Category: measures
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US Postal Service halts china parcels following new Trump trade measures
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The US Post Service (USPS) has stopped accepting the parcels from the mainland of China and Hong Kong “until another notice”, as the new bases closed a loophole that allows saving customs duties for low -value goods. The comment comes amid increasing tensions between the United States and China, which…
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Google vows tougher measures on fake reviews after CMA probe
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Google has committed to stronger guarantees against fake online reviews in the UK by promising to tighten the screws on misleading practices and punish companies and individuals who turn to being strengthened by their stars by fraud. The agreement comes in the aftermath of an investigation by the CMA, which…
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Border measures aimed at responding to Trump’s tariff threat begin
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Article content OTTAWA — Immigration measures announced as part of Canada’s border response to U.S. President-elect Donald Trump’s threat of 25 per cent tariffs are underway, starting with a ban on what is known as “flying the flag.” Article content This occurs when someone who was in Canada on a…
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UK SMEs brace for average revenue loss of £138,000 in 2025 amid Labour’s budget measures
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SMEs across the UK are set to face major financial challenges in 2025, with new research suggesting an expected average revenue loss of £138,000 per business. According to a study by freelance platform Fiverr, a quarter of businesses expect losses of more than £100,000 due to financial pressures caused by…
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Budgets chief: Politics overcame equality in austerity measures
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Yogev Grados, Head of the Budgets Department at the Ministry of Finance, commented at the Globes Investment Conference on the great challenges facing the Israeli economy due to the ongoing war. Speaking with Oren Dorey, Globes’ macroeconomics correspondent, Grados described how the fiscal deficit caused by ballooning defense spending was…
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Budgets chief: Politics overcame equality in austerity measures
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Yogev Grados, Head of the Budgets Department at the Ministry of Finance, commented at the Globes Investment Conference on the great challenges facing the Israeli economy due to the ongoing war. Speaking with Oren Dorey, Globes’ macroeconomics correspondent, Grados described how the fiscal deficit caused by ballooning defense spending was…
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Budgets chief: Politics overcame equality in austerity measures
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Yogev Grados, Head of the Budgets Department at the Ministry of Finance, commented at the Globes Investment Conference on the great challenges facing the Israeli economy due to the ongoing war. Speaking with Oren Dorey, Globes’ macroeconomics correspondent, Grados described how the fiscal deficit caused by ballooning defense spending was…
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Budgets chief: Politics overcame equality in austerity measures
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Yogev Grados, Head of the Budgets Department at the Ministry of Finance, commented at the Globes Investment Conference on the great challenges facing the Israeli economy due to the ongoing war. Speaking with Oren Dorey, Globes’ macroeconomics correspondent, Grados described how the fiscal deficit caused by ballooning defense spending was…
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Histadrut signals flexibility on austerity measures
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Finance Minister Bezalel Smotrich and Histadrut (General Confederation of Labor in Israel) head Arnon Bar-David met last week in an attempt to advance negotiations on austerity measures in 2025 that will affect workers. During the meeting, Smotrich tried to convince Bar-David of the seriousness of his intention to commit to…
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Factbox-China unveils fiscal stimulus measures to revive growth By Reuters
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BEIJING (Reuters) – China’s Finance Ministry on Saturday unveiled a fiscal stimulus package aimed at reviving the faltering economy and achieving the growth target set by the government, but did not reveal the size of the new measures. The ministry said in a press conference that it would “significantly” increase…
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Copper Technical Analysis – Chinese big easing measures trigger a strong rally
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Basic overview Last week, the People’s Bank of China (PBoC) announced a lot of easing measures ranging from short-term and long-term interest rate cuts. Copper rose strongly as China accounts for more than 50% of copper demand. Things are starting to look better for the market as the Fed also…
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Smotrich’s 2025 budget plan: Tough measures to pay for war
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Finance Minister Bezalel Smotrich today presented his plan for the 2025 budget. “I pledge to do everything I can to achieve the deficit target of 4%,” Smotrich said. Smotrich outlined measures to achieve this, including freezing public sector salaries, tax brackets, allowances and pensions, increasing income tax on the lowest…
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9/11-era security measures and climate change put thousands at risk from dams
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Conflicting federal policies may force thousands of residents in flood-prone areas to pay more for flood insurance or fail to recognize the danger posed by levees built over their homes and businesses, according to an Associated Press review of federal records and data. The problem stems from a complex set…
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Argentina’s parallel peso strengthens on new economic measures, stock index plummets By Reuters
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BUENOS AIRES (Reuters) – Argentina’s black market peso strengthened against the U.S. dollar on Monday while local stocks suffered after new economic measures introduced by President Javier Milei’s government over the weekend took effect. Argentina’s economy minister on Saturday announced a plan to halt expansion of the monetary base in…
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KRA to miss target by Sh300bn despite new tax measures
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The Kenya Revenue Authority (KRA) has recorded its highest deficit in tax collection from employees despite the introduction of two new tax bands targeting top earners, even as the Treasury expects the tax collector to miss this year’s targets by about Sh300 billion. A quarterly report published by the National…
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Tesla pulls back on gigacasting ambitions as cost-cutting measures continue (NASDAQ:TSLA)
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Editorial jetcityimage/iStock via Getty Images Implications of the shift in strategy at Tesla (Nasdaq: Tesla) still feels. Following news that Tesla (TSLA) is laying off its Supercharger team, the Austin-based company is now reportedly backing away from plans to manufacture high-volume Gigacasts. sources He told Reuters that Tesla (TSLA) will…