Category: Business / Finance

China is far from closed to Australian wine

Photo- winenews.it By SAT News Desk/Medianet MELBOURNE, 21 August 2020: The Australian wine industry – as well as the other industries that depend on its healthy existence such as tourism and specialist agriculture – have reason to be concerned following the announcement by China’s Ministry of Commerce of the ant-dumping […]

Huawei edges out Samsung in global smartphone shipments

Photo- canalys By SAT News Desk Shanghai (China), Bengaluru (India), Singapore, Reading (UK) and Portland (US) – Thursday, 30 July 2020: Facing the US sanctions China’s technology giant Huawei has beaten Samsung overtaking it in the worldwide smartphone sales, boosted by the domestic (China) market, reports Canalys. Huawei shipped more […]

What could be wrong with a fiscal deficit?

If wealth inequality is to be prevented from becoming worse than the horrendous level it has already attained, then the only way this can be done is by larger government spending that is financed by a tax on the rich, either a profit tax or a wealth tax By Prabhat […]

Your morning tea may get costlier….or maybe not

The fall in tea production due to the pandemic-induced lockdown has led to a rise in prices, but a section of tea traders are not sure how long this will last ahead of the heavy cropping season in North India. By Rabindra Nath Sinha KOLKATA, 28 Jul 2020: The tea […]

Media houses seeking to ‘transform’ citizens into customers in a society driven by profit

By Bhabani Shankar Nayak* In early 15th century Europe, news used to be political, economic, military, and diplomatic messages of the ruling classes. There was no mass media. It was often the voices of the businessmen and ruling elites circulated within their own networks. The revolutionary upheavals and democratization of […]