EU May Reopen WTO Case Over US Tariffs
On Friday, Bloomberg reported that the EU is considering reopening a case at the World Trade Organization (WTO) which would protest the US is engaged in unfair trade practices with…
Italy Withdraws From Belt And Road
On Wednesday, Bloomberg reported that the Italian government has formally announced it will withdraw from China’s Belt and Road Initiative, because it, “has not produced the desired effects” according to…
China Seeks To Tone Down Talk Of China-EU Trade War
Following a warning by the European Commission that it may soon deploy protectionist measures to protect domestic European industry from Chinese competition, China has responded by inviting EU states to…
Russia And Vietnam Trade Settled In National Currencies Soars
In an interview with RIA Novosti in the runup to the Russia Calling 2023 investment forum, Olga Basha, VTB’s head of international settlements pointed out that trade settlements in national…
Majority Of Brits Regret Brexit
A majority of British citizens now regret leaving the European Union, and wish to rejoin, according to a YouGov poll published on Wednesday. Seven years after the UK left the…
Pakistan Applies To Join BRICS Economic Trade Alliance
On Wednesday, in an interview with the TASS news agency, Pakistan’s newly minted Ambassador to Russia, Muhammad Khalid Jamali, has announced that Pakistan is applying to join the BRICS alliance…
Argentina Will Not Join BRICS In January
Sputnik Brazil reported that Diana Mondino, senior economic adviser to the country’s president-elect, Javier Milei, said on Monday that Argentina is not planning to join the BRICS alliance of developing…
Russia And China Nearly Complete De-Dollarization
On Monday, Russian First Deputy Prime Minister Andrey Belousov announced that Russia and China have now nearly completely phased out the use of all Western currencies in trade between the…
Indonesia Could Join BRICS Alliance
Indonesian presidential candidate Prabowo Subianto told reporters during a campaign speech on foreign policy strategy that Indonesia could join the BRICS group of developing economies. Subianto, who is currently the…
BRICS To Rapidly Eclipse G7
In a new report, Bloomberg concludes the global economy is being transformed by the rapid rise of the BRICS alliance of developing nations, as the group’s share of the world…
