WORLD


Moneylife Digital Team 27 May 2022
The World Health Organisation (WHO) has started a discussion on monkeypox at its 75th World Health Assembly (WHA) that began in Geneva on 22nd May. A key agenda of the WHA is a 'pandemic accord' in which member countries will vote on proposed amendments to the International Health Regulations...

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After the US Securities and Exchange Commission (SEC) added more than 80 Chinese firms to its list facing possible delisting from the American exchanges, Chinese electric vehicle (EV) start-up Nio said on Friday it has received a conditional eligibility-to-list letter from the Singapore...

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Paul Kiel, Jesse Eisinger  and   Jeff Ernsthausen (ProPublica) 29 March 2022
This story was originally published by ProPublica.   After ProPublica's Secret IRS Files showed how the richest avoid taxes — often by minimizing income and relying on their wealth — the Biden administration unveiled a plan that could raise hundreds of billions in tax revenues. Its...

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Walter Vieira Walter Vieira 25 March 2022
I have just returned from a short trip to Dubai - in part to see the World Expo 2020, which is now being held in 2021 (because of COVID). In this piece, I would like to stay with my impressions of Dubai, a country I visited for the first time 45 years ago.    It was a time when there...

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Walter Vieira Walter Vieira 11 March 2022
I was in Dubai in February 2022 and, since I was there, I could not resist the temptation to visit the World Expo, being held there for six months till 31 March 2022. I went there four times, for half a day each time. And, for various reasons, it was a memorable experience.    1. To...

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Dr Gyan Pathak (The Leaflet) 09 March 2022
Demand for ramping up health expenditures is at an all-time high, and therefore, countries need additional health resources not only for responding to the COVID-19 pandemic but also closing the gaps in achieving the sustainable development goals (SDG) in health in most emerging and developing...

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The big four consulting firms -- Deloitte, KPMG, EY and PwC -- have announced they were ceasing operations in Russia and Belarus over Moscow's invasion of Ukraine.   A spokesperson for KPMG International said that they have a responsibility, along with other global businesses, to...

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Ilya Marritz (ProPublica) 08 March 2022
Though Russia’s full-scale invasion of Ukraine is just days old, Russia has been working for years to influence and undermine the independence of its smaller neighbor. As it happens, some Americans have played a role in that effort.   One was former President Donald Trump’s campaign...

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Jesse Eisinger, Jeff Ernsthausen  and   Paul Kiel (ProPublica) 02 March 2022
This story was originally published by ProPublica.   Last year, ProPublica began publishing “The Secret IRS Files,” a series that has used a vast trove of never-before-seen tax information on the wealthiest Americans to examine their tax avoidance maneuvers.   Since then, the...

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Moneylife Digital Team 01 March 2022
A federal grand jury in San Diego charged Satish Kumbhani, founder of BitConnect, with orchestrating a global Ponzi scheme. He is accused of conspiracy to commit wire fraud, commodity price manipulation, operation of an unlicensed money transmitting business, and conspiracy to commit...

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IANS 24 February 2022
Russian President Vladimir Putin on Thursday announced a military operation in eastern Ukraine's Donbas region, which the authorities in Kiev have described as a "full-scale invasion".   Donbas comprises the rebel regions of Luhansk and Donetsk which were declared as independent...

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Steven Lee Myers  and   Paul Mozur (The New York Times)  and   Jeff Kao (ProPublica) 21 February 2022
This story was originally published by ProPublica. This story was co-published with The New York Times.   Inside the Potemkin village of China’s propaganda, the Winter Olympics have unfolded as an unalloyed success, a celebration of sports and political harmony that has obscured —...

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Debashis Basu Debashis Basu 16 February 2022
Conventional wisdom tells us that when the US Federal Reserve hikes rates, stocks fall. But is this true? Here is a piece I wrote for Business Standard that describes this in some detail.    In mid-January, Fed announced that it would adopt an aggressive stance to control interest...

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Heather Vogell (ProPublica) 08 February 2022
This story was originally published by ProPublica.   Amid a national housing crisis, giant private equity firms have been buying up apartment buildings en masse to squeeze them for profit, with the help of government-backed Freddie Mac.   Daniel Cooper could barely afford a...

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IANS 04 February 2022
Six Indian call centre companies and their directors have been charged by US authorities in an alleged conspiracy to defraud Americans by posing as officials from the government pension system and the tax agency in tens of millions of phone calls.   Announcing the charges filed in an...

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IANS 04 February 2022
The pivot to Meta isn't helping Mark Zuckerberg's Facebook. Markets directed their wrath on missing fundamentals - a sharper-than-expected decline in profits and a gloomy outlook - in the first earnings report of the newly christened company Wednesday.   Shares opened Thursday down 25...

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Hannah Morse (The Palm Beach Post/ProPublica) 04 February 2022
This story was originally published by ProPublica.   A city commissioner race in Florida provides a window into how the sugar industry cultivates political allies, who help protect its interests.   Last year, the Florida Legislature was in the midst of an extraordinary push to...

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Amazon has been forced to shut down its 'Sold by Amazon' programme in the US that allowed the e-commerce giant to agree on price with third-party sellers, rather than compete with them.   According to the Washington attorney general's office, Amazon unreasonably restrained competition...

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Heather Vogell (ProPublica) 24 January 2022
This story was originally published by ProPublica.   The filing, submitted by New York Attorney General Letitia James, comes several years after a ProPublica investigation revealed conflicting financial details the Trump Organization filed for its downtown Manhattan skyscraper at 40...

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Air India joined at least nine other international airlines that have modified or cancelled flights to the US amid conflicting reports on what new 5G cell phone services can do to critical airplane technologies.   Carriers are taking a variety of approaches to the spiraling crisis....

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