G20 Officials Call For Unified Action To Tax Leading Tech Companies

Posted on By MartinSmith

G20 officials on Saturday called for leading global economies to join hands and fight against “tax optimization” practiced by leading tech companies to lower the amount they have to pay in taxes. The Organisation for Economic Corporation and Development (OECD) has proposed a new taxation system fo leading tech companies like Facebook, Amazon, and Google,…

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Dallas Federal Reserve president to see cut in oil and gas capital spending

Posted on By MartinSmith

The Federal Reserve of Dallas which has Permian basin in their economic region has been expecting the sector of oil and gas to cut their spending on capital by 10-15% in the year 2020. Rob Kaplan who is the president of the district has said that this decline in the production growth of oil is…

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Dallas Fed President says that labor market might be at the full employment levels

Posted on By MartinSmith

Robert Kaplan, Dallas Fed President has said that there is a view that the labor market is projected to be at or already past the levels of full employment, as he hinted that the world might see a case which is weaker for the lowering of interest rate. On Tuesday, Kaplan has written that he…

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