Highlighting the opinions and thoughts of policymakers and think-tanks on global trade and foreign policy
Actually, there is no floor to the price of oil. The oil floor is the cash cost of shale, which is about $20-$25, so it can go as low as that but it won’t stay there.
(Source: International Business Times)
Fereidun Fesharaki, Chairman, FACTS Global Energy (FGE) Speaking at 18th Annual Credit Suisse Asian Investment Conference
I have assured the EU ambassador and ambassadors of individual EU countries that we are ready to talk with the European community. They have been our traditional trading partners.
(Source: PTI)
Nirmala Sitharaman, Minister of Commerce and Industry, Speaking about the status of the proposed India-EU FTA
The rupee has remained strong relative to peer countries. While an excessively strong rupee is undesirable, it too creates disinflationary impulses.
(Source: PTI)
Raghuram Rajan, RBI Governor, Commenting on the strengthening of the Indian rupee
It is possible to insulate trade from politics based on global experience. China-Taiwan and China-Japan have outstanding and even festering disputes but are still large trading partners.
(Source: PTI)
Subramanian Swamy, BJP leader, Addressing an ASSOCHAM convention on India-Pakistan trade
Not only Japan, but also other member nations, share a view that TPA is an essential condition for the TPP agreement. I would like President Obama to make the utmost effort.
(Source: The Business Times)
Akira Amari, Japanese Economy Minister, Urging US President Barrack Obama to bring in legislation in US for a trade promotion authority
(The dollar strength) really is the ECB. They’ve resisted this for years. ECB’s Quantitative Easing is a major development in global financial markets.
(Source: CNBC)
James Bullard, St. Louis Federal Reserve President, On the reasons for the US dollar trading at a 12-year high
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