Monday’s global headlines cover major shifts in policy and markets.The UK plans to cut visa fees to attract skilled workers amid labour shortages, while Canada, Australia, and the UK formally recognise Palestine, aiming to revive hopes for a two‑state solution.Meanwhile, the US clarifies one-time H‑1B fees, and Goldman Sachs raises…
According to the World Nuclear Industry Status Report released on Monday, the record level of global nuclear power production achieved in 2024 will be difficult to sustain in the coming years. This is attributed to insufficient investment, the aging of existing plants, and disruptions to ongoing projects.Nuclear power is currently experiencing…
Indian IT stocks slumped on Monday after US President Donald Trump announced an overhaul of the H-1B visa programme, imposing a hefty $100,000 fee on new applications.The surprise move threatens to upend the long-standing outsourcing model that Indian IT majors rely on to serve their biggest market.Shares of Tata Consultancy…
The United States is facing an unusual problem. Investors do not know whether they can trust the government’s economic numbers anymore.Jobs reports swing wildly on revision. Inflation figures are increasingly filled with guesswork. Key surveys arrive late, sometimes without explanation.For an economy that runs on expectations, the credibility crisis in…
European governments facing stretched budgets are under pressure to find ways to raise revenues while addressing inequality.Discussions around wealth taxes have returned to the table, but history shows that direct levies on wealth often generate only modest income and face significant challenges.Economists and policymakers are instead pointing to other tax…
Ecuador is poised to achieve a significant milestone in the global cocoa market, with projections indicating a production exceeding 650,000 metric tons in the forthcoming 2025-26 season. This substantial increase could potentially elevate Ecuador to the position of the world’s second-largest cocoa grower, surpassing Ghana, a traditionally dominant player in the…
Dow futures are taking a bit of a breather this Monday after an upbeat week that saw major indexes hitting record highs. Futures for the S&P 500, and Nasdaq all slipped slightly, signaling some caution in the air. Last week’s Federal Reserve rate cut had lifted spirits, but now investors…
Warner Bros. Discovery Inc (NASDAQ: WBD) is extending gains on Monday morning following reports that Paramount Skydance is willing to pay a massive premium to acquire the mass media giant.The potential acquisition comes as WBD prepares to split its streaming and studio operations from global TV networks. If successful, the…
The UK government is weighing a plan to scrap visa fees for global top talent seeking to live and work in the country.The potential move reported by Financial Times is potentially aimed at making Britain far more welcoming for elite professionals in fields like technology, science, and the arts.Right now,…
Monday’s global headlines cover major shifts in policy and markets.The UK plans to cut visa fees to attract skilled workers amid labour shortages, while Canada, Australia, and the UK formally recognise Palestine, aiming to revive hopes for a two‑state solution.Meanwhile, the US clarifies one-time H‑1B fees, and Goldman Sachs raises…