If the US wants to restore the nation’s debt to pre-coronavirus levels, it will require spending cuts and revenue increases totaling around $900 billion annually for 25 years, the Congressional Budget Office (CBO) said in a report released Monday.
Leaked documents reveal major flaws in the global effort to curb money laundering.
A brand new startup brings together food vendors and customers by offering large discounts on surplus food, preventing food loss and aiming for a profit at the same time.
Profits from drug wars, fortunes embezzled from developing countries and hard-earned savings stolen in a Ponzi scheme – all passed through banks like JPMorgan Chase and HSBC, a Buzzfeed and ICIJ investigation shows.
A US FinCen leak shows JPMorgan Chase, HSBC, Standard Chartered, Deutsche Bank and Bank of New York Mellon moved illicit funds for nearly two decades even after being prosecuted or convicted for financial misconduct.
Oracle and Walmart would pay a combined $12 billion as they take stakes in the short-video app's business to address US security concerns, Bloomberg reports.
PM Modi's government says the laws will make it easier for farmers to sell their produce directly to big buyers, but the opposition says the legislations are "pro-corporate."
Britain suffered the biggest economic hit of any G7 economy between April and June, when output fell by more than 20 amid coronavirus pandemic.
The US Commerce Department bans downloads of TikTok and WeChat use within the United States as they "threaten national security" amid rising US-China tensions.
Khalifa Haftar said his militias would let oil production resume after an eight-month blockade and a senior politician in Tripoli said a committee would be formed to ensure fair distribution of revenues.
In July 2019, the bank had slapped the whopping fine against Pakistan for denying the mining lease to an Australian company, followed by Pakistan's appeal in November 2019 seeking its annulment.
The American technology giant at present uses third-party online and offline retailers to sell its products in the south Asian country.
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