One of your first major considerations while moving to the US for work will be health insurance. Navigating the mostly privatized U.S. healthcare system without insurance might result in extremely costly medical expenses. Traditional Individual Health Insurance and Travel Medical Insurance are two popular choices for newcomers, however they have rather different functions. Making an informed choice for your wellbeing requires an understanding of the basic distinctions between these two. Travel Health Insurance: The Quick Fix Travel medical insurance is temporary...

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Key Takeaways • Citi Research expects global growth to slow to below 2% in the second half of the year before rebounding to nearly 3% in the first half of 2026. Upside and downside risks to this forecast are roughly balanced. • President Trump continues to aggressively implement tariffs. We judge that the effective tariff rate is likely to remain above 15%, the highest level in decades. • The cost of tariffs is being borne by three groups: foreign exporters, importing U.S....

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The long-awaited joint statement on the U.S.-EU trade deal was finally published. “The United States and the European Union intend this Framework Agreement to be a first step in a process that can be further expanded over time to cover additional areas and continue to improve market access and increase their trade and investment relationship,” the U.S. and EU said in the joint statement. Here are some key highlights: 1. The EU intends to eliminate tariffs on all U.S. industrial goods and to provide...

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By Daniel N. Anziska, Megan Conway Rahman, Charlene C. Goldfield, Troutman Pepper Locke On August 6, the Committee on Foreign Investment in the U.S. (CFIUS) released the unclassified version of its Annual Report to Congress for Calendar Year (CY) 2024 (Report), depicting trends in the number of filings through CY 2024, distribution of foreign acquirer home countries, and updates on compliance and enforcement activity. Key Findings of the Report  CFIUS is required to publish an annual report under Section 721(m) of the Defense Production...

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