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Singapore overhauls expat visas, nationality among criteria

  Bloomberg Singapore plans to introduce a points-based visa system for some of its highest-paid foreign workers, including scores for how the applicant’s nationality contributes to the diversity of their firm, in addition to education, skills and pay. The program unveiled Friday in parliament by Manpower Minister Tan See Leng is among the biggest visa changes ever for a nation ...

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Ukraine: Push for looser EU fiscal rules gains momentum

Bloomberg The war in Ukraine is starting to change the tone of negotiations to redesign Europe’s fiscal rules, injecting new impetus into calls for more flexibility on borrowing and budgets as the continent’s economy braces for the consequences of Russia’s invasion. Concerns that the fighting will hinder the pandemic recovery have made it more likely the European Union will agree ...

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US hiring booms as wage growth slows

  Bloomberg US hiring boomed in February while wage growth slowed, showing a strong labor market that likely keeps the Federal Reserve on track to raise interest rates this month while offering some respite from strong inflationary pressures. Nonfarm payrolls increased 678,000 last month— the most since July — after upward revisions in the prior two months, a Labor Department ...

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