As per an estimate from the International Monetary Fund, Kuwait will require $180 billion in financing over the next six years given a scenario of low oil prices and its “modest” fiscal measures. Earlier this month, Kuwait had said it… Read More ›
Economy & Finance
Loopholes in Canadian real-estate law allows money laundering
According to a report from Transparency International (TI), loopholes in Canadian law are allowing a “corrupt elite” to use the housing market for laundering money. TI’s report found at least ten problem areas in law that deals with real estate… Read More ›
Greater Protectionist Antitrust Rules Being Planned By The EU
The European Union is planning to overhaul its industrial policy with the aim of creating an environment where European companies can do better at the global market. As a part of that plan, the EU wants to implement more stringent… Read More ›
US Wants A Trade Deal With UK By This Year After Brexit
The United States treasury secretary has said that the US intends to come to an agreement on trade after Brexit with the UK by this year. It is possible for the UK to negotiate trade deals simultaneously with the US… Read More ›
Despite US Pressure, UK’s Plans For Digital Tax Backed By Tech Regulator Of Europe
The plans of the United Kingdom to press ahead with imposing digital tax despite opposition from the United States president Donald Trump has been supported by the European Union’s leading tech regulator. She was a “strong supporter” of national digital… Read More ›
Spread Of Coronavirus Has Significantly Impacted China’s Travel & Tourism
The travel and tourism sector of China is now feeling the brunt of the concerns and fears surrounding the spread of the coronavirus. This potential public health hazard has come just before that time of the year where more than… Read More ›
Trump scheduled to sign USMCA on Wednesday
U.S. President Donald Trump is scheduled to sign a trade pact between the United States, Canada and Mexico on Wednesday during a ceremony at the White House, said an administration official while adding, invitations for attending the event has already… Read More ›
US Will Consider Increasing Tariffs On UK Cars If Digital Tax Is Imposed
If a tax on digital services is imposed by the United Kingdom, the United States could consider imposing additional tariffs on cars that are manufactured in the UK, said the US Treasury Secretary Steven Mnuchin. Any taxes on digital companies… Read More ›
Increase In Feeling Of Loneliness Among Younger Workers In The US: Study
According to a new Cigna study, the feeling of isolation was being felt more by American workers while the younger employees of the country are going through greater issues of loneliness compared to their older colleagues. According to the second… Read More ›
Financial markets should be ready in case of cliffhanger Brexit: Britain’s Financial Conduct Authority
On Thursday, Nausicaa Delfas, executive director of international at Britain’s Financial Conduct Authority stated, it would be prudent for financial firms in Britain to be ready in case Britain does not sign a trade deal with the European Union by… Read More ›
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