Current Political and World News from Financial News https://www.financial-news.co.uk/world-and-politics/ Reliable, up-to-date source for financial news distribution and PR. Find the latest news on insurance, banking, property and mortgages and more. Tue, 28 Oct 2025 16:38:00 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9 https://www.financial-news.co.uk/wp-content/uploads/2024/10/cropped-fav-32x32.png Current Political and World News from Financial News https://www.financial-news.co.uk/world-and-politics/ 32 32 Why Slovakia’s SAP Talent is Fueling its Service Economy https://www.financial-news.co.uk/why-slovakias-sap-talent-is-fueling-its-service-economy/ Tue, 28 Oct 2025 16:38:00 +0000 https://www.financial-news.co.uk/?p=168919 Why is a small Central European country emerging as a hub for enterprise technology? Over the past decade, Slovakia has quietly reinvented its economy, and at the heart of this shift is one technology: SAP. As Slovakia’s service economy has grown, SAP expertise has become essential for daily business. This article explores what makes Slovakia [...]

The post Why Slovakia’s SAP Talent is Fueling its Service Economy appeared first on Financial News.

]]> 168919 The Impact of Sanctions on Russia’s Legal Enablers: Why Shadow Fleet Architects Remain Unpunished https://www.financial-news.co.uk/the-impact-of-sanctions-on-russias-legal-enablers-why-shadow-fleet-architects-remain-unpunished/ Mon, 11 Aug 2025 12:48:34 +0000 https://www.financial-news.co.uk/?p=165510 The John Ormerod case exposes a vast infrastructure of legal and financial professionals who facilitate sophisticated sanctions evasion whilst remaining largely immune from prosecution. This network of lawyers, accountants, and corporate service providers represents the true architects of circumvention, yet enforcement mechanisms consistently fail to address the professional infrastructure that makes such operations possible. Professional [...]

The post The Impact of Sanctions on Russia’s Legal Enablers: Why Shadow Fleet Architects Remain Unpunished appeared first on Financial News.

]]> 165510 FLA Backs Lords Committee Push to Reform Ombudsman Service https://www.financial-news.co.uk/fla-backs-lords-committee/ Wed, 18 Jun 2025 13:36:15 +0000 https://www.financial-news.co.uk/?p=163639 The House of Lords Financial Services Regulation Committee has released a report urging reform of the Financial Ombudsman Service (FOS). It calls for both the Financial Conduct Authority (FCA) and FOS to clearly outline how they will address persistent issues in the redress framework and ensure alignment in their interpretations of regulatory standards. The Lords [...]

The post FLA Backs Lords Committee Push to Reform Ombudsman Service appeared first on Financial News.

]]> 163639 Nigerian Oil’s Transformation Blueprint: How Simbi Wabote’s Decade-Long Strategy Reshaped an Industry https://www.financial-news.co.uk/nigerian-oils-transformation-blueprint-how-simbi-wabotes-decade-long-strategy-reshaped-an-industry/ Thu, 01 May 2025 17:21:21 +0000 https://www.financial-news.co.uk/?p=162025 When Simbi Wabote took leadership of the Nigerian Content Development and Monitoring Board (NCDMB) in 2016, local participation in Nigeria’s oil and gas industry hovered around 26%. By the time he departed in December 2023, that figure had reached 54% — more than doubling domestic value retention in just seven years. This marathon approach to [...]

The post Nigerian Oil’s Transformation Blueprint: How Simbi Wabote’s Decade-Long Strategy Reshaped an Industry appeared first on Financial News.

]]> 162025 Is Hong Kong still autonomous? The economic and political shifts defining its future https://www.financial-news.co.uk/is-hong-kong-still-autonomous-the-economic-and-political-shifts-defining-its-future/ Fri, 14 Mar 2025 15:00:43 +0000 https://www.financial-news.co.uk/?p=160750 Over the past four years, Hong Kong has entered with a budget deficit exceeding US$20 billion. The city’s finance chief, Paul Chan, attributed this to “multiple internal and external challenges.” This fiscal year, Hong Kong faces a budget deficit of HK$87 billion (US$11 billion). In an attempt to tackle the shortfall, Hong Kong’s government is [...]

The post Is Hong Kong still autonomous? The economic and political shifts defining its future appeared first on Financial News.

