Economy News

Chaos in Middle East after Gulf nations cut ties with Qatar

Chaos in Middle East after Gulf nations cut ties with Qatar

Supermarket shelves are empty in the Qatar capital Doha. People are storing up large quantities of food water after several Arab nations recently cut ties with Qatar, including Saudi Arabia, UAE, Egypt, Bahrain, Yemen. These nations accuse Qatar of supporting terrorism. Qatar relies on its Gulf neighbors for 80% of its food imports. Iran has called for dialogues to resolve the conflict and has sent food supplies to Qatar. The rift also led to the suspension of all flights between Qatar and its Gulf neighbors. Angry customers lined up outside of the Qatar Airways office to demand refunds. Meanwhile, Donald Trump has taken the credit for the split. Jun 7, 2017
strike, truckers strike, trucks, truck drivers, third party insurance, old vehicles, scrap old vehicles, inflation

GST: Smokescreen with a lot of fire?

The additional cost of GST could negatively impact consumer price inflation and the ability of companies to pass on tax benefits to their consumers. Jun 5, 2017
Five times Jeremy Corbyn lost his cool

Five times Jeremy Corbyn lost his cool

Leader of the U.K. Labour Party Jeremy Corbyn has had some feisty interviews in the past. So before the General Election on 8 June, here are five times his temper got the best of him.  Jun 2, 2017
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