By Naeem Aslam As traders and investors pay close attention to the two most important economic events that have unfolded, stock futures in the US and Europe are sitting on solid gains, aiming to finish the week in positive territory. It’s not overstated to suggest that traders have shifted their perspective on the economic situation, … Read more
West Texas Intermediate (WTI) ended a four-day losing streak, trading around $72.50 per barrel on Wednesday. The benchmark crude oil is getting support from rising concerns about supply constraints due to ongoing geopolitical tensions in the Middle East. Hamas named Yahya Sinwar as its new leader in Gaza following the assassination of former chief Ismail … Read more
Prices for US crude oil West Texas Intermediate (WTI) struggle to capitalise on the previous day’s strong move up and oscillating in a narrow range in early European trading on Thursday. The commodity currently trades around the $78.00 mark, with bulls awaiting a sustained strength beyond the 200-day Simple Moving Average (SMA) before positioning for … Read more
As the 2024 presidential election draws ever closer, Donald Trump is revealing key tax plans that could shape his government.In his campaign, Trump has championed himself as the leader of low taxes, saying he would decrease corporation taxes, increase tariffs on international imports and exempt some U.S. workers from current tax requirements.Now that the Republican … Read more
Trump Tax Plan 2024: Details & Analysis Skip to content Home • Blog • Trump’s Tax and Tariff Ideas: Details & Analysis Trump has not released a fully detailed taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government … Read more
2024 Presidential Debate Tax Policy Issues | Tax Foundation Skip to content Home • Blog • Tax Policy Questions 2024 Presidential Candidates Should Address election. The future of the US tax code is one topic that should take center stage, as the next occupant of the White House will have to address the expiring individual … Read more
Trump Income Tax and Tariff Proposals: Details & Analysis Skip to content Home • Blog • Five Things to Know about Trump’s Tariff and Income Tax Proposals Trump took his affinity for tariffs much further, floating the possibility of entirely replacing the federal income tax with new tariffs. He also raised other ideas like eliminating … Read more
The complex terrorism case involving 41-year-old Orkhan Asadov, accused of recruiting and organizing criminal activities against Israelis in Nicosia, reached a critical point. The trial within a trial process concluded with final arguments from both sides, and the judicial panel reserved its decision for July 5. The defense attorneys argued that the Police accessed the defendants’ mobile phones unlawfully, while the prosecuting authority defended the legality of the procedures. The case began after Asadov’s arrest in September 2021, and he denies charges related to terrorism, conspiracy to commit murder, and money laundering.
Trade union “Isotita” has called on the government to withdraw proposed legislation that disadvantages civil servants, including a bill banning promotions in the 18 months leading up to retirement. Isotita warns of retaliation if the bill is not recalled and a substantive dialogue initiated.
European Union foreign policy chief Josep Borrell urged some European countries to stop intimidating International Criminal Court judges over a case against Israeli leaders. ICC chief prosecutor Karim Khan filed for arrest warrants against Israel’s Prime Minister Benjamin Netanyahu and Defence Minister Yoav Gallant, as well as three Hamas leaders. Israel denies committing war crimes in Gaza and has called the ICC politically motivated. Several countries, including the United States, have denounced the ICC prosecutor’s decision. Spain, Norway, and Ireland announced they will recognize an independent Palestinian state. Borrell stated that supporting Palestinian state-building should not be considered antisemitic.