Trump Bans 7 Countries From Entering US, Faces Heat From Across the World.
IN A HURRY to deliver election promises, Donald Trump, within a week of taking oath as the President of USA, imposed 90 day travel ban on residents of seven countries – Iran, Iraq, Libya, Somalia, Syria, Sudan and Yemen. However, the restriction would not apply to those with lawful permanent residence in America, that is, the green card holders. Besides, the US administration deferred all refugee entry to the US for four months and banned the entry of Syrian refugees indefinitely. Trump’s decision has dashed the hopes of desperate refugees who were looking forward to settle in the US. The White House said the strict new measures have been taken to prevent terror attacks on US soil. The executive order led to the detention and deportation of hundreds of people arriving at US airports. The order saw large-scale demonstrations pan America and across the globe, especially in Muslim dominated countries. Lawyers and human rights groups have approached court to block Trump’s order, arguing that it both went against the spirit of the US constitution and the letter of American law. Two days later, on January 29, Trump defended the executive order, saying the United States would resume issuing visas to all countries once secure policies were put in place over the next 90 days. “To be clear, this is not a Muslim ban, as the media is falsely reporting,” Trump said. “This is not about religion – this is about terror and keeping our country safe.”
This story is from the February 2017 edition of CFO.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the February 2017 edition of CFO.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
If I Were Not A CFO...
If I were not a CFO, something else I’d rather be... We set out to find the dream alternate profession that our top CFOs would like to be in. The results were surprising. Find out for yourself and also what other dreams they harbour...
...In Armed Forces I Would Be!
...In Armed Forces I Would Be!
...An Investor In Body & Soul I Would Be!
...An Investor In Body & Soul I Would Be!
...A Musician I Would Be!
...A Musician I Would Be!
“There is no bubble in The e-commerce space”
The word bubble is cropping up in the industry only because many companies are yet to find a way to profitability, feels Prabhakar Sunder, CFO, Voonik.
New Business Models in These Changing Times
New business models poised to change the way the world transacts have Sugata Sircar, CFO and Country Finance Partner, Greater India Zone, Schneider Electric India excited. In this article, he discusses Circular Economy which can radically change business models in the near future.
India is on a much better footing now
Kunal Kundu, India Economist, Societe Generale, on what makes India a bright spot amid gloomy times and why it can’t afford to be complacent. Excerpts...
The CFO in a (B)orderless World
2016 was forecast to be a challenging and difficult year for the global economy.The events prove it. India cannot stay immune and the Finance leadership must deconstruct to maintain a steady course in these choppy waters.
Clear Delineation Between Traditional & Digital Business Might Be Hard
Akhil Bansal, Deputy CEO, KPMG India, on rapidly digitalising economies, challenges and opportunities thereof, and implications for the CFO. Excerpts...
Partnering HR
Bhavin Ashar, Regional Director-Finance with Perrigo API India Private Limited, discusses the dynamics of finance function, partnering with HR and the transaction of HR function.