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Prince Charles Voted In To Lead The Commonwealth, Succeeding The Queen

Prince Charles Voted In To Lead The Commonwealth, Succeeding The Queen

By Lindsay Thompson LONDON, England — The Commonwealth Heads of Government Meeting (CHOGM) wrapped up days of high-level intense sessions and agreed that His Royal Highness Prince Charles, The Prince of Wales, 69, succeeds his mother Queen Elizabeth II as head of the Commonwealth of Nations. During the formal opening ceremony on Thursday, April 19, […]

Trade agenda of ‘immense importance’ to deliver SDGs

Trade agenda of ‘immense importance’ to deliver SDGs

Brexit, free trade, tariffs, the Blue Charter, sustainable development goals (SDGs) and next week’s Commonwealth Heads of Government Meeting (CHOGM) were all discussed at the official launch of the 2018 Commonwealth Trade Review last night. In front of a packed conference room in central London, High Commissioners from across the Commonwealth, along with other dignitaries, […]

Aussies caught up in tax probes

Hundreds of Australians have been caught up in an international tax evasion and money laundering investigation that has already triggered raids, arrests and the seizure of expensive property in Europe. The 346 Australians involved hold unnamed, numbered accounts with a Swiss bank. Minister for Revenue and Financial Services Kelly O’Dwyer said the Australians had links to […]

Xi Jinping takes centre stage

In the coming weeks, two major events will again focus the international spotlight on China as it projects its power on the world stage. Next week, President Xi Jinping (習近平) is expected to hold an informal summit with US President Donald Trump in Florida, the first time the two world leaders will meet face-to-face, according […]

Luxury rental costs rocket

Toronto’s hot property market is not only causing bidding wars among buyers,  renters are also feeling the heat as the lack of supply spills over into rental market, Mansion Global reports. The prices of luxury rentals in the largest Canadian city increased 8% in 2016 year-over-year, beating other key global cities in terms of pace […]

Sun shines on Monaco Wealth Forum

The Monaco Wealth Forum took on a life of its own on March 17 in Monte-Carlo. In its third edition, the Forum brought together a range of top speakers from a broad spectrum of expertise, and in keeping with previous events the Forum looked to the challenges and promises of the future rather than, as […]

Norway’s fund counts divestment cost

Norway’s Government Pension Fund Global’s equity portfolio missed out on 1.1 percentage points of additional gain due to the exclusion of stocks on ethical grounds over the past 11 years, according to Norges Bank Investment Management, which manages the sovereign wealth fund’s assets. A report by Norges Bank said its benchmark index for equities is […]

Chinese worry about wealth gap

China may have the second-highest number of billionaires after the US but the world’s second- largest economy should worry about the growing divide between the rich and the poor, Chinese experts have warned. The Communist Party government in China should closely monitor the country’s wealth gap and focus on poverty relief, experts said, as China […]

US adds more jobs than expected

The number of non-farm jobs added in February in the US  was 235,000, smashing expectations of a 190,000 increase. The figure for January was also revised up to 238,000 from 227,000. The US jobless rate fell to 4.7 percent from 4.8 percent, as expected. Analysts have said that the better than expected jobs figures will […]

Security remains paramount

Press reports this week suggest that hundreds of ships are switching off their electronic tracking devices in order to escape detection in European waters. The UK’s Times reports that in January and February 40 ships entered European waters after leaving Libya’s coast, raising fears that illegal migrants and weapons are being smuggled into Europe. The […]