World economy
Trump willing to hit all Chinese goods with high tariffs: report
21 Jul 2018
Chinese exports to the US hit $505.5 billion in 2017, against US exports of $129.9 billion to that country, which left the US with a trade deficit of $375.6 billion
US sanctions on Iran and its cascading effect on India
18 Jul 2018
While India's official stand is that it 'follows only UN sanctions, and not unilateral sanctions by any country', the oil ministry has nonetheless asked refiners to drastically reduce or end import of Iranian oil by the US-set deadline of 4 November. A better option might be to revive the credit and rupee-rial payment mechanisms that were used earlier, says Abhishek Bansal, founder and chairman, ABans Group
Trump says he "misspoke" in Helsinki
18 Jul 2018
Faced with a wave of criticism, both at home and abroad, over his statements at the Helsinki summit, President Trump said he accepts the conclusion of the US agencies that Russia meddled in the 2016 US elections
Donald Trump, Vladimir Putin meet in summit; eye a new era
16 Jul 2018
President Donald Trump said he wanted good relations with Russia, and blamed Washington’s own past “foolishness and stupidity” for the countries’ hostile ties
US announces fresh tariffs on $200 bn worth of Chinese goods
11 Jul 2018
The new list of goods that would face 10 per cent punitive duties includes frozen meats, live and fresh fish and seafood, butter, onions, garlic and other vegetables, fruits, nuts, metals, and a massive list of chemicals, as well as tires, leather, fabrics, wood and papers
Theresa May opts for a soft Brexit with an EU-UK Free Trade Area
09 Jul 2018
Post Brexit, Britain will remain closely aligned to the EU’s single market on agriculture and goods via a “common rule book” and a “combned customs territory”, but the services sector will be excluded from this FTA
US-China trade war could get India new oil suppliers from US: report
07 Jul 2018
India is likely to benefit from increased supplies of crude oil from the United States as US oil producers look for new markets as they brace for a trade war with China that could curb US shipments
Ousted Pak PM Nawaz Sharif gets 10-year jail for corruption
06 Jul 2018
The verdict comes days ahead of the general election in Pakistan where Nawaz Sharif’s party Pakistan Muslim League is in a close race with the Imran Khan-led opposition party
Rising sea levels could cost the world $14 trillion a year by 2100
04 Jul 2018
Failure to meet the United Nations' 2ºC warming limits will lead to sea level rise and dire global economic consequences, new research has warned
Hundreds of thousands across US march against Trump’s ‘zero tolerance’
02 Jul 2018
Hundreds of thousands of people, including Indian Americans, took to the streets in US cities and smaller towns on Saturday to protest against the controversial immigration policies of President Donald Trump, which have resulted in the separation of illegal immigrants and their children
Canada hits the US with $12-6 bn retaliatory tariffs
30 Jun 2018
The reataliatory measures that target a range of US products from orange juice and ketchup to steel, aluminum, yatchs and consumer goods, will come into effect on Sunday, 1 July
US Supreme Court upholds Trump travel ban
28 Jun 2018
US President Donald Trump has finally received the Supreme Court’s approval for his travel ban on select Muslim countries, with the apex court upholding the Trump White House's travel ban
Trump sets 4 Nov deadline for world to stop buying Iranian crude
27 Jun 2018
The US has told all countries, including India and China, to stop all their imports of Iranian crude oil by 4 November, but the two countries are unlikely to comply considering their dependence on Iranian oil