Saudi Arabia wants to diversify and wean its economy from the singularity of oil exports. Its budget is expected to largely follow this framework. As per a senior official from Saudi Arabia’s Minitry of Finance, the Kingdom’s 2018 budget, scheduled… Read More ›
reforms
Collapse of 3-way negotiations in Germany will have widespread economic consequences for Europe
With major issues facing Germany and the European Union at this critical juncture in history, it is critical that Germany maintains a stable economic outlook. On Monday, German Chancellor Angela Merkel stated, her efforts at forming a three-way coalition has… Read More ›
The proposed tax bill is likely to undergo change before it becomes law
The likelihood of the Republican tax bill undergoing change is high since the House tax bill aims to not only cut taxes, which by itself is hard, but is also taking on provisions that are specific to certain industries, which… Read More ›
For the first time Brazil opens its deepwater pre-salt fields to foreign energy companies
As a result of these reforms, executives from the majority of the world’s biggest oil companies have landed in Rio de Janeiro, to outbid each other for a slice of Brazilian crude whose quality is said to be world class… Read More ›
Viacom tweaks bond language eyeing taw law reforms on the horizon
Attractive terms for Viacom’s hybrid bonds have helped rope in a slew of investors. The opportunity cost of not investing in them is too high for investors; they have all piled into Viacom’s bond offering. Although investors lapped up US… Read More ›