World

India's small businesses are against Walmart's acquisition of Flipkart

India's small businesses are against Walmart's acquisition of Flipkart

The move gets Walmart a foothold in one of the fastest growing e-commerce markets in the world today, as the world's largest retailer struggles to compete with online rival Amazon for market share in the burgeoning e-commerce space. Not to be outdone, the government amended the Income Tax Act in 2012 to be able to retrospectively tax any transfer of shares between two non-resident entities that results in indirect transfer of assets in India.


Germany, France vow to stick to Iran deal if U.S. pulls out

Germany, France vow to stick to Iran deal if U.S. pulls out

The announcement would be made from the White House at at 2:00am Tuesday (local time - 4:00am Wednesday AEST), Mr Trump tweeted . Earlier on Monday, Mr Trump criticised John Kerry after reports that the former secretary of state has been promoting the Iran nuclear deal.


Mueller rejects Trump request to answer questions in writing

Mueller rejects Trump request to answer questions in writing

Giuliani told NBC News he thinks investigators are setting the president up for perjury. Giuliani, a former federal prosecutor, said despite Trump's openness to sit down with Mueller in the Russian Federation investigation, he would strongly advise Trump against it.


U.S. sanctions 3 Venezuelans, 20 companies for links to Colombian cocaine trafficking

U.S. sanctions 3 Venezuelans, 20 companies for links to Colombian cocaine trafficking

In 2015, after his Venezuelan United Socialist Party (PSUV) lost parliamentary elections, Maduro moved to strip the National Assembly of power through an internationally questioned censured constitutional assembly. Among those named was Pedro Luis Martin Olivares, the former Chief of Financial Intelligence for Venezuela's National Directorate of Intelligence and Prevention Services, which is now known as the Bolivarian National Intelligence Service, or SEBIN.


Will The Mueller Probe

Will The Mueller Probe "Go Dark" During Midterm Elections?

President Trump has called the probe a "witch hunt" and insists that no evidence of collusion between the Trump campaign and Russian Federation has been found. "Republicans better get tough and smart before it is too late!" House Judiciary and intelligence committee members have been complaining for months about what they call the "bias" in the Federal Bureau of Investigation and Justice Department and the abuses of power they say have been uncovered.


Trump slams John Kerry for 'shadow diplomacy' on Iran deal

Trump slams John Kerry for 'shadow diplomacy' on Iran deal

Appearing on one of the President's favorite TV programs, "Fox & Friends", Johnson asked what the U.S. plan would be if Trump decides to opt out. President Donald Trump on Monday condemned what he called the "shadow diplomacy" of former Secretary of State John Kerry, borrowing a phrase from a Boston Globe report last week on Kerry's continued advocacy on behalf of the Iran nuclear deal.