Category: Finance

De-risking trade with China is a risky business

The competition for phrase of the 12 months is already over. Within the geopolitical class, the winner is “de-risking”. This D-word has moved from obscurity to ubiquity in lower than two months. It was the centrepiece of a speech about China made in late March by Ursula von der Leyen, the European Fee president. De-risking […]

Scottish recycling scheme ignites fresh constitutional spat with Westminster

Scotland’s first minister has accused the UK authorities of undermining devolution and disrespecting his nation’s parliament after London demanded that Edinburgh exclude glass from its deliberate recycling scheme. The dispute threatens to spark one other constitutional battle between the administrations and jeopardises the viability of a scheme that the Scottish authorities insists is essential to […]

US and China hold more trade talks despite tensions

Joe Biden’s prime commerce official and China’s commerce minister have held talks over financial and commerce disputes, within the newest indicators of tentative efforts to stabilise ties between the 2 superpowers. US Commerce Consultant Katherine Tai met Chinese language commerce minister Wang Wentao on the sidelines of an Asia-Pacific Financial Cooperation assembly in Detroit on […]

US debt ceiling deadline pushed back as talks continue

US Treasury secretary Janet Yellen has stated the federal government might run out of cash to pay all its payments on June 5, giving lawmakers a number of extra days of flexibility to strike a deal that might avert an unprecedented debt default. Yellen’s new estimate, launched on Friday afternoon, got here because the White […]

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