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
At the press briefing announcing the latest exchequer returns on Wednesday, the Department of Finance’s chief economist, John McCarthy, said his department estimated that about 50 per cent of the State’s €24 billion annual corporate tax take could be classified as “windfall” and potentially “non-recurring”.That means we’re accruing €12 billion in business tax receipts that … Read more
Joe Biden must raise income tax and cut pensions spending to slow the dangerous rise in the US national debt, the Organisation for Economic Cooperation and Development (OECD) has said.Corporate taxes also need to go up, economists suggest, while the US president needs to find a way to control spending on healthcare.Heavy borrowing and spending … Read more
Do you know that personal income tax collections in India are higher than corporate tax collections? Yes, you heard it right! Individuals like you (reader) and me together pay more taxes than all the corporations put together. How can a lower-middle-income country such as India with a per capita income of around $2,500 rely on … Read more
PwC has warned that any further increase in taxes would cause a decline in reinvestment by firms operating in Nigeria and exacerbate corporate exits from the country. This warning is contained in its June 2024 report titled: “Nigeria Economic Outlook: Navigating Economic Reforms,” which projected that inflation would decline to 29.5 per cent by the … Read more
reuters_tickers This content was published on June 6, 2024 – 17:58 ST PETERSBURG (Reuters) – The prospect of raising Russia’s corporate taxes was criticised by officials at last year’s St Petersburg economic forum as a counterproductive move that would suppress investment. This year, those same officials have changed their tune.The government approved tax hikes last … Read more
The Cyprus Research and Innovation Foundation (RIF) supports startups and scaleups that have introduced innovative products and services, secured funding from business angels and venture capital firms, and expanded their reach internationally.
The president has been criticized for not making tangible changes or addressing important issues in the country. Despite his stylish public appearances and activities, such as attending sports events with his child, the lack of visible progress in solving pressing problems like traffic congestion, education system inefficiencies, healthcare issues, and more, raises concerns about his leadership. The focus should be on addressing these issues rather than on his personal style and public appearances.
David Beckham has been appointed as an ambassador for the King’s Foundation after meeting with King Charles III at his Highgrove home in Gloucestershire. During their visit, Beckham and the King exchanged “beekeeping tips”. Beckham expressed his excitement about promoting the foundation’s education programs and helping young people gain more access to nature. The foundation, previously known as the Prince’s Foundation, focuses on education, community revitalization, and sustainability initiatives. King Charles III, who founded the foundation, recently returned to public duties after receiving cancer treatment earlier in the year.
More than billion worth of cryptocurrency has moved into a new type of platform called EigenLayer, which offers rewards to investors in exchange for locking up their tokens.