Topics Archive
New Delhi cuts Iran oil imports
India does not plan to buy any Iranian oil in November, raising the prospect that Tehran will lose another major customer as U.S. sanctions hit. India and Iran have long-standing historical and…
US approves $330m military sale to Taiwan
The US risks more tensions with China over the arms deal with Taiwan. Taiwan is a self-ruling state which China claims as a part of its territory under the ‘One China’ policy. The United States did…
Abe expresses hope for global trade
Japan will advocate for free trade as a country that has enjoyed the benefits of the post-war years according to the Japanese PM. He also expressed his determination to meet with North Korean leader…
Sweden’s PM Loses No-Confidence Vote
Sweden’s Prime Minister Stefan Lofven lost a confidence vote in Parliament on Tuesday after far-right Sweden’s Democratic-backed centre-right alliance bid to oust the Social. Europe is at the centre…
Fintech: for Millennials Only?
Fintech is widely seen as a disruptor of the traditional asset management industry with their heavy use of technology, low overhead and their millennial appeal. However, it remains to be seen if…
‘Special Vehicle’ to facilitate business with Iran
The European Union said late Monday that it would establish a special payment channel to allow European and other companies to legally continue financial transactions with Iran while avoiding…
Is Bitcoin Actually Innovative?
Bitcoin’s trading frenzy and rising prices have attracted a great deal of attention and lured an increasing number of investors. However, widespread adoption will require true convenience and…
IL&FS cause liquidity crunch
The risking risk of loan default by the Infrastructure Leasing & Financies Services Limited firm raises concerns about market stability, which will be affected by the company’s failure to repay…
Uganda in high alert over Ebola
Authorities in Uganda are on high alert after the Democratic Republic of Congo on Friday confirmed a case of Ebola on its border with Uganda. The Ebola Virus Disease (EVD) is a severe illness in…
South Africa’s Economic Rescue
South Africa is in a recession for the first time since the financial crisis of 2008. The President’s platform has been in economic recovery since he began his term, but he has failed to revitalize…
Maldivian opposition declares victory
Maldives opposition presidential candidate Ibrahim Mohamed Solih declared victory in the country's presidential elections on Sunday. The vote, seen as a referendum on democracy, will decide whether…
Sino-US Trade War Alarms Japan
The recent trade tensions between the U.S. and China has been escalating, with detrimental effects on Japan and other countries that trade extensively with the two. Manufacturers in Japan are…
The 73rd UN General Assembly Debate
Leaders from around the world will meet in New York on September 25th for the Annual General Debate at the United Nations. Russian President Vladimir Putin, Chinese President Xi Jinping, and Myanmar'…
World Oil demand to peak at 104.4mn bpd: UNIPEC
China International United Petroleum & Chemicals Co., Ltd. (UNIPEC) announced that the world oil demand will peak at 104.4 million barrels per day (bpd) in the mid-2030s. This is up from the…
Mike Pompeo condemns China’s treatment of Uyghurs
The United States denounced China's treatment of its Uighur Muslims in unusually strong terms, adding to a growing list of disputes in increasingly turbulent relations between the two powers. The…
Pompeo promises action against Venezuela
Secretary of State Mike Pompeo vowing to take a "series of actions" against the government of Nicolas Maduro in the “best interest” of Venezuelans. The Bolivarian Republic of Venezuela is located in…
Germany approves arms sales to Saudi Arabia
The German government has approved the delivery of controversial weapons systems to Saudi Arabia, the United Arab Emirates and Jordan, despite a January ban on arms sales to countries embroiled in…
Trump hails ‘diplomatic success’ with North Korea
The US leader now boasts of his friendly, working relationship with North Korean strongman Kim Jong Un. This comes just one year after President Donald Trump threatened Pyongyang with “fire and fury…
U.N. chief urges Myanmar government to free journalists
UN Secretary General has called for Suu Kyi-led government to free reporters from Reuters who were arrested for reporting in the Rakhine state. The Rohingya are an ethnic Muslim minority group from…
Global financial crisis in 2020
The multinational investment bank and financial services company, JPMorgan has predicted that the next global financial crisis will strike again in 2020. Though it has been over a decade since the…