UAE no longer attractive Investment Hub for " Hot money " Financial Action Task Force (FATF) , a Paris-based global watchdog , has categorised UAE on the FATF 'gray list' endangering its position as a regional financial centre . Now transactions and commercial trade in the seven Emirates of the United Arab Emirates will be
The global economy is witnessing with alacrity the threat hurled by the United States of America to impose tariff on potential imports from China of goods valuing around USD 60 billion, ostensibly on the grounds that it violated sanctions imposed on Iran and North Korea. The trade tussle between these two global economies was simmering
Where has the US Commercial Shipping Industry disappeared The US Navy and US Maritime Administration will have to justify why it is so prolific in spending on naval ships rather then building US merchant navy fleet. What is really being protected by the US Navy needs an in depth study. Is the US Navy protecting
Under 30 College Dropouts The digital world has exposed the startup ecosystem culture it seems. The much glamorised and touted startup ventures by Under 30 individuals apparently raised around $5 billion in funding and it is being reported that many Under 30 persons are involved in scams worth almost $18 billion. College and university drop
No Recognition but Trade goes on Despite having no official relations China is Taiwan’s largest trading partner and the US comes in a close second. Both countries maintain no official relations yet their two way annual trade rose to US $ 328 billion and the ready supply directly from Taiwan of processor chips is a
The French hospitality giant Accor has partnered with a company that appears to have been controlled by the ruling family of Nakhchivan and evidence shared to OCCRP reveals that the Talibov family was likely behind a corporate group that owns a property empire in Georgia worth $270 million.Response from Accor is awaited to date.
It has been highlighted by OCCRP that an audit by Swiss Federal Audit Office revealed that Switzerland is ill-equipped to properly investigate and deter cases of money laundering across multiple economic sectors.One point of vulnerability highlighted was the country’s real estate sector, specifically its land registry, which was noted to be lacking proper surveillance and
Understanding the “United Nations Conference on International Commercial Arbitration” and the “Convention on the Recognition and Enforcement of Foreign Arbitral Awards” in the context of External Trade Disputes Initially, the United Nations Commission on International Trade Law (UNCITRAL) was established by the UN General Assembly on December 17th, 1966 to unify international trade law as
As reported by the Organised Crime and Corruption Reporting Project Switzerland is ill-equipped to investigate or deter money laundering, according to an audit by the country's financial authorities. Switzerland's real estate sector, specifically its land registry, is highly vulnerable to proceeds of money laundering and corruption.
Series - Part I Understanding the “United Nations Conference on International Commercial Arbitration” and the “Convention on the Recognition and Enforcement of Foreign Arbitral Awards” in the context of External Trade Disputes Introduction Credit
