Author Archives
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Emissions Scandal Sees Record Fine Imposed On VW In Australia
A record fine was imposed by Australia’s consumer watchdog over the German auto giant Volkswagen (VW) as part of the deal by the company to settle the scandal of the carmaker over its emission scandal which ripped the company through… Read More ›
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Economic Crisis Hit Lebanon Has A Very Sad Christmas
The struggling economy of Lebanon has seen a shortage of shoppers in the country’s streets. A report published in the news agency Reuters showcased the clothing shop of Rafi Tabakian in a Beirut suburb that was empty which otherwise would… Read More ›
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EU Unhappy With Boris Johnson’s Push For A Hard Brexit
Chief negotiator of the European Union Michel Barnier warned that trade talks between the EU and the United Kingdom could get into trouble if the UK Prime Minister Boris Johnson does not adhere to the red lines drawn by the… Read More ›
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World Bank Report Shows Record Growth Of Debt In 2018 In EMDEs
An analysis in Global Waves of Debt, the World Bank has found that in 2018, a record $55tn in total debts was attributed to the Emerging market and developing economies (EMDEs). The institution said that this was the straight eighth… Read More ›
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EIU Predicts 50% Slower Global Growth Over The Next Decade Compared To The Last
A senior and well known economist has predicted that the pace of global economic growth in te next decade will be about half of what the global economy had achieved in the 2010s. Simon Baptist, chief economist at the Economist… Read More ›
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Key Carbon Markets Issue Remains Unaddressed At COP25 Summit
A broad based agreement to urge governments to step up the global response in reducing greenhouse gas emissions was arrived at the COP25 climate summit after some lengthy negotiations. It was attended by representatives of nearly 200 countries. But an… Read More ›
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What British Businesses Want From The New UK Government Under Boris Johnson?
After getting elected as the prime minister of the United Kingdom with an overwhelming majority, Boris Johnson has assured that he would help to “unleash” the complete potential that Brexit would deliver to the country once he had fulfilled his… Read More ›
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EU Leaders ‘Ready’ To Hold Negotiations For Next Stage Of Brexit
Soon after the resounding victory of Prime Minister Boris Johnson’s party and which now paves the way for the exit of the United kingdom to leave the European Union, leaders at Brussels said that they were ready to start negotiations… Read More ›
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Need of New Law To Regulate Emotion-Detecting Tech, Urge Research Firm
There is need for new laws for regulation of emotion-detecting tech, suggested a leading research centre. The field is “built on markedly shaky foundations”, says the AI Now Institute. Irrespective of the risks, this technology is being used and is… Read More ›
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Boris Johnson’s Conclusive Victory Not Enough To Wish Away Business’ Brexit Concerns
While the massive and decisive victory for United Kingdom Prime Minister Boris Johnson has set an absolutely clear path for him to implement his version of Brexit, businesses continue to face the uncertainties of the impending exit of the UK… Read More ›