March 17, 2022
Government of Belize presents billion dollar budget to Parliament
Prime Minister John Briceno has presented a BDZ$1.2 billion (One Belize dollar=US$0.49 cents) budget to Parliament, announcing the restoration of the restoration of the 2020-2021 wage levels to teachers and public officers as well as expecting to…
March 15, 2022
UK computer chip designer Arm Holdings has said it plans to cut up to 15% of its workforce
The redundancies have emerged just a month after the collapse of the firm's $40bn sale to US chipmaker Nvidia. If the proposals go ahead most job losses would be in the UK and the US, the Cambridge-based company said. Arm's chip designs are licensed…
March 13, 2022
New evidence highlights corrupt deals
A BBC investigation has uncovered new evidence about the corrupt deals that made Roman Abramovich's fortune.The Chelsea owner made billions after buying an oil company from the Russian government in a rigged auction in 1995. Mr Abramovich paid…
March 11, 2022
More companies halt operations in Russia
Western Union, Goldman Sachs, The Walt Disney Company, Sony Music and Warner Music are pulling out of Russia amid its ongoing invasion of Ukraine, now in its second week. Goldman Sachs announced that it will be shutting down its operations in…
March 11, 2022
Antigua questions US legislation on Citizenship by Investment Programme
The Antigua and Barbuda government Wednesday questioned legislation before two Committees in the United States House of Representatives regarding the Citizenship by Investment Programmes (CBI). On March 3, three US legislators introduced the “No…
March 8, 2022
One gas station in Los Angeles close to $7 a gallon
The average price of a gallon of self-serve regular gasoline in Los Angeles County rose to almost $5.25 on Saturday, but some gas stations in the area have even higher prices according to KABC. The Shell gas station located at Olympic Boulevard and…
March 6, 2022
Five ways the Ukraine war could push up prices
Severe sanctions on Russia aim to isolate the country and create a deep recession there, but the economic fallout will also be felt by people around the world. The sharp rise in the prices of things from oil and metals to wheat is expected to push…
March 5, 2022
Zara, Paypal and Samsung suspend business in Russia over Ukraine invasion
Zara, Paypal and Samsung are the latest international firms to suspend trading in Russia after it invaded Ukraine. The clothes retailer's owner, Inditex, will shut all 502 stores of its eight brands, including Bershka, Stradivarius and Oysho, from…
March 3, 2022
What sanctions could West still impose on Russia?
A raft of actions by the West is aimed at choking Russia's economy and banking system, and punishing Vladimir Putin's inner circle. What more sanctions could they impose? In response to Russia's invasion of Ukraine, the US, UK, EU and more than two…
March 1, 2022
Oil prices hit 7-year high despite emergency measures
Oil prices surged on Tuesday despite new measures aimed at calming markets worried by the invasion of Ukraine.Brent crude - the international benchmark for oil prices - jumped 10% to $107 a barrel, marking the highest level seen in more than seven…