Xi Jinping with Donald Trump
Current and threatened US-China tariffs could slash global economic growth by 0.5 percentage point in 2020, the International Monetary Fund warned on Wednesday as world finance leaders prepare to meet in Japan this weekend. IMF Managing Director Christine Lagarde said in a blog and briefing note for G20 finance
After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation.
China’s state planner said on Friday trade frictions with the United States has had some impact on China’s economy, but it was “controllable” and countermeasures would be rolled-out when needed to
US President Donald Trump's tariff increase to 25% on $200 billion worth of Chinese goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a trade deal.
A delegation from Azerbaijan joined by businessmen representing 27 companies recently visited Dubai Chamber of Commerce and Industry’s headquarters where they held 204 meetings with potential UAE investors.
The UAE’s theme for the next year - ‘2020: Towards the next 50 years’ would catapult the country towards unprecedented development in economy, education, infrastructure, health, and connectivity, experts and businessmen have said.
China has suspended additional tariffs on some US goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the world’s two largest economies agreed a “phase one” trade deal on Friday.
The US-India Business Council (USIBC) has announced its support for the Atlantic Council Global Energy Forum to be held in Abu Dhabi next month. This will bring India into the ambit of the premier international gathering of government,