Insights
209,000 jobs added by US economy in July
July witnessed an addition of 209,000 jobs by US, showing that the US is on its course of economic recovery. The manufacturing and professional business services sector witnessed the biggest job gains. There has also been a slight increase in the US labour market, which will encourage workers who have given up job hunt to…
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Will Interest Rate Rise? As Inflation Touches Five Months High
Recently the inflation rate in the United Kingdom has gone up with June seeing an increase in the prices of food and clothes. The consumer price index rose to 1.9% in the month of June from 1.5% in May. The expectation of an increase in the interest rate, following the increase in inflation has also…
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A look at FATCA (Foreign Account Tax Compliance Act)
The United States global tax law; Foreign Account Tax Compliance Act (FATCA), came into effect on 1st July 2014. The FATCA is at last here after a period of 4 years, initially developed in 2010 as an approach to make America’s corporations and private individuals stop evading America’s taxes by depositing their money into their…
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The economic recovery of the United Kingdom during the first half of 2014
The economic growth of a country comprises of a large number of different factors and a combined effect of all the factors makes the final impact. Similarly, in order to understand the economic growth of United Kingdom, it is important to identify the performance of various factors regarding the economy such as unemployment, investments, gross…
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Dow Jones Industrial Average Crosses Above 17,000 for The First Time Just Before The American Independence Day
The Dow Jones Industrial Average, which is a stock index comprising of some of the biggest global companies has crossed the 17,000 mark for the first time Thursday’s trading showed shares rapidly rising up, as a result of high investor confidence, which was largely due to the positive job report which showed that US economy…
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‘UK riskier place to do business than Qatar’
Britain ranks lower than the controversial host of the 2022 World Cup in a new index measuring how safe countries are to do business in. Britain is a riskier place for businesses to operate than scandal-hit 2022 Worl Cup host Qatar, according to new research. It also ranks lower than neighbours Ireland and France,…
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