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Showing posts from December, 2019

The UAE is a popular destination for wealthy foreigners for a number of reasons.

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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in

Johnson likely to break his pledge as Brexit by December 2020 looks too ambitious

UK Prime Minister, Boris Johnson, who earlier pledged to take Britain out of European Union by the end of year 2020, is likely to break his promise as according to European Union Trade Commissioner, Phil Hogan, Brexit transition period would extend beyond 2020. In an interview with the Irish Times, published Monday, Hogan said, “In the past, we saw the way the prime minister promised to die in the ditch rather than extend the deadline for Brexit , only for him to do just that.” Johnson had previously committed to “die in a ditch” rather than extend an earlier deadline of October 31 to exit the bloc. “I don’t believe Prime Minister Johnson will die in the ditch over the timeline for the future relationship either,” Hogan said. The recently appointed EU Trade Commissioner, who playa key role in the EU-UK talks on their future relationship, said that it was ‘ very odd ’ to impose any restriction on the Brexit extension and that it all seemed more like a political stunt.

Qatar offers ‘zero cost’ recruitment, which never really brought any result on ground

As Nepal is poised to sign a deal with Malaysia to ensure cost-free recruitment of workers, Qatar has expressed its interest in hiring Nepalis without charging them any money in the process. In Qatar, migrant workers represent about 90 per cent of its resident population, and Nepalis represent a significant number of its migrant workforce. As Nepal is poised to sign a deal with Malaysia to ensure cost-free recruitment of workers, Qatar has expressed its interest in hiring Nepalis without charging them any money in the process. Qatar, which hosts hundreds of thousand Nepalis, has proposed a ‘zero cost’ modality for employing migrant workers in the country. The developments come as another relief for Nepali workers who face a number of hassles before departing for the job destination and while working in a foreign country. Malaysia is due to sign a labour agreement with Nepal this week, sparing workers the huge expenses that they are currentl

Iran Authorities Block Mobile Internet Access For A Second Time

Iran is again trying to throttle the power of free expression as it turns to control access of Internet anticipating another outbreak of a mutiny.  The Iranian government has restricted mobile internet in several provinces. This comes as protestors take to the social media to announce a wave of demonstrations for the second time. Apart from this, state media has reported that Iranian intelligence ministry agents have seized a cache of 126 mostly U.S.-made guns smuggled to the central city of Isfahan from abroad. This might be indicative of some kind of violence coming through protests but there is no clarity over this as of now. Apart from control over Internet access, security forces have been on alert for any events that could spark more unrest after 1,500 people were killed in less than two weeks after protests erupted on Nov. 15, according to a Reuters report. Earlier on, protests had started over gasoline price hike. They later took in all the other aspects which has

Bolivia joins Lima Group to help resolve crisis in Venezuela

The interim government of Bolivia has decided to join the Lima Group to help resolve the Venezuelan crisis.   This was announced on Sunday by the Ministry of Foreign Affairs of the Republic. "The Ministry of Foreign Affairs of Bolivia announces the entry of Bolivia into the Lima Group," the statement said.  As noted in the foreign ministry, in this way the republic "will contribute to the achievement of a peaceful, democratic and constitutional solution to the crisis in Venezuela." The Lima group was formed on August 8, 2017 in the capital of Peru, where representatives of 12 countries (Argentina, Brazil, Guatemala, Honduras, Canada, Colombia, Costa Rica, Mexico, Panama, Paraguay, Peru and Chile) signed a joint declaration on the non-recognition of the Constitutional Assembly    Venezuela convened at the initiative of President Nicolas Maduro without a referendum.   Guyana and Saint Lucia later joined the group. The situation in Venezuela escalate

