Category: Economy News

New U.S hobby: trade wars and tariffs for everyone
Economy News

New U.S hobby: trade wars and tariffs for everyone

The U.S. treasury secretary Steven Mnuchin has recently stated that the U.S. was planning to impose tariffs on U.K. carmakers. The Trump administration wants to impose the tariffs in case the U.K. doesn’t change its

The never-ending dispute: the Kashmir territory
Economy News

The never-ending dispute: the Kashmir territory

India and Pakistan are both countries with nuclear capabilities that have been fighting for years for the Kashmir territory. The dispute began before India and Pakistan won their independence from Britain in August 1947. The

Global Auto Market Outlook
Economy News

Global Auto Market Outlook

Analysts at LMC Automotive have recently provided data for vehicles sold in major global markets. Unfortunately, numbers drastically fell as sales declined to 90.3 million in 2019. It was, in truth, a tough year for

Chinese Shares Hike on Better-than-Expected Economic Growth
Economy News

Industrial powerhouse faces unemployment risk

2019 has not been too kind to Chinese economic development. A Trade War, along with the Hong Kong protests, has shaken China considerably. GDP growth fell to its lowest level since 1992. However, the republic

Global Economic forecast: World Bank’s 2020 vision
Economy News

Global Economic forecast: World Bank’s 2020 vision

The world bank has recently published its Global Economic Prospects report. It theorizes the possibility of the world economy, expanding by 2.5% in 2020. This figure is only slightly faster than in 2019, which showed

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