The International Labour Organization (ILO) claims that just 10 per cent of workers in the world scoop up almost half of all global pay while just 6.4 per cent of the global pay is accounted for the lowest paid 50… Read More ›
Day: July 4, 2019
South Korea Threatens Retaliation To Japan’s Export Curb Of 3 Materials
The global supply chain and supplies of chips and smartphones could get disrupted because of a potential row between South Korea and Japan as Seoul threatened Tokyo with retaliation against the latter’s recent decision to put export limits on high-tech… Read More ›
U.S. exports its first ever rice to China
Sun Valley Rice exported two containers of around 40 tons to a private Chinese importer. In a significant development, USA Rice, a trade group that promotes the sales of U.S. grains reported, a private importer in China has purchased U.S…. Read More ›
Saudi Arabia’s SAMI inks defense deal with South Africa’s Paramount Group
Saudi Arabia, the world’s third largest defense spender, aims to cut its defense import bill by 50% by 2030. In an effort aimed at developing Saudi Arabia’s domestic defense industry, Saudi Arabian Military Industries (SAMI) and South Africa’s Paramount Group… Read More ›
Australia set to pass $110 billion tax cut law
The measure has the backing of the Reserve Bank of Australia which has made it clear that the government should initiate action to boost consumer spending. On Thursday, in a significant development, Australia’s conservative government is on the verge of… Read More ›
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