Although the reasons why the U.S. Administration is pushing for higher import duties on steel and aluminum may be justified, it will have to time the imposition of tariffs since trade wars and higher import tariffs don’t gel well in… Read More ›
lawmakers
SEC blocks Chongqing Casin Enterprise Group from purchasing the Chicago Stock Exchange
On verification by the SEC’s commissioners, led by Chairman Jay Clayton, the regulator was unable to locate the source of funds for the proposed deal; they were also unable to get sufficient information on the proposed buyers. U.S. regulators have… Read More ›
South Korea weighs its options after call for help from General Motors Korea
Detroit based carmaker is facing strong headwinds in South Korea. Persistent remours have fueled talks of a pullout. On Friday, South Korea’s finance minister stated the country is weighing several options vis-a-vis General Motors Co’s operations in the country following… Read More ›
U.S. Congress approves 2.3% tax on U.S. medical devices
As per lobby groups from medical device makers, the re-imposition of the levy stiffles will once again stifle growth in the sector and slash jobs. Despite opposition from the medical manufacturing industry and a section of U.S. lawmakers, the U.S…. Read More ›
Goldman Sachs’s purchase of Venezuela’s “hunger bonds” come under fire
Goldman Sachs bought PDVSA’s oil bonds for pennies. As per a senior White House official, the Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government. The U.S. government stance may have… Read More ›
Britain scurries to have a contingency plans in case of a hard brexit
Failing to provide a contingency plans would amount to a serious dereliction of duty.
Brexit – Irish economy hangs in the balance
During Brexit negotiations, Ireland could emerge as the UK’s Achilles heel. If physical border controls are placed, it could give rise to a resurgence of violent militant protests. According to Britain’s Northern Ireland minister, a post-Brexit trade deal with the… Read More ›
Theresa May clears first legislative hurdle with her Brexit plans intact
With a clear majority, this first step was expected to be smooth sailing. In the next, she will have to move more deftly so as to not expose her Brexit strategy before negotiations begin. In a significant first step that… Read More ›
Cap on roaming charges could significantly diminish across the European Union
EU’s digital chief is pushing lawmakers to collaborate and hammer down the caps on roaming charges across the EU. The European Union’s digital chief has made it amply clear that the failure to cross the last remaining hurdle of abolishing… Read More ›
Britain’s Supreme Court to decide whether parliamentary nod required to trigger Brexit
Analysts and lawmakers expect the Supreme Court’s ruling to go against the government. British Prime Minister Theresa May will find out today whether she will need the British parliament’s approval to trigger article 50 of the EU-Lisbon treaty. Britain’s Supreme… Read More ›
manageria.biz 