US Economy Hit by Delta Variant

The US economic recovery from the Covid-19 pandemic is slowing due to the spread of the Delta variant and a sizable segment of unvaccinated people, Joseph Brusuelas, chief economist at accounting and consulting firm RSM US LLP, has said. “In the United


France’s economic activity getting back to normal

In July, the services sector, worst-hit by restrictions, was “increasing significantly” after a return to normal…reports Asian Lite News. The French economic activity ran at 1 to 1.5 per cent below normal levels in July, nearing the pre-coronavirus pandemic levels as the


G20 FMs approve global tax reform

The plan will have to be definitely approved by G20 heads of state and government gathering in Rome in October for the annual major summit…reports Asian Lite News. The G20 Finance Ministers have agreed to go ahead with the plan to design


UK Watchdog bans cryptocurrency exchange Binance

The UK’s Financial Conduct Authority has banned the major crypto exchange Binance from conducting regulated activity in the country, including Binance Markets Limited and its parent Binance Group, the media reported. The watchdog didn’t say just why it blocked Binance but noted


Pandemic still Threatens Economy

US Federal Reserve Chair Jerome Powell has said the Covid-19 pandemic continues to pose risks to the US economic outlook as the pace of vaccination has slowed. “Progress on vaccinations has limited the spread of Covid-19 and will likely continue to reduce

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