Quest for UN global tax convention gathers support but world’s major economies oppose it
A UN tax convention represents a major shift in how international taxation is approached, with the potential to significantly impact the architecture of global financial systems and how tax dollars are used for the public good.
US Supreme Court deals Biden administration blow after declining to enforce law to protect LGBT students
The administration had sought to restore a key provision of clarifying that discrimination “on the basis of sex” encompasses sexual orientation and gender identity, as well as the rule’s numerous other provisions that do not address gender identity.
Drunk with power and booze-driven state-funded Wazalendo militias, DRC army accused of same crimes M23 rebels commit
Outside of Goma, Wazalendo groups have used their newfound legitimacy to increase their revenue-raising activities, setting up roadblocks in the areas they control where trucks, motorbikes and pedestrians must pay taxes to get through.
Irony of DR Congo turning to abusive Wazalendo militias to help national army to fight M23 rebels
Increasing Rwandan support has allowed the M23 to massively expand its footprint this year, overshadowing other insurgencies in the east and raising the risk of a major regional conflagration between Rwanda and DRC and its allies.
Thailand in grip of the Shinawatra family as parliament elects former PM’s daughter, 37, to lead country
Thaksin’s gamble on Paetongtarn at such a critical juncture surprised many analysts, who expected him to delay his dynasty and avoid exposing his daughter to the type of battles that led to the downfall of himself and sister Yingluck, who both fled overseas to avoid jail after their governments were ousted by the military.
South Sudan’s security bill evolves into law without presidential assent, allows warrantless arrests
Yasmin Sooka, chair of the UN Commission on Human Rights in South Sudan, said on Thursday that the new law will give security agencies powers to conduct “more arbitrary detentions and enforced disappearances.”
Trump struggles to dampen VP Harris, Democrats newfound confidence at rambling press conference
Bread and coffee prices have actually fallen over the last year, according to the Bureau of Labor Statistics’ monthly Consumer Price Index. Food costs more broadly are now experiencing an inflation rate comparable with when Trump was president – between zero and 2 per cent a year.
Fraud linked to Unification Church, high cost of living force Japan PM Kishida to thrown in towel
Kishida’s departure could mean tighter fiscal and monetary conditions depending on the candidate, according to Shoki Omori, chief Japan desk strategist at Mizuho Securities in Tokyo.
Somali-born Ilhan Omar wins Democratic ticket, expected to retain seat and boost US House liberals
Ilhan Omar’s robust campaign fundraising likely played a significant role in her victory. She collected $6.8 million since the 2022 election, more than double the typical House member’s re-election campaign and well over Samuels’ $1.4 million, according to federal campaign disclosures.
Ethical questions raised about why leading US news outlets spiked leaked insider information from Trump campaign
The three newspapers’ decisions stand in marked contrast to the 2016 presidential campaign, when a Russian hack exposed emails to and from Hillary Clinton’s campaign manager, John Podesta. The website Wikileaks published a trove of these embarrassing missives and mainstream news organisations covered them avidly.
