Modi might ‘Trump’ Donald to become Time’s ‘Person of the Year’

Prime Minister Narendra Modi is leading an online poll of readers’ choice for Time magazine’s ‘Person of the Year’ in 2016 honour, which has contenders like US President-elect Donald Trump, the outgoing US leader Barack Obama and Russian President Vladimir Putin. Continue reading Modi might ‘Trump’ Donald to become Time’s ‘Person of the Year’

Taxes on expats may cause ‘brain drain’

Imposing tax on expatriates’ remittances and incomes, thepossibility of which is currently under study in some GCC countries, will lead to negative consequences, including “brain drain” among expatriates who constitute about 90 per cent of the total employees in the private sector in the region, International Monetary Fund. Continue reading Taxes on expats may cause ‘brain drain’

Rising protectionism is taking a toll on global trade

Does Donald Trump’s election as United States President mean that globalisation is dead, or are reports of the process’ demise greatly exaggerated? If globalisation is only partly incapacitated, not terminally ill, should we worry? How much will slower trade growth, now in the offing, matter for the global economy? Continue reading Rising protectionism is taking a toll on global trade