Over the last year or so there has been widespread debate about IFRS (International Financial Reporting Standards) replacing US GAAP (Generally Accepted Accounting Principles), but how close are we and what does it really mean? Are we really about to see a single worldwide accounting standard applied in every major market?
IFRS - One world, one standard – almost a reality?
Relatively low import tariffs help keep goods costs down
Free Trade Agreements an increasingly critical policy area
In 2016, Costa Rica ran for an unbroken period of more than two months on renewable energy alone – the second year in a row the country had achieved this feat. In May 2016, Portugal powered itself for four-and-a-half consecutive days without fossil fuels. In both countries, the lights stayed defiantly on.