investment

Markets remain volatile, despite relief rally

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Markets remain volatile, despite relief rally

The text discusses a small market relief rally following Iran’s missile and drone strike on Israel, with US stock futures rising and gold and oil prices slightly lower. The CEO of deVere Group warns investors not to be complacent, as the situation in the Middle East remains volatile and any disruption in oil production could have significant implications for energy prices worldwide. The ripple effects on financial markets could impact investor sentiment, corporate profits, consumer spending, inflation, and central bank monetary policy. Investors are advised to seek refuge in sectors less sensitive to geopolitical risks and to conduct thorough research, diversify portfolios, and consult with a financial advisor before making investment decisions.

Iraq to vote on bill including death penalty for same-sex acts

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Iraq to vote on bill including death penalty for same-sex acts

Iraqi lawmakers are considering a bill that would introduce harsh punishments for same-sex relations, including the death penalty or life in prison. This has raised concerns among rights groups and Western diplomats who fear it would harm Iraq’s political and economic relationships. The bill also prohibits the promotion of homosexuality and imposes severe penalties for violations. Diplomats have lobbied against the bill, warning that its passage could have catastrophic consequences for international relations with Iraq.

Cyprus Stock Exchange can become gateway to capital, CSE president says

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Cyprus Stock Exchange can become gateway to capital, CSE president says

Fact: President of the Cyprus Stock Exchange (CSE) Marinos Christodoulides highlighted the introduction of European Medium-Term Notes (EMTNs) from the Republic of Cyprus into the CSE, adding over €11.5 billion in capitalization to the CSE bond market.

India’s Modi promises to create jobs, boost infrastructure if BJP wins third term

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India’s Modi promises to create jobs, boost infrastructure if BJP wins third term

The Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) promised to create jobs, boost infrastructure, and expand welfare programs if it wins a third term in the upcoming elections. The election will be held in seven stages until June 1, with results expected on June 4. Unemployment, inflation, and rural distress are major concerns despite strong economic growth, and Modi’s focus is on addressing these challenges. The manifesto, titled ‘Modi’s Guarantee,’ aims to create jobs in various sectors and expand welfare programs such as free health insurance and subsidized cooking gas connections. Modi emphasized the importance of improving the quality of life and creating opportunities for India’s youth.

Cypriots squeezed out of the property market

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Cypriots squeezed out of the property market

Cypriots are facing difficulties in the property market due to climbing rents, high construction costs, and interest rates. The government is being urged to intervene to address the issue. In Limassol, renting a one-bedroom flat costs a minimum of €850 a month, making it unaffordable for many locals. The government has introduced new construction incentives to stimulate affordable housing development.

Taxes & Government Revenue

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Taxes & Government Revenue

Countries need to increase tax collection to finance investments in human capital, infrastructure, and services. Many developing countries are struggling to collect enough revenue, with some collecting less than 15% of GDP in taxes. To resume economic growth and reduce poverty, tax systems need to be made more equitable and efficient.

The Corporate Rate Cut and Revenues – AAF

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The Corporate Rate Cut and Revenues - AAF

The fact described in the text is that the 21 percent corporation income tax rate, which was implemented as part of the 2017 Tax Cuts and Jobs Act, does not sunset at the end of 2025. Opponents of the TCJA criticize the rate cut from 35 to 21 percent, while some supporters argue that the rate cut “paid for itself.” The graph presented in the text shows a sharp falloff in revenue in 2018 after the rate cut, but revenue in 2022 and 2023 is above the amount projected by the Congressional Budget Office. The text concludes that the corporate rate cut is not a non-starter or a freebie, but rather a trade-off that is central to real tax reform.

Nearly half of UK companies still plan price increases, survey shows

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Nearly half of UK companies still plan price increases, survey shows

Almost half of British firms plan to raise their prices over the coming year as they struggle with high wage bills, according to a survey by the British Chambers of Commerce.

Italian fashion designer Roberto Cavalli dies aged 83

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Italian fashion designer Roberto Cavalli dies aged 83

Italian fashion designer Roberto Cavalli, known for his animal-print designs, has passed away at the age of 83 after being ill for some time. He is survived by his six children and partner Sandra Bergman Nilsson. Cavalli’s legacy remains an inspiration, as stated by the chief executive of Roberto Cavalli. The designer, known for his bright colors and patchwork effects, also had a nightclub in Milan and expanded into real estate. His funeral will be held in Florence on Monday.

Understanding ETF liquidity: Key factors to consider

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Understanding ETF liquidity: Key factors to consider

Fact: ETF liquidity refers to the ease with which an exchange-traded fund (ETF) can be bought or sold on the market without significantly affecting its price.