misstep in the markets has allowed some sectors to thrive sooner than expected and changed the landscape of investing in others, says Luigi Marinus, Portfolio Manager PPS Investments. So what has changed and how does […]

Trade Wars

‘Whatever it takes’, Britain’s Johnson warns EU against post-Brexit trade

Britain will do “whatever it takes” to protect its territorial integrity in a trade dispute with the European Union, Prime Minister Boris Johnson said on Saturday, threatening to take emergency action if no solution is found. was found. Johnson’s threat appeared to break a temporary truce in a war of words over part of the […]

Trade Wars

President: Farmers must vote for Beef + Lamb New Zealand

Provided Beef + Lamb New Zealand President Andrew Morrison. Beef + Lamb New Zealand President Andrew Morrison urges farmers to support the organization’s continuation in this year’s sheep and beef referendum. The apathy of farmers in the voting process is most frustrating. “I would like farmers to encourage their friends and neighbors to vote,” Morrison […]

Domestic Bonds

Treasury’s insatiable appetite for loans crowds out the private sector

Central Bank of Kenya building on Haile Selasie Road, Nairobi. [Wilberforce Okwiri, Standard] One of the first miracles former President Mwai Kibaki performed when he came to power in 2003 was to turn well-prepared bankers into hawkers. They have been seen pitching tents along the dusty streets of Nairobi, peddling loans to a languid crowd. […]

G-20 News

French President Macron says US is ‘definitely’ back, welcomes Biden to ‘the club’

The heat between President Joe Biden and French President Emmanuel Macron continued to be fully visible on the second day of the G-7 summit in Cornwall, England on Saturday – leaders sat down for a bilateral meeting in the lead – tête-à-tête on the beach and Macron agreeing that America is “definitely” back. “I think […]

Free Trade Zones

Egypt attentive to the achievement of regional economic integration in Africa: Minister of Trade

Egyptian Trade and Industry Minister Nevine Gamea said Egypt attaches great importance to achieving regional economic integration in Africa. Gamea stressed the importance of: activating joint continental work to achieve industrial and agricultural integration; strengthen intra-community trade; support small and medium-sized enterprises (SMEs); and create more employment opportunities. These contribute to Egypt’s achievement of the […]

Free Trade Zones

Sri Lankan unions keep dead silence on criminalization of industrial action

Two weeks ago, on May 27, Sri Lankan President Gotabhaya Rajapakse used the Essential Public Services Act (EPSA) to ban industrial action in the port, oil, gas, rail and bus transport sectors, as well as in government administrative offices at the district level, state banks, insurance companies and customs-related services. On June 2, he issued […]

Domestic Bonds

Marginal increase in Bangladesh government liabilities likely in 2021-2022

FE REPORT | Posted: June 12, 2021, 8:27:09 a.m. | Update: June 12, 2021, 9:00 a.m. The government’s liabilities in the next fiscal year (fiscal year), 2021-2022, are expected to increase slightly as its domestic liabilities, which generally become higher than foreign loans, are expected to shrink to some extent. Total government liabilities – domestic […]

Free Trade Zones

Plan for the future in New Clark City – Manila Newsletter

Describe the urban development of Metro Manila in one word and there are plenty of possibilities that spring to mind – dense, crowded, congested, to name a few. Today, 100 kilometers north of the metro, developers, businesses and ordinary Filipinos have the opportunity to shape New Clark City into an area 40 times the size […]

Trade Wars

Cold war or precarious peace: is the definition of US-Chinese competition important? | China

In July 1971, the American national security adviser Henry Kissinger embarked on a secret mission in China, then America’s sworn enemy. This 48-hour ice-breaker journey paved the way for Richard Nixon’s historic handshake with Chairman Mao a year later. Nixon’s visit changed the strategic geometry of the Cold War and influenced Washington’s subsequent move towards […]

