government

AKEL criticises government’s new refugee policies

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AKEL criticises government’s new refugee policies

AKEL criticizes the decisions made by the Christodoulides government on managing refugee flows, stating that they will not address the challenges posed by their increase. The party argues that the decisions will worsen the problems, leading to an increase in pending asylum applications and appeals, incentives for abusing the system, issues in reception centers, and a surge in illegal work. AKEL suggests that the government should demand the distribution of refugee flows among all EU member states based on their population and capabilities.

Ukraine says it ‘ran out of missiles’ to stop Russian strike ruining power station

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Ukraine says it ‘ran out of missiles’ to stop Russian strike ruining power station

A lack of air defense missiles prevented Ukraine from stopping a Russian missile attack that destroyed the largest power plant near Kyiv. President Zelenskiy mentioned that they ran out of missiles to defend the plant, which was hit by four of the 11 missiles that were launched. The power plant had a capacity of 1,800 megawatts and its destruction has led to a power shortage in the region. Russia has been targeting Ukraine’s energy system with missile and drone strikes, causing significant damage to power generating capacity. Despite Ukraine’s urgent calls for additional air defense systems, Western allies have been hesitant to provide more support.

Geopolitics, Fed and Chinese GDP

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Geopolitics, Fed and Chinese GDP

Geopolitical tensions are causing caution among investors, with concerns about potential retaliation from Israel against Iran. The Nasdaq index fell below its 50-day SMA, indicating a possible sell-off. US economic data, including industrial production and Fed Chairman Jerome Powell’s speech, are being closely watched. Oil prices are influenced by tensions in the Middle East, with the possibility of Brent crude reaching 0. Gold prices are anchored by inflation expectations and geopolitical tensions, with potential for further increases. China’s strong GDP growth is seen as positive for gold demand. Powell’s speech and potential oil price increases could impact inflation. Gold prices are expected to continue rising, potentially reaching ,500.

Alberta business groups share concern over potential tax hikes as Ottawa balances new spending and fiscal guardrails

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Alberta business groups share concern over potential tax hikes as Ottawa balances new spending and fiscal guardrails

The text discusses economists’ expectations of tax increases in the federal budget announcement, with speculation that new taxes may target corporations and the wealthy. Lindsay Tedds, an economist at the University of Calgary, mentioned the need for revenue to bridge spending gaps. Finance Minister Chrystia Freeland confirmed that Canada’s deficit won’t increase in the upcoming budget. There is concern in the business community about potential windfall taxes on the oil and gas sector and grocery chains. The federal government has not revealed its strategy, but there is speculation about possible tax increases.

LILLEY: Trudeau budget expected to have job-killing tax hikes in it

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LILLEY: Trudeau budget expected to have job-killing tax hikes in it

The fact described in the text is that the NDP plans embraced by Trudeau will involve tax increases on high-income earners and corporations, rather than the middle class.

Federal budget to include tax hikes for wealthiest Canadians, some corporations

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Federal budget to include tax hikes for wealthiest Canadians, some corporations

The federal government will make tax changes in Tuesday’s budget aimed at raising more revenue from wealthy Canadians and certain corporations.

North university , ‘in millions of debt’

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North university , ‘in millions of debt’

Fact: Eastern Mediterranean University (EMU) in Famagusta currently has a tax debt of 3.2 billion TL (€92.8m).

Disparity in gaming commission board allowances raises concerns

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Disparity in gaming commission board allowances raises concerns

Members of the board on the Gaming & Casino Supervision Commission receive special treatment, earning around €800 a month, while others on similar public bodies make €70.

Opinion: Why do you pay higher taxes than Citibank? – New Jersey Globe

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Opinion: Why do you pay higher taxes than Citibank? - New Jersey Globe

– Millions of Americans file their tax returns by April 15 as a civic responsibility
– Giant corporations like Nike and FedEx find ways to pay less in taxes despite earning record profits
– New Jersey is proposing to reverse a corporate tax cut for companies making over million in annual profits
– Many large corporations pay lower tax rates than the average household, with some even avoiding taxes entirely
– Corporations use tax avoidance strategies to hoard wealth for shareholders and executives
– New Jerseyans oppose the expiration of a Corporate Business Tax surcharge on profitable corporations to help pay for NJ Transit
– States need to challenge corporate tax avoidance and invest in core infrastructure
– Corporations prioritize maximizing profits over the public good through tax avoidance
– New Jersey legislators are urged to reinstate the full surtax on profitable mega corporations and close tax loopholes to ensure corporations pay their fair share in taxes.