Sursa foto: mae.ro
Foreign Affairs Minister Bogdan Aurescu on Wednesday welcomed Ambassador of the Swiss Confederation to Romania Arthur Mattli, the discussion between the two taking place including in the context of celebrating, on May 9, 110 years since the establishment of diplomatic relations between the two countries.
On this occasion, Aurescu discussed with Ambassador Mattli the existing opportunities for strengthening and diversifying the political dialogue and hailed the bilateral trade level, which in 2020 neared 1.6 billion dollars, increasing about 30 percent from the previous year, as well as the enhanced interest of Swiss companies in investing in Romania, a Foreign Affairs Ministry (MAE) release sent to AGERPRES reads.
Global FDI reached 15-year low in 2020, China overtakes US: OECD data
As the coronavirus wreaked havoc on the global economy, global FDI flows dropped 38% in 2020 to $846 billion, the lowest since 2005, according to Organisation for Economic Cooperation and Development
Reuters | May 3, 2021 | Updated 12:39 IST
Global foreign direct investment flows ebbed to a 15-year low last year and China, one of the few major economies to eke out growth, overtook the United States as the top destination, OECD data showed on Friday.
As the coronavirus wreaked havoc on the global economy, global FDI flows dropped 38% in 2020 to $846 billion, the lowest level since 2005, according to the Paris-based Organisation for Economic Cooperation and Development.
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Why B-Schools in India should include knowledge of AI and Robotics in their curriculum
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Why B-Schools in India should include knowledge of AI and Robotics in their curriculum
Artificial intelligence (AI) and Robotics have already started to challenge the conventional methods of businesses. For instance, AI bots are increasingly being used to handle routine customer queries and some intelligent machines are even able to monitor faults and security breaches.
As a result, many B-schools in India have started to include this in their curriculum. While a management graduate may not use these technologies the way an engineer would, they need to know their impact on the business world.
US to hit six nations that tax internet-based companies with tariffs Tariffs would total the amount of tax each country is expected to get from the firms
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The US is pressing ahead with plans to hit six nations that tax internet-based companies with retaliatory tariffs that could total almost $1 billion annually.
Goods entering the US – ranging from Austrian grand pianos and British merry-go-rounds to Turkish Kilim rugs and Italian anchovies – could face tariffs of as much as 25 per cent annually, documents published by the US Trade Representative show.
The duties are in response to countries that are imposing taxes on technology firms that operate internationally such as Amazon. com and Facebook.
US Treasury Secretary Janet Yellen said on Monday that she is working with G20 countries to agree on a global corporate minimum tax rate to end a â30-year race to the bottom on corporate tax ratesâ.
In prepared remarks to the Chicago Council on Global Affairs, Ms Yellen said she also would use her participation in International Monetary Fund and World Bank annual meetings this week to advance discussions on climate change, improve vaccine access and encourage countries to support a strong global recovery.
Ms Yellen said it was important to make sure governments âhave stable tax systems that raise sufficient revenues in essential public goods and respond to crises, and that all citizens fairly share the burden of financing governmentâ.