On 15 January, after 18 months of a trade war with China, United States President Donald Trump and Vice Premier Liu He of China signed a “Phase 1” trade agreement. Treasury Secretary Steven Mnuchin proclaimed this as a “big win”...
The "golden power" is the guaranteed power of the public authority to intervene in market transactions involving companies qualified as strategic.
President Trump will divert another $7.2 billion of Pentagon funds for border wall construction this year, five times what Congress authorized for the project in the 2020 budget. This is the second consecutive time that the President has diverted funds...
Even before his White House ambitions, Donald Trump had marketed himself as a master deal-maker and campaigned on the promise of negotiating a fairer deal with China, calling the former setting “the worst ever”. A year into his presidency, Trump...
After two years, the trade war between China and America finally reached a truce by signing a deal that will help the two global powers to normalise their trade relations. The dispute between the two countries escalated after President Donald...
While it is tempting to believe that China’s 2019 GDP growth rate of 6.1 per cent – the lowest in three decades – is due to its ongoing trade feud with the United States, it may not be the only...
Trump wants to counterbalance China with India, which has a considerable market and offers high potentials for U.S. investors. T
The founding states of the East Mediterranean Gas Forum, a cooperation mechanism between natural gas producers and consumers in the region, have decided to turn the forum into an international organization. During a meeting in Egyptian capital Cairo on January...
Currency is not just a method of payment, general equivalent and reserve currency. It is also, if not more importantly, an instrument of power. The highest achievement of a great world power is to impose the legal tender of their...
Many countries have set up agencies to attract Foreign Direct Investment (FDI). Have they been successful in their goal? Or are these investment promotion agencies a trap for voters, instead of an effective mechanism? Notably, agencies attracting FDI have become...