Trump allowed foreign firms of China, Russia and Europe to collaborate on the civilian nuclear program with Iran’s Atomic Energy Organization while Lindsey Graham of South Carolina and Ted Cruz of Texas were extremely disagree with Trump’s decision. Analysts believe that Trump is still hopeful to meet Rouhani which can be a good support before…
Where does growth come from in 2019?
As seen in the picture, China (32.7%), U.S. (13.8%) and India (13.5%) are respectively the superior stimulators of the world’s economy! Analysts believe that China’s share of global GDP growth will decrease to 28.3% on 2024. Also India will pass US next year. India share of global GDP growth will increase to 15.5% and U.S.…
Good news on US & China trade negotiations
China and US trade negotiations continue today. Trump said that the negotiations are positive and as soon as it is finalized, he will sign it on behalf of his country, no need for politically complex Congressional Approval Process. He called it a fast and clean deal! Gold price dropped 01% in response to this news…
US economy directly influenced by the trade war
According to CNBC, the trade war between China and US caused a serious challenge for US economy. Pantheon analysts believe that an agreement between China and US till the end of 2019 should be forgotten and added that both China and US economies are negatively influenced by the cold war. Investigation of the US economic…
The invisible effects of oil attacks!
The attack to Aramco on September 14th 2019 does not only destroy 2 oil facilities and descend the global oil supply but also destroys the dream of Saudi Arabia about the US security power! It is a long time that Saudi authorities believe that their close relationships with US as well as the purchase of…
Will China and US make a trade deal before 2020 election?
Donald Trump said on Tuesday that its government can make an agreement with China by next year in order to avoid hurting the American economy before the 2020 elections, and if it doesn’t happen before the election, it may occur one day after it! Trump told China that any agreement after November 3rd 2019 will…
Trade war in a lose-lose situation for both China & US!
Fitch Ratings Inc. and Moody’s as two of the biggest credit rating agencies announced that both China and US are approaching a lose-lose situation through the cold war. According to Rick Helfenbein, president and CEO of the American Apparel and Footwear Association (AAFA), “The trade war is like a family argument, which at one point…
China decided to invest in Iranian ports
The head of Iran’s Ports and Maritime Organization (PMO) declared that Iran is so hopeful about Chinese investment in Iranian ports and Chinese authorities announced their interest in this regard. He visited Ningbo port of China as the fourth biggest port worldwide in his travel to China and both parties signed a twinning agreement. Also…
Which countries have the greatest number of students studying abroad?
According to UNESCO, china and India with the highest population in the world and the highest rate of economic growth sent the most number of students to other countries for education on 2016. The countries with the greatest number of students studying abroad on 2016 are seen in the table.
China Automotive Market Continued to Trend Down
Automobile car sales of China, the biggest car market worldwide, fell 6.9% in August compared with the same period last year. It is 14 months that China vehicle market is bearish. On the other hand, the sale of electric vehicles also decreased for the second month. It is the first time since 1990 that China…