
Truss Says Sunak Has Room to Cut Taxes Ahead of UK Election
Former UK leader Liz Truss urged her successor Rishi Sunak to cut taxes ahead of the next election,
1970-01-01 08:00

MLB Rumors: Are the Braves making a mistake with Ronald Acuña Jr.?
Should the Atlanta Braves rest Ronald Acuña Jr. for at least the remainder of the 2023 MLB Regular season as a precaution to prevent any possible injuries like the recent scare in Miami?
1970-01-01 08:00

Hunter Biden sues IRS claiming they unlawfully shared his tax information
Hunter Biden has sued the IRS, arguing that they unlawfully released his private tax information. The son of the president is also alleging that the tax agency failed to safeguard his private records. The younger Mr Biden is seeking all the files linked to the disclosure of tax information, as well as $1,000 for every improper disclosure, and legal fees, in addition to other things, CNN reported. The lawsuit was filed in federal court in Washington, DC. It doesn’t name the two IRS whistleblowers as defendants, but it’s focused on information shared by the agents – Gary Shapley and Joseph Ziegler – as well as their lawyers in testimony to Congress, interviews, and public statements. “Despite clear warnings from Congress that they were prohibited from disclosing the contents of their testimony to the public in another forum, Mr. Shapley and Mr. Ziegler’s testimony only emboldened their media campaign against Mr. Biden,” the legal filing notes. “And finally, since their public testimony before the House of Representatives on July 19, 2023, the agents have become regular guests on national media outlets and have made new allegations and public statements regarding Mr. Biden’s confidential tax return information that were not previously included in their transcripts before the Committee on Ways and Means.” “The lawsuit is about the decision by IRS employees, their representatives, and others to disregard their obligations and repeatedly and intentionally publicly disclose and disseminate Mr. Biden’s protected tax return information outside the exceptions for making disclosures in the law,” Mr Biden’s legal filing states. “These agents’ putative ‘whistleblower’ status cannot and does not shield them from their wrongful conduct in making unauthorized public disclosures that are not permitted by the whistleblower process. In fact, a ‘whistleblower’ is supposed to uncover government misconduct, not the details of that employee’s opinion about the alleged wrongdoing of a private person,” the lawsuit adds. The legal filing claims that Mr Shapley and Mr Ziegler did more than verify the investigation into Mr Biden – that they shared specific claims against the 53-year-old, the amount of the deductions he had taken and how much he owed in taxes. Mr Shapley’s attorneys said in a Friday statement that Mr Biden’s lawyers have attempted to get the Department of Justice to take action against their clients for sharing information that was protected under whistleblower regulations. “Taxpayer privacy laws are written by Congress, and it gave itself authority in those laws to hear disclosures about taxpayer information,” a lawyer for Mr Shapley said in the statement on Friday. The agents shared their allegations regarding the Department of Justice’s handling of the Biden probe earlier this year. The Department of Justice said in June that they had struck a deal with Mr Biden that meant that he would plead guilty to two tax misdemeanours after he didn’t pay his taxes on time in 2017 and 2018. Mr Biden also agreed to a deal which would mean that he wouldn’t be charged with a gun possession violation, but that agreement was torn up following scrutiny by a federal judge. When the judge declined to greenlight the deal, discussions ended between the office of US Attorney David Weiss and Mr Biden’s legal team. Mr Weiss then asked for, and was granted, the status of Special Counsel. Mr Biden was indicted on three felony gun charges on Thursday and the office of Mr Weiss has stated that they could bring tax charges, with Washington, DC and California being on the list of possible jurisdictions. Read More Rambling Biden is on the ropes – will his Democratic challengers strike? Trump denies pushing for Biden impeachment inquiry in secret meetings with MAGA Republicans Trump suggests Biden impeachment is revenge for his own
1970-01-01 08:00

Shake Shack Tests Oil to Make Its Fries Healthier and Greener
Your next ’shroom burger from Shake Shack Inc. may be prepared using a frying oil that comes from
1970-01-01 08:00

Carlo Ancelotti praises new Real Madrid signing after win over Real Sociedad
Carlo Ancelotti has praised new striker Joselu following his match winning goal against Real Sociedad on Sunday.
1970-01-01 08:00

