Current Affairs related to International Trade and economy
CSS Editorial: It is one of the finest articles on subsidy issue in the WTO related to India for a logical understanding of India’s stand in the WTO; really very beneficial for students! Few things symbolise the WTO’s failure as evocatively as the developing world’s fight over food subsidies does. This has stalled various trade […]
According to the World Inequality Lab’s World Inequality Report 2018, the richest 1% captured twice as much as the poorest 50% of world population since 1980. In other words, since 1980, 27% of all new income worldwide was captured by the richest 1%, while the poorest 50% captured only 13% of growth. The World Inequality Report […]
Massive tax cuts for working families across America,” was how Donald Trump described the tax bill, which passed the Senate on Saturday, in the first legislative success of his Presidency. Trump also approvingly re-tweeted a group of economists at the weekend who claimed that: “The enactment of a comprehensive overhaul – complete with a lower corporate tax rate – […]
The Asia-Pacific Economic Cooperation (APEC) Summit was held in Da Nang, Viet Nam (November 6-11, 2017). Amid the fast changing geostrategic context and domestic situation in a number of countries, APEC Summit was marked by commitment to free trade and globalization despite US president Donald Trump’s reservation. It was the culmination of year-long hosting of APEC […]