G-20 News

G7 finds new goal as G20 takes a step back

From June 11-13, G7 leaders meet in Cornwall, UK. The rally highlights the renewed vigor and influence of the G7, with a British Presidency engaged in action, the first public international outing of multilateralist President Joe Biden and growing concerns from the United States and Europe over the Chinese and Russian behavior. In the meantime, […]

G-20 News

Richest in the world facing tax cuts after 40% increase in wealth | New

NEW YORK – Amazon.com founder Jeff Bezos has the resources to get started in space. Elon Musk too. In many ways, however, the richest people in the world left the rest of us behind a long time ago. The richest 500 people in the world are now worth $ 8.4 trillion, up more than 40% […]

Domestic Bonds

3 best Invesco mutual funds that deserve your attention

With over $ 1.51 trillion in assets under management (as of May 31, 2021), Invesco Ltd. offers financial solutions through a diversified set of investment vehicles in the main categories of equities, fixed income securities and alternative assets. This leading global investment management firm deals with a wide range of mutual funds, including equity and […]

Trade Wars

Biden administration “strike force” to act against unfair Chinese trade

WASHINGTON DC: In response to China’s unfair trade practices, the United States will target China with a new “strike force,” the Biden administration announced on Tuesday. In Tuesday’s announcement, the White House revealed the findings of a review of U.S. access to critical products, from semiconductors to electric vehicle batteries. The newly formed “trade supply […]

Domestic Bonds

Public debt increases by Rs1.607trn – Business & Finance

ISLAMABAD: External debt of $ 81.606 billion in Economic Survey 2020-21 does not include foreign currency liabilities (foreign currency bonds, SWAPs), public sector corporate debt, banks, and private sector borrowing. The State Bank of Pakistan (SBP), however, includes all of these elements to determine the total external debt liabilities at $ 116.309 billion by March […]

Free Trade Zones

Open China is a boon for the global economy

Before the 1970s, many people found it difficult to fill their stomachs, let alone indulge themselves while shopping. from China the policy of reform and opening up has changed the course of the country’s development. Since the start of this policy, the country has experienced three major waves of openness. The first began in 1978 […]

Free Trade Zones

Nigeria: NEPZA and FAAN are working on the designation of 4 airports as economic zones

The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Airports Authority of Nigeria (FAAN) have formed a joint committee to develop the model and formalities for designating four international airports as Special Economic Zones (SEZs). NEPZA Director General Professor Adesugba unveiled the creation of the committee when he received FAAN Director General Captain Rabiu […]

Domestic Bonds

Foreigners become net sellers of Japanese equities in the week to June 4

June 10 (Reuters) – Foreign investors turned net sellers of Japanese equities in the week to June 4, acting cautiously as investors waited for major U.S. economic reports that could heighten concerns about inflation and an early withdrawal of the Federal Reserve. Foreigners sold 128.58 billion yen ($ 1.17 billion) of Japanese stocks last week, […]

G-20 News

GP Industries (SGX: G20) has a somewhat strained balance sheet

Berkshire Hathaway’s Charlie Munger-backed external fund manager Li Lu is quick to say “The biggest risk in investing is not price volatility, but whether you will suffer a permanent loss of capital”. It is only natural to consider a company’s balance sheet when looking at its level of risk, as debt is often involved when […]

Free Trade Zones

Global trade set to rebound strongly in 2021 after showing resilience during pandemic

Global trade has been more resilient than expected during the pandemic and will rebound strongly in 2021, according to the Dubai Multi Commodities Center, although the recovery is uneven and dependent on the rollout of vaccines and the easing of geopolitical tensions. Feryal Ahmadi, director of operations for DMCC, which chairs companies involved in the […]

Domestic Bonds

3 things to watch out for when the ECB meets on Thursday

Text size European Central Bank President Christine Lagarde arrives to attend a plenary session at the European Parliament in Brussels, Belgium, Feb.8, 2021. POOL / AFP via Getty Images President Christine Lagarde can be expected to avoid mentioning the word charged – tapering – on Thursday after the regular meeting of the European Central Bank’s […]

G-20 News

Transatlantic talks to end steel tariffs face tough issue (China)