SocGen Plans to Halt New Oil, Gas Loans in Strategy Update
Societe Generale SA is planning to halt lending to some new oil and gas projects, as part of
1970-01-01 08:00

Rugby World Cup: Fiji win v Australia ‘worst result’ for Wales
The surprise result raises the stakes for Wales' upcoming clash with the Wallabies, fans say.
1970-01-01 08:00

Spanish GDP Revised for Past Years on Stronger Pandemic Rebound
The Spanish economy rebounded more strongly from the Covid-19 pandemic shock than initially though. Gross domestic product expanded
1970-01-01 08:00

Volatility Grips Indian Bonds as Index Inclusion Chatter Returns
India’s government debt market is on tenterhooks again as traders assess the buzz around prospects for the nation’s
1970-01-01 08:00

Europe Must Cut Down on Its Dependence With China, Baerbock Says
German Foreign Minister Annalena Baerbock said that the European Union must reduce its reliance on China and that
1970-01-01 08:00

Chinese foreign minister visits Russia for ‘security’ talks day after Kim Jong-un leaves country
China’s foreign minister will be in Russia this week for security talks, arriving in Moscow just a day after North Korea’s leader Kim Jong-un wrapped up his own visit to the country. Wang Yi’s visit comes as an increasingly isolated Russia seeks support from its international allies for its war against Ukraine. Running from Monday to Thursday, the visit will involve a “strategic security consultation” between China and Russia, the Chinese foreign ministry said. It comes after Mr Kim spent six days in Russia, touring a variety of military and technology sites including the country’s most state-of-the-art cosmodrome, where he met with Vladimir Putin. Their talks sparked global concerns that North Korea will supply weapons to Russia to use in Ukraine. Mr Wang, the ruling Chinese Communist Party’s top foreign policy official, arrives in Russia just two days after talks in Malta with US national security adviser Jake Sullivan. Washington and Beijing described those talks as candid, substantive and constructive. Both nations are looking to stabilise their rocky relationship, having seen bilateral tensions soar due to their conflicting views on multiple issues in Europe and East Asia. China and the US disagree on their stance over Russia’s invasion of Ukraine, and the former has shifted closer to Russia. Beijing maintains the West has to consider Russia’s security concerns about Nato’s expansion in Europe. China has also accused the US of prolonging fighting in Ukraine as it has aided the nation with arms and weaponry which the Joe Biden administration has repeatedly said are necessary in the face of Russian aggression. Russia may be looking to brief Mr Wang on the details of Mr Putin and Mr Kim’s discussions, with experts saying Moscow would want China’s support before going ahead with any major shift in the Russia-North Korea relationship. Also on the agenda could be plans for Vladimir Putin to visit Xi Jinping in Beijing. Mr Putin hasn’t left Russia since the International Criminal Court put out a warrant for his arrest – China is not a signatory to the court – but has previously said he plans to pay Mr Xi a visit, without specifying a date. Mr Kim left Russia on Sunday after a grand farewell ceremony at the train station in Artyom, about 200km from the North Korea border. During his visit, Mr Kim secured an offer of Russian support with North Korea’s floundering and UN-sanctioned satellite launch programme. In return, experts suggest, Russia may be eyeing up a North Korean stockpile of tens of millions of ageing artillery shells and rockets based on Soviet designs that could significantly aid Russian forces in Ukraine. Mr Kim said North Korea would offer its “full and unconditional support” for Russia’s fight to defend its security interests, an indirect reference to the continuing war in Ukraine, despite the West’s warnings against doing so. Read More Biden's national security adviser holds two days of talks in Malta with China's foreign minister Why support for Ukraine is in danger of splitting the EU With Russia isolated on the world stage, Putin turns to old friend North Korea for help Chinese Premier Li Qian takes a test ride on Indonesia's new high-speed railway China's 'full-time children' move back in with parents, take on chores as good jobs grow scarce
1970-01-01 08:00

Iran Says Prisoner Exchange With US to Happen Later Monday
Iran and the US will exchange prisoners later Monday, Iran’s Foreign Ministry said, the culmination of negotiations that
1970-01-01 08:00