The global economy is already in recession as a result of the COVID-19 pandemic. The conservative estimate is that the pandemic will cost the global economy at least some US$ 1 trillion dollars this year with the World Economic Forum estimating the world economy to grow by just 0.5 percent
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The internet and technologies associated with it, are great social, economic and political leveler. Facebook, twitter, online publications have democratized knowledge. They have changed how we perceive power structures. With the internet, information is no longer the monopoly of the few in the power hierarchy. But as much as we
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Asian stocks are expected to take another beating after Wall Street suffered another rocky session. With yields on treasury bills declining, markets are not taking the latest US tariffs announcement on Chinese imports too kindly. President Donald Trump said he planned to talk to his Chinese counterpart soon regarding the
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The United States will impose 10 percent levy on additional US300 billion worth of Chinese imports starting 1 September. This latest announcement adds to the US earlier levy on US250 billion worth of Chinese imports. The new import duties will affect a broad range of goods, from toys, smartphones, electronic
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Asian stock markets are set for a better showing on speculation of a US Fed rate cut. For More….
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