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UK Falling Trade Deficit Rebukes Brexit Fearmongers
A decline in Britain’s trade deficit due to a sharp increase in exports is emboldening supporters of the UK leaving the European Union. The country’s trade deficit with foreign...
Turkmenistan Seeks Military Assistance from Russia to Preserve Border Security
Russian media announced that Moscow would provide financial assistance and weapons to Turkmenistan forces, according to EurasiaNet. Turkmenistan has remained neutral, but authorities grow increasingly worried over the growing...
OECD: Air Pollution May Cost World Economy $2.6 Trillion per Year by 2060
At this point, there are few that contest that air pollution reduces the quality of life in urban centers and may be a major contributor to climate change. However,...
Weak Jobs, Consumer Activity Hint at Weakening American Economy
A disappointing increase in job openings and a poor increase in consumer credit indicate Americans are increasingly struggling to make ends meet. In April, consumer credit rose just $13.4...
Kenyan Government Bans Political Protests: Opposition Will Defy Decree
CORD, an organization helmed by opposition leader, Raila Odinga, intends to negate an official mandate banning protests after demonstrations have resulted in damaged property and loss of life, according...
ICC: Singapore Top Destination for International Arbitration in Asia
The International Chamber of Commerce (ICC) Court of Arbitration released a list of its top destinations for international arbitration. With the growing economic importance of Asia, it is no...
Worsening Labor Conditions Spook Federal Reserve
Deterioration in America’s job market are making the Federal Reserve reverse course on its plans to raise borrowing costs. In May, several chief Fed officials gave public speeches and interviews...
Formula One Urged to Decry Azerbaijan’s Human Rights Record
Sport for Rights, an organization that highlights human rights abuses in Azerbaijan, has urged Formula One to speak out against transgressions committed by the state, according to The Guardian....
WTO: “Money Laundering Tariff” Judgment for Panama against Colombia
On Tuesday, the World Trade Organization (WTO) granted an appellate ruling in favor of Panama against Colombia. The ruling pertained to Colombia’s use of high tariffs on imported textiles,...
UK Sees Economic Bright Spot
A small improvement in manufacturing in the UK surprised economists, as the country looks at its economic future in the European Union. The most recent Markit Purchasing Managers Index...