China overtook the US as the world’s top destination for new foreign direct investment last year, as the Kovid-19 pandemic exacerbates a retrospective shift in the global economy’s center of gravity. New …Read More »
Trade chief Lighthizer urges Biden to keep duty on China
WASHINGTON – In his nearly four-year term, US Trade Representative Robert Lighthizer helped protectism move from the core of American policy-making. His advice to the Biden administration: Be it of course. Keep …Read More »
US unemployment claims boost goods imports while consumer demand boosts
Workers continued to apply for unemployment assistance at an elevated level in late 2020 and holiday-season demand for imported consumer products pushed the trade deficit to a record in November, a sign …Read More »
NYSE to distribute to major telecom operators in China
The New York Stock Exchange will delimit three of China’s largest telecommunications carriers, which by order of the US government prohibit Americans from investing in firms. NYSE said, at the latest, it …Read More »
The UK finally has a cutting tie with the EU. What is the change here.
Britain supersedes the European Union on Thursday, 48 years after joining the bloc, a significant change in the global order that will bring major changes for ordinary Britain as well. On 1 …Read More »
Boris Johnson’s post-Brexit plan for Britain remains an enigma
Now that the country is untrained by most of the EU rules, it has the once-in-a-generation political opportunity to change Britain and define the direction of the European Union. It is unknown …Read More »
Business brace for disruption despite post-Brexit trade deal
Trade groups are calling for more time to adjust Britain’s new trade agreement with the London-European Union, saying it will implement new rules that disrupt annual trade of more than $ 590 …Read More »
What does a Brexit deal mean for financial services?
The UK government and the European Union have agreed a trade deal to replace the current regime which ends on New Year’s Eve when the Brexit process is completed. Britain left the …Read More »
Virus. Vaccine. Instability. This strategist says that 2021 will be the year of ‘V’ and here’s how to play it.
It’s Christmas Eve, which traditionally marks the best seven-day sprint for the year’s shares – aka the “Santa Claus Rally.” So far, stock futures are signaling a promising start to that ritual, …Read More »
Brexit Negotiations in Forward – With One Obstacle
BRUSSELS – Negotiators moved closer to an agreement on the future relations of Britain and the EU, officials on both sides said, although they stayed far away on a major stumbling block: …Read More »