Posts by Amelia Frost
The ‘Revenge Tax’ Revolution: How Governments Are Clamping Down On Corporate Giants
[ad_1] In recent months, governments around the world—including the U.S. and European Union members—have accelerated efforts to clamp down on multinational corporations with what’s increasingly called the “revenge tax.” This global push aims to reclaim billions lost to corporate tax avoidance, signaling a new era where loopholes are closing and accountability is rising. But what…
Read MoreTariff Rollbacks Won’t Bring Instant Price Relief
[ad_1] The recent U.S.–China trade agreement brought down tariffs from their peak highs—U.S. tariffs on Chinese imports now sit at about 55%, with China‘s tariffs at roughly 10%. While these numbers are lower than the previous peaks of 145% and 125%, respectively, the economic reality on the ground is far from a simple rollback. According…
Read MoreBezos, Sanchez To Say ‘I Do’ In Troubled Venice
[ad_1] Amazon tycoon Jeff Bezos and Lauren Sanchez were to tie the knot Friday at a sumptuous ceremony with the rich and famous on an island in Venice’s lagoon, out of the sight and sound of protesters. “This city seems impossible! It can’t exist… and yet, here it is!” an enchanted Bezos told a Repubblica…
Read MoreOne Of Hong Kong’s Last Opposition Parties Says It Will Disband
[ad_1] Hong Kong’s League of Social Democrats, one of the city’s last remaining opposition parties after a five-year political crackdown by Beijing, said Friday that it will disband. The party was founded in 2006 and was once considered the radical faction in Hong Kong’s pro-democracy camp. It was known for its boisterous street-level campaigning, often…
Read MoreWimbledon Women’s Singles: Three Talking Points
[ad_1] The battle to be crowned Wimbledon women’s champion is wide open, with the possibility of an eighth successive first-time winner at the All England Club. Since Serena Williams lifted the Venus Rosewater Dish for a seventh time in 2016, the tournament has been in search of a new dominant female star and her fellow…
Read MoreChina Confirms Trade Deal Framework Reached With United States
[ad_1] China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift “restrictive measures” while Beijing would “review and approve” items under export controls. The two sides agreed after talks in Geneva in May to temporarily lower steep tit-for-tat tariffs on each other’s products. China also…
Read MoreGreen Bonds Offer Hope, And Risk, In Africa’s Climate Fight
[ad_1] It only took two days for Nigeria to raise $59 million through green bonds — part of a funding drive for climate and environmental projects in a nation still hooked on oil. Africa remains a small player in the green bond market, and the debt instrument is underused — but it is becoming a…
Read MoreGame ‘Reloots’ African Artefacts From Western Museums
[ad_1] Under the cover of darkness, Nomali jumped over a wall, burst into a museum and snatched a human skull from a pedestal before escaping through a window to the wail of an alarm. The daring heist was not the work of a real-life criminal. Nomali is the protagonist of a new action-packed video game…
Read More‘Shocking’ COP30 Lodging Costs Heap Pressure On Brazil
[ad_1] “Belem is ready,” Brazilian officials have insisted ahead of the COP30 gathering in November — but eye-watering lodging costs in the northern city have panicked many would-be attendees. President President Luiz Inacio Lula da Silva has personally championed the symbolic choice of holding the major UN climate conference in the Amazon. And with months…
Read MoreTibetans Face Up To Uncertain Future As Dalai Lama Turns 90
[ad_1] Tibetans in exile celebrate the 90th birthday of spiritual leader the Dalai Lama next week, an occasion overshadowed by uncertainty about the future of the role and what it means for their movement. The charismatic Nobel Peace Prize-winning Buddhist — who Tibetans say is the 14th reincarnation of the 600-year-old post — will reveal…
Read MoreStocks Climb, Dollar Holds On Trade Hopes And Rate Bets
[ad_1] Asian markets rose Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US interest rate cuts. Easing concerns about Middle East tensions also added to the upbeat mood. With the Israel-Iran ceasefire holding for now, investors were able to turn their attention back to the economy…
Read MoreUN Conference Seeks Foreign Aid Rally As Trump Cuts Bite
[ad_1] Spain will host a UN conference next week seeking fresh backing for development aid as swingeing cuts led by US President Donald Trump and global turmoil hinder progress on fighting poverty, hunger and climate change. French President Emmanuel Macron, South Africa’s Cyril Ramaphosa and Daniel Noboa of Ecuador will headline the around 70 heads…
Read More