The SEC and the Consumer Financial Protection Bureau were given a set of powers in the wake of the 2008 financial crisis. Efforts are now being made to dismantle these structures. Is this the preamble to a coming global financial… Read More ›
Regulations & Legal
Steel imports and U.S. national security concerns
The CEO’s of major U.S. steel producers are scheduled to bring greater clarity on issues surrounding this topic. The U.S. Commerce Department has disclosed, the chief executives of major U.S. steel producers are scheduled to voice their opinions on the… Read More ›
Senate Intelligence Committee to subpoena Michael Flynn’s businesses
The development has widespread implications, including the survival of the Trump Administration. In a development pregnant with political implications for the Trump presidency, the U.S. Senate Intelligence Committee has disclosed that it would subpoena two former national security adviser who… Read More ›
Trump’s first budget seeks to slash $3.6 trillion over 10 years
The assumptions of Trump’s first budget will need further scrutiny in the wake of economists terming it as being based on “rosy assumptions”. In efforts aimed at cutting the funding of healthcare and food assistance programs, U.S. President Donald Trump… Read More ›
Automakers from across NAFTA countries want rules of origin left untouched
Before actual negotiations kick-in, the key players are venting their expectations so as to position themselves better once the bargaining starts. According to the president of the Mexican auto manufacturer’s association, automakers from across the United States, Mexico and Canada… Read More ›
The Trump Administration has started ‘extreme vetting’ vetting at Australia’s detention centers
Trump had labeled the deal as “dumb”. As per two sources located at Australia’s offshore detention centers, officials from the U.S. Homeland Security have begun “extreme vetting” interviews in Australia. Trump had termed Washington’s refugee swap deal with Australia as… Read More ›
Britain suspends election campaigning in the wake of terror attacks
Ariana Grande’s concert venue was the target of a terror attack in Manchester. Political parties in Britain have agreed to suspend election campaigning, until further notice, in the wake of a terrorist attack in Manchester, at a concert by U.S… Read More ›
Import Duties On Sugar Slapped By China Even As Experts Question Impact
After lobbying by domestic mills, China said on Monday it will impose hefty penalties on sugar imports. But to stem the flow of lower-priced sweetener into the world’s top importer, the ruling may not go far enough, experts said. An… Read More ›
Ledger Holdings raises $11.4 million in new funding round
The funding round was led by China’s Huiyin Blockchain Venture Investments and Miami International Holdings Inc.
Royal Bank of Scotland reaching out to investors to settle deal
Last minutes negotiations are on. Two sources familiar with the matter at hand have disclosed that the Royal Bank of Scotland has tried to reach for a last minute settlement with a group of investors who had alleged that it… Read More ›
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