Finance news

Public finances: What is the benefit of increasing VAT?

If necessary, decreasing income taxes could be financed by higher VAT. But there is a better way. A guest post.

Iran-US Deal On Verge Of Collapse? Tehran Threatens To Walk Away Unless Washington Unlocks Billions

Iran is threatening to abandon a major deal with the US over the release of billions in frozen assets. Tehran insists on accessing these funds in the first phase, stalling months of negotiations and raising fears about Gulf tensions and energy market instability. submitted by /u/Aware_Apartment_8959 [link] [comments]

Ukraine war: After major attack on Kiev – new attacks in the border area

The mutual attacks follow one of the heaviest bombings of Kiev since the beginning of the war. Russia fired 600 drones and 90 missiles, according to Ukrainian sources.

Ferrari's Luce leads bold leap into uncertain electric era - Reuters

Ferrari's Luce leads bold leap into uncertain electric era Reuters

The long road to Ferrari's first electric car - Reuters

The long road to Ferrari's first electric car Reuters

Greek swimmer cashes in with 'world record' at Enhanced Games - Reuters

Greek swimmer cashes in with 'world record' at Enhanced Games Reuters

The shrinking, monochrome future of Japan's war-ravaged food industry

Malaysia-Japan hydrogen project scales back due to funding constraints

Indonesia faces 'vicious' stagflation: Japan consumer goods firm

‘Using good as bait’: blind China girl detained after fake hit-by-bike clip gets 100 million views

A viral video of a blind woman on a tactile pavement being hit by an electric bike, which turned out to be staged, has sparked a wave of public anger in China. The video has been viewed more than 100 million times online. It has also raised questions about similar scams involving the visually impaired and fears that it could diminish public’s trust in the blind community, Shangyou News reported. In the video, which was released on May 9 by the blogger @baobaomangtu, after the rider of the e-bike

More Tankers Make It Through the Strait of Hormuz

Two liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days, with the LNG vessels heading for Pakistan and China, and the tanker, loaded with Iraqi crude, is en route to China. According to a Reuters report, the vessels used the route that Iran has told all ships to use from now on. The LNG carriers are loaded with Qatari gas, the report said, citing data from LSEG and Kpler. At least one of the vessels was loaded in late March. The super

Singapore reports lower-than-expected inflation for April at 1.8%, revises economic growth higher

Core inflation — which strips out prices of private transport and accommodation — came in at 1.4%, against estimates of 1.7%.

Konjunktur: Studie: Seit 2019 sind mehr als 341.000 Industriejobs in Deutschland verschwunden

Jeder siebzehnte Industriejob ist demnach weggefallen. Eine Branche trifft es besonders hart, während sich zwei Sektoren gegen den allgemeinen Negativtrend stemmen.

Muslims begin haj in sweltering heat and shadow of Middle East tensions

The annual haj pilgrimage, one of the Five Pillars of Islam, officially began on Monday. More than 1.5 million pilgrims have arrived in Saudi Arabia from outside the country, Saleh bin Saad Al-Murabba, commander of the haj passport forces, said on Friday. The faithful have been pouring into the country for the haj against the backdrop of a tenuous ceasefire in the Iran war and related regional tensions and uncertainty. Egyptian pilgrim Samya Abdul Moneim said she was grateful to God that she...

Rubio’s visit to India focuses on US trade tensions, the Quad alliance and sightseeing - AP News

Rubio’s visit to India focuses on US trade tensions, the Quad alliance and sightseeing AP News

Global tensions set to stalk Singapore's flagship defence summit - Reuters

Global tensions set to stalk Singapore's flagship defence summit Reuters

Rubio says US will find 'another way' if Iran talks fail - Reuters

Rubio says US will find 'another way' if Iran talks fail Reuters

Künstliche Intelligenz: Anthropic und der Papst: Wie KI-Labore den Vatikan als Ethikpartner entdecken

Die erste Enzyklika eines Papstes hat eine herausgehobene Bedeutung. Leo XIV. will sie nutzen, um die Seele von KI-Bots zu beeinflussen. Sein selbst gewählter Name zeigt, wie ernst es ihm damit ist.

Huawei's 'chip queen' etches her name in China's tech folklore - Reuters

Huawei's 'chip queen' etches her name in China's tech folklore Reuters

Thai Singha beer heir’s sexual abuse claims empower others to come forward

A high-profile alleged sexual abuse case within a wealthy Thai beer brewing family has prompted a wave of painful accounts from survivors of unconnected abuse in the conservative country. Siranudh Scott, a fourth-generation member of the billionaire Thai family that founded the ubiquitous Singha beer brand, posted an emotional video this month accusing his older brother Sunit of repeatedly abusing him when he was a teenager. Sunit, who is in his thirties, later denied the allegations in a video.

Energy infrastructure damaged in missile attack on Russia's Belgorod region, local authorities say - Reuters

Energy infrastructure damaged in missile attack on Russia's Belgorod region, local authorities say Reuters

Australia's spy chief says antisemitism was left unchecked after Gaza war - Reuters

Australia's spy chief says antisemitism was left unchecked after Gaza war Reuters

Chinese coal mine accident, Cathay Pacific flight turbulence: 5 weekend reads you missed

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. 82 killed in China’s worst coal mine accident for more than a decade 2. Why Bangladesh could raise Indian red flags by buying a China-Pakistan fighter jet 3. Screams as 10 hurt in ‘drop tower’ turbulence on Cathay flight from Brisbane 4. 2 notable women in ancient China broke barriers in fields...

Oil market at 'tank bottoms' in Asia, and Europe isn't far behind, warns Carlyle's Currie

Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie.

Beware the boom and bust cycle of memory stocks, investors warn amid AI boom

"In the long run, it's a pretty dreadful industry," William de Gale of BlueBox Asset Management, told CNBC's Europe Early Edition on Wednesday.

Pakistan Shi'ites deported from UAE return to lost jobs, frozen savings - Reuters

Pakistan Shi'ites deported from UAE return to lost jobs, frozen savings Reuters

Lebensversicherung auflösen, Rückkaufwert

Hallo Schwarmintelligenz, ich möchte gerne meine Kapitallebensversicherung auflösen. Was ist dabei zu beachten? Die habe ich mir vor vielen Jahren mal von einem Vertiebler aufschwätzen lassen und diese dann recht bald beitragsfrei gestellt. Den Rückkaufwert beträgt laut damaliger Auskunft nur ca. 2500€, was mir etwas wenig vorkommt, auch wenn ich wirklich nicht lange eingezahlt habe. Kann ich mich auf die Auskunft der Versicherung verlassen oder sollte ich das besser prüfen? Und wenn ja wie? Ist

Morning Bid: Will they or won't they? - Reuters

Morning Bid: Will they or won't they? Reuters

Iran executes man involved in January protests, state media reports - Reuters

Iran executes man involved in January protests, state media reports Reuters

Trump call would be positive, no planning talks have taken place, Taiwan says - Reuters

Trump call would be positive, no planning talks have taken place, Taiwan says Reuters