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Insight posts
Insight posts
The ongoing space race between the United States and China is on for space supremacy.
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Signals
https://koreatimes.co.kr/www/nation/2024/08/501_379622.html
Signals
Koreatimes
Venezuela opposition leader Maria Corina Machado said on Monday that the country's opposition has 73.2 percent of the voting tallies from Sunday's election, allowing it to prove election results it says give it a victory. The national electoral authority has proclaimed incumbent President Nicolas Maduro the winner of the vote, giving him a third term in office and extending 25 years of socialist party rule.
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https://www.koreaherald.com/view.php?ud=20240627050600
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Koreaherald
The South Korean government is to revise the inheritance tax scheme that imposes up to a 60 percent tax for big companies here as part of the government's tax code revision slated for late July, Finance Minister Choi Sang-mok said Thursday."I personally prioritize the inheritance tax reform,...
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https://timesofindia.indiatimes.com/world/uk/6-uk-lawmakers-are-running-to-lead-conservative-party-after-its-crushing-election-defeat/articleshow/112104431.cms
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Timesofindia
LONDON: Six British lawmakers have announced they are running to lead the defeated Conservative Party, ahead of a Monday deadline, in a contest that will decide whether the opposition party tacks to the right or steers toward the political center ground.Contenders include former Foreign Secretary James Cleverly and lawmaker Tom Tugendhat from the party's centrist grouping.Former Home Secretary Priti Patel and ex-Business Secretary Kemi Badenoch have support from the right of the party.Former immigration minister Robert Jenrick and lawmaker Mel Stride also have secured the required support of 10 Conservative lawmakers before the deadline of 2:30 p.(9:30 a.EDT, 1330GMT) on Monday.Badenoch, who came third in the party's last leadership election in 2022, was the early favorite with bookmakers.
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https://appleinsider.com/articles/24/08/31/us-fights-canada-over-new-tech-tax-that-could-cost-apple-billions
Signals
Appleinsider
Canada's new Digital Services tax could cost iPhone maker Apple billions, but the US says the fees are discriminating against American tech companies — and is pushing for a delay. Canada first proposed the legislation in 2021 as an interim measure, following a statement from the G20 allowing for international digital service tax (DST) reform.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://taxfoundation.org/data/all/eu/cigarette-taxes-europe-2024/
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Taxfoundation
Cigarette smokers in the European Union pay far more in excise taxes than they do for the cigarettes themselves. The EU Tobacco TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.forbes.com/sites/kellyphillipserb/2024/08/31/tax-breaks-the-scammers-and-students-and-fraud-oh-my-edition/
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Forbes
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in your inbox here.
Millions of students went back to school this week.Getty
Millions of students went back to school this week—and that means that parents like me were writing checks. It...
Millions of students went back to school this week.Getty
Millions of students went back to school this week—and that means that parents like me were writing checks. It...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://appleinsider.com/articles/24/09/08/apple-may-have-to-give-up-14b-plus-escrow-account-to-satisfy-eu-court
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Appleinsider
The European Union will issue a ruling on a decades-long dispute over a 2004 tax deal between its own Commission, Ireland, and iPhone maker Apple. At stake is at least $14.5 billion in back taxes. The court case has ramifications for Apple for much of its global business, as the headquarters in Cork, Ireland is Apple's headquarters for all of its non-US commerce.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.thejournal.ie/investigate-europe-pharma-profits-6419524-Jun2024/
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Thejournal
WHEN DOCTORS REMOVED Miriam Staunton's tumour from her armpit six years ago, they told the 51-year-old Irish woman that she had a 70% chance of relapse. In the months following the operation, she was offered local radiation and regular check-ups, but no drug treatment. Yet, in other parts of Europe, new medicines would have been available.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://sputnikglobe.com/20240709/bulgaria-lost-over-750mln-in-2024-due-to-schengen-zone-accession-delays---reports-1119312996.html
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Sputnikglobe
"The results of the full admission of Bulgaria and Romania to Schengen are not a one-off effect but will intensify with deeper economic integration between European countries, which means that each successive postponement will cause greater lost benefits for both the Bulgarian and the European economy," Nikolov said, as quoted by Euractiv.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://simple.wikipedia.org/w/index.php?diff=9690282&oldid=9690267&title=Russian_invasion_of_Ukraine
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Simple
This article needs to be updated. Please help update this article to reflect recent events or newly available information. (July 2024)
2022 Russian invasion of UkrainePart of the Russo-Ukrainian WarMilitary situation as of 9 August 2024 Land controlled by Ukraine Land controlled by Russia Land...
