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S&P downgrades Israel's ratings to 'A+' from 'AA-' due to rising geopolitical risks 04/22/2024

Power And Risk Are Created By China's EV Survival Game 04/24/2024

The US Government Is Attempting To Outlaw TikTok- Here’s Why 04/22/2024

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Economics

IMF: Payment imbalance is growing in developing economies

Approximately half of the distortions in current accounts are excessive and unreasonable in terms of macroeconomic parameters, the IMF study of balance of payments says. The total volume of trade surpluses of all countries, according to the fund, was $ 1.486 trillion (3.9% of world GDP against 4.2%...

The UK to tighten M&A deals rules

The UK is planning the largest change in the M&A rules for almost two decades, giving the government new powers to block deals in all sectors of the economy, so that local companies from sensitive industries do not fall into the wrong hands. Business Secretary Greg Clark wants to tighten up...

Millions Of UK Households 'Worse Off' Compared To 15 Years Ago

A new research from the Resolution Foundation indicates shows that compared to their condition 15 years ago, the conditions of millions of "just about managing" families have barely changed in the UK. The conclusion that the global economy has failed to create ways of income for people...

Chinese Business And Investments Targeted By UAE’s $8b Tech Industry

Dubai is fast turning out to be an attractive trade and investment destination for Chinese investors who are seeking a chance to be a part of the fast-evolving tech industry there. There are a number of driving factors for this which include a flourishing technology industry, expanding bilateral...

U.S. Tariffs Could Hard Hit Apple Watch, Fitbit, Etc.

According to government ruling on tariffs, the Apple Watch, health trackers, streaming music speakers and other accessories that are assembled in China could be hit because the latest round of U.S. tariffs on $200 billion worth of Chinese goods. Connected speakers from Sonos Inc., several...

Days Before EU - U.S. Meeting, US Warned On Tariffs By German Industry Groups

The United States itself would be harmed because of the tariffs on iron and steel already imposed by the US President Donald Trump or the ones that he has threatened to impose, warned German industry groups on Sunday – days before a scheduled meeting between Trump and the European Commission...

No Attempt Is Made By President Trump To Manipulate The Currency Markets: Says Mnuchin

Trump’s criticism on dollar’s strength and Fed’s policy does make him break precedent, while the Treasury Secretary assures that the U.S. President supports Fed independence. On Saturday, July 21, 2018, the Treasury Secretary, Steven Mnuchin stated that the President of the United States, Donal...

Coinbase Creates ‘PAC’ To Fund U.S. Election Spending

Political action committee at Coinbase comes following the announcement of refurbishing its trading technology. On Friday, July 20, 2018, Coinbase, an exchange of crypto-currencies, made a filing public whereby revealing that it has created a “political action committee”, in short PAC. The...

Customer Service Agents Getting Attracted To Gig Economy: Study Report

The customer service agents are seeking to take advantage of the increasing popularity of the Gig Economy. And customer service agents could be part of the next wave of people seeking the option of an ‘on-demand’ job, claims Aspect Software’s 2nd annual 2018 Agent Experience Index. In a...

Bank Of France Governor Perceives Looming Risks On Global Growth

The economic outlook weighed down by uncertainties appear “relatively less” affective on the inflation outlook. On Wednesday, July 18, 2018, Francois Villeroy de Galhau, the policymaker of ECB, stated that currently there is looming “growth to risks”, while comparatively the inflation scenario...