ECONOMICS
Europe, which has imposed tariffs of up to 45 percent on Chinese electric vehicles, fears Beijing is rapidly shifting parts of its EV manufacturing supply chain to nearby Morocco in an effort to bypass those duties and gain easier access to the European market. EU Trade Commissioner Maroš Šefčovič has
Bank of England Hikes Interest Rates in Bid to Battle Inflation
In an attempt to rein in inflation the Bank of England (BoE) on Thursday voted to raise interest rates...
Chinese Tech Giant Huawei Linked to Surveillance Operations and Intelligence Gathering: Report
An analysis by the Washington Post finds that Chinese telecommunications firm Huawei may have played...
Panic at the Fed: Interest Rate Increases Coming as Inflation Soars
On Wednesday Dec. 15, the Federal Reserve (Fed) lifted its forecast for U.S. inflation in 2022 to 2.6...
Inflation in US Alarmingly High But Might Ease Next Year
Inflation in the United States is not showing any signs of abating. On Dec. 10, the Labor Department...
The Economic Scenario Beijing Fears Most Is Just Around the Corner
News analysis On Dec. 8 through Dec. 10, China held its annual Central Conference on the Economy in...
Nicaragua Receives 1 Million COVID-19 Vaccines from China After Dropping Diplomatic Ties With Taiwan
Days after cutting formal diplomatic relations with Taiwan, the government of Nicaragua has received...
Future of Taiwan’s President Tsai Could Hinge on How She Handles a Vote on 4 Policies
While COVID-19 ravaged and devastated most of the world, Taiwan was praised and viewed as a model to...
Unsold Home Inventories in China Hit Five-Year High
In November, China’s unsold housing stock in its top 100 cities reached the highest number in five years...
Beijing Allows Real Estate Firms to Issue Debts
Regulators in China have decided to allow real estate companies to issue debts in a move aimed to help...