Aug 25,2020

Trade War Update: Phase One Trade Deal Resurfaced   The US-China trade war that started in 2018 has escalated into tit-for-tat tariffs on more than billions of dollars’ worth of trading goods, only to ease later in January 2020 after  both sides signed the ‘Phase One’ trade deal. Matters such......

Aug 21,2020

Brexit Talks Resumes: Deal Or No Deal?   The Covid-19 pandemic had struck the world for the past few months, jeopardizing the global economy while halting schools, businesses, and constructions. Besides that, Brexit negotiations that were supposed to continue since early 2020 was also paused as the United Kingdom (UK)......

Aug 18,2020

RBA Standby For Additional Policy Changes    On August 4, the Reserve Bank of Australia (RBA) released its meeting minutes stating that they would not make any immediate adjustments while monitoring the country’s situation under the impact of the Covid-19. However, members did agree that they are more than ready......

Aug 17,2020

Japan Recorded Worst GDP On Record    On Monday, Japan released its worst Gross Domestic Product (GDP), which fell by 7.8% for the second quarter of 2020. The GDP data is normally used to measure the growth of a country’s overall economy in terms of its goods and services, where......

Aug 12,2020

China-Russia Financial Alliance Challenges Dollar’s Supremacy     After the end of the gold standard era following the Bretton Woods system in 1944, the US dollar gained popularity due to its convertibility into gold. Even after the Nixon shock in 1971, where US President Richard Nixon unilaterally canceled the direct international......

Aug 10,2020

Trump’s Recent Signing; To Save The People Or His Presidency?    After the COVID-19 aid talks among Congress reached a deadlock, US President Donald Trump signed four executive orders on Saturday to expand the COVID-19 economic relief to Americans struggling from the pandemic’s impact. Among the four orders are extending......