A report published by the International Energy Agency (IEA) recently said that the growth rate in the demand for electricity globally was faster than the growth and roll out of renewable renewable energy capacity and therefore the gap will has… Read More ›
Geopolitics
Persistence Of Northern Ireland Trade Issue Could Force British Grocers To Shift Supply Chains To EU
If the issues and the future of Britain-Northern Ireland trade are not addressed with urgency, some of their supply chains could be shifted from the United Kingdom to the European Union by British supermarket groups which include the market Tesco… Read More ›
Warning On Business Risks In Hong Kong Issued By US To Multinational Companies
Following the imposition of a sweeping new national security law in Hong Kong last year, a warning to companies over the risks of doing business there has been issued by the United States. Multinational companies are also subject to the… Read More ›
WTO Hopes To Strike Global Fishing Deal After 20 Years Of Negotiations
The issue of overfishing, which the World Trade Organization has been trying to tackle for 20 years now, is expected to be tackled by the global trade dispute redress body and in turn will also be able to clear doubts… Read More ›
Deal To Tax Multinational Companies Endorsed By G20 Finance Ministers
A plan to force multinational companies to cough up their “fair share” of taxes in countries all around the world was endorsed by the finance ministers of G20 countries. This plan which is aimed at preventing large multinationals to avoid… Read More ›
IMF Urges G20 Countries To Pave The Way To Donate Reserves To Poor Countries
The G20 countries should decide on how they want the richer countries to contribute some $100 billion worth of newly issued IMF reserves to poorer countries, the International Monetary Fund has said. The goal of the IMF was to be… Read More ›
Didi Warns Of Hit To Its Revenues Due To App Removal In China
Following an order from Chinese regulators, Didi Chuxing, China’s biggest ride-hailing company removed its app from its app stores and later issued a warning that this move will have an impact on the revenues of the company. The app was… Read More ›
All major economies agree to minimum corporate tax of 15%
Following two days of negotiations, most of the countries negotiating a global overhaul of cross-border taxes have backed plans for new rules which will see companies being taxed at a minimum of 15%. According to Organisation for Economic Cooperation and… Read More ›
UN Report Forecasts International Tourism Not To Rebound Until 2023
A new study by the United Nations released on Wednesday forecast that there will be a stagnation in international tourism arrivals this year, except in some Western markets. That would result in losses of up to $2.4 trillion. The report… Read More ›
New Study Predicts 410 Million People At Risk Of Sea Level Rise Perils
A new study has shown that unless there is a drop in carbon emissions globally, the lives of up to 410 million people will be threatened from sea level rises as they would be living in areas less than 2… Read More ›