Moscow Mystery: where did all its treasuries go?
By Brian Chappatta From Bloomberg Its American debt holdings have plunged far more than any other nation’s. U.S. bond traders are fixated on Russia this week for a much different reason than most Americans. Just a day after President Donald…
The Editor Speaks: Tariffs
When US President Donald Trump started imposing tariffs it would seem not to matter to us living in the Caribbean. If it creates a trade war let the US fight it out with seemingly the rest of the world. Unfortunately…
Implications for the Caribbean as US imposes tariffs on steel, aluminium
By Dr Roger Hosein Senior lecturer in Economics, UWI From trinidad & Tobago Guardian The Trump administration imposed tariffs on steel and aluminium imports from Canada, Mexico, and the European Union effective June 1, 2018. The implementation of the tariffs…
‘Somebody needs their head examined if they think this is good for the American economy’: Businesses are sounding the alarm on Trump’s tariffs
By Akin Oyedele From Business Insider Manufacturers in Texas are the latest to warn about the adverse impact of US trade policy on their businesses. “I can’t believe the effect the tariff response has had on the metals trade,” a…
China blasts new US tariff threat, warns it will retaliate
From Newsmax China warned Tuesday it will retaliate against President Donald Trump’s latest tariff threat, fueling fears their escalating dispute could harm global trade and economic growth. The Commerce Ministry criticized Trump’s order to prepare tariffs on $200 billion of…
Google makes $550M strategic investment in Chinese e-commerce firm JD.com
By Jon Russell From TechCrunch Google has been increasing its presence in China in recent times, and today it has continued that push by agreeing to a strategic partnership with e-commerce firm JD.com, which will see Google purchase $550 million…
The Trump-Kim Summit was a great photo op, and maybe nothing more
By Jonah Shepp From New York Mag The 24-hour, by-the-minute news cycle never fares quite so poorly as it does in an event that is significant to the historical record but that produces very little actual news. The summit meeting…
Caribbean project developer victim of fake news reports
From Caribbean News Now BASSETERRE, St Kitts — On Sunday, a news story was published on a Caribbean website called MNI Alive, and later picked up by other regional media, including NewsAmericaNow and Jamaica Inquirer, reporting that Mohammed Asaria, the…
Israeli autonomous technology developer Innoviz is entering China’s car market
By Jonathan Shieber From TechCrunch Innoviz, a developer of light detection and ranging technologies for computer vision and autonomous vehicles, is getting a toehold in China, the world’s fastest growing auto market, through a partnership with the Chinese automotive supplier…
Cayman Islands receives $38 billion investment from China
From Reuters China’s overseas investment portfolio worth $498 billion last year BEIJING (Reuters) – Mainland China’s overseas portfolio investment rose last year to $498 billion from $360 billion at the end of 2016, with the Chinese territory of Hong Kong…
