The Lebanese government has succumbed to the pressure of the people: Prime Minister Hassan Diab and his cabinet resigned on Monday. Protesters in the streets of Beirut are demanding further far-reaching reforms. Diab’s Lack of Self-Awareness The Lebanese government resigned...
The coronavirus has shifted European leaders’ attention away from the ongoing Brexit process, but the UK’s withdrawal from the EU continues thanks to negotiations currently taking place to draft a final trade deal. However, both the UK and the EU...
The economic fallout from the coronavirus pandemic will be unprecedented. Even if the American and global economy manages to achieve some stabilization post-COVID-19 through central bank stimulus packages and countermeasures, many small and medium-sized businesses will not survive. In addition...
Numerous countries have imposed lockdowns to tackle the spread of the New Coronavirus (Covid-19) that has killed more than 35,000 people globally. A lockdown is defined as the restriction of access to enter or leave a neighborhood, region or nation....
The Chinese economy is a beast that’s not easily tamed. Through the most tumultuous of times — bloodshed at Tiananmen Square, the global financial crisis, Trump’s trade war — it has continued to grow. But now, in the face of...
As the coronavirus continues to impact upon the global economy, the President of the European Central Bank (ECB) Christine Lagarde has launched an emergency €750 billion package to ease the impact of the pandemic. It will buy government and company...
The World Health Organization (WHO) confirmed 168,019 cases of the novel coronavirus, with 6,610 confirmed deaths in 148 countries and territories worldwide as of March 16. Nations in Lockdown Italy, Spain, China, France and the United States are all in...
American President Donald Trump welcomed Brazilian leader Jair Bolsonaro Saturday, March 7 to his Mar-a-lago estate in Florida where the two reportedly talked about Venezuela and closer cooperation between Brasilia and Washington, particularly on trade. What Did Trump and Bolsonaro...
Russia broke from OPEC on Friday, refusing calls to decrease oil production. President Vladimir Putin ordered his energy minister, Alexander Novak, to inform Saudi Prince Abdulaziz bin Salman of the decision, a message delivered early Friday morning at OPEC headquarters...
The US Senate Finance Committee has voted 25 to 3 to support a draft of the new North American trade deal known as the US-Mexico-Canada Agreement or USMCA. The House of Representative already approved the draft deal in December 2018...
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