We need to restart immigration quickly to drive economic growth. Here's one way to do it safely
Oct 15, 2020 14:24 pm UTC| Economy
Faced with a difficult economic recovery from the COVID-19 pandemic, Australia needs to act quickly with creative solutions to reestablish immigration into the country, even before a potential vaccine is found. Over the...
UK is not doing enough to get Irish-facing ports ready for Brexit
Oct 15, 2020 14:19 pm UTC| Economy
Much of the UK debate surrounding Brexit has revolved around two kinds of border. The first is the land border between Northern Ireland and the Republic of Ireland. We have seen a combination of economic concerns about the...
India offers incentives to Samsung, iPhone suppliers to boost smartphone industry
Oct 15, 2020 03:29 am UTC| Economy
India is giving 16 companies involved in manufacturing smartphones and components incentives to invest in the countrys smartphone industry. The list of companies includes Samsung, Austrias ATS, several Indian firms, and...
IMF: global economy to recover faster than expected
Oct 14, 2020 05:23 am UTC| Economy
The International Monetary Fund (IMF) gave a better forecast for the global gross domestic product, expecting it to contract by 4.4 percent this year instead of a 5.2 percent it projected in June. The IMF also sees a...
India to implement tax plans on digital giants like Google, Facebook
Oct 14, 2020 01:35 am UTC| Economy
India is expected to implement its digital tax plans rather than wait for Organisation for Economic Cooperation and Developments (OECD) framework on how to tax digital giants like Google, Amazon, Facebook, and...
Banks reduce growth forecasts for S. Korea due to social distancing
Oct 13, 2020 00:00 am UTC| Economy
Major foreign investment banks have slashed their economic growth forecasts for South Korea from an earlier contraction average of 0.9 percent to 1.4 percent as of end-September. The banks, which include Barclays,...
New global digital tax rules target big US tech firms
Oct 12, 2020 23:57 pm UTC| Economy
The Paris-based Organization for Economic Cooperation and Development (OECD) is hoping to help countries raise an extra $100 billion annually in digital taxes from big tech companies by overhauling international tax...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects