GST increase on the cards?
Governments will rely on taxation to repair the fiscal damage wrought by the COVID-19 pandemic, and that will likely mean a GST rise, even if there are better, but politically unpalatable, alternatives.
Not drowning, waving – for now
COVID-19 has highlighted the cruise sector's lack of scrutiny, and questions remain whether it can regain the trust of the travelling public.
Crisis ended? Don't speak too soon
Greece Prime Minister Alex Tsipras has declared that the country is back on its feet, but the numbers indicate its problems are far from over.
China's market lesson will be one of wealth transfer
The recent collapse in the Chinese share market was preceded by a boom – a boom that was, in turn, fuelled by relaxed restrictions on margin lending, and a growth in the shadow banking sector. Both served as inducements for Chinese retail...