Author: Press Room
Russia’s military has bought hundreds of Chinese all-terrain vehicles popular in the US, in a move that risks heightening tensions between the west and Beijing over President Xi Jinping’s tacit backing for Moscow’s invasion of Ukraine.Russia’s purchases open up the buggy manufacturer Shandong Odes Industry to retaliation from authorities in the US, where the vehicles are popular among farmers and powersports enthusiasts.China has insisted it is not selling military equipment to Russia, but Ukraine’s allies are concerned about sales of non-lethal goods useful for defence industries or on the battlefield.Russian President Vladimir Putin inspected the Desertcross 1000-3 utility terrain vehicle…
2/2 © Reuters. Members of the International Federation of Medical Students Associations hold placards during a protest demanding an end to fossil fuels at COP28 World Climate Summit, in Dubai, United Arab Emirates, December 3, 2023. REUTERS/Amr Alfiky 2/2 By Gloria Dickie, Elizabeth Piper and Alexander Cornwell DUBAI (Reuters) – Physicians, activists and country representatives at this year’s COP28 U.N. climate summit in Dubai have called for greater global efforts to protect people from the increasing health and safety risks posed by climate change. With global temperatures set to continue climbing for decades, experts say countries will need to boost…
Warning: JMPLY is at high risk of cutting its dividend
A prominent member of the House Freedom Caucus is predicting that his Republican colleagues will wind up having to swallow a massive “omnibus” spending bill to fund the government in fiscal year 2024.Rep. Ken Buck, R-Colo., an outgoing House lawmaker who has served since 2015, said the House GOP will likely fall short of its goal to pass 12 individual appropriations bills to fund the government, citing the pervasive fractures within the conference.”I don’t think that we have the votes in the House to either adopt conservative policies because the moderates will vote against it, or the spending levels that…
If you have a big wad in a pretax IRA, sit down with your accountant now. Taxes are likely headed higher. By William Baldwin, Forbes Staff Tax rates are going up. Do your conversions now. That’s a starting point in the complex game of IRA manipulation. But the general rule must be accompanied by footnotes and provisos. For these subtleties we turn to Robert S. Keebler, an accountant in Green Bay, Wisconsin, who has elevated tax bracket management into an art form. Large sums are at stake. Keebler’s firm has had occasion to advise on eight-figure IRAs, with potential savings…
Britain’s national health service is outsourcing more eye, hip and knee operations than ever before as it struggles to respond to record waiting lists for surgery.The number of these routine operations carried out by the NHS in its own hospitals increased until 2014 but has barely risen in the past decade as the private sector takes on a bigger role, according to data from the National Joint Registry and the Royal College of Opthalmologists.The figures underscore a slow but steady shift by the taxpayer-funded NHS towards paying private providers for medical treatment, which health leaders say threatens the long-term financial…
© Reuters. A UBS logo is seen next to Credit Suisse at the Bahnhofstrasse before a news conference of Swiss bank UBS in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo (Reuters) – Swiss bank UBS plans to expand its presence in the U.S. market as part of its strategy to hit $150 billion in net new money, or inflow of new funds, per year, an executive told Swiss newspaper NZZ Am Sonntag in an interview published on Sunday. The fourth-largest asset manager in the United States plans to invest heavily over the next three years, Iqbal Kahn, head of…
3/3 © Reuters. Venezuela’s President Nicolas Maduro shows his ballot during a referendum over Venezuela’s rights to the potentially oil-rich region of Esequiba in Guyana, in Caracas, Venezuela, December 3, 2023. REUTERS/Leonardo Fernandez Viloria 2/3 CARACAS/GEORGETOWN (Reuters) – Venezuelans will vote on Sunday in a referendum backed by President Nicolas Maduro’s government over a potentially oil-rich territory that is the subject of a long-running border dispute with Guyana. The five-question referendum includes a question rejecting International Court of Justice (ICJ) jurisdiction to decide to which country the territory around the Esequibo river belongs. Some political and security analysts have called…
Warning: GOLF is at high risk of cutting its dividend
For years, Purdue Pharma, the maker of the prescription painkiller OxyContin, had been entangled in lawsuits seeking to hold it to account for its role in the spiraling opioid crisis.A pathbreaking settlement reached last year appeared to signal the end to thousands of those cases, funneling billions of dollars toward fighting the epidemic in exchange for exempting members of the billionaire Sackler family, which once controlled the company, from civil lawsuits.But on Monday, the Supreme Court will hear arguments over whether the agreement is a violation of federal law in a case that could have ramifications not just for Purdue…