Qatar’s hosting of the World Cup has sparked widespread criticism for its record on women’s, LGBTQ+, and migrant worker rights. The attendance of officials, teams, and even fans has been called into question. But our relationship with Qatar extends far… Read More ›
Geopolitics
Economic Outlook Of China Gets Bleak Because Of Record High Covid Infections
On Thursday, China reported record-high COVID-19 infections, with cities across the country imposing localized lockdowns, mass testing, and other measures that are fueling frustration and dimming the outlook for the world’s second-largest economy. Despite recent more targeted measures, the resurgence… Read More ›
Following The FTX Collapse, Global Regulators Focus To Target Crypto Platforms
The collapse of the FTX exchange has increased the immediacy of regulating the crypto sector, and the new chair of global securities watchdog IOSCO stated in an interview that designed to target such “conglomerate” platforms will be the priority for… Read More ›
Arm, The Top UK Chip Designer, Has Delayed Public Listing Until Later In 2023
Managers are delaying much-anticipated plans to list British chip designer Arm on the stock exchange because they are concerned that the global economic downturn and a slump in tech shares will frighten potential investors. The Cambridge-based company recently informed private… Read More ›
New Loss And Damage Proposals Are Floated At COP27 By UK, US And Other Nations
According to a source familiar with the situation, a coalition of developed countries, including the United States and the United Kingdom, has released a draft proposal on loss and damage funding. According to a draft that Reuters has access to,… Read More ›
2 Days Prior To Start Of The Tournament, Qatar Bans Beer From Football World Cup Stadiums
FIFA, the governing body of soccer in the world, announced on Friday that Qatar is banning all beer sales at and around its World Cup stadiums in a dramatic U-turn just two days before the enormous soccer tournament gets underway…. Read More ›
Following November 24 Meeting, EU To Propose A Natural Gas Price Cap
The European Commission intends to propose a natural gas price cap after November 24, as part of its efforts to contain an energy crisis caused by Russia’s invasion of Ukraine, the EU’s energy policy chief told Reuters on Wednesday. The… Read More ›
Britain Lowers Bank Tax Rates To Encourage Insurers To Invest In The Economy
Britain announced new plans on Thursday to help it become the world’s most competitive financial center, including easing capital rules for insurers, lowering a tax rate for banks, and promising to review all European Union financial rules. After leaving the… Read More ›
ECB Will Keep Raising Rates Despite A Struggling Economy
According to two of the top ECB policymakers, letting inflation remain high would be even more painful, so the ECB will keep raising borrowing costs even as the euro zone economy struggles. In order to return double-digit inflation in the… Read More ›
US Audit Inspection Of Chinese Firms In Hong Kong Concludes: Reports
According to reports quoting people with knowledge of the matter, the U.S. audit watchdog’s onsite inspection of the audit work of Chinese companies with New York stock exchange listings, which began in Hong Kong in September, has concluded. This has… Read More ›