President Donald Trump’s top economic team unveiled what they called the biggest tax cut in US history, proposing a sharp reduction in corporate taxes and a simplification of individual rates they said would unleash economic growth. Steven Mnuchin, the Treasury secretary, said the proposal would slash corporate taxes from 35 per cent to 15 per cent and include a “one-time” cut-rate tax to induce companies to repatriate […]
By Patricia Zengerle | WASHINGTON WASHINGTON U.S. lawmakers want to emerge from briefings by the Trump administration on North Korea on Wednesday with something many think has been absent from the White House so far: a clear strategy for dealing with a major national security threat. As a standoff escalated over the reclusive Asian nation’s development of nuclear weapons and long-range ballistic missiles, President Donald Trump invited […]
In the month of April, two different verdicts from two different cases were passed in two very different courts in Pakistan. Two different men were on trial accused of two different crimes. One was let off easy for now, while the other was declared as guilty as guilty could be. Safe to say both verdicts were the cause of consternation and confusion. One of course, was the […]
PARIS France’s centre-right party, seeking to rebound after the defeat of its presidential candidate, said on Wednesday it could share power with Emmanuel Macron if he is elected, as pollsters predict, on May 7. Macron, a 39-year-old centrist, is tipped to comfortably win a run-off vote against far-right leader Marine Le Pen, but the political movement he created a year ago faces a huge challenge in the […]
ESPN on Wednesday went through with a long-awaited round of layoffs that will trim about 100 commentators from the sports network’s payroll as cord-cutters and digital media upstarts continue to disrupt the broadcaster’s business model. Among those laid off are on-camera personalities that have become familiar faces on the network’s coverage of hockey, football and baseball and writers for ESPN’s digital platforms. ESPN President John Skipper announced […]
Tax Foundation: Not what it seems? The other big player, the Tax Foundation, is a Washington, D.C.-based think tank that researches state and federal tax policies, and meets with lawmakers, citizens, and journalists to provide expert advice on tax policy. The group’s mission is to “improve lives through smarter tax policy,” according to the foundation’s website. Smarter tax policy, the foundation argues, includes making the tax code […]
ROME The anti-establishment 5-Star Movement, already Italy’s most popular party, is stealing a march on its divided rivals by drawing up its policy programme a year ahead of elections. With the ruling centre-left Democratic Party embroiled in a bruising leadership battle and centre-right parties unable to agree on a leader, opinion polls give 5-Star a growing lead, which one pollster last week put as high as 8 […]
By Amanda Becker and Ginger Gibson | WASHINGTON WASHINGTON President Donald Trump will release a tax plan on Wednesday that proposes to sharply slash rates on businesses and overseas corporate profits returned to the United States, officials said. The Trump administration is touting the blueprint, which also calls for higher standard deductions for individuals, as a landmark tax cut just days before the Republican president marks his […]
French presidential frontrunner Emmanuel Macron was ambushed on the campaign trail on Wednesday by far-right rival Marine Le Pen, with the rivals for the Elysée Palace clashing over globalisation and compounding a shaky start for Mr Macron in the final two weeks of the election race. The rivals’ visits to a factory in Amiens in northern France came on what was the first day of vigorous campaigning […]
According to Mr. Soylu, the “secret imams” were part of a parallel leadership structure within the police force that was ultimately answerable to Mr. Gulen, whose extradition has long been sought by the Turkish authorities. The subject of Mr. Gulen is almost certain to be discussed at a coming meeting in Washington between President Trump and Mr. Erdogan, whose government was allied to the cleric’s movement before […]
PARIS Far-right leader Marine Le Pen sought to steal presidential rival Emmanuel Macron’s thunder on Wednesday with a surprise visit to striking workers in northern France, aiming to wrong-foot him while he was campaigning in the same town. Visiting the site of a strike at the tumble-drier Whirlpool factory, which is due to close next year, Le Pen pushed her anti-globalisation agenda and attacked Macron who she […]
No president likes being judged on his first hundred days in office, not least Donald Trump. It is, he tweeted last week, a “ridiculous standard” by which to be measured, even though he also claimed to have accomplished “a lot”. With his 100th day in the White House falling on Saturday, investors have more nuanced ideas. For much of 2017 financial markets have doubted the global “Trump […]
