government

Institutions view Bitcoin as , ‘non-debt money’, investor sets bullish goals for Ethereum & Celestia rival

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Institutions view Bitcoin as , ‘non-debt money’, investor sets bullish goals for Ethereum & Celestia rival

– Borroe Finance ($ROE) is a new DeFi project that has gained market traction, particularly among Web3 Technologies users.
– Borroe Finance allows individuals to generate finances by selling their future profits for instant cash.
– Celestia is a blockchain network that focuses on creating and utilizing blockchains in a flexible and efficient manner.
– Despite Celestia’s advantages, it cannot compete with Borroe Finance, which is an AI-based fundraising marketplace built on Polygon.
– Institutional investors view Bitcoin as a way to hedge against economic downturns and as ‘non-debt money.’
– Armando Pantoja, a cryptocurrency investor, has bullish price projections for Ethereum and other altcoins in the coming months.

SNP veteran Swinney is frontrunner to be Scotland, ’s next leader

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SNP veteran Swinney is frontrunner to be Scotland, ’s next leader

John Swinney is the clear frontrunner to become Scotland’s next leader after a potential opponent ruled herself out of the contest and backed him.

Cyprus government records , €523 million first-quarter surplus

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Cyprus government records , €523 million first-quarter surplus

The Cyprus government’s surplus for the period January-March 2024 reached €523 million, equivalent to 1.7% of the GDP.

2025 and the Tax Cuts and Jobs Act: Building your tax story

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2025 and the Tax Cuts and Jobs Act: Building your tax story

– Extending all TCJA individual provisions at every income level would cost .5 trillion over the next 10 years.
– President Joe Biden’s proposal to maintain TCJA individual tax provisions for incomes below 0,000 would cost between trillion to .25 trillion.
– Business extenders cost approximately trillion.
– The corporate tax rate may be reconsidered by Congress due to deficit concerns and political pressures.
– Multinational companies may face a higher overall tax rate under the new global minimum tax regime created by Pillar Two.
– Only 27% of tax leaders are actively engaging with lawmakers on US or global tax policy.
– Companies rank the current 21% federal corporate tax, FDII incentive, and other TCJA reforms as top priorities.
– U.S. House Ways and Means Committee Chairman Jason Smith has said everything is on the table regarding individual provisions.
– The current combined US corporate tax rate is 25.8%, higher than the average combined corporate rate of other OECD countries.

St. George organizer Andrew Murrell talks education, taxes

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St. George organizer Andrew Murrell talks education, taxes

– The Baton Rouge chapter of the NAACP issued a statement warning about the incorporation of St. George affecting the education system.
– St. George’s creation as a city is separate from creating a school system.
– House Bill 6 would make it easier to create a new school district without input from Baton Rouge voters.
– The city-parish should pay back taxes St. George residents have paid to East Baton Rouge Parish government since 2019.
– The amount of money to be refunded is unknown and subject to negotiation.
– If negotiations stall, organizers may consider filing a lawsuit on behalf of the city of St. George.

Globe editorial: The junk-food economics of corporate subsidies

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Globe editorial: The junk-food economics of corporate subsidies

Corporate subsidies have become a significant problem for the Canadian economy, with Ottawa projected to spend .4 billion on subsidies by fiscal 2028. Economist John Lester’s analysis shows that the majority of these subsidies are ineffective and actually harm the economy. Only 20% of total subsidies have a positive impact on real income. The subsidies also contribute to a fiscal burden, requiring Ottawa to raise taxes or issue debt to cover the costs. The Liberal government’s continued indulgence in corporate subsidies, particularly in the electric vehicle industry, is criticized for not creating the promised jobs of the future and potentially shifting workers from Canadian-owned firms. Scrapping these subsidies could provide an economic boost and free up billions of dollars for other priorities, such as reducing the deficit, cutting taxes, or funding national defense or child care.

Our View: Symbolism vs. substance in refugee crisis

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Our View: Symbolism vs. substance in refugee crisis

President Nikos Christodoulides described Thursday’s visit to Lebanon with the President of the European Commission Ursula von der Leyen as a “historic day.” Von der Leyen announced a financial package of €1 billion over the next three years to strengthen Lebanon politically and economically, with a focus on controlling migration. The Lebanese Prime Minister Najib Mikati urged the EU to come up with a “radical” solution for the Syrian refugee crisis in Lebanon. Despite the optimistic declarations, it is doubtful that the understanding reached would have the desired results.

Not a word for those who don’t cross for food or shopping?

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Not a word for those who don’t cross for food or shopping?

The European Commission marked the 20th anniversary of the Regulation for trade through the Green Line, which began in 2003. The author of the column finds the Commission’s reference to Greek and Turkish Cypriots crossing the Green Line for shopping and cultural visits insulting. The author emphasizes that the experience of crossing to the occupied territories is a profound and emotional one, far beyond just shopping or tourism. The European Commission’s lack of understanding and acknowledgment of the emotional significance of this event is criticized.

800 kg meat seized ahead of Easter

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800 kg meat seized ahead of Easter

Authorities seized 800 kg of meat products from the market ahead of Easter, not for health reasons but mostly for labeling issues. Meat prices are up compared to last year, with lamb and kid meat being 10% more expensive. Chicken prices have dropped by 3 to 4%. Meat consumption during Easter typically amounts to 800,000 kg, with 40,000 animals slaughtered.

WTI drops to 7-week low on surprise crude inventories

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WTI drops to 7-week low on surprise crude inventories

The price of WTI crude oil is trading around .20, dropping to its lowest level in seven weeks due to a surprise build in US crude inventories and easing geopolitical tensions in the Middle East.