Trade War

Australia is stuck between a rock lobster and a hard place. Its biggest trading partner is China, expected to become the world's biggest economy. That should be good news, but there's a catch: Canberra also craves the security and legitimacy it gets from being allied with the United States and…

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World Trade Organisation boss Ngozi Okonjo-Iweala has played down the chances of a UK-EU trade war over Northern Ireland, saying she would be a “little surprised” if it came to that. The WTO director general told journalists today that a trade war would be “too costly for both sides”. The…

Head of WTO says she hopes there will be no UK-EU trade war ReutersLast Updated: Jun 12, 2021, 07:03 PM IST Synopsis "I would really, really hope that a UK-EU trade war will not take place," WTO Director-General Ngozi Okonjo-Iweala said in response to a question when speaking to reporters…

June 12 (Reuters) - The head of the World Trade Organization said on Saturday she hoped that post-Brexit tensions between Britain and the European Union would not escalate into a trade war. “I would really, really hope that a UK-EU trade war will not take place,” WTO Director-General Ngozi Okonjo-Iweala…

British Prime Minister Boris Johnson discusses the foreign aid cap with a member of an engagement group during a visit to Falmouth's Maritime Museum to meet volunteers and to thank them for hosting the media centre for the G7 Summit, in Falmouth, Britain June 10, 2021. Leon Neal/Pool via REUTERS…

Getting to grips with . . . Brussels to react ‘swiftly, firmly and resolutely’ if the UK continues to delay Northern Ireland border checks by The Week team 8 Jun 2021 The EU is said to be threatening a “sausage trade war” with the UK if it fails to comply…

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(Variety) Chinese games and tech firm NetEase has unveiled plans to spin off its music streaming business NetEase Cloud Music into a company that would have its own listing on the Hong Kong Stock Exchange. It had 180 million monthly users at the end of 2020, making it the number two…

Driving along the Great Northern Highway through Western Australia's remote Pilbara region at sunrise is a unique experience. A landscape of gold, red and green surrounds you, the sky glows with a pink hue and the air is crisp. Underneath all that natural beauty lies the single most valuable thing…