Humanitarian Catastrophe Now Hits North Western Syria

It all started as a way to get rid of the Syrian rebel forces. But at the worst receiving end right now, are the thousands of civilians that are running for their lives. Syria has become a mass exodus where UN has reported as many as 100,000 people have fled northwestern Syrian region running to the border. The Russian and Syrian government joint strike is leading to a humanitarian catastrophe, as Maarat al-Numan is being bombed repeatedly. Earlier it was Idlib province from where thousands of Syrians were displaced and moved towards the border into Turkey. The new exodus is creating the same situation and Turkey has made it clear that it has no capacity left to handle such a big exodus of civilians. It is now confirmed that 80,000 Syrians are already on the move towards Turkey. Sadly, this seems to be a political pressure game being played by Moscow to get Ankara to buy its terms, a week before both countries meet over a summit.   While Russia jointed hands with Turke

Boris Johnson’s Brexit Deal Is Set for First Vote in New Parliament

Boris Johnson’s Brexit bill faces its first vote Friday in the House of Commons as the prime minister seeks to drive the legislation through Parliament and take the U.K. out of the European Union on Jan. 31. After Johnson’s Conservatives swept to victory in last week’s general election, the vote at about 2:30 p.m. is largely a formality, because all Tory candidates vowed to back it. The legislation will then be set to progress through the remaining parliamentary steps in January, after a Christmas recess. The Tories’ new 80-seat majority signals an end to the stalemate that’s hobbled the government since the 2016 Brexit referendum. By making progress on the divorce before Parliament breaks up, Johnson aims to show he’s moving quickly to deliver on pledges that swept his party to electoral wins in seats in northern and central England that haven’t voted Conservative in decades. “Today we will deliver on the promise we made to the people

Bolivian Prosecutor's Office issues arrest order for Evo Morales

The prosecutor's office of Bolivia issued on Wednesday an arrest warrant for ex-President Evo Morales.   A photograph of the document was posted on Twitter by the Minister of the Interior of the South American Republic, Arturo Murillo.   According to the text of the document, the decision to issue a warrant was taken as part of a criminal investigation into incitement to rebellion, terrorism and the financing of terrorism.   According to the prosecutor’s office, this measure is necessary for the former head of state to “appear for questioning and testify” in the case.   The document also states that the detention of Morales can be carried out by "any competent civil servant."   Presidential elections were held in Bolivia on October 20.   According to the Supreme Electoral Court, Morales, the current head of state, received the majority of the votes.   His main rival, Carlos Mesa, said he did not recognize the opponent’s victory in the first round.   After t

Stocks called to start higher with trade still in focus

US futures had stocks opening slightly higher on Monday as Washington and Beijing's "phase one" trade deal remained the focus of most traders. As of 1230 GMT, Dow futures were up 0.17%, while S&P 500 and Nasdaq-100 futures were ahead 0.36% and 0.42%, respectively. The Dow closed just 3.33 higher on Friday after Washington and Beijing reached a deal to avoid fresh punitive tariffs planned by the Donald Trump administration. The President said Beijing had agreed to "massive" purchases of US agricultural and other goods but did not give a specific number - leaving market participants cautious moving into the new week. Also weighing on sentiment, Senior Chinese diplomat Wang Yi said on Friday that the United States had seriously damaged the hard-won mutual trust between the countries by criticising Beijing over issues such as Hong Kong and the treatment of Muslim Uighurs. "Such behaviour is almost par

Johnson Welcomes New MP And Subtle Cabinet Reshuffle

Boris Johnson is a happy confident politician whose win shows that the loyalty of the British people lies with the Conservatives. It is a total win as Laboured held regions are also going to be represented by the Conservatives. This movement has led to the Conservatives securing 80-seat majority and Johnson is all set to greet the new MPs this week. There is confirmed news that he will carry out a mini cabinet reshuffle. But for starters, he will need to appoint the vacant spots of culture and Welsh secretary posts. The candidates holding these positions had stepped down before the general elections. Alun Cairns step down after pressure from the public over the allegation that is former aid sabotaged a rape trial. Nicola Ann Morgan stepped down on the thoughts that British politics had become stingy and the people merciless in categorizing or scrutinizing MPs. The Queen is set to open the Parliament as she sets out the government’s legislative programme. The MPs will firs

