08 Jan 2019

Pamex adjusts logistics to combat $3 billion/yr in stolen fuel; shortages occur across Mexico

In an effort to reduce gasoline theft, State oil company Petroleos Mexicanos (Pamex) has changed their distribution methods, resulting in shortages and long lines at refueling stations across 6 states. Fuel theft in the country had risen from around $500,000 USD per year in the early 2000s to around $3

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07 Jan 2019

China boosting economic, athletic ties with Jamaica

China is boosting economic and relationship-building investments with the Caribbean island of Jamaica, according to the counsellor for Economic and Commercial Affairs at the Chinese Embassy. “The investments keep growing each month. The two-way trade has more than surpassed what it was in 2017. International development cooperation has reached a

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04 Jan 2019

China’s population growth likely to enter negative territory in 2030

China’s population is projected to reach a high of 1.442 billion in 2029, at which time the population will begin to decline due to fertility rates of only 1.6. If the rate does not increase in the next years, China’s population will begin to contract in 2027. According to the

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02 Jan 2019

Bangladesh’s economic gains marred by plunge into autocratic rule

“Ever since Bangladesh became an independent state in 1971, its political life has suffered several types of seemingly endemic conflict, some of it associated with periodic outbursts of violence or prolonged and relatively low-key armed confrontations. Currently, Bangladesh has an ‘abnormal crisis’ – political violence and widespread harassment of opponents

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28 Dec 2018

The Trans-Pacific Partnership Enters Into Force without USA on December 30

With Australia’s ratification of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) trade agreement, the agreement between 11 countries will go into effect at the end of December. Current signatories include Japan, Australia, New Zealand, Singapore, Mexico, and Canada, while Brunei, Chile, Peru, Vietnam, and Malaysia were a part of the

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27 Dec 2018

Russia faces higher inflation, economic slowdown in 2019

“Russian economic growth has been below the global average in the past few years, hampered by a weak and volatile currency, a drop in oil prices, and by sanctions first imposed by the European Union and the United States in 2014 after Russia’s annexation of Crimea. Russia’s seizure of three

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27 Dec 2018

The IRS Wants to Use Social Media to Catch Tax Cheats

IRS use of social media for information mining connected to audits has been rumored, but it has not been confirmed until a recent request for information shows that it is seeking to formalize a tool to compile relevant public information from social media sites. The request reads that “businesses and

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26 Dec 2018

China’s advances in Arctic may pose security threat to Canada

The arctic is becoming increasingly militarized as countries, including China, jostle for positions and to protect trading lanes and claims of different sorts. And while Canada has downplayed threats from China, it has complained about Chinese disregard for international rules and voiced concerns that China will repeat escalatory tactics in

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26 Dec 2018

2018: A Banner Year for Breaches

“Another day, another data breach?” Breach fatigue is setting in as the next new breach hits headlines on an overwhelmingly regular basis. Rather than “tuning out” or ignoring the breaches, however, they must become alarm bells that drive companies, individuals, and governments around the world to implement proactive security practices

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21 Dec 2018

With eye on China, Germany toughens rules for foreign buyouts

“Germany was Wednesday set to toughen rules on non-EU share purchases and acquisitions of its strategic companies, amid growing disquiet about takeovers by Chinese firms. It plans to lower the threshold where reviews apply to foreign purchase offers of 10 percent of companies, down from 25 percent now. Germany and

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