Turkey plans to raise taxes to shore up revenue and ‘create fairer system’ | The National

Turkey plans to raise taxes to shore up revenue and 'create fairer system' | The National

Turkey is planning major tax changes as part of an economic reform proposal that aims to shore up government revenue, reduce inflation and “create a fairer system”.The parliament, controlled by a coalition led by President Recep Tayyip Erdogan’s Justice and Development Party (AKP), will vote next week on a package of major new fiscal laws, … Read more

Labour must position UK as global crypto hub

Labour must position UK as global crypto hub

Having secured a landslide victory as expected in last week’s election, Labour’s Keir Starmer has a unique opportunity to reshape the UK’s financial landscape by positioning it as a global cryptocurrency hub, according to the CEO of a leading financial advisory and fintech. “To date, Starmer’s stance on crypto remains somewhat nebulous,” said Nigel Green … Read more

Gold rush to endure through 2024 though $3,000 mark may prove elusive

Gold rush to endure through 2024 though $3,000 mark may prove elusive

Gold’s lightning rally to successive record highs shows every sign of continuing in the second half of 2024 as the fundamental case for bullion remains firmly in place, though $3,000 per ounce looks just out of reach, traders and industry experts said.Investors have flocked in droves towards the precious metal, driven by expectations for monetary … Read more

Sunak, ’s GDP disappoints, US CPI and FOMC in focus

Sunak, ’s GDP disappoints, US CPI and FOMC in focus

By Naeem Aslam     European and US futures are trading with extreme caution on Wednesday as traders are reluctant to make any big moves ahead of two important events. Observing the day’s price action reveals a tense atmosphere, because the US CPI report and the Fed’s monetary policy decision, followed by their press conference, are … Read more

Greece, ’s HHG takes stake in American Medical

Greece, ’s HHG takes stake in American Medical

The Hellenic Healthcare Group (HHG), owner and operator of nine leading private hospitals in Greece and Cyprus, has added the American Medical Center and the American Heart Institute in Nicosia to its portfolio of healthcare facilities and services. The value of the deal and the size of the equity stake were not disclosed. The AMC, … Read more

Transcript: The billionaires’ tax

Transcript: The billionaires’ tax

Unhedged podcast episode: ‘The billionaires’ tax’[MUSIC PLAYING]Robert ArmstrongThe G20 group, which represents the world’s largest economies, is discussing a billionaires’ tax for the first time. Today on the show, why are the very, very rich so very, very rich? Is it a problem and what should we do about it? This is Unhedged, the finance … Read more

Baby girl found in London related to two other abandoned siblings

Baby girl found in London related to two other abandoned siblings

Fact: A baby girl named Elsa was found abandoned in a shopping bag in east London, and subsequent DNA tests revealed that she is the full sibling of two other babies who had also been abandoned in the same area.

UK D-Day veteran says on 80th anniversary: , ‘We were making history’

UK D-Day veteran says on 80th anniversary: , ‘We were making history’

Fred Ayton, a Royal Navy veteran, was an 18-year-old able seaman torpedoman on HMS Sweetbriar during the D-Day invasion on June 6, 1944. He was told he was “making history” by taking part in the biggest ever seabourne invasion.

UK, ’s Labour set for record general election win, poll says

UK, ’s Labour set for record general election win, poll says

The fact described in the text is that the YouGov poll predicts that the Conservatives are on course for their lowest total in more than a century, with only 140 seats expected.

On This Day: Ayatollah Khomeini died in 1989

On This Day: Ayatollah Khomeini died in 1989

German cartographer Martin Behaim unveiled the Erdapfel, the first known globe to show the Americas.