Impact of the U.S shutdown
The partial shutdown of the US government ended a day before the debt ceiling deadline with a cross-party deal agreed between Republican and Democratic senators. A major part of …
Author: Shoaib Aslam
U.S. Securities and Exchange Commission Spared Government Shutdown
Congress has failed to reach a spending budget after serious political division, causing a widespread governmental shutdown in the U.S. Workers in ‘non-essential’ jobs have been forced to take …
US central bank boosts European stock markets after deciding against tapering its economic stimulus
In response to the Federal Reserve deciding against changing its $85bn (£54bn) bond-buying plan this month, European and Asian stock markets have seen a positive rise. An increase of …
80% of Businesses Fail – Here’s Why:
Starting up a business has many challenges and hurdles to meet and overcome. Just 20% of businesses started by entrepreneurs are successful beyond the year and a half mark, …
Working on Labor Day
Labor Day is an official American holiday celebrating the labor movement and the contributions workers have made to the social and economic achievements of their country. However, this year …
US expatriate increase as a result of tax changes
Changes to taxation in the US have led to a rise in the number of people renouncing their US passports. The Federal Register records every US citizen who emigrates, …
FDIC rule means stricter controls over US banks
The Federal Deposit Insurance Corporation has proposed changes to bank regulations that are stricter than international capital standards. Eight biggest banks in America now face a 5% leverage ratio …
U.S. job market improves
In May there was a slight increase in the number of job advertisements and uptake of staff indicating that the job market is on the up. Statistically the Labour …
Starbucks begins UK corporation tax repayments
Starbucks has been at the centre of the recent tax evasion scandal in Britain. Today the global coffee shop company announced that it has paid corporation tax in the …
IMF criticise US budget cuts
The significant federal budget cuts implemented by the US at the beginning of this year have come under criticism from the International Monetary Fund (IMF) who called US plans …