Ridah Asghar

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Immobile middle class is shouldering most of the tax burden

Donald Trump's crude rants about free trade and globalization are hitting home and winning votes. He's probably right that outsourcing manufacturing to China and other low-cost countries has cost jobs, and depressed wages, even if it has allowed Americans (and Canadians and Western Europeans) to …

Why India could be the oil market’s next big driver of consumption

Oil’s rise to US$50 a barrel earlier this month proved to be short-lived, but at least it suggested that oil prices had established a new and higher …

Oil

Fed, China fears force investors to check out of Asia

SINGAPORE (Reuters) - Having dumped Asian shares on resurgent worries about China’s economy, the specter of more aggressive U.S. interest rate rises is now forcing global investors to sell the region’s bonds and currencies.<p>A net $3.2 billion left Asian equity markets, excluding Japan, during the …

Jack Ma confident in EU's economic recovery - Business

Alibaba Group chairman Jack Ma thinks Chinese companies should integrate and participate in local markets while going global.<p>"Globalization is not …

Syrian Government Warplanes Launch Counterattack On Rebels Near Aleppo

AMMAN — Syrian warplanes attacked militant Islamists near the northern city of Aleppo on Sunday, both sides said, as the government tried to push …

Syria Crisis: US Working On Initiatives To End Bloodshed Amid Growing Violence In Aleppo

<b>UPDATE: 7:56 a.m. EDT</b> — Russia said Sunday that it was in talks with Syria to include Aleppo in the regions where fighting could be stopped, Reuters …

Apple Inc. (AAPL) Shares Tumble, Wiping Almost $50B Off Value Following Weak First Quarter

<b>UPDATE: 6:45 p.m. EDT ---</b> Investors jumped on an Apple stock-buying opportunity Wednesday, pulling the price back from a more than 8 percent plunge …

China Economy News 2016: Debt Reaches Record High Amid Mounting Risk

For China's economy, the future remains uncertain in 2016 and could yield dire consequences, economists warned Sunday. With debt reaching record …

Android Antitrust: Google’s Big Problem In Europe Could Result In $7.5B Fine

U.S. technology companies are not having a good time of it in Europe. An investigation into Apple’s tax affairs in Ireland continues; Amazon’s e-book …

There’s one major perk of globalization that only applies to rich people

Today may be the beginning of the end of globalization as we know it—at least in the West. On April 12, the European Commission proposed new visa requirements for US and Canadian travelers.<p>For years, Americans and most Europeans have been free to flit back and forth across the Atlantic without …

Globalization

Traders are starting to bet big on emerging markets

If you're following the money, it looks like emerging markets are back. Since early March, net flows into the popular iShares MSCI Emerging Markets …

The World Cup and Workers’ Human Rights in Qatar. “The Ugly Side of the Beautiful Game” | Global Research - Centre for Research on Globalization

<i>A new report from Amnesty International slams Qatar for not living up to promises to improve workers’ rights and adds to a growing international</i> …

Iran Nuclear Deal Update: As Sanctions End, European Banks Return To Iranian Transactions

Some European banks, including Belgium’s KBC, Germany’s DZ Bank and Austria’s Erste Bank, have slowly returned to business with Iran following a …

Canadian business welcomes infrastructure plan | The Star

The CME’s biggest concern is future plans to introduce what business regards as new taxes, such as carbon reduction schemes and higher Canada Pension …

Canada

In Alliance with Al-Qaida, Israel Is Stealing Syria’s Oil | Global Research - Centre for Research on Globalization

<b>Israel steps up oil drilling in Golan</b><p>Israel is moving forward with plans to drill for oil in the occupied Golan Heights, despite warnings that the …

Russia Stirring Anger In Germany Over Refugee Crisis To Topple Angela Merkel, NATO Expert Claims

Russia is stoking the refugee crisis in Europe by stirring anger in Germany, with the aim of toppling Chancellor Angela Merkel, NATO’s senior-most …

Politics News | Breaking Political News, Video & Analysis-ABC News - ABC News

Dem lawmaker: Trump's been looking for immigration 'fight' since declaring candidacy<p>Giuliani asserts Mueller and his team should be …

Donald Trump

The Destabilization and Fracture of the EU: Will the European Union Share the Same Fate as the Soviet Union? | Global Research - Centre for Research on Globalization

<i>EU politicians and European heads of state are desperately looking for ways to save the European project, but a series of powerful anti-EU shocks,</i> …

Venezuela Hikes Fuel Prices By 6,000%, Devalues Currency To Tackle Economic Crisis

Venezuelan President Nicolas Maduro on Wednesday announced a staggering 6,000 percent hike in petrol prices and a sharp devaluation of the currency …

Facebook Free Basics Banned In India Over Net Neutrality Concerns

<b>UPDATE: 9.17 a.m. –</b> Facebook has issued the following statement in response to the decision by the Indian telecoms regulator to ban Free Basics:<p>"Our …