But, this obviously leaves many out. For the rest come more conditions. Tech workers or senior managers travelling to the US need to prove that they indeed contribute to the recovery of the US economy in the post COVID-19 world. They need to be working in the areas such healthcare, critical infrastructure support or food and agriculture. … [Read more...] about US election 2020: Uncertainties remain despite visa relaxations, reopening of H-1B lottery
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The story for copper remains intact currently given that Chinese demand is picking up and niggling supply risks (Strikes in northern Chile) still remain, which would keep prices higher at least for a little while longer. However the reflation trade, at least in the US, seems to have a hit a wall, with investors uncertain about policy and administration under Mr. Trump. We expect the prices to hit a consolidation phase or even tend slightly lower, to digest the rise in the last two months but over the longer term, we remain firmly bullish on Copper. … [Read more...] about Copper shines in reflation trade
It took Trump himself to unwind the trade and much of it has happened over the last month, with uncertainty arising of the impact of Trump\\`s executive orders and Trump himself talking down a strong dollar in interactions with the press. In the last week, things have quietened a bit though, with the Trump administration acknowledging the " one China policy " and a relatively smooth meeting with the Japanese PM, Shinzo Abe. The key will be Yellen\\`s bi annual testimony which will clearly point the way forward for the dollar since Yellen could continue to indicate three rate hikes for the year. Data on CPI and Retail Sales due later this week will reveal whether inflation is being buoyed up by just the oil price rise or actual spending, which would also be critical to Dollar direction. … [Read more...] about Anything is possible for the Dollar
Meanwhile, China has been busy redesigning its strategies, and its post-COVID-19 projections expect to indeed further reinforce its centrality in global supply chains as it shifts to building high-technology brands while offshoring low-value manufacturing of goods and services. China also remains central to world's largest free trade arrangement — the Regional Comprehensive Economic Partnership (RCEP), from which India decided to step aside at the last minute, in November. … [Read more...] about Supply Chain Resilience Initiative | There’s no escaping China’s growing centrality
While this isn’t a challenge, there is always that one question the promoters face: why is a garment or shoe rented out for so many thousands of rupees for two to three days, or why do they have to put a deposit down. Bhatia says, “I have spent a lot of time educating people. The clothing we are renting out is worth a few lakhs and we charge 10 percent of the garment cost, besides a deposit just in case there is some damage or loss. I have had cases where women have spilt wine or stepped on expensive gowns and then refused to pay up. In a few cases, they have just not returned the garment.” … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!