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Latest Articles

Members of the European Union  have agreed to draw up a blacklist of tax havens in the wake of the Panama Papers leaks. Finance ministers have endorsed the move, which is to be completed by the end of the summer. The European Commission says countries on the tax blacklist should be sanctioned if appeals for change go unheeded. Ministers have also agreed to exchange information on the beneficial owners of co... Read more
The BBC reported today that “Saudi Arabia has given Iranian diplomats two days to leave the country, amid a row over the Saudi execution of a top Shia Muslim cleric.” On Saturday 2nd January Saudi Arabia executed 47 prisoners who had been convicted of terror related offences. Most of the 47 people executed were Sunnis convicted of involvement in al-Qaeda-linked terror attacks over the last decade. ... Read more
Saudi Arabia, the world’s largest oil exporter, posted yesterday a record budget deficit of $98bn (£66bn) this is its second deficit in consecutive years. Though this figure was less than some economists predicted ($130bn) it nevertheless has ‘forced’ the Kingdom’s Finance Ministry to look at revenue raising and other money saving measures. These include:
  • Applying VAT and raising charges on p... Read more
With France still on ‘high alert’ after the terrorist attacks in Paris on 13th November leaving 130 dead, a teacher has been attacked in a preschool class in Aubervilliers, (a suburb of the French Capital), by a man shouting: "This is for Daesh [Islamic State]. It's a warning",  He stabbed the teacher with a box cutter or scissors before fleeing. Police sources said ‘the teacher was stabbed in th... Read more
Reckitt Benckiser, a British-based consumer goods manufacturer were ordered by An Australian court to remove products in the Nurofen pain relief range from Supermarket shelves within three months, stating that Reckitt Benckiser misled consumers. The court said products marketed to treat specific pains, such as migraines, and which were sold at double the price of their counterparts were too similar, if not identi... Read more

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