By Marton Dunai | BUDAPEST BUDAPEST Anti-government protesters have filled Budapest’s streets in recent weeks, but divisions within the opposition and weak support outside the capital mean they are unlikely to herald a serious threat to Prime Minister Viktor Orban in next year’s election. Triggered by a law targeting an international school founded by liberal U.S. financier George Soros, the rallies have galvanised broader public anger against […]
ANKARA Turkish authorities arrested more than 1,000 people on Wednesday they said had secretly infiltrated police forces across the country on behalf of a U.S.-based cleric blamed by the government for a failed coup attempt last July. The nationwide sweep was one of the largest operations in months against suspected supporters of the cleric, Fethullah Gulen, a former ally of President Tayyip Erdogan who is now accused […]
BERLIN German Economy Minister Brigitte Zypries will attend a summit next month in Beijing on China’s ambitious New Silk Road plan aimed at linking Asia, Africa and Europe, adding some weight from Europe to the summit championed by President Xi Jinping. The conference is widely seen as the biggest diplomatic event of the year for China as it pushes its initiative to invest billions of dollars in […]
26 April 2017 Mumbai, INDIA – Etihad Airways, the national airline of the United Arab Emirates, and strategic partner Jet Airways, India’s full-service premium international carrier, have signed a ground breaking agreement with the Government of Maharashtra to promote tourism to the western Indian state. The partnership will enable both airlines to capitalise on their strong links with Maharashtra and further propel domestic and international arrivals into […]
PARIS Jean-Luc Melenchon, the far left candidate who came fourth in the first round of France’s presidential election with nearly 20 percent of the vote, is polling core supporters on whether they will back centrist Emmanuel Macron in the second round. Melenchon’s ‘France unbowed’ political movement said in a statement that none of it members would vote for far-right leader Marine Le Pen on May 7. It […]
HONG KONG Hong Kong police on Wednesday arrested two disqualified pro-independence legislators for unlawful assembly over an effort to force their way into a Legislative Council meeting in November, their political party said. Yau Wai-ching, 25, and Baggio Leung, 30, were picked up at their homes early in the morning and taken to a police station for questioning, their party, Youngspiration, said in a statement. Their assistants […]
The boss of Etihad Airways, which owns 49 percent of troubled Italian airline Alitalia, said he deeply regretted a decision by Alitalia staff to reject a last-ditch restructuring deal, blocking a recapitalisation and sparking fears that the carrier may be grounded for good. The future of Alitalia was in doubt on Tuesday, with James Hogan, president and CEO of the Etihad Aviation Group and vice chairman of […]
By Manuel Mogato | MANILA MANILA Southeast Asian nations would adopt a softer than usual tone about South China Sea disputes at a leaders’ summit on Saturday in Manila, and exclude references to militarisation or island-building, according to a draft of the chairman’s statement. Although some Association of South East Asian Nations (ASEAN) leaders will express “serious concern” over the “escalation of activities” in the disputed sea, […]
BEIJING The Chinese government said on Wednesday that a Taiwan rights activist detained on suspicion of endangering national security was in good health, and had reassured his family in a letter. The detention has put a strain on ties between Taiwan and China, which have cooled since Taiwan President Tsai Ing-wen took power last year, because she refuses to concede that the self-ruled island is part of […]
Eight current and former Fox News employees, including presenter Kelly Wright, have joined a racial discrimination lawsuit against the cable channel alleging “plantation-style management” by top executives. Kelly Wright, a two-time Emmy award winner, alleges that he was sidelined from programming and passed over for plum assignments that were given to white colleagues. The lawsuit, which adds eight plaintiffs to the three Fox News employees who previously […]
3rd Internet of the Things Expo (ioTx) to highlight concerns in securing smart and connected cities Hyperloop Transportation Technologies to give visitors a sneak preview of high-speed, tube-based transportation system 25 April 20173rd Internet of the Things Expo (ioTx) to highlight concerns in securing smart and connected cities Hyperloop Transportation Technologies to give visitors a sneak preview of high-speed, tube-based transportation system Dubai, UAE – As […]
Ontario capital Toronto. The province is hosting the first major universal basic income test in North America in 30 years.Image: carlo allegri/getty images By Patrick Kulp2017-04-26 01:15:48 UTC Thousands of randomly chosen Canadians may soon receive free checks in the mail. The province of Ontario just announced that a major trial run of a universal basic income program could begin as early as this summer. Universal basic […]
