World Economy

Donald Trump says US relationship with Russia has 'never been worse' ahead of talks with Vladimir Putin

American relations with Russia have "never been worse", Donald Trump has said ahead of one-on-one talks with Vladimir Putin.<p>The US president set the scene for his summit with the Russian leader with a post on Twitter hours before the pair are scheduled to meet in Helsinki.<p>Their summit in Helsinki …

Russia

Oil-rich Nigeria outstrips India as country with most people in poverty

Nigeria, one of Africa’s two wealthiest economies, has overtaken India as home to the world’s greatest concentration of extreme poverty, amid warnings that the continent will host nine out of 10 of the world’s poorest people within 12 years.<p>The claim comes as concerns mount that the growth in …

India News

EU official urges Trump, Putin not to destroy global order

A senior European Union official on Monday urged President Donald Trump, Russian President Vladimir Putin and China to work with Europe to avoid …

European Union

China's Cooling Economy Spells Trouble Ahead for Global Growth

Confirmation that China’s economy is slowing amid an escalating trade war is a worrying omen for global growth.<p>Data released since Friday has …

China

Trump Says European Union Is America’s Biggest ‘Foe’

President Trump called the European Union a “foe” of the United States in an interview which aired Sunday, just one day before his controversial — …

European Union

EU digital trade policy proposal opens a loophole for data protectionism | View

<i>By Nigel Cory</i><p>It’s well past time to update European Union trade policy for the digital age, as cross-border data flows are an inherent part of the increasingly global economy and international commerce. The European Commission took a step in the right direction with its recently outlined vision for …

World News

Wholesale Inflation Jumps To Four-Year High In June

India's wholesale price-based inflation jumped to its highest level in more than four years last month on rising fuel prices, surpassing street …

Markets (India)

The Unfair Trade Argument Is Exactly How People Criticize Walmart

As Trump’s trade war continues to deepen and spread across our major trading partners, many people are still struggling to understand why economists don’t seem to want to protect American jobs and why tariffs we levy on other countries actually hurt us, too. Interestingly, the exact same arguments …

eCommerce

Trump Shakes the International Order. Could It Break?

LONDON — The world’s first-ever theory of war, concerning two Greek cities, might appeal to President Trump.<p>Athens and Sparta, old allies, went to war 2,500 years ago, according to the historian Thucydides, when plucky Athens grew powerful enough to rival Sparta, then the pre-eminent Greek power. …

Geopolitics

Mining and Metals in a Sustainable World - Reports - World Economic Forum

Scoping Paper:<br>Mining and Metals in a<br>Sustainable World<p>World Economic Forum Mining & Metals Industry Partnership in collaboration with Accenture<p>Click …

World Economic Forum

GOP senator: Trump’s policies doing 'permanent damage'

Sen. Ron JohnsonRonald (Ron) Harold JohnsonGOP senators introduce resolution endorsing ICE GOP senator: Trump admin's handling of migrant family …

Donald Trump

Brexit: DUP seeks legal guarantee over border

<b>The government will come under pressure on Monday to give a legal guarantee that there will be no border down the Irish Sea after Brexit.</b><p>The move is supported by the Democratic Unionist Party (DUP) in an amendment to the Customs Bill which is due before Westminster.<p>The party is also due to meet the …

Great Britain

Banks Are Facing a Squeeze From Trump's Trade War

For banks that finance trade in Asia, the tariff war between the U.S. and China couldn’t come at a worse time.<p>Lenders globally have faced declining …

Economy

EU's Tusk calls on China, U.S., Russia not to start trade wars

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Free Sign Up<p>Already have an account? Sign …

Economy

Brewing problem: Americans are paying more for their beer as aluminum tariffs hit cans

When the CEO of Octopi Brewery gazes up at the enormous stack of aluminum beer cans in his Wisconsin brewery, Isaac Showaki sees potential for …

