In a significant development, Singapore and Indonesia have signed a bilateral extradition agreement aimed at bringing to justice those who have been accused of stashing offshore billions of dollars in state money. The two countries also signed bilateral agreements covering… Read More ›
Regulations & Legal
WHO’s Tedros Says Conditions Globally Are Ideal For More Covid Variants To Emerge
The conditions are just right for the Covid-19 coronavirus to mutate into new versions, and it’s dangerous to think the pandemic is nearing its end, according to the WHO’s senior official. Director-General Tedros Adhanom Ghebreyesus told the WHO’s executive board… Read More ›
Euro Zone’s Rebound Stalled In January As Omicron Impacted Services: PMI
The euro zone’s economic recovery slowed, even more, this month, according to a survey released on Monday, as fresh limitations imposed to manage the omicron coronavirus variety slowed the bloc’s main services activity and prices continued to rise. With the… Read More ›
Ukraine crisis pits Germany’s main gas supplier with biggest security allies
In an interview to German Sueddeutsche Zeitung German Chancellor Olaf Scholz said, Europe and Washington must think carefully and act prudently when considering sanctions against Russia for any aggression against Ukraine. The Ukraine-Russia crisis pits Berlin’s main gas supplier with… Read More ›
Lufthansa eyeing purchase of 40% stake in Italy’s ITA Airways
According to a report from Italian daily Il Foglio, Lufthansa has agreed to purchase a 40% stake in ITA Airways in a deal that could be officially announced next week. ITA Airways re-commenced operations on October 15 with nearly 2,300 employees… Read More ›
Netflix’s Lacklustre Growth Projections Cast A Cloud Over The Video Streaming Industry
Even as Netflix Inc executives attempted to reassure investors in a Thursday video interview that the company’s long-term streaming media prospects remain bright, with its popular series “Bridgerton” set to return for a second season and a science-fiction film starring… Read More ›
Race To Quickly Deliver Groceries Among Indian Grocery Startups Puts Riders At Road Safety Risks
Indian grocery startups are enticing tech-savvy consumers with the guarantee of 10-minute deliveries, igniting a surge in “quick commerce” while also raising concerns about road safety as bike riders rush to meet tight deadlines. Amazon, Walmart’s Flipkart, and Indian billionaire… Read More ›
ECB’s Lagarde Says Nothing Like ‘The Great Resignation’ Being Seen In Europe
According to European Central Bank President Christine Lagarde, inflation in the euro region is unlikely to reach the levels witnessed in the United States. The ECB’s monetary policy has been questioned due to the euro zone’s high inflation, with the… Read More ›
Complete Ban On Crypto Mining And Trading Proposed By Russia’s Central Bank
Russia’s central bank advocated a total ban on the use and mining of all cryptocurrencies, citing threats to the country’s financial system and ecology. Cryptocurrency has all the signs of a pyramid scheme and threatens monetary policy sovereignty, according to a… Read More ›
Google Spent 27% More In Lobbying In Washington In 2021 Amid Efforts Of Lawmakers To Curb Big Tech
According to the Senate lobbying disclosure database, Google expended 27 per cent higher on lobbying in the United States in 2021 than it did in 2020, with total spending of $9.6 million. That’s less than the more than $20 million… Read More ›