Cobalt mining comes at a great cost to public health in the Democratic Republic of the Congo. New research reveals that children are particularly vulnerable — their urine and blood samples contain high concentrations of cobalt and other metals. In past years, the demand for cobalt has been on the increase due to its many applications. ...
The U.S. has notched up the pressure on Beijing by escalating the tariff war by sanctioning tariffs on US$200 billion worth of additional Chinese products. Enraged by the U.S. decision, China has retaliated by imposing tariffs on American imports worth US$60 billion. The tariff war The new tariffs imposed by the U.S. will raise the ...
Under pressure from U.S. tariffs that have critically hit their exports, Beijing will reportedly seek the permission of the World Trade Organization (WTO) to impose sanctions against the United States. Meanwhile, President Trump is already considering pressuring China with additional trade sanctions over their mistreatment of the Uyghur Muslim community. China’s intentions Trump had already ...
While the U.S. and China are engaged in a heated trade war where none of them seems to want to compromise their position, one country that is closely watching the developments is India. The trade war presents some serious threats and incredible opportunities for this developing nation. Risks for the Indian economy Big risks the ...
When President Donald Trump decided to impose sanctions on Chinese imports, it was with the intention of hurting the Chinese economy so as to force Beijing to agree to a fair trade policy. And it seems like Trump’s trade war plan is working out, as auto parts manufacturers from China are experiencing slow business post ...
China is once again riling up America by continuing its purchase of Iranian oil despite sanctions by the U.S.The U.S. had pulled out of the nuclear deal with Iran and re-imposed sanctions on the Middle Eastern country after President Trump found the agreement to be seriously flawed, posing a threat to the U.S. as well ...
Bloomberg in its article on July 18 pointed out that Trump’s offensive trade regulation behavior could possibly spark a Chinese debt crisis due to its credit bubble bursting as an unavoidable side effect of the dollar tightening. According to the general insight, it seems that “the whole Chinese economy is a Ponzi scheme economy.” This ...
When U.S. President Trump initiated his trade war with China, the Communist Party officials in Beijing were confident in meeting the U.S. challenge. Fast forward a few months and many Chinese leaders are now worried about the potentially devastating implications from the trade war. Chinese officials insecure over trade war Beijing’s confidence in its ability ...
When it comes to automotive manufacturing, Thailand clearly stands out by having the largest automotive industry in the entire Southeast Asian region, thus earning the moniker “Detroit of Asia.” In 2017, Thailand made about 818,000 cars and close to 1.2 million commercial vehicles. And within the first five months of 2018, car sales in the ...
The ongoing U.S.-China trade war has the entire world on edge. Many see this conflict as a prelude to what could be a seismic shift in how the global economy functions. And the fallout of the trade war might not only lead to large-scale shifts in business investment preferences, but also a huge decline in global ...
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