Category: World

U.K. politicians will resume debating Theresa May’s apparently doomed Brexit deal on Friday, with fresh warnings over what’s at stake ringing in their ears. On June 23rd, 2016, Britain narrowly voted to leave the European Union, stunning Europe and the world in general. The EU employs a set of policies for its 28-member…

Chinese policymakers are continuing their piecemeal approach to arresting the slowdown in the world’s second-largest economy, as further details emerged of measures to ensure credit to small businesses and ease their tax burden. China is the second largest economy in the world after the USA. According…

The political situation in Gabon is “under control” following an attempted military coup, a spokesman for the government has said. Five rebels had announced a coup to take over the country which has been ruled by the Bongo family for more than half a century. Gabon is a country on the west coast of Central…

The World Bank president, Jim Yong has announced that he would step down in February and join a private infrastructure investment firm. His resignation has caused some uncertainty over the World Bank’s leadership. The World Bank primarily is an international financial institution that provides loans…

David Lipton, the first deputy managing director of the IMF said that the leaders of the world’s largest industries are not prepared to face the consequences of a global economic slowdown. An economic slowdown refers to a situation when the rate of economic growth in a country is gradually declining…

China’s armed forces must strengthen their sense of urgency and do everything they can to prepare for battle, President Xi Jinping told a meeting of top brass. President Xi had earlier stated that there should be a “national reunification” of China and Taiwan by either force or compliance. The island nation…

Amidst volatile stock markets, trade war, a partial government shutdown and signs of economic slowdown, US added 312000 jobs in December 2018 and a total of 2.64m jobs. 2018 was the third best year for job growth since recession a decade ago. Unemployment generally falls during periods of economic prosperity and rises during recessions…

The Chinese population has shrunk for the first time in 70 years. Experts have warned of a ‘demographic crisis’ that will have a significant impact on the country’s slowing economy. China’s population reached the billion mark in 1982. China is presently the most populous country in the world with around 1.41 billion people…

Nancy Pelosi returned as the Speaker of the House of Representatives and was successful in passing a bill to end the partial Federal Government shutdown without allocating any funds for the Border Wall. A government shutdown occurs when Congress fails to pass a resolution or the President fails to sign appropriations legislation…

Donald Trump sparred with Democrats on Capitol Hill over ways to end the US government shutdown, as the US president invited congressional leaders to the White House for their first meeting since the budgetary stand-off began on December 22, 2018. A government shutdown occurs when Congress fails to pass or the President fails…