International

India and Free Trade Agreements

Recently, the Regional Comprehensive Economic Partnership (RCEP) was finally signed with participation of 15 members including 10 ASEAN member countries and Australia, China, Korea, Japan and New Zealand, after over a decade of negotiations. While it is being described as the world’s largest free trading agreement, India had decided against joining RCEP last year citing …

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Google Australia Notice

Google Warns Australians Could Lose Free Search

Google on Monday criticised proposed Australian antitrust laws, saying its free search service would be “at-risk” and users’ personal data could be shared if it is made to pay news organisations for their content. The company said the proposed laws would also help big companies artificially inflate their search rankings, luring more viewers to their …

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Turkish authorities ended the week of volatility in financial markets with tightening monetary policy, which helped lift the lira back from an all-time low

Turkey’s central bank on August 7 cut off financing to local lenders at its one-week buyback rate, forcing banks to borrow at a more expensive overnight window. This will result in a 150 basis point increase in the interest rate. Regulators are also preparing to lift rules that forced lenders to increase credit, according to …

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The Central Bank of Australia left the interest rate and target rate unchanged. Economists’ forecasts

The Reserve Bank of Australia on Tuesday left the rate on the cash rate and the yield on three-year bonds at 0.25%. The bank would buy Australian government securities on Wednesday to keep yields in line with the target. The three-year yield fell 1.4 basis points to 0.255%, the largest decline since June 11. The …

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Donald Trump has pledged to ban TikTok because the administration completed a US national security review of the company

The video app had two options for solving the situation, in chaise if Microsoft bought the application from Bytedance, after changing the internal settings, the application could avoid blocking. But, Donald Trump commented on the possible sale of TikTok to the American company, on Friday night: “Not the deal you heard about, that they are …

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AstraZeneca began to receive positive results from the vaccine

A vaccine, from the University of Oxford against the coronavirus, has begun to give positive results and produce antibodies and T cells, that can fight coronavirus, the experiment was carried out on 1,077 people. The vaccine, dubbed ChAdOx1 nCoV-19, developed at an unprecedented rate and cannot cause infections in humans, it has been greatly modified …

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The US may put Tiktok in the blacklist

The administration of President of the USA with several ministers, namely the Minister of Finance and Technology and with President Donald Trump is discussing the possibility of blocking the popular TikTok application for security reasons. Since the application has every opportunity to transfer user data to China, although the company claims that all servers are …

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