Listen to the article 6 min feedback. Corporate tax managers have had to negotiate their way through heightened turbulence ever since the Trump-led tax cuts and the Jobs Act became law in 2017. Today’s hot-button issue is the ongoing Organisation for Economic Co-operation and Development (OECD)-led global effort to impose a minimum 15% tax on … Read more
Donald Trump’s choice of Senator JD Vance as his running mate for the 2024 presidential election has been branded as a “masterstroke” by the CEO of a leading independent financial advisory and fintech for his pro-cryptocurrency approach. Trump selected the Ohio senator, ending months of speculation about the Republican nominee’s choice to help him challenge … Read more
EURUSD gained 0.50% and jumped to a more than two-week high near 1.0770 in Monday’s European trading. The major currency pair strengthened as initial results of the first round of France’s parliamentary elections on Sunday showed that Marine Le Pen’s far-right National Rally is in a comfortable position, but with a smaller margin than projected … Read more
A tax tweak may have helped keep R.I.’s biggest bank from decamping for Massachusetts A Citizens Bank branch, Thursday, Nov. 17, 2022, in Boston. (AP Photo/Charles Krupa)Charles Krupa/Associated Press tweak state tax policy to help the big bank?We’ll never know for sure. But it’s a hot topic in Rhode Island’s political and business circles.House Speaker … Read more
Wednesday will be clear and hot with a yellow weather warning in place for temperatures at 41C in the interior 34C on the south and east coasts, 33C on the north coast, and 31C on the west coast and in the higher mountains. Winds will initially be variable and light, 3 Beaufort, gradually turning south- … Read more
Election staff in Cyprus endured sweltering conditions on Sunday as a heatwave sent temperatures soaring at polling stations without air conditioning during the twin parliamentary and municipal polls. Philenews received multiple complaints from polling centre workers reporting unbearable situations, with some feeling dizzy after long hours at hot school classrooms used as voting venues. “We … Read more
THE BIGGEST news story over last few days has been that it was very hot. As if anyone in Kyproulla had not felt the scorching heat and had to be informed about it by continuous reports and updates from the media.OK, it was the highest ever temperature recorded in early June, but what more is … Read more
The US jobs report highlights a super hot US economy, underscoring that there is a real risk that interest rates won’t be cut until 2025, the CEO of a leading financial advisory and fintech has warned. The U.S. economy added 272,000 non-farm jobs in May, much more than expected, while Wall Street had forecast an … Read more
Cyprus recorded the hottest June in 23 years, with inland temperatures reaching an infernal 43.6 degrees Celsius on Wednesday, and expected to rise further to a record 44C on Thursday. The Met Office issued an Orange Alert saying that maximum temperatures on Thursday are expected to reach around 43-44 degrees Celsius over the central plain … Read more
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