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EU Puts Forth Counter Tariffs Worth 93 Billion Euro If US Talks Fail
EU states on Thursday approved a 93-billion-euro ($109-billion) package of counter-tariffs on US goods that would kick in from August 7 if talks with the United States fail, European diplomats said.
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Trump Now Raises Duty On Low-Cost Imports From China To 90%
US President Donald Trump has signed an executive order raising duties on small packages sent from China from 30 to 90 percent, a move likely to disrupt the import of popular low-cost products.
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Swiss Government Adopts More EU Sanctions On Russia And Belarus
Switzerland adopted the latest EU sanctions package on Russia and Belarus, the government said on Monday. The move came one week after the European Union targeted Moscow's vessels and Chinese entities found to have traded with the Russian military.
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Japan And South Korea Sanction Entities Over North Korea-Russia Arms Trade
Japan and South Korea on Friday announced separate sanctions packages targeting companies, vessels, or individuals allegedly involved in supplying North Korean weapons to Russia for use in Ukraine, in violation of UN resolutions.
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Groups Urge US Regulators to Investigate EA’s FIFA: Ultimate Team for Misleading Use of ‘Loot Box’
Fairplay, Center for Digital Democracy and 13 other organizations have requested US regulator Federal Trade Commission to investigate video game maker Electronic Arts for the misleading use of a digital ‘loot box’. The EA game ‘FIFA: Ultimate Team’ has been blamed to provide users ‘loot box’ that urges players to spend more money while ...
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Cryptocurrency Fan Tokens Said to Be a Part of Lionel Messi’s Paris Saint-Germain 'Welcome Package'
Lionel Messi's transfer to Paris Saint-Germain included a payment in cryptocurrency fan tokens, a source close to the matter said, providing another big name endorsement for new digital assets.
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US Senate Passes Sweeping Bill to Address China Tech Threat, Authorises $190 Billion for Research
The US Senate voted 68-32 to approve a sweeping package of legislation intended to boost the country's ability to compete with Chinese technology.
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UK, India To Start Formal Free Trade Agreement Talks Within Month
Britain and India will begin formal free trade deal talks later this year, the UK government said Tuesday, after they agreed an initial package to boost bilateral trade and investment.
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India, US Have Frictions, Frustrations On Trade Front: Outgoing US Envoy
There is plenty of scope to expand the flow of goods and services between India and US to reach the full potential of the economic relationship, US Ambassador Kenneth Juster said on Tuesday and noted that "there are frictions and frustrations on the trade and investment front" and the two countries have not been able to conclude "even a small trade...
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Reforms To Help Farmers Earn More, 1 Lakh Crore For Agri Infrastructure
The government will provide Rs 1 lakh crore to fund agriculture infrastructure projects, Finance minister Nirmala Sitharaman said on Friday. It will also amend the Essential Commodities Act to ease restrictions on trade of farm products and enable better prices for farmers, she said in her third set of announcements on the mega economic stimulus to...
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Recession To Hit Developing Nations, May Spare China, India: UN Report
The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic, spelling serious trouble for developing countries with the likely exception of India and China, according to a latest UN trade report.
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10 Trade Unions Demand Rs 7 Lakh Crore Coronavirus Relief Package From PM Modi
Central trade unions on Thursday urged Prime Minister Narendra Modi to announce a financial package of Rs 5-7 lakh crore for the worst-affected segments of the working population, saying their survival is in jeopardy due to the lockdown in the country.
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India Close To Signing A Trade Package With US, Says Envoy
India and the US are close to concluding a trade package that would provide enhanced market access to both countries, India's outgoing Ambassador to the US Harsh Vardhan Shringla has said.
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Important Trade Issues Between India-US Resolved: Report
India and the US are understood to have resolved most of the important trade issues, thus paving the way for an ''initial trade package'' wherein the two countries are looking for an equitable market access.
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China Rolls Out World's Largest 5G Mobile Phone Network
China's three state-owned wireless carriers debuted 5G mobile phone services Thursday, a milestone in the country's push to become a technology power even as it remains locked in a trade war with the U.S. China Mobile Ltd., the country's largest carrier, unveiled its network in 50 cities including Beijing, Shanghai and Shenzhen, with packages price...
