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Facebook’s business model set to withstand exposé

Location:

INT

This followed the Senate testimony of former Facebook employee and whistle-blower Frances Haugen that the company puts "profits over people". Her critical testimony about the…

Estonia affair will tighten checks on money laundering

Location:

ESTONIA/DENMARK

The impact of the recent money laundering scandal.

China's pharmaceuticals regulation will strengthen

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CHINA

Reform of drug regulation and pricing in China.

Iraqi Kurds’ economic trap will drive instability

Location:

IRAQ

The Kurdistan Regional Government (KRG) emphasised it had sent the federal finance ministry a promised full list of employees on April 21; however, Baghdad sources said…

Egyptian health reform may discourage income reporting

Location:

EGYPT

The system will create a new single state-run insurer, which will pay fees to both existing private and public hospitals that meet defined quality standards. This a major…

Venezuela reform plans risk new political challenges

Location:

VENEZUELA

This is in line with a strategy of slow-paced economic liberalisation in place since 2017. The announcement sparked an uptick in local and international investor interest in…

China cracks down on its financial sector

Location:

CHINA

The authorities have also pressured many financial entities into cutting pay and benefits and carried out broad reforms of financial regulators. These moves may be part of…

Oman will struggle to balance social and fiscal needs

Location:

OMAN

The additional income is being partly used to direct support to poorer segments of society. However, this has not ended the mounting popular pressure for accelerated change. The…

Anti-graft moves will hurt banking sector in Vietnam

Location:

VIETNAM

This was soon after further details emerged about previously reported financial scandals. The largest involves alleged embezzlement of more than VND300tn (well over USD12bn) from…

Brazil elections cast doubt on Correios privatisation

Location:

BRAZIL

Since taking office, President Jair Bolsonaro has pledged a series of privatisations but with few advances to date. Finance Minister Paulo Guedes has recently stressed that the…