Roberto Campos Neto, governor of the Central Bank of Brazil (BCB), appears in the Pandora Papers leak of records as an assetholder in offshore tax havens, several media sources report. The International Consortium of Investigative…
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© Reuters. FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard…
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Facebook’s approach to users’ data has just been dealt a major blow from the European court of justice (ECJ). In an answer to a question from Germany’s highest court, the ECJ’s advocate general – whose…
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A new era of space stations is about to kick off. NASA has announced three commercial space station proposals for development, joining an earlier proposal by Axiom Space. These proposals are the first attempts to…
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© Reuters. FILE PHOTO: Representative of the Venezuelan opposition leader Juan Guaido, Julio Borges is seen before a meeting of the Lima Group in Brasilia, Brazil, November 8, 2019. REUTERS/Adriano Machado/File Photo By Deisy Buitrago…
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Taxes “are the dues that we pay for the privileges of membership in an organised society”. As the quote from US president Franklin D Roosevelt in 1936 suggests, governments across the world need to collect…
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The Federal Reserve’s recent liquidity injections led to its lowest remittance to the Treasury since 2009, preliminary results show. The central bank handed over $54.9 billion to the Treasury, down from $65.8 billion in 2018.…
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© Reuters. FILE PHOTO: Farmers gather to mark the first anniversary of their protests on the outskirts of Delhi at Pakora Chowk near Tikri border, India, November 26, 2021. REUTERS/Anushree Fadnavis By Mayank Bhardwaj and…
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Following unrelenting pressure by the International Monetary Fund (IMF) and World Bank, the Nigerian government intends to eliminate its fuel subsidy in July 2022. Nigeria spent about N10 trillion (currently US$24.5 billion) on petroleum subsidies…
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Around two million years ago an ancient human relative, Australopithecus sediba, lived in what is today South Africa, nearby a cave called Malapa that’s a part of the Cradle of Humankind. Until recently, it was…
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