The British government is formally examining the benefits and feasibility of using electronic currencies (e-currencies) such as Bitcoin, as thousands are turning their backs on traditional forms of finance.
Labour has backed an anti-privatization bill that excludes the NHS from the Transatlantic Trade and Investment Partnership (TTIP). Trade unionists and academics warn the cross-border deal could lead to the irreversible privatization of the health service.
Apple is in early stage talks with Iranian distributors about entering the country’s market after the US began to loosen sanctions on exports to Iran. A sign of warming relations with Teheran is seen after a 35 freeze that began in 1979.
While working towards greater cooperation to harness its maritime potential, nationalist “Jokowi” will also not shy away from standing up against external incursions impinging upon Indonesia’s national interests.
Contraband pork has been smuggled into Russia from the EU under the guise of chewing gum, frozen juice and mushrooms, Russia’s food safety regulator has reported. Pork imports from Europe have been banned since an outbreak of swine fever in January.
Russia has placed a ban on the import and transit of all fruit and vegetables from Ukraine, starting Wednesday, for fear they may originate from the EU, Russia’s consumer health watchdog Rosselkhoznadzor has said.
Russia’s recent trade figures show strengthening ties eastwards, not westwards. Trade with the 28-nation European Union declined 3.2 percent from the same period last year, whereas trade with China increased by 3.4 percent.
Investors are concerned about the future stability of Britain’s business environment, warning of a “huge uncertainty shock” if the UK leaves the European Union, or ends up with another coalition government after next year’s general election.
Even the Swiss economy isn’t immune to the "fragile and vulnerable eurozone" and has cut growth forecasts for this year and next. The government points its finger at weak exports to Germany and geopolitical crisis in Ukraine and the Middle East.