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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

On This Day: Amelia Earhart becomes first woman to fly in transatlantic flight in 1928

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On This Day: Amelia Earhart becomes first woman to fly in transatlantic flight in 1928

Following are some of the major events to have occurred on June 18: 1583 – The first Leiden University, the oldest in the Netherlands, is founded.1671 – King Charles II and the French ambassador sign a treaty by which England acquires the islands of Tobago and Grenada.1778 – American Revolutionary War: The Battle of Monmouth: … Read more

Whitehouse: Our Tax Code Is Corrupted and Rotten | U.S. Senate Committee On The Budget

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Whitehouse: Our Tax Code Is Corrupted and Rotten | U.S. Senate Committee On The Budget

“It’s not enough just to undo the damage of the Trump tax law—our tax code wasn’t fair before that,” said the Chairman of the Budget Committee Washington, D.C.— U.S. Senator Sheldon Whitehouse (D-RI), Chairman of the U.S. Senate Budget Committee, delivered the following opening statement at today’s hearing, titled “Making Wall Street Pay Its Fair Share: … Read more

Trump, ’s guilty verdict unprecedented

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Trump, ’s guilty verdict unprecedented

A felony conviction just months ahead of a presidential race in the United States is unheard of. Yet Donald J. Trump has become the first former president and the first GOP candidate to be convicted by a New York jury on all 34 counts in his criminal case of hush-money. Trump himself called the verdict … Read more

Pressing Political Hot Spots for Boards

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Pressing Political Hot Spots for Boards

Tax Policy The differences in proposed tax policy between the presumptive presidential candidates, at this point, in the two main parties — President Joe Biden and former President Donald Trump — are vast, according to Garrett Watson, senior policy analyst with Tax Foundation, a nonpartisan tax policy think tank. “The differences between what (the candidates) … Read more

Sabalenka, Rybakina crash out on day of upsets at French Open

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Sabalenka, Rybakina crash out on day of upsets at French Open

The script was ripped up at Roland Garros on Wednesday as ailing second seed Aryna Sabalenka and off-colour fourth seed Elena Rybakina were sent tumbling out in the quarter-finals.Hampered by illness throughout her match, Sabalenka crashed to a 6-7(5) 6-4 6-4 defeat to Russian teenager Mirra Andreeva as the Australian Open champion’s 11-match Grand Slam winning streak ground to … Read more

The cost of government inadequacy and corruption

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The cost of government inadequacy and corruption

The illegal construction of a church in the Natura 2000 Network in Cape Greco, despite the reaction of relevant government departments, shows that the violation of environmental legislation is deeply rooted in corruption.

Lawmakers brawl in Turkish parliament over pro-Kurdish mayor, ’s detention

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Lawmakers brawl in Turkish parliament over pro-Kurdish mayor, ’s detention

Lawmakers from Turkey’s ruling AK Party and the pro-Kurdish DEM Party brawled in parliament over the detention and replacement of a DEM Party mayor in southeast Turkey.

Additional aircraft on the way to fight fires

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Additional aircraft on the way to fight fires

Cyprus has rented six additional aircraft to help combat forest fires, with four planes coming from Australia and two from Latin America.

Agreement to allow more Egyptians to work in Cyprus

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Agreement to allow more Egyptians to work in Cyprus

Fact: The governments of Cyprus and Egypt signed a memorandum of understanding to facilitate Egyptian nationals wanting to work in Cyprus.