China is not only loading up economies partnering in its Belt and Road project with an unsustainable pile of debt, back at home it is also struggling to stay afloat from a surging tsunami of debt which has now breached… Read More ›
Regulations & Legal
Vodafone secures EU approval for its $22 billion bid to acquire Liberty Global’s assets
The development will allow Vodafone to better compete with German market leader Deutsche Telekom.
Britain’s OBR Predicts A Recession For The Country For A No-Deal Brexit
The British government’s independent forecasting body – the Office for Budget Responsibility (OBR) has warned that there would be a recession in the country, with 2 per cent shrinkage in the economy, if there is a no-deal Brexit. It has… Read More ›
Trade Tensions The Major Threat To Global Economy, Says The IMF
The global economy could be hit by $455 billion next year if the trade war between the United States and China continues in the way it is now, warned the International Monetary Fund. The global trade flows were being negatively… Read More ›
Bipartisan bill introduced in U.S. Congress targeting Huawei Technologies Co Ltd
The bipartisan legislation essentially boils down to Senator Tom Cotton’s notion that “American companies shouldn’t be in the business of selling our enemies the tools they’ll use to spy on Americans”. In a significant development, members of the U.S. Senate… Read More ›
Boris Johnson’s cunning plan for a no-deal Brexit
While there are a couple of scenarios by which Boris Johnson, Britain’s potential next Prime Minister, could deliver on his no-deal Brexit, the most cunning one involves removing them, temporarily of course, from having to deliberate on the issue. A… Read More ›
IMF Chief Christine Lagarde To Step Down In September
The managing director of the International Monetary Fund (IMF) and the will known face of this international financial body Christine Lagarde will be stepping down from her post, the IMF chief has announced. This announcement comes before a decision is… Read More ›
US Big Three Banks Report Good Earnings But Issue Warning Signs
While issuing warnings for the future of their business as well as for the financial industry as a whole, strong performance was reported by three big United States banks The reports of the banks clearly indicated that lower interest rate… Read More ›
The Hong Kong Wealthy Are Moving Their Wealth To Singapore: Bloomberg
Worry about the long term effects of the political crisis in the Chinese city of Hong Kong has got private bankers in the city busy with many inquiries from investors there according to a report published by Bloomberg. According to… Read More ›
Issue Of Taxing Large Tech Firms Could Take US And UK On A Collision Course
The issue of taxing internet giants could take the United States and Britain on a collision course. Starting from 2020, all large search companies, social media platforms and online marketplaces operating in the United Kingdom would be levied a tax… Read More ›
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