Bank of Canada cuts interest rates, warned country faces ‘new crisis’ | Trade War News
BoC also said it would ‘proceed carefully with any further changes’ to rates given inflationary pressures from tariffs.The Bank of Canada has trimmed its key…
Can House Republicans cut $880bn without slashing Medicaid? | Health News
The prospect of deep cuts to Medicaid, the United States government programme to provide healthcare to low-income people, has become a flashpoint in Congress as…
Even as US slashes jobs, ‘it is the calm before the storm’, economists warn | Donald Trump News
The first major set of economic reports last week reflect the state of the United States economy during President Donald Trump’s first full month in…
Canadian province slaps 25% tax increase on electricity exports to U.S. in response to Trump’s trade war
TORONTO — Ontario’s premier, the leader of Canada’s most populous province, announced that effective Monday it is charging 25% more for electricity to 1.5 million Americans in…
Trump exempts some automakers from Canada, Mexico tariffs for one month | Trade War News
The one month exemption is for cars and trucks that comply with USMCA’s content rules.President Donald Trump will exempt automakers from his punishing 25-percent tariffs…
Trump’s tariffs unleash ‘existential fight’ for Canada | Donald Trump News
United States President Donald Trump has been true to his threats. On Tuesday, the Trump administration unleashed 25 percent blanket tariffs on Canadian imports, excluding…
Insanely beautiful tropical island plans huge £78 daily tourist tax for thousands
Wayan Puspa Negara, head of the Bali Marginal Tourism Actors Alliance and a lawmaker in Bali’s Badung regency, has claimed that officials are weighing up…
Clinton Yields to Opponents of Energy Tax : Economy: President will scale back controversial levy in favor of 8-cent-a-gallon gas tax hike, sources say. Move is aimed at saving deficit-cutting plan in Senate.
WASHINGTON — President Clinton has decided to abandon most elements of his proposed energy tax and accept an 8-cent-per-gallon gasoline tax increase in its place as the…
Trump tariffs of 25% on Canada, Mexico set to kick in March 4 | Donald Trump News
Trump’s comments Thursday clarified confusion he sowed on Wednesday when he seemed to suggest tariffs would be pushed back to April.United States President Donald Trump…
California legislators propose bills to expand film tax credit program
California legislators are proposing two bills that would make changes to the state’s film and TV tax credit program in an attempt to lure production…
Chaos in Canary Islands as tourism tax plans take new step but there's one issue
As support for a tourist tax in the saturated Canary Islands continues to build momentum, it remains unclear how the revenue generated (predicted to exceed…
Eli Lilly plans $27bn in new plants as Trump threatens pharma tariffs | Manufacturing News
The new plants will be built in the US over the next five years and create 3,000 jobs for skilled workers.Eli Lilly plans to spend…
US consumer confidence dives, posts biggest drop in 3.5 years | Donald Trump News
Tariffs on imports, mass firings of federal workers are some of the issues taking a toll on consumer psyche.United States consumer confidence deteriorated at its…
Amundi moves ETF from Luxembourg to Ireland due to favourable tax rule
Competition to host exchange-traded funds has been heating up between Luxembourg and Ireland, with both offering attractive investment perks. ADVERTISEMENTAmundi, one of Europe’s largest asset…
Who is running in the German elections and what are the key issues? | Elections News
Germany will go to the polls on Sunday, February 23 after a snap election was called in December following the collapse of the coalition government…
Trump’s tariffs present fresh headache for India’s slowing economy | Poverty and Development
Hours before Indian Prime Minister Narendra Modi’s visit to the White House, President Donald Trump announced that the United States would levy reciprocal tariffs on…
Opinion: Extend Trump’s 2017 tax cuts to promote growth, but cut spending too
America approaches a critical juncture. Many provisions of the Tax Cuts and Jobs Act of 2017 are set to expire this year. Congress could let…
Businesses planning ‘most brutal round of job cuts in a decade’ after Labour’s tax rises
BUSINESSES are planning the most brutal round of job cuts in a decade to offset Labour’s tax rises, a survey reveals.A third of employers are…
Sources: IRS to lay off thousands of workers in tax season
WASHINGTON — The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with the agency’s plans, and…
Las Vegas woman guilty of fraud for false COVID-19 tax credit claims
The Justice Department said Friday that Candies Goode-McCoy, of Las Vegas, has pleaded guilty of conspiring to defraud the United States with tens of millions…