The OPEC+ group of oil producers has extended its production cuts totaling 3.66 mln bpd until 2025, maintaining a controlled supply while taking advantage of the current price of the benchmark Brent crude at over $85/barrel. OPEC forecasts that cumulative oil-related investment requirements from now until 2045 will amount to about $14 trln, or around … Read more
Facing a deadline just days away, New Jersey lawmakers Wednesday night introduced and quickly began approving a record new $56.6 billion state budget that’s backed by a new tax hike on large companies, adds some funding for property-tax relief, and includes big spending on public schools and pensions.But Democratic leaders once again faced objections from … Read more
An exterior view of the Supreme Court on June 20, 2024 in Washington, DC. Andrew Harnik | Getty ImagesIn a closely watched case, the Supreme Court on Thursday denied a challenge to a federal tax on certain foreign investments — but left questions about whether a wealth tax is constitutional.The case, Moore v. United States, focused … Read more
Ireland is beholden to major tech companies and tax officials here may feel that they don’t want to look a gift horse in the mouth Influence: Apple and Microsoft pay billions in tax here every year Adrian WecklerToday at 03:30How beholden is Ireland to big tech and pharma multinationals? Very. Have we diversified? No. A … Read more
Two different elections will be held simultaneously in Cyprus on June 9, 2024, with voters having to choose between 61 candidates for the European Parliament and 3,232 candidates for various local government positions.
– In 1940, Belgium’s King Leopold surrendered to the invading Germans in World War Two, and the evacuation of defeated Allied armies from Dunkirk began, saving a total of 224,585 British and 112,546 French and Belgian troops.
Xander Schauffele won the PGA Championship by one shot over Bryson DeChambeau at Valhalla Golf Club in Louisville, Kentucky.
– The opposition proceedings in the case brought against auditor-general Odysseas Michaelides by attorney-general George Savvides were filed by Odysseas’ team of lawyers.
– The opposition is based on two points: the application of the AG to the constitutional council is groundless and the AG does not have the authority to seek the sacking of an independent state official.
– Odysseas’ camp is applying pressure on the president to publicly side with him.
– The head of the anti-corruption authority demanded criminal charges against the drug squad chief, possibly linked to the Odysseas-Savvides clash.
– Hezbollah leader Hassan Nasrallah urged Syrians to head for Cyprus and Europe to pressure Brussels to give Lebanon more funds for Syrian refugees.
– Parents were upset over the difficulty of questions in modern Greek exams for secondary school students.
– State hospital nursing unions are threatening industrial action if more nurses are not hired.
– The president announced the decision to appoint two criminal investigators before the cabinet approved it.
Israeli forces are massing on the outskirts of Rafah in Gaza, causing fear among Palestinians of another “Nakba” like the one in 1948. Many people in Rafah have been displaced multiple times as Israel continues to bombard Gaza. Mohammad Emad and his family have moved four times since October. The uncertainty and closed borders make finding refuge difficult. Israel disputes the claim that Palestinians were forced out in 1948. The ongoing conflict has resulted in casualties and destruction, with the United Nations warning of a humanitarian catastrophe if Israel continues incursions into Rafah.
Laszlo Kemencei lives sustainably on his small farm in eastern Hungary, believing the land is borrowed from his daughter. He keeps animals, grows vegetables, and trades with other families to minimize reliance on external resources.