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EU Puts Forth Counter Tariffs Worth 93 Billion Euro If US Talks Fail
EU states on Thursday approved a 93-billion-euro ($109-billion) package of counter-tariffs on US goods that would kick in from August 7 if talks with the United States fail, European diplomats said.
-
Trump Now Raises Duty On Low-Cost Imports From China To 90%
US President Donald Trump has signed an executive order raising duties on small packages sent from China from 30 to 90 percent, a move likely to disrupt the import of popular low-cost products.
-
Swiss Government Adopts More EU Sanctions On Russia And Belarus
Switzerland adopted the latest EU sanctions package on Russia and Belarus, the government said on Monday. The move came one week after the European Union targeted Moscow's vessels and Chinese entities found to have traded with the Russian military.
-
Japan And South Korea Sanction Entities Over North Korea-Russia Arms Trade
Japan and South Korea on Friday announced separate sanctions packages targeting companies, vessels, or individuals allegedly involved in supplying North Korean weapons to Russia for use in Ukraine, in violation of UN resolutions.
-
Groups Urge US Regulators to Investigate EA’s FIFA: Ultimate Team for Misleading Use of ‘Loot Box’
Fairplay, Center for Digital Democracy and 13 other organizations have requested US regulator Federal Trade Commission to investigate video game maker Electronic Arts for the misleading use of a digital ‘loot box’. The EA game ‘FIFA: Ultimate Team’ has been blamed to provide users ‘loot box’ that urges players to spend more money while ...
-
Cryptocurrency Fan Tokens Said to Be a Part of Lionel Messi’s Paris Saint-Germain 'Welcome Package'
Lionel Messi's transfer to Paris Saint-Germain included a payment in cryptocurrency fan tokens, a source close to the matter said, providing another big name endorsement for new digital assets.
-
US Senate Passes Sweeping Bill to Address China Tech Threat, Authorises $190 Billion for Research
The US Senate voted 68-32 to approve a sweeping package of legislation intended to boost the country's ability to compete with Chinese technology.
-
UK, India To Start Formal Free Trade Agreement Talks Within Month
Britain and India will begin formal free trade deal talks later this year, the UK government said Tuesday, after they agreed an initial package to boost bilateral trade and investment.
-
India, US Have Frictions, Frustrations On Trade Front: Outgoing US Envoy
There is plenty of scope to expand the flow of goods and services between India and US to reach the full potential of the economic relationship, US Ambassador Kenneth Juster said on Tuesday and noted that "there are frictions and frustrations on the trade and investment front" and the two countries have not been able to conclude "even a small trade...
-
Reforms To Help Farmers Earn More, 1 Lakh Crore For Agri Infrastructure
The government will provide Rs 1 lakh crore to fund agriculture infrastructure projects, Finance minister Nirmala Sitharaman said on Friday. It will also amend the Essential Commodities Act to ease restrictions on trade of farm products and enable better prices for farmers, she said in her third set of announcements on the mega economic stimulus to...
-
Recession To Hit Developing Nations, May Spare China, India: UN Report
The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic, spelling serious trouble for developing countries with the likely exception of India and China, according to a latest UN trade report.
-
10 Trade Unions Demand Rs 7 Lakh Crore Coronavirus Relief Package From PM Modi
Central trade unions on Thursday urged Prime Minister Narendra Modi to announce a financial package of Rs 5-7 lakh crore for the worst-affected segments of the working population, saying their survival is in jeopardy due to the lockdown in the country.
-
India Close To Signing A Trade Package With US, Says Envoy
India and the US are close to concluding a trade package that would provide enhanced market access to both countries, India's outgoing Ambassador to the US Harsh Vardhan Shringla has said.
-
Important Trade Issues Between India-US Resolved: Report
India and the US are understood to have resolved most of the important trade issues, thus paving the way for an ''initial trade package'' wherein the two countries are looking for an equitable market access.
-
China Rolls Out World's Largest 5G Mobile Phone Network
China's three state-owned wireless carriers debuted 5G mobile phone services Thursday, a milestone in the country's push to become a technology power even as it remains locked in a trade war with the U.S. China Mobile Ltd., the country's largest carrier, unveiled its network in 50 cities including Beijing, Shanghai and Shenzhen, with packages price...