“The conversation is a lot less, when it comes to steel, about bilateral relations and tariffs, and it’s a lot more about strategy with China,” said Chad Bown, senior researcher at the Peterson Institute for International Economics. The tariffs are popular with steel and aluminum companies and, perhaps more importantly, unions representing their workers. Many […]

Trade Wars

Indian Finance Minister throws Infosys under bus as new electronic tax portal fails on day one • The Register

India’s new electronic tax filing portal went live on Monday evening and was down less than 24 hours later, prompting Union Finance Minister Nirmala Sitharaman to jump on Twitter with specific questions for the site developer, the Indian service giant Infosys. Infosys won a contract to build the tax portal in 2019. The new technology […]

Free Trade Zones

Why this South China Sea dispute matters to America

Tensions between China and the Philippines are mounting in the South China Sea. How this conflict unfolds will have lasting effects on the power struggle between China and other nations in the region, and will have greater implications for the United States as well. On March 20, 220 Chinese militiamen and fishing boats invaded the […]

Domestic Bonds

Siddle retires from county cricket

Peter Siddle will miss the remainder of the county season with Essex after returning home to Australia for personal reasons. The former Australian fashion designer, 36, has taken 20 wickets in six County Championship games at an average of 24.40 this year and recently received his county cap. “I’m sad to be leaving Chelmsford early […]

G-20 News

Biden ends infrastructure talks with Republican senators

President Biden ended negotiations with Senator Shelley Moore Capito and Republicans over infrastructure legislation, telling Capito on Tuesday that the GOP’s latest offer did not “meet our country’s basic needs” to fix roads and bridges, preparing the nation for a future dependent on clean energy and creating jobs, according to White House press secretary Jen […]

Trade Wars

Luxury brands rethink e-commerce strategies as pandemic affects in-store retail

Trade wars and Brexit also create challenges for the luxury sector, according to Hogan Lovells webinar Andrey_Popov; Shutterstock The Covid-19 pandemic has forced luxury brands to embrace e-commerce faster and rethink how they can deliver an exclusive and personalized experience online, according to Pamela Weinstock, an expert in entertainment and fashion law. Weinstock – speaking […]

Free Trade Zones

Belt and Road Weekly Investor Intelligence, # 32

Tuesday, June 8, 2021 Welcome to this week’s issue of China Briefing’s Belt & Road Initiative Weekly Investor Intelligence Summary. Welcome to this week’s issue of China Briefing’s Belt & Road Initiative Weekly Investor Intelligence Summary. Significant Eurasian development, although ignored by Western media, took place last week with the holding of SPIEF 2021 in […]

G-20 News

Smart computing sets new records After G7 countries agree on global corporate tax rate, attention shifts to G20; Giants TCS, Infosys, HCL Tech skyrocket

Indian IT companies have been on a winning streak since the start of this week after the Group of Seven (G7) countries agreed to support a minimum global corporate tax rate. Tech-heavy stocks in Indian markets saw a strong rally and further increased sector indices on Sensex and Nifty 50, even as broad markets remained […]

Trade Wars

Rakesh Jhunjhunwala Portfolio Pick: Check the target price of this TOP PERFORMING car share

Rakesh Jhunjhunwala Portfolio Shares: Rakesh Jhunjhunwala owns Titan, Lupine, Escorts, Rallis India and many other stocks in his portfolio. All of these stocks have given this ACE investor multiple returns over the years. Rakesh Jhunjhunwala is known for his vision and fundamental analysis while selecting stocks for investments. In addition to the investor community, Rakesh […]

Domestic Bonds

Vector Green subsidiaries to raise Rs 1,237 crore in green bonds

The six subsidiaries of Vector Green Energy – an independent power producer focused on renewable energy and backed by Global Infrastructure Partners (GIP) – will issue the first AAA-rated green bonds in the local market. The subsidiaries plan to raise Rs 1,237 crore and have received Climate Bonds Standard certification for their bonds. The issue […]