In a statement on Tuesday, the Kremlin said, Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to “unfriendly actions of certain foreign states and international organisations”. The kremlin did not shed light on which… Read More ›
In a statement Australian Foreign Minister Marise Payn said, Canberra has imposed targeted financial sanctions on 14 Russian state-owned enterprises, including defence-related entities such as Kamaz, a truckmaker, and shipping companies SEVMASH and United Shipbuilding Corp. It has also extended… Read More ›
On Monday , New Zealand’s government stated, it will introduce legislation to allow it slap a first-of-its-kind sanctions against Russia following its invasion of Ukraine. New Zealand’s Prime Minister Jacinda Ardern said, the sanctions will give the country the ability… Read More ›
U.S. President Joe Biden has signed an executive order prohibiting trade and investment by U.S. individuals in the two breakaway regions of eastern Ukraine which have been recognized by Russia as being independent, said the White House. The executive order… Read More ›
In a statement Germany’s new Finance Minister said, the government will offer tax relief to individuals and companies worth $34.1 billion (30 billion euros) in this legislative period. “We will relieve people and small and medium-sized businesses by significantly more… Read More ›
In a statement Activision Blizzard Inc said, it had fired more than 20 employees following allegations of discrimination and sexual harassment at the workplace; 20 more individuals are also facing some forms of disciplinary action. In a letter to employees, Activision… Read More ›
Following China breaking its bilateral treaty with Britain with the imposition of its draconian measures garbed through its new security laws on Hong Kong, Britain stated it is considering the imposition of sanctions against it as part of its response… Read More ›
In a significant development, Washington has blacklisted 24 Chinese companies and targeted individuals which helped China’s ruling Communist Party militarize the disputed regions in the South China Sea, in what is the first such step over the strategic waterway. In… Read More ›
With Timothy Fletcher’s cooperation, the U.S. Justice Department, the Federal Reserve and the SEC will follow through with any pending or potential enforcement action against other individuals who are or were affiliated with the Hong Kong unit of JPMorgan Chase… Read More ›
The tax-cut strategy calls for a reduction of corporate taxes from its existing 35% down to 20%. In a significant development, U.S President Donald Trump’s push to overhaul the U.S. tax code cleared a significantly hurdle with the Senate approving… Read More ›
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