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
The IRS plans to shut down a tax loophole used by large, complex partnerships, allowing the U.S. Department of Treasury to raise an estimated $50 billion or more in revenue over 10 years. The move is the latest in a series of faltering efforts the IRS has taken to hold the ultrawealthy more accountable, and … Read more
Donald Trump was found guilty of falsifying business records and plans to appeal the verdict after his sentencing on July 11. The charge carries a maximum sentence of four years in prison, but Trump’s public criticism during the trial could lead to a tougher penalty. Despite the conviction, Trump is still running for president in the 2024 election and faces three other criminal prosecutions. The guilty verdict prompted him to intensify deliberations on selecting a woman as his vice presidential running mate. National opinion polls show a tight race between Trump and Joe Biden, with some Republican voters expressing continued support for Trump while others are considering voting for Democrats. The verdict led to an increase in campaign donations for Trump, and some major Republican donors plan to continue supporting his campaign. The jury found Trump guilty of falsifying business documents based on explicit testimony from Stormy Daniels and Michael Cohen. If elected, Trump could potentially shut down federal cases against him related to overturning the 2020 election loss and mishandling classified documents.
Donald Trump became the first U.S. president to be convicted of a crime on Thursday when a New York jury found him guilty of falsifying documents to cover up a payment to silence a porn star ahead of the 2016 election.
The upcoming elections will halt various developments, including those related to labour issues. Despite important pending matters such as collective agreements renewal and measures against undeclared labour, decisions will be delayed until after the elections. However, a preview of upcoming developments will be presented at the ILO Assembly in Geneva, attended by trade union heads, employer organizations, and the Minister of Labour.
Fact: Former pro-Kurdish party leader Selahattin Demirtas was sentenced to more than 40 years in jail for instigating protests in 2014 triggered by an Islamic State attack on the Syrian Kurdish town of Kobani.
The United States has anchored a temporary floating pier to a beach in Gaza to boost aid deliveries, facing challenges in distributing assistance due to a dire shortage of fuel for aid trucks and security concerns. Trucks carrying humanitarian aid are expected to begin moving ashore soon, but there are still unresolved challenges. The pier project, costing 0 million, aims to combat the humanitarian crisis in Gaza by opening a sea route for aid delivery. Israel and Hamas have been engaged in a seven-month-long war, with the U.N. losing staff members in the conflict. Aid access in Gaza has dwindled, and a severe fuel shortage may impact aid operations. The U.S.-delivered aid will follow a complex path, involving inspections by Israel, third-party collection and distribution by the U.N. officials, and security concerns in the region. Discussions between the U.S. and the U.N. on aid delivery from the pier are ongoing.
The United States is working on establishing a floating pier off the coast of the Gaza Strip to improve aid deliveries, facing challenges such as fuel shortages and security concerns. The project has been slow and expensive, with the U.N. emphasizing that land routes remain crucial for aid operations. Aid deliveries via the maritime corridor have begun, with plans for U.S.-delivered aid to be collected by third parties and distributed by the U.N. Israel has been accused of impeding aid deliveries, but denies any constraints on operations.
Fact: Oakland is facing a 7 million deficit, leading to potential budget cuts and layoffs for public employees.
Betsafe has exited the Kenyan market due to increased taxation, rendering its employees jobless.