World economy
The American Dream is back for all, says President Trump
05 Feb 2020
The American Dream is back” and is “stronger than ever before – for all of US citizens, including African-Americans, Hispanic-Americans, and Asian-Americans, Trump said in his State of the Union address
China warns of faster spread of Coronavirus as toll climbs to 80
27 Jan 2020
Outside China, Canada reported its first case on Saturday while six cases were reported in Hong Kong; five each in Thailand and Macao; four in Australia; three each in South Korea, Taiwan, Singapore, Malaysia, Nepal and France; and two each in Japan, the US and Vietnam
WEF: Investor Soros flays Trump, Modi and Xi for nationalist fervor
24 Jan 2020
Speaking at the World Economic Forum in Davos, Soros said the rise of nationalism across the globe was the great enemy of open society and he blamed leaders like US President Donald Trump, China's Xi Jinping and India’s Narendra Modi for narrowing options for businesses
Queen sign Brexit Bill into law, clears way for 31 January exit from EU
24 Jan 2020
The Brexit deal protects the rights of EU citizens, makes special trading arrangements for the British province of Northern Ireland, and settles the UK's EU debts, but leaves UK-EU ties largely the same while both sides try to agree a new trading and security partnership
China seals off Wuhan in stepped-up battle against Coronavirus
23 Jan 2020
State television reported 571 confirmed infections, most of them in Wuhan and the surrounding province of Hubei, while cases have appeared elsewhere in China and countries, including Thailand, South Korea and the United States
Russian PM Dmitry Medvedev, govt resign under new Putin plan
16 Jan 2020
Media speculates that with the changes in the constitution and loyalists in key positions, President Putin is planning a comeback as Prime Minister, with more powers after the 2024 elections, circumventing or scrapping rule entirely as his fourth term in office ends
US, China sign Phase 1 trade deal
16 Jan 2020
The partial trade deal, under which China will purchase American goods and services worth at least $200 billion and frees Chinese-made cellphones, toys and laptop computers from new tariffs while halving the tariff rate to 7.5 per cent on about $120 billion worth of other goods, however, leaves the larger part of the deal to a “re-elected” President Trump
Britain set to exit EU on 31 Jan as lawmakers approve Brexit deal
10 Jan 2020
Brexit won’t end Johnson’s problems, rather it would only help start fresh negotiations on Britain’s future relationship with the EU, which may extend well beyond the year or leave Britain with a no-deal exit
British PM Boris Johnson wins parliament vote for Brexit deal
26 Dec 2019
Once the bill is passed into law, the prime minister will have to face talks to secure a trade deal with the bloc and ensure that the talks conclude by the end of next year - another target date
US President Trump impeached for abuse of power, obstructing Congress
19 Dec 2019
While the initiation of impeachment procedure is one of the most shameful episodes for an elected president, House Republicans are sure that the President did absolutely nothing wrong and that he will come out of the “entire sham impeachment” unscathed
US, China announce partial trade deal
16 Dec 2019
US will halve its 15 per cent tariff on nearly $120 billion in Chinese goods in return for China importing at least $200 billion worth of additional US goods and services over the next two years
PM Johnson’s Conservative party sweeps UK snap polls
13 Dec 2019
By 6:30am (06:30 GMT) today, with results in five seats still to be declared, the Conservatives have already secured 361 of the 650 seats in the House of Commons
China to phase out foreign computers, software in 3 years
10 Dec 2019
This is the first reaction from Beijing limiting China’s use of foreign technology and increasing its reliance on domestic technology after the US ban on Huawei
Finland gets its youngest-ever prime minister, Sanna Marin, 34
09 Dec 2019
The new ministry will formally take charge later tomorrow after President Sauli Niinisto appoints the new government on Tuesday
US threatens 100% tariffs on French Champagne over digital tax
03 Dec 2019
France’s 3 per cent levy on revenue from digital services earned by firms with more than 25 million euros ($27.86 million) in French revenue and 750 million euros worldwide, was imposed after months of negotiations, but President Trump has not officially approved it
Russia opens natural gas pipeline to China
03 Dec 2019
Hit by Western financial sanctions over its 2014 annexation of Ukraine’s Crimea, Russia, one of the largest exporters of natural gas, is shifting market focus to the East
Myanmar’s democracy icon Suu Kyi now fights genocide trial
03 Dec 2019
Despite the accusations by vested interests overseas, Suu Kyi still enjoys overwhelming support at home, where her image is undented by accusations of complicity in atrocities
US govt agency lures Indian students to fake university, arrests them
29 Nov 2019
The US federal agency has confirmed that it used the trap to arrest about 250 students between January and July this year, even as federal prosecutors put the onus on students saying they should have known the university was not legitimate
Gotabaya Rajapaksa elected Sri Lankan President
18 Nov 2019
Gotabaya, a pro-China leader with close links to the US, has promised that he will not entertain a family rule, which means that he will not appoint his brother Mahinda Rajapaksa or other family members as the next prime minister
Bolivia gets new president as Evo Morales takes asylum in Mexico
13 Nov 2019
Morales, a leftist and Bolivia's first indigenous president, defended his fraud-stained re-election to a fourth term citing is record of bettering living conditions for poor and indigenous Bolivians