The government of Mexico under its leftist president has taken up a populist anti corruption crusade. And this week end, government authorities are going to auction away dozens of luxury cars that have been seized from corrupt politicians and mobsters… Read More ›
Facebook is cracking down harder on fake accounts. In the first quarter of 2019, action taken by Facebook against suspected fake accounts was twice as much as it had done with such accounts in the fourth quarter of 2018, announced… Read More ›
There is no truce in sight for the acrimonious trade war between the United States and China. In the latest escalation to that trade war, the US Commerce Department blacklisted the Chinese telecom equipment making giant Huawei after US president… Read More ›
According to Tanzania the conditions laid out by China for this infrastructure project are commercially unviable. Many economists say, China-backed infrastructure projects are a huge debt magnet and economically de-stabilises the economy of the host country. According to a senior… Read More ›
A survey of fintech specialists shows that by the end of the year, there would be an expected 22 per cent increase in the price of bitcoin compared to the current price. This would be driven by increased appeal for… Read More ›
The Financial Conduct Authority (FCA) of the United Kingdom data has shown that there has been a tripling of the number of investment scams related to crypto currencies such as bitcoin as well as in foreign currency trading. The FCA… Read More ›
According to a forecast by Airlines for America published on Tuesday, there would be a 3.4 per cent increase in the number of passengers compared to the previous year between June 1 and the end of August. That would put… Read More ›
The United States based global auto company Ford Motors is set to lay off about 7000 of its staff that who are salaried which would also have about 10 per cent of its global workforce, the company announced, as the… Read More ›
While a decision to drive down crude inventories “gently” has been taken by consensus among OPEC and allied oil producers, Saudi Arabia would also be responsive to the demands of what is being described as a fragile market, said the… Read More ›
The International Monetary Fund is still very concerned about the trade war that is being ongoing between the United States and China. The Managing Director of the world body Christine Lagarde, told the international news agency Reuters during a visit… Read More ›
