United States

Why Should Investors Expect Recession in 2023?

Why Should Investors Expect Recession in 2023?

Investors should expect a recession in 2023 ━ Jason Trennert, CEO of Strategas Securities, a capital market company, said in an interview. He says there are very few instances in which the inflation rate got something like 8 per cent or 9 per cent where the FED (Federal Reserve System) was able to bring it…

US Surpasses China And Become India’s Top Trading Partner

US Surpasses China And Become India’s Top Trading Partner

The United States of America (USA) surpassed China and became India’s biggest trading partner in FY22, reflecting a strong economic bond between the two countries.  The Commerce ministry’s data shows that bilateral trade between the US and India stood at $119.42 billion in 2022 while it was $80.51 billion in 2020-2021.  Exports to the US…

US and EU To Announce Joint Efforts For Semiconductor Supply

US and EU To Announce Joint Efforts For Semiconductor Supply

The United States and the European Union, on Monday, plan to announce a joint effort to identify semiconductor supply disruptions and counter Russian disinformation, officials said.  The U.S officials are visiting the French scientific hub of Saclay for a Trade and Technology Council meeting, created last when China increasingly exerted its technology clout. U.S Commerce…