Monthly Archives: March 2018

International Monetary Fund Director Notes Risk Of Debt From New US Tax Policies

The International Monetary Fund is one of the United Nations’ many sub-organizations, each handling a certain scope of global politics. The IMF, as the name implies, works to ensure global financial stability, international trade and reduce poverty. Whilst departments like the IRS exist to keep track of things like a business’s employer ID number, the IMF keep track of how a country’s funding affects the world.

Managing Director and CEO Christine Lagarde took notice of the new US tax policies, which she describes as ‘complicated’, and says that there will be some serious effects from the changes, both good and bad. According to her, the growth bump the new tax policy will bring might overheat the US economy, and might cause Uncle Sam’s debts to go up.

In an interview with Reuters on the 1st of March, Lagarde says that these tax cuts are capable of upping the US’s growth rates over the next three years, up to 2020, which should, in turn, bump up the global trade scene for a few years, due, in part to the country’s open economy model.

The IMF once advised to the US to create a new business tax code, one that cuts down on the complexity and allows for more efficient operations, in order to help not only the businesses and their employer ID number, but also everyone involved in the process.

The new tax code follows this advice, though Lagarde says it also has the potential to cause lots of inflation. Lagarde elaborates, saying that the policy will stimulate growth, but that the US economy is already growing, the economy might ‘overheat’, which might increase wages, but also worsen inflation, which will then be followed by the metaphorical belt tightening, as the country’s monetary policy tightens to compensate for rising interest rates the cuts would cause.

Similar increased interest rates led to certain countries, particularly in Asia, to approach the IMF for bailouts. Another issue the IMF notes is the US’s budget deficits, and the debts that would kick in following the growth. The organization Center for a Responsible Federal Budget even notes that the US’s budget deficit could shoot past $1T by 2019, thanks to the tax cuts and increased spending.

Austal Awards New Logistics Contract To CH Robinson

Australian shipbuilding company Austal has recently just awarded a new five-year contract to the logistics provider CH Robinson, one of the world’s most notable and prolific logistics firms, for handling logistic transport in Perth and across Australia, in particular, freight forwarding, as well as customs clearance services.

This new contract is CH Robinson’s first defence industry contract in Australian, following its expansion into the land down under’s logistic market, following the 2016 acquisition of New York-based APC Logistics, an international firm that handles logistics for high volume mail and e-commerce.

Part of the contract’s terms says that CH Robinson will be supporting Austal’s logistical and supply chain needs via their resources, not least of which include bringing in local experts in logistic transport in Perth and Adelaide, as well as bringing in additional logistics experts from its different branches across the world, from countries like Germany, the Netherlands, and the Philippines, among others.

The company released a statement via its Vice President, Andrew Coldrey, who says that CH Robinson, following its recent expansion of its Australian operations, is happy to announce their new contract with Austal, which he says is a testament to the company’s virtues and effective operations, with good employee treatment, industry expertise, innovation and global reach with its international network. Austal, Coldrey says, is an iconic Aussie company with the locals, as well as people across the world, and that CH Robinson is very much excited to work with Austal, in order to aid in continuing the latter’s growth, success and development.

Austal, meanwhile, has already confirmed where CH Robinson’s services and resources will be utilized. They say that they will use the logistic firm to aid with its commercial operations and defence.

According to the company statement released via the Head of Supply Chain, Penelope Patterson, Austal shares CH Robinson’s sentiment; they too are excited about this new contract, which will have CH Robinson providing logistics services to their Australian and international operations, barring the United States.

She confirms that this new contract will be supporting both the defence projects, as well as the commercial ones.

Important Considerations To Choose Professional Domestic Staff

The housekeeping and domestic staff play an important role in the maintenance of the home, office and business premises. Choosing professional and well-trained domestic staff is a daunting task.  The best and easy way to get professional housekeepers is to recruit a domestic staffing agency.

There are some general considerations to choose the best and professional housekeepers in UAE, who match your requirements and provide excellent service.

  • Your cultural preferences play a major role in finding the perfect staff. Are you fine with employing help from a different cultural setup or want a maid from your own ethnicity. A good staffing agency will provide you with many options when it comes to choosing the cultural preferences of the client.
  • The education and background of the domestic staff play an important role during the selection. These domestic helpers will be spending a lot of time at your home and with your kids, without any direct supervision. Choosing well-trained and professional Housekeepers in UAE with a clean background hence becomes very important. The staffing agency conducts stringent background checks and verification of employees before recruiting them. So the clients are spared from the time-consuming verification process and are provided with trust worthy and well-groomed domestic technicians.
  • The next step is to determine whether you want live-in or live-out housekeepers. This decision is very important as it influences the choice of candidates and changes the entire selection process. Both the choices have their own set of pros and cons. A live-in help is always handy and comes to rescue when you have unexpected plans while a live-out domestic maid is only available during the fixed working hours.
  • Attitude and Life style play very important role in selecting housekeeping staff. They should have a positive and caring attitude to take care of the needs of the family in a friendly and efficient manner. The training provided by staffing agencies plays a crucial role in developing a positive and professional attitude in the domestic technicians.

These are the important preferences, you need to disclose to your staffing agency to enable them to provide you with professional Housekeepers in UAE, to suit your requirements.