China’s Ministry of Commerce would discuss the inclusion of this project in the “One Belt, One Road” program Reported by HPMM Group according to FINANCIAL TRIBUNE ; China is interested in the project designed to build a rail link between Armenia and Iran. This was announced by Jian Aiming, the head of the Department for […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The ban imposed by the Industries Ministry on import orders based on US currency seems to be a win for the European currency. Announced last week, the ban blocks imports priced in the US dollar for Iranian traders and is in line with the recent policy […]
The Justice Department said Deloitte failed to detect a multi-million-dollar fraud scheme that spanned six years Reported by HPMM Group according to AccountancyAge ; The US Department of Justice has agreed to a settlement of $149.5m (£۱۰۸٫۴m) with Deloitte over its audits of the now defunct mortgage lending firm Taylor, Bean & Whitaker (TBW). Deloitte […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The EU will soon unveil a plan for taxing major internet companies like Amazon and Facebook by imposing a levy of 2 to 6% on revenues in every country where they operate, French Finance Minister Bruno Le Maire said Sunday. “The range will be from 2 […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Donald Trump’s debt-fuelled spending and tax cut plans are a growing risk to the US and world economies, as a short-term boost threatens to turn into a bust next year. Almost $400 billion of extra spending combined with a $1.5 trillion tax cut in an economy […]
By using abundant and low-cost labor, developing countries were able to increase their share of global manufacturing activities, creating jobs, attracting investment and kick-starting a broader industrialization process Reported by HPMM Group according to FINANCIAL TRIBUNE ; From cloud computing to artificial intelligence, technology is beginning to revolutionize how the world economy functions. But while […]
The president referred to the achievement of lowering runaway inflation rate of over 40% to single-digit levels as a great achievement and said the general rate for the current fiscal year will remain in the same territory Reported by HPMM Group according to FINANCIAL TRIBUNE ; The 57th annual general meeting of the Central Bank […]
A joint statement says few chapters are close to being finalized, however, tall hurdles remain Reported by HPMM Group according to FINANCIAL TRIBUNE ; Ministers from 16 East Asian countries negotiating the Regional Comprehensive Economic Partnership made progress at a meeting in Singapore Saturday but many gaps remain. “There is still a lot to do […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The potential steel and aluminum tariffs are a “complete violation of WTO rules,” said Matt Gold, the former US deputy assistant trade representative for North America under former president Barack Obama. President Donald Trump announced Thursday his proposed 25% steel and 10% aluminum tariffs would go […]
The EU is looking at free trade agreements to expand relations with Southeast Asia Reported by HPMM Group according to FINANCIAL TRIBUNE ; Southeast Asia and Europe pledged Friday to speed up efforts for an elusive free trade deal, vowing to support open markets in the face of growing US protectionism under Donald Trump. EU […]
