US Economy
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The world is reorganising itself again. A new war in West Asia has triggered the familiar tremors across global markets — oil shocks, currency volatility, capital flight, and a renewed search for safety. But beneath the noise, something deeper is happening: the global system is revealing what it trusts, what it fears, and what it…
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The OECD recently launched a scheme to combat tax avoidance and evasion related issues from both major multinational corporations and individuals. The initiative called base erosion and profit shifting ( BEPS ) plan was presented to G 20 finance ministers on the 20th of July this year on their request. In short, the BEPS report…
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In the past few weeks the markets have come to a realization that the developed world is struggling to generate growth and going forward the global growth projections put out by multilateral institutions including of the International Monetary Fund ( IMF ) and the World Bank paints gloomy picture. The growth outlook has been downgraded…
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