Search Results for: Western Union
Drifting into fascism
December 30th, 2016
Most people regard governments and their central banks as forces for the good. Financial crises and suchlike are therefore blamed on capitalism, and people believe our leaders do their best to pick up the pieces from market failures, because ...
Trump, Russia and China
December 19th, 2016
Even before he takes office, President-elect Trump is turning the world upside down. It has become clear his attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the ...
Italy’s Renzi vows to resign after crushing referendum defeat
December 5th, 2016
Italian Prime Minister Matteo Renzi vowed to resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political turmoil. His decision to quit after just two and a ...
Seven worrying trends in the European refugee crisis
October 20th, 2016
As part of his final UN General Assembly, President Obama hosted a leaders’ summit on refugees. In his speech he termed the global refugee crisis one of ‘the most urgent tests of our time’. But the list of commitments coming ...
Geneva’s Corporate-Tax Fight Becomes ‘Mother of All Battles’
August 29th, 2016
When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had the most to lose. Now, the canton that’s home to almost 1,000 multinationals is set to use tax to burnish its appeal. Geneva will ...
EuroFX: How British Firms Built a Pyramid Scheme in China That Lost Millions
August 19th, 2016
The foreign exchange fraudsters hid in the cracks between international jurisdictions. As David Byrne ate breakfast at the Tongli Lakeview Hotel outside Shanghai one Sunday in April, an angry customer was waiting for him. Byrne, 52, is a British ...
International tourism on the rise; What is the increase by region
July 21st, 2016
2016 started on a strong note for international tourism. International tourist arrivals grew by 5% between January and April 2016 according to the latest UNWTO World Tourism Barometer. Results were robust across almost all subregions and many destinations reported ...
10 questions about Brexit’s impact on the auto industry
July 7th, 2016
The shock waves from the U.K.’s historic vote to leave the EU are about to hit the global auto industry. Analysts predict that falling sales and rising costs are the most likely outcomes for automakers as Europe’s second-largest car ...
Oil prices rebound in post-Brexit bargain hunting
June 28th, 2016
Oil prices rose above $48 a barrel on Tuesday as investors took advantage of a two-day slide in crude following Britain’s vote to leave the European Union to lock in lower prices. The vote result sent global stocks and ...
U.S.-UK alliance seen outweighing Brexit trade concerns
June 28th, 2016
The United States looks unlikely to follow through on a threat to relegate Britain to second-class trade status once its ally leaves the European Union, as it weighs the potential costs of undermining the countries’ close diplomatic and military ...
