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Last Updated: Oct 19, 2018 - 11:22:30 AM |
Business
EU Trade Policy in the Age of U.S. Protectionism
In the escalation of the U.S.-China trade war, the EU is trying to remain neutral. However, the consequences of the conflict and the immediate risk of a trade dispute with the U.S. threaten the economic growth of the Union, strongly dependent on exports. This is especially true for the euro area. At the same time, protectionist measures taken by the U.S. mobilise the EU to accelerate work on concluding free-trade agreements with other partners.
Oct 19, 2018 - 11:21:33 AM
Business
Zimbabwe rescued as $500m forex facility is approved
The Africa Export-Import Bank (Afreximbank) has come to the rescue of ailing Zimbabwe, confirming on Tuesday that the bank will avail a $500 million (R7.1 billion) facility to help Zimbabwe stabilise its foreign currency position to enable the importation of key commodities.
Oct 19, 2018 - 11:07:34 AM
Business
Eurozone faces critical budget issue as Italy defies the rules
For the first time since post-crisis rules entered into force, all eurozone countries are to submit their draft budget plans to the European Commission, but the Commission could also make an unprecedented move itself: sending one of budgets back to where it came from, most likely, Rome.
Oct 17, 2018 - 3:17:05 PM
Business
Ties between African countries and China are complex. Understanding this matters
The complex relationship between Africa and China has become even more complicated this year. Initially, 2018 was set to reaffirm the bond through the latest Forum on China-Africa Cooperation summit held in Beijing in September. The summit delivered its usual pageant of African leaders, side deals, and the announcement of a USD$60 billion financing package. The year also saw the recurrence of misgivings about the relationship.
Oct 17, 2018 - 3:07:37 PM
Business
China: Disappearing Act
For nearly a month now Chinese media have been operating under orders from the government to exercise care in reporting economic data
Oct 14, 2018 - 11:31:43 AM
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