The prospect of a speedy trade deal had been a significant factor in Mrs May’s decision to invite Mr Trump to the UK. US President Donald Trump started his first official visit to Britain with an undiplomatic barrage against Theresa May, saying the prime minister’s Brexit blueprint “will probably kill” any trade deal between the [...]
US tariffs on $34bn of Chinese goods have come into effect, officially confirming the long anticipated trade war between the world's two biggest economies. China immediately retaliated by executing a similar 25% tariff on 545 US products, also worth a total of $34bn. Beijing has accused the US of beginning the "largest trade war in [...]
Considering that small businesses make up 99pc of the business community, making sure that they are visible throughout the Brexit process will be critical to making it a success. In the months following the historic Leave vote, it appeared as if the UK may have been able to secure a ‘soft’ Brexit, involving continued membership of [...]
Over the last month, fears have been rising that growth in the second largest world economy is cooling quicker than was previously anticipated. Weaker Chinese growth will have ramifications for trading partners, such as the United States and Europe, and also for international companies who do business there. According to government figures the Chinese economy [...]
The 2018 FIFA World Cup will take place in Russia from June 14 to July 15, 2018. Eleven Russian cities, namely Moscow, St. Petersburg, Kaliningrad, Volgograd, Kazan, Nizhny Novgorod, Samara, Saransk, Rostov-on-Don, Yekaterinburg and Sochi, will host the championship’s matches. The Russian currency is the ruble (sometimes rouble) shorthand RUB, which is subdivided into [...]
Markets were thrown into turmoil this week following Sergio Mattarella’s - the president of Italy - decision to block the appointment of a eurosceptic finance minister, Paulo Savona, nominated by the populist Five Star Movement (M5S) and right-wing League parties, which are attempting to form a coalition government after elections in March. Instead, Mattarella appointed [...]
The Democratic Republic of Congo (DRC) economy is driven by agriculture, mineral resources, manufacturing and services. Over the past decade, the agricultural sector has been declining as the country’s major contributor to its GDP while commodities-related industries have been rising. The mining sector accounts for one-quarter of the country’s GDP which makes the country extremely [...]
The largest producers of mined lead are China, Australia, and the USA, whereas the largest producers of recycled lead are the USA, China, and Germany. China alone accounts for about 60 percent of all lead production. As well as producing 60% of the lead, China also uses over 40% of the annual global supply of [...]
Metals are tied in, like every other sector, to the global economy via a variety of exchange rate mechanisms, and metal prices change as stock markets fluctuate. Exchange rate fluctuations affect metal prices profoundly. The prices of individual metals, like prices for any commodity, are essentially determined by supply and demand. Current prices do not [...]
A commodity currency is a name given to some currencies that co-move with the world prices of primary commodity products, due to these countries' heavy dependency on the export of certain raw materials for income. Commodity currencies are most popular in developing countries such as Burundi, Tanzania and Papua New Guinea. However developed countries like [...]
