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Trade

Pyrrhic victory for whistleblowers on Transatlantic Trade Agreement
​Unbeknownst to the wider world, two enormous trade deals have been in the works for the past several years.

02.04.2014 08:59

Japan hikes sales tax first time in 17 years
Japanese consumers stocked up on necessities or splurged on luxury goods before April 1, when sales tax increased for the first time since 1997 from 5 to 8 percent. Tax revenues will help combat deflation and tackle the country’s $10 trillion public debt.

01.04.2014 11:00

EU cozies up to China, as relations with Russia sour
Chinese President Xi Jinping is wrapping up his official European tour. His hosts have pampered the head of state and his 200-strong business entourage as the two economic blocs work towards a multi-billion dollar free trade agreement.

31.03.2014 12:11

Crimea to be special economic zone with tax breaks
Moscow will make Crimea a special economic zone with tax breaks to attract investors, Russian Prime Minister has announced at a government session in Crimea’s capital Simferopol.

31.03.2014 09:47

​US leaders reject democracy, once again
In Crimea, some may be surprised by the US’s blatant rejection of a clear democratic mandate for independence, as leaders in Washington constantly boast of being “defenders of democracy.”

25.03.2014 21:28

​Russian metal companies to redirect to Asia if sanctions hit
Russian metal producers are looking to expand into Asian markets, in case the US and the EU impose sanctions on Russia.

24.03.2014 10:26

Sanctions effect: Russia to change its economic partners…for the better
Western sanctions might push Russia to deepen cooperation with BRICS states, in particular, to strengthen its ties with China, which will possibly turn out to be a big catastrophe for the US and the EU some time later.

21.03.2014 14:01

Above 6,000 German companies to be hit by sanctions on Russia- export body
Should economic sanctions be extended against Russia, more than 6,000 German exporters doing business with Russia would suffer, the Federation of German Wholesale, Foreign Trade and Services (BGA)warned on Friday.

21.03.2014 14:07

The New Silk Road: China looks West, Turkey looks East
With many international crises looming, China doesn’t seems to have lost its entrepreneurial spirit and is working hard at reviving the old Silk Road transportation project.

19.03.2014 15:43

Russia to redirect trade elsewhere in case of EU-US sanctions
Russia will switch to other trade partners if economic sanctions are imposed by the US and the European Union, the Russian President's Press Secretary Dmitry Peskov has said.

19.03.2014 06:33

Tough choice: Crisis in Ukraine pushes China into limbo
Chinese authorities have turned out to be at the crossroads with no clear strategy regarding the Ukrainian crisis, as any definite stance would have a negative impact on relations with one of its main partners.

14.03.2014 13:49

​EU fear of GM food from US hampers historic trade deal
An ‘enormous gulf’ has been exposed between the EU and the US through Europe’s reluctance to buy hormone meat or GM food from the US. Industry and labor groups voiced concern to EU and US negotiators that the globe’s biggest trade pact was under threat.

12.03.2014 15:08

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