While the global financial markets have been spooked by the rate of spread of the novel coronavirus, which originated in China, the energy companies and markets are still trying to assess the economic impact this outbreak could have. Since its… Read More ›
Economy & Finance
Virus Fears Force Global Airlines To Suspend Or Scale Back China Flights
An increase in travel warnings by various governments and a drop in demand for tickets from passengers bound for China because of the fast spread of the coronavirus outbreak, decisions to suspend or scale back more direct flights to China’s… Read More ›
Impact Of Coronavirus On Chinese Economy Could Be Worse Than SARS
The very fast spreading of the coronavirus in China has forced the Chinese government take the unprecedented measure of extending the Lunar New Year holiday by as much as a week in some cases as well as the step of… Read More ›
New Report Claims Gig Economy Workers Fall In A Trap Of Existence
According to the claims of a new report, the workers who are participating in the gig economy are being forced to devote ever-more time on the platforms of companies such as Uber and Deliveroo to maintain financial stability even though… Read More ›
Kuwait will require $180 billion in financing over the 6 years
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 ›
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 ›