by omganteng | Apr 2, 2025 | economic policy, economics, fiscal policy, government, government regulations
The Nigerian Economic Summit Group has cautioned that the federal government might encounter revenue deficits if it doesn’t raise the value-added tax rate as part of the current tax reform efforts. Dr. Tayo Aduloju, who serves as the CEO of NESG, shared this statement...
by omganteng | Apr 2, 2025 | customs, economics, exports, government of israel, international trade
Tel Aviv [ Israel On April 2nd, as directed by Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich and Economy and Industry Minister Nir Barkat, Israel has eliminated all the custom duties – tariffs – previously imposed on goods coming...
by omganteng | Apr 1, 2025 | economics, international relations, news, politics, uk economy
Rachel Reeves is set to confront a new crisis today as Donald Trump launches a new wave of devastating tariffs. Tonight, the U.S. President is set to unveil comprehensive tariffs on products sourced globally, potentially undermining the Chancellor’s most recent fiscal...
by omganteng | Apr 1, 2025 | business, commerce, economics, international trade, us economy
An economist estimates that tariffs as high as 20% on products from Northern Ireland entering the United States could result in at least £100 million in potential revenue losses for local companies. The US President, Donald Trump, plans to declare additional tariffs...
by omganteng | Apr 1, 2025 | economics, social welfare, welfare, workers, workforce
As part of the contentious welfare reform, an additional 400,000 individuals might be classified as unable to work. The overhaul was intended to help long-term sick individuals return to employment, but it sparked anger even amongst Labour’s own members of parliament....
by omganteng | Apr 1, 2025 | business, clothing and apparel, economics, news, sports
Possible tariff implementations by the U.S. on Vietnam might jeopardize the resurgence of Nike and Adidas due to increasing manufacturing expenses and evolving market conditions. Nike might soon encounter an additional challenge in its attempt to rejuvenate its brand...