]]> 160750 Lumir Abdixhiku: The Leader Poised to Accelerate Kosovo’s Reforms with Western Allies https://www.financial-news.co.uk/lumir-abdixhiku-the-leader-poised-to-accelerate-kosovos-reforms-with-western-allies/ Fri, 07 Feb 2025 10:29:03 +0000 https://www.financial-news.co.uk/?p=159843 As Kosovo approaches its legislative elections on February 9, 2025, the nation’s reform trajectory and its alignment with Western allies have become pivotal topics of discussion. Lumir Abdixhiku, leader of the Democratic League of Kosovo (LDK), presents a vision aimed at accelerating the country’s reform agenda through strengthened partnerships with Western nations, including the United [...]

The post Lumir Abdixhiku: The Leader Poised to Accelerate Kosovo’s Reforms with Western Allies appeared first on Financial News.

]]> 159843 Uzbekistan’s Liberal Democratic Party Secures Strong Majority in Parliament: A Green Light for Economic Reform https://www.financial-news.co.uk/uzbekistans-liberal-democratic-party-secures-strong-majority-in-parliament-a-green-light-for-economic-reform/ Sat, 09 Nov 2024 10:53:31 +0000 https://www.financial-news.co.uk/?p=152431 Uzbekistan’s October 29 legislative elections marked a decisive win for the Liberal Democratic Party of Uzbekistan (UzLiDeP), which emerged with a robust majority in the Legislative Chamber, securing 64 of the 150 available seats. With a voter turnout exceeding 75%, this election reaffirmed strong public engagement and broad support for President Shavkat Mirziyoyev’s reform-driven agenda. [...]

The post Uzbekistan’s Liberal Democratic Party Secures Strong Majority in Parliament: A Green Light for Economic Reform appeared first on Financial News.

]]> 152431 Ukraine joins IFAD as 179th Member State, strengthening efforts to support small-scale farmers and food security  https://www.financial-news.co.uk/ukraine-joins-ifad-as-179th-member-state-strengthening-efforts-to-support-small-scale-farmers-and-food-security/ Thu, 31 Oct 2024 08:38:22 +0000 https://www.financial-news.co.uk/?p=146278 The International Fund for Agricultural Development (IFAD) welcomes Ukraine as the 179th member state, marking the start of a vital partnership aimed at fostering rural resilience in Ukraine and bolstering food security amidst global, regional and national challenges, including climate change and increasing geopolitical tensions and conflicts. IFAD President Alvaro Lario welcomed Ukraine’s membership, emphasizing the importance of [...]

The post Ukraine joins IFAD as 179th Member State, strengthening efforts to support small-scale farmers and food security  appeared first on Financial News.

]]> 146278 Autumn Budget: CFOs Brace for Potential Tax Hikes and Fear Business Exodus https://www.financial-news.co.uk/autumn-budget-cfos-brace-for-potential-tax-hikes-and-fear-business-exodus/ Mon, 28 Oct 2024 17:20:27 +0000 https://www.financial-news.co.uk/?p=144212 As the UK anticipates the upcoming autumn budget, CFOs across industries are voicing concerns over possible tax hikes that could strain businesses and potentially drive some owners to relocate overseas. With Prime Minister Sir Keir Starmer cautioning that this budget will be “painful,” finance executives fear impacts on investments and growth, particularly if Corporation Tax [...]

The post Autumn Budget: CFOs Brace for Potential Tax Hikes and Fear Business Exodus appeared first on Financial News.

]]> 144212 Hampshire Chamber Urges Government to Prioritise Investment, Skills, and Innovation in Autumn Budget https://www.financial-news.co.uk/hampshire-chamber-urges-government-to-prioritise-investment-skills-and-innovation-in-autumn-budget/ Sat, 26 Oct 2024 06:50:02 +0000 https://www.financial-news.co.uk/?p=137542 Hampshire Chamber of Commerce is calling on the government to set a clear agenda that supports business growth through focused investment, skill-building, and cutting-edge innovation in this week´s budget. Hampshire Chamber Chief Executive, Ross McNally, is urging the Chancellor to leverage this year’s relative economic stability—marked by lower inflation and interest rates—to revitalise the business [...]

The post Hampshire Chamber Urges Government to Prioritise Investment, Skills, and Innovation in Autumn Budget appeared first on Financial News.

]]> 137542