Morales asks Argentina for refugee status

Former Bolivian President Evo Morales has applied for refugee status in Argentina instead of political asylum after arriving in the country.  This was announced on Thursday by the Ministry of Foreign Affairs of the South American Republic. "Morales and the ex-Minister of Health of Bolivia Gabriela] Montagno signed the relevant petition upon arrival at Ezeiza airport, and will receive this status in the near future," the statement said. Morales, who was granted political asylum in Mexico after resigning as president, and Montagno arrived in Buenos Aires on Thursday morning.  Prior to their arrival, the Argentine government granted them and three other former members of the Morales administration political asylum. According to Argentinean legislation, refugees have the same rights as any foreign citizen who has received a residence permit in Argentina.  The law does not say that a refugee cannot engage in political activities, but earlier the head of the Foreign M

EU and Serbia started negotiations on free movement of capital

The European Union and Serbia have opened a new chapter in the negotiations on the entry of this country into the community regarding the free movement of capital.   This assessment was given on Tuesday by the press service of the Council of the EU. "Today in Brussels the eleventh meeting of the Ministerial Accession Conference of Serbia was held, dedicated to the opening of the fourth chapter, which concerns the free movement of capital," the Council said in a statement. Thus, the document emphasizes, the EU and Serbia have opened 18 of the 35 chapters of the negotiation process, two of which are already temporarily closed. Negotiations on Serbia's accession to the European Union began in January 2014.

Hariri Steps Back Into Power Seat Despite Civil Disobedience

Despite the hue and cry of the Lebanese public, Saad Hariri is going to be re-elected as the Prime Minister, as promising candidate Samir Khatib withdraws from nomination, reports have confirmed. The Lebanon crisis has deepened more than ever. Khatib was Hariri’s recommendation but the former had not received acceptance from the disgruntled public.   Roads leading to Baabda Palace have been secured as 128 member of Parliament are to get together to name the new Prime Minister under their parliamentary consultation process.   A civil disobedience movement has been ongoing in Lebanon against siphoning of international funds and corruption at the hands of a disloyal government that has not done anything in civic amenities, employment and general upkeep of the city. The civil movement continued in Beirut over the weekend, as activists rejected Khatib as a possible prime minister as “an extension of the ruling political power.” A unanimous cry has been “We reject Hariri’s retu

Trudeau Prepares To Deliver His Second Term Agenda Of ‘Collaboration’

The current Canadian Prime Minister Justin Trudeau is only concentrating in offering an agenda of collaborative effort and thoughts for the betterment of Canada. He is now slated to unveil the agenda for his weakened one is hoping to reach out to the opposition for support on tax cuts, healthcare and fighting climate change. While he has not been able to put together a majority government and will have to do with an alternate version, he is heading the second term as PM that has been met with hot and cold responses from Mr. Donald Trump. In the recently concluded elections, Trudeau won by a narrow margin and could establish a minority government. This means that in his second term, he is depending on the support of the other parties to govern. “We seek hardship for none and prosperity for all, and if we unite around these common goals, I know we can achieve them,” Trudeau told cheering supporters in Montreal. He said Canadians had sent a clear message of support for progressi

Iranian President ready to start negotiations with USA immediately if sanctions are lifted

Iran is ready to negotiate with the United States within one hour if Washington lifts sanctions on Tehran.  This was stated on Wednesday by the President of the Islamic Republic Hassan Rouhani. "The US president will lift the sanctions, and we will begin negotiations within one hour."  In May 2018, the United States withdrew from the Iranian nuclear deal.  She suggested that Tehran renounce nuclear weapons in return for lifting sanctions.  Washington placed additional political demands on the Islamic Republic and introduced stringent restrictive measures to fulfill them.  As a result, Iran has run out of fuel.  Retail gas prices doubled, leading to riots. In late November, US Secretary of State Mike Pompeo announced new sanctions against Iran under the pretext of violating human rights in the republic.