U.S. Military Presence in the Middle East

Thousands of American soldiers are stationed in the Middle Eastern countries to support continuing wars in places like Afghanistan, Syria, etc. and support work in countries like Iraq. Long after the first Gulf War, Kuwait has become an important base for US forces.  Currently some 13,000 soldiers are stationed there. Other countries such as Qatar …

Continue reading ‘U.S. Military Presence in the Middle East’ »

An Update on Dividend Withholding Tax Rate for Colombia

The Colombia Dividend Withholding Tax Rate for US residents seems to have changed to 7.01% in 2020. This is different than the 10% rate listed in the Dow Jones tax table updated for this year. But according to Deloitte, Tax Foundation and other sites the rate is defined as 8 to 7.5%. Colombian oil giant …

Continue reading ‘An Update on Dividend Withholding Tax Rate for Colombia’ »

China Leads the US in Technological Patents

China is ahead of the US in technological patent applications in nine categories according to a study by Nikkei. China held the top spot based on 2017 data and accounted for 49% of all applications in the 10 categories shown in the chart below: Click to enlarge Source: Nikkei The Nikkei study concludes that Chinese …

Continue reading ‘China Leads the US in Technological Patents’ »

The List of Drugs Approved by the FDA in 2019

The US FDA approved 42 novel drugs in 2019. This was down from 59 approved in 2018. Swiss pharma giant (NVS) was the only company with four drugs approved. The complete list of drugs approved by the FDA in 2019 are shown in the table below: No. Drug Name  Active Ingredient Approval Date FDA-approved use …

Continue reading ‘The List of Drugs Approved by the FDA in 2019’ »