The outcome of the investigation by the FBI, several congressional committees and by a special counsel appointed by the Justice Department will have serious economic consequences for the United States. According to NBC News reports and the Washington Post, Jared… Read More ›
Regulations & Legal
Production Cuts Extension For Nine Months Agreed Upon By OPEC And Non-OPEC Members
After November’s landmark deal failed to clear a global supply overhang, OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday. The 1.8 million barrel per day supply cut will roll over until… Read More ›
A vulnerability in Samba raises fears of another WannaCry-like worm
Organisations, companies and individuals running Samba are highly encouraged to update the software. It took researchers only 15 minutes to exploit this vulnerability. Cybersecurity researchers have warned of increased cyberattacks in the wake of a newly found vulnerability in a… Read More ›
Japan Inc has better trade opportunities at hand than those offered by China’s debt-ridden ‘Belt and Road’ initiative: Reuters Poll
As per the results of a survey conducted by Reuters, there is widespread scepticism on the Chinese initiative, with critics saying the project is an attempt to project Chinese influence overseas. As per a Reuters poll, the vast majority of… Read More ›
U.S. Navy Warship sails within 12 nautical miles of Chinese artificial island in South China Sea
If the U.S. Warship switched on its radar or launched a boat or a helicopter, it would up the challenge to China since these are not permissible in a territorial sea under international law. Without these actions, the meaning of… Read More ›
The outcome of these two landmark cases will determine Wall Street’s policies
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 ›
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 ›