For much of the past 20 years emerging markets (EMs) have seemed doomed never to emerge. The world’s up-and-coming economies were supposed to offer daredevil investors a shot at outsize returns: the chance to profit from the superior growth of middle-income countries as they caught up with rich ones. Sure enough, the IMF reckons that…
The long-running Free Trade Agreement (FTA) negotiations between India and the European Union have finally been completed. This historic deal is being called the Mother of all Trade Deals, because through it a huge market consisting of about 25 percent of the world’s global GDP and about 2 billion consumers has been connected. On Monday…
NEW DELHI, Jan 27 (Reuters) – India and the European Union have finalized a landmark trade deal that will represent a quarter of the world’s economy, Indian Prime Minister Narendra Modi said on Tuesday, as the two sides seek to hedge against fickle ties with the US. After nearly two decades of on-off negotiations, the…