Tariffs

Citi Says Trump ‘Brutal’ on Trade But Sees Deals by Midterms

© Reuters. Citi Says Trump ‘Brutal’ on Trade But Sees Deals by Midterms<p>(Bloomberg) -- After U.S. moves on global trade policy that have shredded …

Economy

This Is How Globalization Is Affecting Entrepreneurs

From the moment humans tapped into their need to explore, globalization was inevitable. And encounters between differing tribes, nations, and cultures have driven innovation and fueled the imagination.<p>The internet and worldwide travel options have taken us to new global heights more rapidly than in …

Entrepreneurship

Superbugs win another round after pharma giant quits antibiotics battle

<b>The fight against life-threatening infections suffered another blow when one of the world’s biggest drugmakers waved the white flag.</b><p>Novartis AG is …

India News

[Ticker] Italy accepts migrant boat after help promises

Interview<p>Let's not be 'naive' with Chinese partner, says senior MEP<p>Today, 09:05<p>"There is a Chinese egoism that we cannot overlook," says Jo Leinen, …

European News

May Calls on Britons to Back Her Plan, or Risk No Brexit

Prime Minister Theresa May defended her plan for leaving the European Union as the only viable option, and called on voters and lawmakers to get …

Great Britain

China's second quarter growth meets expectations at 6.7%

<b>China's economy grew at an annual pace of 6.7% in the three months to June, official data showed, meeting forecasts for the period.</b><p>That marked a slight slowdown from a 6.8% expansion recorded in the previous quarter.<p>The data comes as the government attempts to curb growing debt and as trade …

Business

Boeing kickstarts air show with order for jets worth $4.7 billion

(Reuters) - Boeing Co (BA.N) said on Monday it won an order for 14 freight aircraft for a value of $4.7 billion, firing the opening salvo against rival Airbus SE (AIR.PA) in a contest for business on day one of the Farnborough Airshow.<p>Logistics group DHL placed the order for the 777 freighters and …

Air Shows

Theresa May Says Trump Advised Her to Sue the EU

LONDON—U.K. Prime Minister Theresa May on Sunday revealed the secret advice she received from President Donald Trump on how to handle Brexit talks: He suggested the U.K. sue the European Union.<p>At a joint press conference with the U.K. leader Friday, Mr. Trump referred to a “tough” and “brutal” …

Great Britain

President Trump's trade war, launched without a strategy to win it, is backfiring: Joseph Grieco and Tim Buthe (Opinion)

President Donald Trump has told us that "trade wars are good, and easy to win." He seems to have thought that just threatening to impose tariffs …

Donald Trump

Premier Doug Ford removes Ontario’s trade representative in Washington

Premier Doug Ford has dismissed Ontario’s representative in Washington at a time of unresolved trade talks in the U.S. capital, a move that is part of a broader purge of provincial officials appointed by the former Liberal government.<p>Ontario’s new Progressive Conservative cabinet fired Monique …

Canada

Rethinking Personal Data - Reports - World Economic Forum

Strengthening trust requires innovation along multiple fronts and over a longer time horizon. Despite the long-term nature of the evolution, …

Innovation

U.S. credit market fires warning about recession | Reuters

* Rising risk premiums on corporate bonds may be omen<p>* Investors already wary of flattening yield curve<p>* U.S. economy seen strong, keeping default rates low<p>By Richard Leong<p>NEW YORK, July 16 (Reuters) - A reliable bond market indicator may be waving the flag that a U.S. recession is coming, market …

Economy

The 8 at 8: Monday

Image: Lisovskaya Natalia via Shutterstock<p>Image: Lisovskaya Natalia via Shutterstock<p>EVERY MORNING, <i>TheJournal.ie</i> brings you all the news you need to …

Globalization

India’s Social Revolution

Such a fall would give the government greater flexibility to undertake infrastructure spending, which, in turn, would boost growth and jobs. It is …

Indian Politics

Generation XX: January 2069

AS THE GLOBAL elite gathered this week for the World Economic Forum’s annual meeting in Davos, the exclusive Alpine mountain-biking resort, the …

CEOs