money

From Akamas to vultures, a simple public warning

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From Akamas to vultures, a simple public warning

The need for civil society organizations to act as environmental watchdogs remains urgent, as recent revelations have shown violations of environmental conditions in the Akamas area. The scandal involved roadworks that ignored environmental conditions, and the Forestry Department was supposed to oversee the project. The Water Development Department had warned about violations a year before environmental NGOs raised the alarm. Additionally, efforts are being made to protect Griffon vultures from extinction, with poison baits and power line collisions being major threats. Despite efforts to persuade the Electricity Authority to make infrastructure safer, losses of vultures and eagles continue due to collisions and electrocutions.

Jury in,  Trump trial to hear closing arguments before deliberations

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Jury in,  Trump trial to hear closing arguments before deliberations

Fact: New York prosecutors and Donald Trump’s lawyers made closing arguments at his hush money trial, where he faces 34 felony counts of falsifying business records.

The best SEPA Cryptocurrency exchanges

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The best SEPA Cryptocurrency exchanges

Fact: SEPA transfers offer a standardized, quick, and cost-effective method for transferring euros between bank accounts in its member countries in Europe.

CySEC issues decisions on firm license withdrawals, public takeover exemption

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CySEC issues decisions on firm license withdrawals, public takeover exemption

CySEC recently announced decisions to withdraw licenses from Ganita Global Gateways UCITS V.C.I.C Platform PLC, Oval Money (Europe) Ltd, and Forextime Ltd.

Trump’s new ‘deal’ could save Big Oil $110 billion in taxes

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Trump's new ‘deal’ could save Big Oil $110 billion in taxes

Donald Trump allegedly offered Big Oil executives 0 billion in tax breaks if they donated billion to his campaign. Congressional Democrats are investigating this potential quid pro quo deal. Joe Biden plans to eliminate these tax breaks for the oil and gas industry if elected. The fossil fuel industry is lobbying to maintain these tax breaks, which are set to expire next year. Some attendees at Trump’s fundraising dinner at Mar-a-Lago included executives of smaller oil companies focused on fracking and gas exporting. The event was also attended by individuals with controversial backgrounds in the oil and gas industry.

Charges us with tolls

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Charges us with tolls

Road tolls have already been implemented along with various cameras to make money. The justification given is usually for safety or environmental reasons. The author questions what else authorities have planned for the public and sarcastically suggests that they should go ahead and charge tolls for everything.

California Gov. Newsom’s budget could cost businesses billions in higher taxes

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California Gov. Newsom's budget could cost businesses billions in higher taxes

California Gov. Gavin Newsom’s budget proposal to address the state’s billion deficit does not include higher taxes on workers or businesses. Newsom’s plan includes indirect tax increases on businesses that could cost up to billion over the next four years, including banning businesses with annual revenue over million from deducting net operating losses and limiting business tax credits. Newsom also aims to reverse a ruling that could result in .3 billion in refunds for companies, nullifying the decision and applying it retroactively and prospectively. The proposal is part of Newsom’s efforts to address the state’s budget shortfall, which also includes deep spending cuts affecting immigration, education, and child care.

Elon Musk, ’s xAI valued at $24 bln after fresh funding

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Elon Musk, ’s xAI valued at $24 bln after fresh funding

Elon Musk’s AI startup xAI raised billion in series B funding, reaching a post-money valuation of billion.

Reports of ‘horrifying’ mass casualties in Rafah, UNRWA says [PHOTOS]

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Reports of ‘horrifying’ mass casualties in Rafah, UNRWA says [PHOTOS]

UNRWA described reports of attacks on families seeking shelter in Rafah as “horrifying”. Israeli air strikes killed at least 35 Palestinians in a designated area for the displaced in Rafah. The Israeli military targeted Hamas officials in Rafah, causing civilian casualties. The International Committee of the Red Cross reported an influx of casualties in Rafah. The Israeli military continued operations in Rafah despite a U.N. court ruling. Hamas fired rockets in response to Israeli attacks. Nearly 36,000 Palestinians have been killed in Israel’s offensive in Gaza.

Americans must pay higher taxes if they want to keep a high standard of living

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Americans must pay higher taxes if they want to keep a high standard of living

The U.S. government faces fiscal challenges that will require higher taxes, regardless of the presidential election outcome. The federal deficit is projected to grow to 6% of GDP by 2033, and debt held by the public will increase to 114% of GDP. The 2017 Tax Cut and Jobs Act simplified and cut individual income taxes and lowered business taxes, with most individual tax cuts expiring in 2025. President Biden’s proposed budget includes repealing benefits for high-income families and raising taxes on the wealthy. If former President Trump is reelected, the TCJA is likely to be extended, costing at least .3 trillion through 2033. Trump has proposed tariffs on imports from China and lowering the federal corporate tax rate. These proposals could lead to a financial “train wreck” for the nation.