Following China breaking its bilateral treaty with Britain with the imposition of its draconian measures garbed through its new security laws on Hong Kong, Britain stated it is considering the imposition of sanctions against it as part of its response… Read More ›
A new report has suggested that special taxes should be imposed on those employees who continue working from home after the pandemic is over and the amount should be used to help out the lower-paid workers. A proposal of imposing… Read More ›
A set of new rules aimed at clamping down on the market power of the country’s biggest internet companies has been proposed by China. According to analysts, the proposed regulations indicate the growing unease of the Chinese regulators with the… Read More ›
In a statement on Thursday, Indonesia’s finance minister Sri Mulyani Indrawat said, Jakarta has signed a $1.09 billion (A$1.5 billion) loan agreement with the Australian government. The money will be used to help fight the coronavirus-induced COVID-19 pandemic which emerged… Read More ›
In a significant development, U.S. Attorney General William Barr authorized federal prosecutors to pursue investigations into “substantial allegations of voting and vote tabulation irregularities,” while urging prosecutors not to chase “fanciful or far-fetched” claims. Barr’s letter to prosecutors marks the… Read More ›
A U.S. judge has approved a deal to rescue J.C. Penney Co Inc from bankruptcy proceedings averting its liquidation that would have placed the beleaguered department store chain out of business and jeopardized thousands of jobs. Following the approval from… Read More ›
On Monday, Ireland’s Foreign Minister Simon Coveney stated, if Joe Biden was declared as a victor in the U.S. elections it will have a material impact on Brexit negotiations given Biden’s recent intervention in support of Ireland’s position. “I think… Read More ›
On Monday, Germany’s Economy Minister Peter Altmaier told German broadcaster Deutschlandfunk, in his assessment uncertainty in the United States is likely to continue for months and clarity would emerge only in spring regarding the direction U.S. policy would take. His… Read More ›
In a statement the U.S. Federal Communications Commission (FCC) said, it has approved a petition which allows foreign investors to exceed the current 25% foreign investment cap in iHeartMedia Inc. In 2018, the company had filed for bankruptcy and in… Read More ›
According to sources briefed on the matter at hand, the U.S. State Department has notified the U.S. Congress on its plans to sell 18 sophisticated armed MQ-9B aerial drones to the United Arab Emirates in a deal worth $2.9 billion…. Read More ›
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