The populist politician took to Twitter to vent his spleen with the Tories after Biden was anointed the winner of the contentious US election on Saturday. Farage shared a video from a media scrum showing Biden’s reaction to a question from the BBC and argued that the president-elect’s Irish heritage …
Read More »Putting Benjamin to bed? In major move, China & Russian-led EEU bloc to replace trade in dollar & euro with domestic currencies
That’s a consensus agreed upon at a virtual forum on Monday, dedicated to integrating the five EAEU member states with China’s flagship foreign policy initiative, ‘One Belt, One Road’. Founded in 2010, The EAEU is made up of Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia, and in recent years has actively …
Read More »No peace again: Nagorno-Karabakh warring parties trade accusations of violating US-brokered ceasefire
The Azerbaijani Defense Ministry said that Armenian forces had “violated the new humanitarian ceasefire” on Monday by shelling its positions in several locations. The statement came just minutes after a new ceasefire – a third one agreed for now – was supposed to take effect at 8am local time. It …
Read More »Hours into new ceasefire in Nagorno-Karabakh, Armenia & Azerbaijan trade blame for violating it
The mutual accusations came on Sunday just hours after the fighting was supposed to be stopped by all sides on midnight Sunday local time (20:00 GMT). Azerbaijan said its opponents shelled locations around the town of Jabrayil which were claimed to have been captured by Azerbaijani troops during the hostilities. …
Read More »New trade war front? US looks into Vietnam’s trade & currency practices
The probe, launched at President Donald Trump’s direction and announced by the US Trade Representative’s office late on Friday, focuses on two issues. The first is whether Vietnam deliberately undervalued its currency, the dong, thus making its products cheaper abroad and harming US commerce. “Unfair currency practices can harm US …
Read More »Brexit: Biden tells UK there will be no US trade agreement unless Northern Irish peace deal is respected
Prime Minister Boris Johnson has unveiled legislation that would break parts of the Brexit divorce treaty with the European Union relating to Northern Ireland. He blamed the EU for putting a revolver on the table in trade talks and trying to divide up the United Kingdom. Johnson also told The …
Read More »US violated trade rules with 2018 China tariffs, WTO rules – but good luck enforcing it
The US violated the General Agreement on Tariffs and Trade (GATT) treaty when it imposed 25 percent tariffs on $234 billion in Chinese goods in 2018, the WTO declared in its ruling on Tuesday, finding in favor of Beijing in the ongoing trade dispute between the two countries. The three-person …
Read More »The Moscow stock exchange collapsed in the opening trade
At the opening of trading on the Moscow stock exchange today, March 10, the dollar rose to 72 rubles 77 kopeks, Euro up to 82 rubles 60 kopecks. The RTS index — minus of 13.57%. As reports “Says Moscow”, the Action “Rosneft” have fallen by 12.2%, “Gazprom” — by 12.8%, …
Read More »Than Russian trade
For economic relations with the outside world leaving the 2010s, can confidently be called the lost decade. Information about Russian international trade is more difficult to fraud than any internal options, whether they involve industry, the level of consumption, say, or housing. More interesting to compare the just-published report on …
Read More »The escalation of a trade war between the US and China will be no more?
The United States managed to achieve considerable progress in trade negotiations with China. This was stated by us President Donald trump, explaining that the parties had reached “the first meaningful stage of the agreement. “ Previously, the Agency Bloomberg reported that the US and China in the new round of …
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