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Swiss Voters Reject Corporate Tax Change
Swiss citizens rejected federal government proposals to overhaul the country’s corporate tax system.
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Temer To Ram Through Unpopular Reforms
Brazil’s administration faces an approval rating of only 10.3% and the unpredictable course of corruption investigations. But president Michel Temer still has a major opportunity to get Congress this year to approve his ambitious and unpopular austerity reforms of social security, labor laws, and the opening of rural land and domestic airline sectors to foreign investors.
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Tough Times For The Brexit Queen
Ever since Theresa May became Britain’s prime minister in the wake of last year’s fateful EU referendum, she has sought to define herself—and her government—as something more than just the executors of the “people’s will” in carrying out Brexit.
Capital Raising & Corporate Finance
Trade Pact Sails Forward
Ratified by more than 110 of 164 member countries, the Trade Facilitation Agreement (TFA) has gone into force, launching “a new phase for trade facilitation reforms all over the world,” according to the WTO.
Economics, Policy & Regulation
Infrastructure: Can It Rebuild The Global Economy?
Bridges, ports, roads and dams: Infrastructure investment is having a moment in the sun. But will it rise to the high hopes so many have that it can rebuild crumbling economies around the world?
Capital Raising & Corporate Finance
Q&A: Litigation Funding Offers CFOs New Options
Justin Brass, managing director at litigation finance specialist Burford Capital,recentlyvisited Global Finance to discuss funding innovation and the bottom-line value of litigation.
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Cyprus: New Talks On Old Problem
Negotiations in Geneva have resumed over the decades-old division of Cyprus.
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China To Rule Renewables
China is committed to investing more than $360 billion in domestic renewable energy and supporting technologies by 2020,building on its existing position as the world’s largest investor in renewables.
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New Mayor Sells Off São Paulo
New mayor of São Paolo João Doria, a businessman, plans to sell the racing circuit of Interlagos and the operation of Pacaembu soccer stadium.
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Insider At UN To Mitigate Antiglobalism
António Guterres, the former prime minister of Portugal and UN high commissioner for refugees, took over on January 1 for a five-year term as the United Nations secretary general.The fact that Guterres ran a major UN agency during a global refugee crisis would help him to focus on ways to better integrate the various UN operations and to partner with other institutions.
Economics, Policy & Regulation
Jack Ma Pledges US Jobs. Sort Of
Alibaba executive chairman Jack Ma stood side by side with president-elect Donald Trumpon January 9 to tout Alibaba plans that would “create one million [US] jobs.” Turns out, the plans are to support exporters, which may or may not create jobs in the US.
Economics, Policy & Regulation
Old Essay Shines Light On Trumps Trade Rep
A35-page essay in the archives of the US-China Economic and Security Review Commission shows howRobert Lighthizer, a veteran attorney who is now Trump’s pick for US Trade Representative, might approach America's$30 billion-a-month trade deficit with China.