Azets Sweden acquires parts of KPMG
Azets Sverige, an auditing and advisory firm, has acquired segments of KPMG’s operations in Sweden. Upon the completion of the transaction with Azets, KPMG will […]
Category: Economy
Trade War: How companies circumvent punitive tariffs
According to Deloitte’s senior economist, earlier punitive tariffs on China have resulted in manufacturing relocation, but not to the areas that Donald Trump had hoped […]
China’s export ban on high-tech metals: Warning Signal to Trump?
China’s export embargo on high-tech metals indicates that Beijing is bracing for a trade battle with the next US government. Shortly before Donald Trump’s second […]
Norway receives $2.58 Billion More Revenue from Oil in 2024
Norway earns NOK 29 billion more in tax income from oil than planned (equal to 2.58 billion USD). The oil tax for 2024 is likely […]
Bangladesh reports $238 billion laundered from the country in last 15 years
The interim government’s white paper drafting committee, which was formed to review Bangladesh’s economic status, stated in a press conference on Monday that in the […]
The End of the Petrodollar: A New Economic Era
A watershed point in international monetary history has occurred with the petrodollar agreement between the US and Saudi Arabia reaching its expiry date and the […]
Iran-Turkey border crossing Razi Border Gate will be opened to transit and truck trade
In a statement, Turkish Minister of Trade Ömer Bolat acknowledged the strong customs cooperation between Turkey and Iran, saying, “Once the Iranian side completes its […]
Norway’s GDP is more than twice as high as the EU average
Norway had the third-highest value creation per inhabitant in Europe in 2022 due to record high gas prices, energy exports, and a weak krone. Oslo, […]
China-EU Summit 2023: EU criticizes imbalance in trade with China
Thursday marks the start of the first summit between China and Europe in four years. The need of maintaining communication is stressed by everybody. There […]
How Portugal became the economic role model in the EU?
A decade ago, Portugal, which was on the brink of financial disaster, was not seen as a favorable investment opportunity by anyone. In contemporary discourse, […]
