Gibraltar will apply a 15% sales tax on goods to avoid unfair competition with Spain, as a result of the agreement on the post-Brexit future of the British overseas territory, it has emerged. The territory has agreed to ensure a 15% minimum “transaction tax” on goods within three years of the ratification of the agreement,…
FILE PHOTO: Jason Droege speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019. Mike Blake | Reuters Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its new CEO, with founder Alexandr Wang heading to Meta as part of a multibillion-dollar deal with the company, CNBC…
The House narrowly voted on Thursday to cut about $9.4bn in spending already approved by Congress as Donald Trump’s administration looks to follow through on work by the so-called “department of government efficiency” when it was overseen by Elon Musk. The package targets foreign aid programs and the Corporation for Public Broadcasting, which provides money…
Coinbase on Thursday introduced its first branded credit card in partnership with American Express. The card will be available exclusively to U.S. members of Coinbase One, the cryptocurrency platform’s monthly subscription product that offers zero trading fees, increased staking rewards and other perks. Additionally, Coinbase is also creating a lower-cost “Basic” subscription tier. Cardholders will…
Zohran Mamdani, the democratic socialist state assemblyman waging a progressive bid to become mayor of New York City, has accused donors to the frontrunner Andrew Cuomo of “blatant Islamophobia” after a mailer from their Super Pac altered Mamdani’s image giving him a darker, bushier beard. Mamdani, 33, posted a closeup of his face as featured…
The long-term aspirational goal of the Paris Agreement on climate change is to cap global warming at 1.5 degrees Celsius above preindustrial levels, and thereby reduce the frequency and severity of floods, droughts, wildfires, and other extreme weather events. Achieving that goal will require a massive reduction in global carbon dioxide (CO2) emissions across all…
Adding a federal work requirement to Medicaid won’t root out “waste, fraud, and abuse” as many lawmakers are claiming—instead, the move will likely push eligible people out of their health coverage, says Harvard T.H. Chan School of Public Health’s Adrianna McIntyre. McIntyre, assistant professor of health policy and politics in the Department of Health Policy…
U.S. President Donald Trump walks with North American Flat-Rolled Segment Senior Vice President and Chief Manufacturing Officer Scott Buckiso, Plant manager of Irvin and Fairless Plant Donald German and Mon Valley Works United Steel Corporation Vice President Kurt Barshick, as he visits U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah…
Ministers must not “stumble into the trap of putting our towns and cities against each other”, Sadiq Khan will say, as he delivers a blistering attack on the Treasury’s decision to sideline London in this week’s spending review. In a state of London address, the capital’s mayor will urge ministers to stop treating investment as…
What has happened? An Air India passenger plane bound for London’s Gatwick airport with more than 240 people onboard has crashed shortly after takeoff from the north-western Indian city of Ahmedabad. ] Air India flight 171, a Boeing 787-8 (also known as a Dreamliner), issued a mayday call to air-traffic control after takeoff. According to…
