Tech Tensions between China and the US escalates after US allies in Asia and Europe annountced restrictions on the sale of key technology to China. The Cyberspace Administration of China (ACA) has launched a probe into once of the America’s biggest memory chip makers, Micron Technogogy because of the cybersecury concerns. This action is perceived…
Tag: trade war
The inflation is making the West difficult to go further on Russian oil
European Union and the United States have barred the import of Russian oil to cut off the revenue source for Kremlin and force Vladimir Putin to reconsider the war in Ukraine. However, it seems like this measure hasn’t worked. When EU and the US looked at the data, they found that Russia is making just…
The global economy is on the edge of a precipice
The global economy is on the edge of a precipice, and it may be the biggest crisis since the Second World War. The invasion of Ukraine has compounded the effects of the Covid-19 pandemic. It brings the cost of the food and fuel to skyrocket which weighing on the economic recovery and fanning inflation. Rising…
“Fragmentation” is underway
“Fragmentation” – one the many buzzwords heard around Davos this week. “Fragmentation”, it is referring to a breakdown of the kind of free-wheeling, border-crossing trades and investments which have built the global economic order over the past three decades. It also means “deglobalization” – rebuilding fences between nations and nations. Deglobalization won’t happen overnight but…
Thousands of UK “Fish-and-Chips” shops would be closed in a year. Here is the reason.
Fish-and-chips shops in the United Kingdom are under a great pressure as the key ingredients – cods and sunflower oil keep soaring because of the war in Ukraine. Nearly third of the fish-and-chips restaurants will be expected to be closed in the next few months. The prices of the main ingredients started rising at the…
Decoupling, one of the biggest risk to the global economy
Global Markets may still underestimate the impact of China’s strict zero-Covid policy. Until now, nearly 400 million people across the mainland China are under full or partial lockdown. Investors probably do not aware of this zero-Covid policy as much more attention remains focused on the Russian-Ukraine war and the US Federal Reserve rate hikes. However,…