Goldman Sachs bought PDVSA’s oil bonds for pennies. As per a senior White House official, the Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government. The U.S. government stance may have… Read More ›
Entrepreneurship
The mirage of success in China’s “Belt and Road” initiative
The success painted by Beijing’s state owned media regarding its strategic Belt and Road initiative significantly differs from the reality of the situation. As part of its central “Belt and Road” strategy, China has created an international free trade zone… Read More ›
Trump not likely to assert executive privilege for blocking Comey’s Testimony
The former director of the FBI is scheduled to testify before the Senate Intelligence Committee this coming Thursday. The New York Times has reported citing two senior officials in the Trump Administration who spoke on the condition of anonymity, U.S…. Read More ›
The difference in the lead between the Conservatives and Labour has narrowed down to just 1 percentage point
Britain has just 4 days left for the June 8 elections. As per the results of a poll by Survation, the lead by British Prime Minister Theresa May’s Conservative Party’s lead has dropped to a new low of just one… Read More ›
U.S. withdrawal from Paris Climate Agreement could lead to increased litigation and reduced FDI inflows to the U.S.
The investor-state dispute settlement (ISDS) has gained notoriety since it provides companies the means to sue governments in ad hoc arbitrations if they feel their rights have been abused through a change in the legal basis on which their investment… Read More ›
Theresa May’s conservative party likely to appoint Amber Rudd as its finance minister
This scenario will come into play if May’s government wins a landslide victory in the June 8 elections. British news daily, The Telegraph has reported citing ministers who prefer the cover of anonymity, Prime Minister Theresa May could potentially replace… Read More ›
U.S. likely to lose the lead to China on climate change
California’s governor is taking the lead in setting voluntary agreements that fight global warming and climate change. Jerry Brown, California’s Governor disclosed on Thursday that he would discuss the issue of merging carbon trading markets in California when he travels… Read More ›
Elon Musk and Robert Iger of Walt Disney quits Trump’s Advisory councils
Trump’s move has divided corporate America. Following U.S. President Donald Trump’s decision to withdraw the United States from the landmark 2015 Paris Agreement, Tesla Inc’s Chief Executive Officer, Elon Musk and Walt Disney Co’s CEO Robert Iger stated they would… Read More ›
U.S. withdrawal from 2015 Paris Agreement will hurt U.S. jobs and its economy: U.S blue chip companies
Many U.S. companies, including those from the oil industry, see the step as regressive. American companies seem to disagree with U.S. President Donald Trump’s decision to withdraw from the landmark Paris climate accord, which can stave off an economic crisis… Read More ›
YouGov projection forecasts Theresa May losing the June 8 elections
May’s rating took a downward slide when she revealed her tax strategy for the elderly which opponents dubbed as “dementia tax”. As per a YouGov projection, British Prime Minister Theresa May could lose in Britain’s June 8 election. As per… Read More ›