Italian Government Includes Bank Windfall Tax in Wide-Ranging Measures to Boost State Revenue

Italian Government Includes Bank Windfall Tax in Wide-Ranging Measures to Boost State Revenue

The government has included the bank windfall tax in a wide-ranging package of measures ranging from taxi licenses to foreign investment. According to the agency ANSA, the tax could bring over two billion euros (48.5 billion CZK) to the state coffers. According to Reuters sources, the government expects to collect less than three billion euros … Read more

The Uncertain Future of US LNG Export Projects: Will the Boom Last?

The Uncertain Future of US LNG Export Projects: Will the Boom Last?

The energy crisis triggered a record increase in the number of projects for the export of LNG from the United States. There are now more than 36 million tons of contracts signed a year, giving America’s export capacity a huge boost. The volume of investments in 2023 in new infrastructure projects is growing at a … Read more

Russian Billionaires: Vagit Alekperov, Vladimir Lisin, Leonid Mihelsons, and Gennady Timchenko Lead the Wealth Rankings

Russian Billionaires: Vagit Alekperov, Vladimir Lisin, Leonid Mihelsons, and Gennady Timchenko Lead the Wealth Rankings

In total, 24 Russian citizens are included in the Bloomberg list of the 500 richest people in the world. Vagit Alekperov, the president of the company “Lukoil”, who has earned almost five billion dollars since the beginning of this year, has seen the fastest increase in wealth. The total amount of his wealth has grown … Read more

Global Current Affairs, Industry, Fashion, Economics, Sports, and Travel: News Roundup

Global Current Affairs, Industry, Fashion, Economics, Sports, and Travel: News Roundup

global current affairs 4D9eLNDWNCaarticleForeign media: India’s “worst train collision of this century”world.huanqiu.com 4D9dthvfbc9articleNATO Secretary-General: Ammunition stocks of NATO members have bottomed out due to aid to Ukraineworld.huanqiu.com 4D9aXnD89eTarticleNATO Secretary-General accused China of threatening its neighbors, our embassy in Norway refuted itworld.huanqiu.com 4D9SO0uAlCDarticleAmerican scholars: It is difficult to persuade business leaders to “decouple” from Chinaoversea.huanqiu.com 4D9YBSky0Fuarticleexposure! … Read more

Norway Imposes New Tax on Wind and Hydropower Plants, Potentially Causing Bankruptcy, Analysts Warn

Norway Imposes New Tax on Wind and Hydropower Plants, Potentially Causing Bankruptcy, Analysts Warn

While the European Union plans to spend hundreds of billions of euros in the coming years to support green energy sources such as wind farms, solar panels and heat pumps, Norway, as part of the fight against inflation and deficit budgets, has imposed a new tax of 40% on ecological wind and hydropower plants. That … Read more

Brazil’s President advocates for BRICS currencies to replace the dollar in global commerce.

Brazilian President Luis Inacio Lula da Silva has urged the BRICS nations to find a new currency to replace the US dollar when trading with other countries. It supports China’s efforts to challenge US power. as he prepares to meet with Chinese President Xi Jinping in Beijing Bloomberg News reported that The comments were made … Read more

Warren Buffett, prominent investor, steps in amidst SVB bankruptcy causing banking crisis.

Warren Buffett, prominent investor, steps in amidst SVB bankruptcy causing banking crisis.

Warren Buffett The star investor had already become active during the 2008 financial crisis. (Photo: AP) Denver Bankers, regulators and government officials have been dealing with a central question for days: How can trust in the US banking system be restored after the Silicon Valley Bank (SVB) went bankrupt? Star investor Warren Buffett is apparently … Read more

Bloomberg: US to tighten rules on exporting chip equipment to China

Bloomberg: US to tighten rules on exporting chip equipment to China

The White House is developing new restrictions on the export of semiconductor manufacturing equipment to China. This, according to the US presidential administration, will prevent Chinese industry from creating its own chips, reports Bloomberg with reference to sources. The US presidential administration told manufacturing companies that the new measures would be officially announced in April. … Read more

Bloomberg: Sunak is working to restore cooperation with the EU after Brexit in private

Bloomberg: Sunak is working to restore cooperation with the EU after Brexit in private

British Prime Minister Rishi Sunak has instructed the government to work out plans to restore relations between the UK and the EU after Brexit, Bloomberg reported, citing anonymous senior officials. The UK plans to increase cooperation with the EU in the areas of defence, migration, trade, energy and international standards. As writes BloombergThe UK plans … Read more