The International Monetary Fund has officially declared India to be the world’s sixth largest economy as it displaced France with a narrow margin to gain the coveted position in the global economy. the United States, China, Japan, Germany and United… Read More ›
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OECD Suggests Use Of Inheritance Tax For Reducing Wealth Inequality
The leading economic think tank of the Western world – the Organisation for Economic Cooperation and Development (OECD), is of the opinion that wealth inequality could be reduced by various governments with the use of the tax system with specific… Read More ›
Warning Against Cold War Mentality Issued By President Xi Jinping Of China
While vowing to further open up the Chinese market and its economy, Chinese President Xi Jinping has issued a stern warned against a “Cold War mentality”. In what appears to be an effort to calm down a trade spat with… Read More ›
Revenge Porn Case Sees A Victim Woman Getting Compensation Of $6.45 Million
It can be costly to take revenge through pornography on the internet. A man has been found guilty of using the internet to spread naked pictures and videos of an ex-girlfriend online by a federal district court in California last… Read More ›
There Is Proof That “Sin Taxes” In UK Are Giving Results
Products that are harmful for health of people and the environment are being slapped with new taxes by the United Kingdom as its government strives to alter the consumption behavior of consumers. Plastic bags, diesel cars and sugary soft drinks… Read More ›
India The New Battle Ground For Amazon Vs Walmart War?
Things have changed dramatically in the Indian e-commerce industry since 2009 when the total volume of the market was less than $50 million and the modern supermarkets were still trying to become stable business models. While Amazon.com was still far… Read More ›
U.S. Shipping Industry To Be By A Potential U.S. – China Trade War
The potential trade war between U.S. and China would significantly impact the global shipping industry. Carrying goods across the oceans aids the maintenance of millions of jobs in the maritime shipping companies because 80 per cent of the total goods… Read More ›
Apple’s Attempt To Rejuvenate Siri Makes It Poach Google’s AI Head
Apple Inc. is clearly attempting to fix the problems with its AI program in order to gain back the market dominance that it had during the early days of the AI industry and this was exhibited once again as John… Read More ›
Bahrain Discovers It Largest Oil Field That Will ‘Dwarf Current Reserves’
The biggest oil discovery that has been made in Bahrain since 1932 was announced by the country recently. Bahrain is a small country that lies between the two energy giants Saudi Arabia and Qatar. Forecast to be full of “highly… Read More ›
Russia Being Denied From Hosting World Cup By West: Russian Official
Attempts are being made by the U.S. and the U.K to prevent Russia from hosting the Football World Coup this summer, alleged Russian foreign ministry spokeswoman Maria Zakharova. Their “main aim” was to “take the World Cup out of Russia”… Read More ›