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Russia offers African leaders no-strings-attached business and protection from Western pressure

21 hours ago NAMEX Comments Off on Russia offers African leaders no-strings-attached business and protection from Western pressure
Heads of African countries have flocked to Russia for a first of its kind summit, where Moscow will be offering business ties and security arrangements alternative to ‘colonial-style’ relations with the West. Over the past decade, the African continent has become a battleground for geostrategic competition involving China, the US, and the EU, which compete Read More

S&P 500, Dow gain on upbeat earnings reports; Facebook pressures Nasdaq

22 hours ago NAMEX Comments Off on S&P 500, Dow gain on upbeat earnings reports; Facebook pressures Nasdaq
(Reuters) – The S&P 500 and Dow Jones indexes rose on Tuesday, as upbeat earnings reports eased concerns over the fallout from the fragile U.S.-China trade relationship, but Facebook pressured Nasdaq after the company was hit with an expanded New York-led probe. A trader works on the floor at the New York Stock Exchange (NYSE) Read More

Losing majority with hysterical dignity? Trudeau’s ‘victory speech’ turns into scandal, as he jumps on stage interrupting rival

1 day ago NAMEX Comments Off on Losing majority with hysterical dignity? Trudeau’s ‘victory speech’ turns into scandal, as he jumps on stage interrupting rival
The series of campaigning cycle scandals in Canada spilled over into election night when Justin Trudeau took to the stage to deliver his victory speech while his main rival Andrew Scheer was still addressing his supporters. The Liberals managed to retain in power in a narrow election win getting 157 seats of 338, according to Read More

Indian PM Modi is winning his biggest war, and it’s not against Pakistan

1 day ago NAMEX Comments Off on Indian PM Modi is winning his biggest war, and it’s not against Pakistan
Indian Prime Minister Narendra Modi has engaged in his country’s most significant war – the war against extreme poverty. Based on personal experience, he has transformed India on several parameters beyond belief. Modi, who could well win a popular five-year mandate for the third time in 2024, would by then be within touching distance of Read More

India set to eclipse US with global economic growth share by 2024

3 days ago NAMEX Comments Off on India set to eclipse US with global economic growth share by 2024
India is expected to become a much bigger driver of global growth than the world’s current largest economy, the US, in just five years, according to Bloomberg calculations based on International Monetary Fund (IMF) data. The global economic watchdog warned about the risks of the slowdown that the world is currently facing as it downgraded Read More

Fallout from Trump’s trade wars felt by economies around the world

4 days ago NAMEX Comments Off on Fallout from Trump’s trade wars felt by economies around the world
WASHINGTON (Reuters) – The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan. FILE PHOTO: Newly manufactured cars of the automobile maker Honda await export at port in Yokohama, south of Tokyo June 23, 2015. REUTERS/Toru Hanai/File Photo Central bank governors and Read More

Reps. Biggs and Gaetz: Trump fulfilling campaign pledge and saving US lives by pulling military out of Syria

5 days ago NAMEX Comments Off on Reps. Biggs and Gaetz: Trump fulfilling campaign pledge and saving US lives by pulling military out of Syria
When Donald Trump was running for president, he campaigned on ending endless wars and bringing members of the American military home. Last week he ordered the few special operations forces on the Syria-Turkey border to withdraw and has drawn heavily criticism from the Washington bubble for “abandoning our allies” – the Kurds. A Republican leader Read More

Morning News Call – India, October 18

6 days ago NAMEX Comments Off on Morning News Call – India, October 18
To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here INDIA TOP NEWS • Indian court jails former MD of PMC Bank as fraud probe deepens An Indian court on Thursday sent the former managing director of Punjab and Read More

Wall Street rises on earnings, geopolitical encouragement

6 days ago NAMEX Comments Off on Wall Street rises on earnings, geopolitical encouragement
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 12, 2019. REUTERS/Brendan McDermid (Reuters) – Wall Street advanced on Thursday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments. The Dow Jones Industrial Average .DJI rose 25.13 points, Read More

Germany won’t deliver any weapons to Turkey – Merkel

6 days ago NAMEX Comments Off on Germany won’t deliver any weapons to Turkey – Merkel
Germany will not deliver any weapons to Turkey under current circumstances, Chancellor Angela Merkel said on Thursday. She added that she had urged Turkey several times to end its military operation in northern Syria, Reuters reports. “In recent days I have strongly urged Turkey… to end its military operation against the Kurdish military and I’m Read More