Search Results for: Foreign Exchange Regulation Act

Opposition supporters celebrate ahead of official presidential results in Gabon

Supporters of Gabon opposition candidate Jean Ping celebrated in the Gabon capital, Liberville, after initial results from the countries presidential election showed him in the lead. Ping claimed victory over current President Ali Bongo, who has also said he expected to emerge victorious. UN Secretary General Ban Ki-moon urged both sides to accept the results and EU observers had reportedly said the election was carried out in a way that lacked transparency. Aug 30, 2016

Syrian ministry releases promo video to try and boost tourism to war-torn country

The Syrian Ministry of Tourism has released a video titled Syria Always Beautiful, showing the Golden Sands Beach in the coastal city of Tartous. The beach is under the Syrian Government control, but the country has been engaged in civil war since August 2011, as the Free Syrian Army, ISIS and the Assads government all fight for control. The Syrian Ministry claims people entering the country has risen by 30% as of July 2016 compared to the year before, but it did not specify if those numbers were tourism related. Aug 30, 2016

Apple faces €13bn tax penalty for receiving illegal state aid in Ireland

The European Commission alleges that that the US tech giant Apple received illegal state aid from Ireland. It now faces the largest tax penalty ever to be paid in Europe, €13bn (£11.1bn). The commission have claimed that the Irish government provided a deal to Apple in return for job creation in Ireland, which was unfair as it allowed Apple to pay less tax than rival firms. Aug 30, 2016
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