Bahrain, despite its reliance on oil and gas, is rapidly developing as a finance centre, with financial services surpassing the energy sector in 2020. The country’s flexible regulations, modern infrastructure, low taxes, and skilled workforce are attracting investment and talent, potentially posing a threat to established European finance hubs like London. As taxes rise in Europe, the appeal of Bahrain’s zero tax rates and thriving economy may continue to grow, positioning it as a competitive player in the global finance industry.
Full Article
US imposes restrictions on Thai officials for deporting Uyghurs to China
The Unlock the White House Watch newsletter discusses US visa restrictions on Thai officials involved in forced repatriation of Uyghur Muslims to China, in support of persecuted groups. Secretary of State Marco Rubio condemns China's actions against Uyghurs and urges other governments not to facilitate repatriations. The move signals President Trump's stance on human rights violations in China and potential implications for negotiations with President Xi Jinping. Full Article
Read more