Economic trends
EU states urge European Investment Bank to rethink defence policy
Germany, France, and a dozen other EU countries want the EIB to change its policy on defence investment. Fourteen nations have sent a letter to European Investment Bank (EIB) officials to call for more efficient funding of defence projects, according to Bloomberg. The letter, dated 17th March, was sent to EIB President Nadia Calvino, European […]
Chinese energy giant finds hundred-million-ton oilfield
China’s third largest national oil and gas company, China National Offshore Oil Company (CNOOC), has recently revealed that it has made a massive deep-water oil discovery in the Kaiping South oilfield. This will add more than a hundred million tons of oil equivalent to the oilfield’s total proved in-place volume. The Kaiping South oilfield is […]
Rewarding tax havens?
The cornerstone of Irish economic policy has been low corporation tax, so what will a minimum levy mean for the country? Stretched out along Dublin’s river Liffey is an expanse of glass office buildings. Sometimes referred to as the ‘Silicon Docklands’, the nickname points to the neighbourhood’s status as a corporate magnet. Major firms – […]