#US: Treasury Sec. Yellen On Africa Tour To Counter China Influence

[world politics news]

 

US Treasury Secretary Janet Yellen last Wednesday began an 11-day trip to Africa, aimed at deepening economic ties on the continent where China has become a key player.

Yellen’s travel to Senegal, Zambia and South Africa comes after a detour to Switzerland where she was to meet Chinese Vice Premier Liu He on macroeconomic issues.

[FULL STORY HERE]

World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.

#EU: European Parliament "Freezes" China Investment Deal Over Sanctions

[world politics news]

The European parliament has voted overwhelmingly to “freeze” any consideration of a massive investment deal with China, following recent tit-for-tat sanctions over Beijing’s treatment of its Uyghur population in Xinjiang province.

According to the resolution, the parliament, which must ratify the deal, “demands that China lift the sanctions before parliament can deal with the Comprehensive Agreement on Investment (CAI)”.

[FULL STORY HERE]

World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.

#CHINA: EU Suspends China Investment Deal After Diplomatic Issues

[world politics news]

The European Commission said efforts to win approval for the EU's massive investment deal with China were effectively "suspended" given the soured diplomatic relations between both sides after tit-for-tat sanctions.

"We now in a sense have suspended... political outreach activities from the European Commission side," EU Executive Vice President Valdis Dombrovskis told AFP in an interview.

[FULL STORY HERE]

World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.

#QATAR: New Law Seeks To Draw In Foreign Investment, Diversify Economy; Limits Foreign Ownership To 49% In Ventures

[world politics news]

The new year brought a new law in the Gulf state of Qatar regulating investment of non-Qatari capital invested in the emirate. The law seeks to promote economic development, attract foreign investment in all economic activities, and lure 100% foreign capital inflows, the Ministry of Commerce and Industry said in a release.

The law also aims to accomplish economic diversification in the oil-rich nation in line with the Qatar National Vision 2030, as well as facilitating foreign investors’ access to the market and bolstering the country’s confidence and investment security index.

The law allows non-Qatari investors to own a percentage not exceeding 49% of the share capital of listed companies, provided that the ministry approves the proposed percentage. A non-Qatari investor may also hold a higher percentage after the approval of the Council of Ministers

[FULL STORY HERE]

World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.