After being infamous for facing the ire of the United States, North Korea seems to have changed its way. Though, not on its security front, it is now aiming to bring about economic development. The recent meeting between the North Korean leader Kim Jong Un and Chinese President Xi Jinping happened in Beijing. The meeting […]Continue Reading
Month: January 2019
After the unexpected departure news of the World Bank President, the race is on to fill the post. Former UN Ambassador Nikki Haley and the daughter and advisor of President Trump, Ivanka Trump is among the contenders. Kim surprisingly announced his departure from the World Bank after cutting short his second term. His second term […]Continue Reading
The US special representative for Iran said recently that there would not be any more waivers on the oil sanction posed by the United States on Iran. The step has been decided to choke off Iran’s source of income further. In a news conference, he said Iran is gradually feeling isolated, and the sanctions are […]Continue Reading
The United Kingdom’s economy has slowed down in the last three months and at the lowest in November. And it is the weakest in the past six months. The UK Office for National Statistics (ONS) said the economy grew by 0.3 percent during this period and it is 0.4 percent less than the growth of […]Continue Reading
After a series of criticisms by the U.S. President Donald Trump on OPEC, the relationship of the largest economy and the biggest oil exporting congregation seems to have halted. On the same note, Oman’s oil minister Mohammed bin Hamad al-Rumhi also said President Trump has not been very fair on OPEC. The criticisms made by […]Continue Reading
After putting Amazon’s name into the most valuable list and being the richest man on the planet, founder Jeff Bezos has another feather on his cap. He is going to have the most expensive divorce. Jeff Bezos, 54, having a total worth over $137 billion through his stake in Amazon is the richest man in […]Continue Reading
After being the bestselling smartphone in China, the premium iPhones are now losing market share in the largest smartphone market in the world. To retain the customers, retailers in China are offering huge discounts as the sale of these iPhones is struggling throughout the country. As per the customers and experts, the phones are really […]Continue Reading
Goldman Sachs has predicted to see low growth in earnings for the United States in 2019. So, terming it as a disappointment, it advised its clients to stay away from the companies most dependent and leveraged to economic growth. In a research report, it had warned its bullish investors that the corporate profits of several […]Continue Reading
Chinese premier Li Keqiang has stated that the tax cuts in the country are intended to boost employment and foster economic stability. China had introduced a series of measures to cool its economy in 2018 and is expected to roll out more of such support measures in 2019 to combat any risks for a steep […]Continue Reading
United States president Donald Trump has threatened to declare an emergency to fund the US-Mexico border wall. This is Trump’s escape route to fund the project as there is mounting pressure to end the three-week long impasse. Parts of the government has not functioned, even though workers are reporting to work and that has left […]Continue Reading