2022 Russian invasion of UkrainePart of the Russo-Ukrainian WarMilitary situation as of 9 August 2024 Land controlled by Ukraine Land controlled by Russia Land...
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https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/piyush-goyal-suggests-talks-on-carbon-tax-issue-with-top-steel-industry-leaders/articleshow/113086918.cms
Signals
Economictimes
Commerce and Industry Minister Piyush Goyal on Thursday suggested discussions on border adjustment tax with top steel industry leaders to promote sustainable manufacturing in the sector. He also asked the industry to target 500 million tonnes of steel production in the next 10 years. At present,...
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https://cfotech.co.nz/story/telematics-is-helping-to-accelerate-economic-growth-across-apac
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Cfotech
The Asia-Pacific (APAC) region is the world's economic growth engine, powered by a growing consumer class, a strong manufacturing base and an accelerating innovation sector. Much of that growth has been powered by technology, and in fact one recent report found that in Southeast Asia could be a...
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https://economictimes.indiatimes.com/news/economy/foreign-trade/india-eu-to-begin-next-round-of-talks-on-free-trade-pact-on-monday/articleshow/113572133.cms
Signals
Economictimes
Senior officials of India and the 27-nation European Union (EU) will commence the next round of talks for a proposed free trade agreement from Monday here, an official said. The agreement is aimed at further boosting bilateral trade and investments between the two regions. The two sides are...
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https://www.naturalnews.com/2024-07-31-ukraine-credit-rating-downgraded-fitch.html
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Naturalnews
The credit rating agency Fitch has downgraded Ukraine's credit rating as the conflict with Russia continues, cautioning that a default is imminent. Fitch moved the country from a CC rating to C after they reached an agreement, at least in principle, with foreign investors for restructuring their $20 billion debt on Monday.
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https://www.foxnews.com/world/ukraine-edges-closer-european-union-membership-decade-war
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Foxnews
NATO Secretary General Jens Stoltenberg to discuss how NATO members have bolstered their spending, the latest on the war in Ukraine and how the alliance can counter aggression from countries like Russia and China. Ukraine, through its ongoing war with Russia and extensive reforms, is nearing its...
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https://insideclimatenews.org/news/05092024/global-climate-concerns-survey/
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Insideclimatenews
Most people are "very" or "extremely" concerned about the state of the natural world, a new global public opinion survey shows.
Roughly 70 percent of 22,000 people polled online earlier this year agreed that human activities were pushing the Earth past "tipping points," thresholds beyond which...
Roughly 70 percent of 22,000 people polled online earlier this year agreed that human activities were pushing the Earth past "tipping points," thresholds beyond which...
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https://abcnews.go.com/International/wireStory/happened-week-uk-election-campaign-manifesto-launches-robots-111124234
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Abcnews
LONDON -- The U.K.'s general election campaign has now passed the halfway mark, and finally the main political parties have published their plans for government should they win on July 4. Beyond the carefully choreographed set piece events, there's always a potential banana skin around the...
46012
Insight posts
Insight posts
From limiting Internet access to curating content, China deepens its control of its citizens’ data and information consumption.
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Signals
https://startupsunplugged.com/why-now/measuring-your-market-consider-timing/
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Startupsunplugged
10 years ago today, NYU finance professor Aswath Damodaran, well-known for his work on corporate valuations, posted an article on Uber. The rideshare company was already a unicorn (a new term at the time), with a $17B valuation. . Yet, Damodaran ran the numbers and came up with a more modest $5.9B valuation.
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https://www.investing.com/news/commodities-news/exclusiveus-epa-says-it-is-auditing-biofuel-producers-used-cooking-oil-supply-3558979
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Investing
(Reuters) - The U.Environmental Protection Agency has launched investigations into the supply chains of at least two renewable fuel producers amid industry concerns that some may be using fraudulent feedstocks for biodiesel to secure lucrative government subsidies. EPA spokesperson Jeffrey Landis told Reuters that the agency has launched audits over the past year, but declined to identify the companies targeted because the investigations are ongoing.
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https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/air-india-sends-ferry-flight-to-russia-for-stranded-us-bound-passengers/articleshow/111859599.cms
Signals
Economictimes
Air India said on Friday a plane with food and other essentials was on its way to pick up passengers stranded in Russia after the previous day's San Francisco-bound flight made an emergency landing there.An Air India airplane flying from Delhi to the West Coast city made an emergency landing in...