Debt Insurance Cost Raise Dramatically In Case For The Arising Risk Of Indebtness
The cost to insure Asia investment-grade debt against default is on track for its biggest fortnightly increase in two months, as investors speculate the Federal Reserve might tighten policy, potentially denting economic momentum. For further information, you may visit:
- Published in Global News
Immigrant Investor Program Hits Roadblock in Restart Process
Status of thousands of green cards cast into doubt after the new authorizetion given by the Congress for the EB-5 immigrant investor visa program. As a result of the negotiations to tighten program safeguards, lawmakers included a provision reauthorizing the EB-5 regional center program, through which investors can apply for green cards by putting up funding. For further information, you may visit:
https://news.bloomberglaw.com/immigration/immigrant-investor-program-hits-roadblock-in-restart-process
- Published in Global News
BIDEN MAY APPEAL COURT ORDER LIFTING MASK MANDATES ON MAJOR U.S AIRLINES
Mask mandates dropped by most of the major United States airlines by court ruling. The Biden administration said it will likely appeal a federal judge’s ruling that struck down coronavirus-related mask mandates on planes and other forms of public transportation. Department of Justice said ‘’ If CDC concludes that a mandatory order remains necessary for the public’s health after that assessment, the Department of Justice will appeal the district court’s decision,’’. For further information, you may visit:
- Published in Global News
US DEPARTMENT OF JUSTICE HAS SETTLED WITH UPS REGARDING INA BREACH
The Department of Justice announced today that it reached a settlement with United Parcel Service Inc. (UPS). The settlement resolves the department’s claims that UPS violated the Immigration and Nationality Act (INA) when it discriminated against a non-U.S. citizen by requesting that he present additional documents to prove his permission to work after the worker had already provided sufficient proof. For further information, you may visit
- Published in Global News
BRAZILIAN POWER UTILITY ELETROBRAS IS NEAR PRIVATIZATION
Brazilian state-run power company Eletrobras’ privatization is almost a done deal. President Jair Bolsonaro’s administration is seeking to privatize Eletrobras through a capital increase in which the state’s stake would end up diluted, effectively giving up control of the Rio de Janeiro-based firm while retaining some veto rights. Lawmakers. Shareholders of Eletrobras (ELET6.SA) approved on February the terms for the privatization of the company, according to a Valor Economico report citing sources. For further information, you may visit:
- Published in Global News