Showing 1 - 10 of 23
Deal averting US default clears first hurdle
AFP, Published on 31/05/2023
» WASHINGTON: A deal to raise the US debt ceiling passed its first major test in Congress on Tuesday, surviving a crucial procedural vote amid a conservative backlash that resurrected the threat of the country's first-ever default.
US warned debt standoff could hit credit rating
AFP, Published on 25/05/2023
» WASHINGTON: Ratings agency Fitch put the United States on notice Wednesday that its perfect credit rating could be jeopardised if the White House and Republican opposition fail to overcome their impasse on raising the nation's borrowing limit, a week before a key deadline.
US risks debt default as soon as July: budget office
AFP, Published on 16/02/2023
» WASHINGTON - The United States risks defaulting on payment obligations as soon as July, if lawmakers fail to resolve a gridlock and raise the federal borrowing limit, according to Congressional Budget Office estimates Wednesday.
The elite of MBA schools evolves a game-changing virtual dimension
Published on 03/06/2022
» As the saying goes, every cloud has a silver lining. One good thing that’s come out of Covid-19 is the fast-forward in digital adoption that, among many other things, is not only democratizing education but making it more malleable and convenient.
How to Stay Protected Against the Looming Threats of Ransomware
Published on 09/03/2022
» Cybercrime technology is becoming more and more sophisticated. If your online security system isn’t up to scratch, you could be unknowingly vulnerable to a ransomware attack.
Free fall
Asia focus, Larry Jagan, Published on 22/03/2021
» Yangon is burning: Plumes of smoke rose into the skyline in the north of the city every day last week. Large parts of Myanmar's biggest city and main commercial centre resembled a battle zone after the military junta imposed martial law in several neighbourhoods.
$15 Minimum Wage Would Cut Jobs, Reduce Poverty, CBO Study Finds
Business, Published on 10/02/2021
» Raising the federal minimum wage to $15 an hour by 2025 could deliver raises for 27 million workers and lift 900,000 Americans above the poverty threshold -- but the policy would cost 1.4 million Americans their jobs over the next four years, according to a study released by the nonpartisan Congressional Budget Office Monday.
Novartis agrees to $642mn US settlement over kickbacks
AFP, Published on 02/07/2020
» WASHINGTON - Swiss pharmaceutical giant Novartis has agreed to pay more than $642 million to settle a lawsuit which accused it of paying kickbacks to doctors, among other allegations, the US Department of Justice said Wednesday.
Changing employment conditions during the COVID-19 situation
Published on 13/05/2020
» The COVID-19 crisis continues to have a serious impact on global economic conditions, and many employers are feeling the severe economic effects here in Thailand. In light of this situation, employers are making efforts to ensure that their businesses survive the crisis, often looking to cost reduction measures such as reducing employees’ wages and benefits in accordance with labour laws. In general, Thai labour laws permit employers to reduce employee wages and benefits either by negotiating with employees and receiving their consent for the reductions, or by carrying out the labour relations processes described below.
The future of rice production
Asia focus, Tanyatorn Tongwaranan, Published on 29/10/2018
» Rice, one of the world's most important staple foods, is now facing a challenging time with increasing competition for dwindling resources such as land and water, unpredictable climate, farm labour shortages and lack of technical expertise.