According to the International Monetary Fund, the global economy, in spite of having reached a plateau, will continue to grow at 3.7 percent in 2019. The outlook for 2019 is better than one might expect given the negative daily news around the globe. Strong economic growth in the U.S. will...
Chinese Companies Top India's Smartphone Market
India, the world's second largest market for smartphones, is currently a key battleground for a number of phone makers from China, Taiwan, and South Korea. As smartphone shipments slow in many parts of the world, India’s handset market continues to grow. According to research firm Counterpoint, in July forty-two different...
90 percent of New Nuclear Energy Capacity will arise in India, China
According to the International Energy Agency, nuclear power production will grow by 46 percent by 2040 — and more than 90 percent of the net increase will come from India and China which are among the top consumers of energy in the world. Agneta Rising, the director general of the...
IMF: India's Economy to Grow Faster than China's
In its World Economic Outlook report the International Monetary Fund said that India should grow at 7.3 percent in 2018-2019, up from 6.7 percent last year but lower than its earlier projection of 7.4 percent in April this year. The projection was revised down due to the increase in global...
U.S. Almond Farmers Face Drop in Demand
The U.S. dominates the global almond market, accounting for just under 80 percent of production and 70 percent of the export market. However, after U.S. almonds were targeted by leading importers China and Turkey as retaliation against Washington’s steel and aluminum import duties, the price of almonds fell 14 percent...
IPC Concerned on U.S.'s Third Round of Tariffs on China
Dr. John W. Mitchell, president and CEO of IPC, the association connecting the electronics industry, expressed his concerns on the decision of the U.S. government to impose the third round tariffs on about $200 billion worth of Chinese imports. "The United States has longstanding concerns about China’s technology transfer policies....