14582
No Trade War
World Economy

No Trade War

Statements on allegedly unleashing trade war between Russia and Kazakhstan are incorrect, Dmitry Peskov, spokesman of Russia’s President Vladimir Putin said, Tass reported. He was commenting on a publication by Kommersant daily saying that Moscow and Astana had exchanged trade bans. “I think it is a strong exaggeration. I don’t have any detailed information about what is exactly going on, but in any case I think such phrasings as “trade war” are not correct “, he said. Last year’s steep devaluation of the ruble currency complicated matters, however, as Russian products have suddenly gained a competitive edge in Kazakhstan and other post-Soviet countries.

Short URL : http://goo.gl/AOYJJG

You can also read ...

World Stocks Stumble as US Yields Near 3% Barrier
World stocks slipped on Monday as investors braced for a...
Asean: Reconciling Consensus With New Realities
Asean’s rapid expansion in the 1990s further deepened...
Retail sales in Vietnam rose nearly 11% last year to $129 billion.
Vietnam is set to remain the fastest-growing major country in...
Angola Growth Revised Upwards
Angola’s economy is expected to grow by 2.2% this year and 2.4...
DXB Entertainments, the operator of Legoland Dubai, last month announced the restructuring of $1.1 billion worth of debt.
There has been an uptick in recent months in heavily-borrowed...
Germany’s industrial production, exports and retail sales declined in the first quarter, signaling that growth had slowed down.
The outlook for business activity in Germany’s private sector...
Slightly weaker data on industrial production, retail sales and construction suggest the eurozone is going through a period of slightly lower economic growth  in the first months of 2018.
When will the European Central Bank join the US Federal...
Truth and Transparency Key to Rebuilding Trust
The International Monetary Fund welcomed calls from the US...

Trending

Googleplus