UCF Global Perspectives

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Tag Archives: Mumtaz

Trove of Documents Implicate World Leaders

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The “Panama Papers” cover a 40 year period, revealing details of thousands of offshore companies, trusts and foundations as clients of Mossack Fonesca, a Panamanian law firm. (The Economist). Composed of eleven million documents, the leaks from the company implicate 12 current or former heads of state and at least 60 additional people (BBC News). […]

Controversial Trans Pacific Partnership Signed by 12 Member Nations in Auckland

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The trade deal, five years in the making, was signed in New Zealand; however, negotiations will delay it becoming a reality in the near future (Reuters). The nations involved account for approximately 40% of the world’s economy and they now have two years to ratify or reject the pact (BBC). The countries involved in the […]

After Relief of Western Sanctions, Iran Re-Enters Global Markets

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After relief of nuclear-related sanctions, Iran will now resume its crude oil exports and will have access to previously frozen assets (Reuters). Iranian crude oil reserves are the fourth largest in the world, with its natural gas reserves as first largest (Chicago Tribune). The International Energy Agency’s reduced estimates for global oil demand due to […]