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IMF Pitches ‘Strengthening Corporate Taxes’ And ‘Supplemental’ Taxes To Fight Against Impact Of AI On Jobs And Inequality

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IMF Pitches 'Strengthening Corporate Taxes' And 'Supplemental' Taxes To Fight Against Impact Of AI On Jobs And Inequality

Loading…Loading…The International Monetary Fund (IMF) has raised a red flag on the potential of artificial intelligence (AI) to exacerbate inequality, urging governments to take measures to protect their economies.What Happened: The IMF expressed “profound concerns” about the possibility of significant labor disruptions and increased inequality as societies transition to generative AI, according to a report … Read more

Challenges & changes: The evolving landscape of indirect tax compliance – Thomson Reuters Institute

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Challenges & changes: The evolving landscape of indirect tax compliance - Thomson Reuters Institute

A new report shows that indirect tax professionals are challenged by the increasingly global and digital business environment — and more tech means they need more people with tech skills In a world in which business operations are increasingly global and digital, the challenges surrounding indirect tax and compliance are becoming more complex. To learn … Read more

How the IRS went soft on billionaires and corporate tax cheats – ICIJ

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How the IRS went soft on billionaires and corporate tax cheats - ICIJ

Michael Welu worked at the IRS for decades as a specialist in helping agents identify and investigate possible tax crimes. In an agency known for offices working in their own silos, Welu had the rare ability to move between divisions, dissecting and learning each office’s particular customs and procedures. But that experience had its own … Read more

Rare twin elephant birth; mother attacked one calf

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Rare twin elephant birth; mother attacked one calf

An Asian elephant gave birth to twins in Thailand (image above, AFP), a rare event for this endangered species, after a perilous birth that injured a caregiver. Eighteen minutes after an 80-kilogramme male was born on Friday night, a 60-kilogram female elephant was born, and the mother, Pangjamjuri, suffered a nervous breakdown. A member of … Read more

Nvidia and Salesforce double down on AI startup Cohere in $450 million round, source says

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Nvidia and Salesforce double down on AI startup Cohere in $450 million round, source says

Canadian AI startup Cohere has raised $450 million in funding from returning investors such as Nvidia (NVDA.O) and Salesforce Ventures (CRM.N), as well as new investors including Cisco (CSCO.O) and Canadian pension fund PSP Investments, according to a source familiar the matter.This concludes the first tranche of Cohere’s monthslong fundraising efforts, while the company is … Read more

One year on, Russian officials change tune on tax policy

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reuters_tickers This content was published on June 6, 2024 – 17:58 ST PETERSBURG (Reuters) – The prospect of raising Russia’s corporate taxes was criticised by officials at last year’s St Petersburg economic forum as a counterproductive move that would suppress investment. This year, those same officials have changed their tune.The government approved tax hikes last … Read more

Our View: If private company was in charge, Nicosians would have a pool by now

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Our View: If private company was in charge, Nicosians would have a pool by now

The Nicosia municipal swimming pool will be closed for the fifth consecutive summer season in 2024 due to the public sector’s inefficiency and lack of competence. The pool needed a major overhaul after 30 years, but the project has been delayed significantly. The pool was handed over to the Cyprus Sports Organisation for training purposes, leaving the public without an affordable swimming option for several years.

The politicians who promise things they can’t deliver

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The politicians who promise things they can’t deliver

Jordan Bardella is a rising star in the French far-right political scene, with supporters praising his looks, charm, and popularity on social media. Despite criticism for lacking substance and convictions, Bardella is poised to lead the National Rally party to success in the upcoming elections. This rise in popularity reflects a trend seen in other countries, where voters are turning to charismatic social media figures as a potential change from traditional politicians, even though their promises may not always be fulfilled.

Our View: Anthropocentric schools , – teachers are at the heart of our ‘human-centred’ schools

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Our View: Anthropocentric schools , – teachers are at the heart of our ‘human-centred’ schools

The fact described in the text is that the education minister, Dr Athina Michaelidou, spoke about creating modern, anthropocentric schools during the opening of a primary school and kindergarten in Larnaca.

Google, ’s News Showcase launches in Cyprus

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Google, ’s News Showcase launches in Cyprus

Google has launched News Showcase in Cyprus, collaborating with publishers like Cyprus Mail, Dias Group, Digital Tree, MC Media, Phileleftheros Media Group, Politis, and SPP Media. The product allows publishers to create panels that engage readers and direct them to full articles on their websites. Google has signed News Showcase deals with over 2,700 publications globally and offers journalists training on fighting misinformation online.