Trump’s proposal to replace income taxes with tariffs
28Oct Avatar photoBy Daniel MartinNo Comments
News

Trump’s proposal to replace income taxes with tariffs

More news - Latest news In a recent interview with Joe Rogan, former President Donald Trump discussed his plan to eliminate income taxes, suggesting tariffs as a replacement. Rogan questioned the feasibility of this idea during their long conversation. Trump defended the proposal, arguing that tariffs would prevent foreign nations from undermining American jobs and industries. His economic agenda includes a major tax overhaul, with the aim of dismantling the current income tax system in favor of a rigorous tariff policy. His plan includes removing taxes on tips, overtime and Social Security benefits, while extending the 2017 tax cuts beyond the 2025 deadline. He is also considering tax exemptions for essential workers such as firefighters, police, military personnel and vetera...
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Biden visits Berlin to support Ukraine in difficult times
28Oct Avatar photoBy Daniel MartinNo Comments
Politics

Biden visits Berlin to support Ukraine in difficult times

More news - Recent news In a significant diplomatic move, President Joe Biden traveled to Berlin, positioning himself closer to Ukraine as the nation prepares for what he described as "a very difficult winter." This visit highlights the United States' continued commitment to supporting Ukraine in its current challenges. During his visit, President Biden engaged in extensive discussions with European leaders, focusing on coordinated efforts to provide Ukraine with the necessary support. This collaboration highlights the broader international strategy to ensure that Ukraine can withstand the pressures it faces from ongoing conflicts and economic hardship. President Biden's presence in Berlin is not just a gesture of solidarity but part of a series of planned commitments aimed at strengt...
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Russia’s central bank raises interest rates amid inflation fears
28Oct Avatar photoBy Daniel MartinNo Comments
Business

Russia’s central bank raises interest rates amid inflation fears

More news - Recent news On June 9, 2024, Russia's central bank raised its key interest rate by 200 basis points to 21% in response to sharp increases in consumer prices and ongoing inflation risks. This decision follows a previous rate hike in September, which brought the rate to 19%. The move exceeded analysts' expectations of a 100 basis point increase, marking the highest rate since early 2003. The last comparable rate was in February 2022, soon after Russia's invasion of Ukraine , when the rate was increased to stabilize the markets. Central Bank Governor Elvira Nabiullina acknowledged the possibility of further rate hikes, discussing a potential rate above 21% at the next meeting in December. This reflects concerns about rising inflation, which averaged 9.8% in September,...
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Newly released documents in the Jack Smith investigation on January 6th
27Oct Avatar photoBy Daniel MartinNo Comments
News

Newly released documents in the Jack Smith investigation on January 6th

More news - Breaking news Recent developments in the ongoing January 6 election case, led by prosecutor Jack Smith, have seen the release of additional previously sealed documents related to former President Donald Trump. This release marks another significant turning point in an investigation that continues to fascinate and polarize both the public and political commentators. The documents, which were part of a closed investigation, have now been made public as part of an effort to increase transparency in legal proceedings surrounding the controversial events of January 6, 2021. These files are expected to shed more light on the actions and communications of President Trump and his aides that day, which saw unprecedented scenes at the Capitol. Legal experts and political analysts are...
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Florida governor praises progress in Hurricane Milton recovery, but water problems persist
27Oct Avatar photoBy Daniel MartinNo Comments
Politics

Florida governor praises progress in Hurricane Milton recovery, but water problems persist

Related media - Breaking news Florida Governor Ron DeSantis acknowledged the significant progress made in recovery efforts following Hurricane Milton, while also acknowledging ongoing challenges related to water supply and quality in the storm's aftermath. While recovery efforts are advancing, access to safe and reliable water sources remains a concern for many residents. A closer examination of recovery progress, specific water challenges, and measures taken to address these issues is essential to understanding the current situation in Florida. Significant progress has been made in restoring essential services and infrastructure following Hurricane Milton. Electricity has been restored to a substantial portion of the affected areas, debris removal is progressing, and efforts are under...
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Key titles to watch after hours: Netflix, Intuitive Surgical, WD-40 among others
27Oct Avatar photoBy Daniel MartinNo Comments
Business

Key titles to watch after hours: Netflix, Intuitive Surgical, WD-40 among others

More news - Latest news The stock market never sleeps, and after-hours trading sessions often offer unique opportunities and insights into investor sentiment. Notably, several companies have stood out in recent after-hours trading, indicating potential changes that could impact investors and the market at large. Netflix, the streaming services giant, saw its shares rise more than 4% following the release of third-quarter earnings, which exceeded analysts' expectations. This increase reflects a positive response from investors who are optimistic about the company's growth trajectory, especially as it continues to expand its content library and explore new revenue models such as advertising tiers. Intuitive Surgical, a leader in robot-assisted surgical systems, also featured pro...
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