Hungary Blocks Biden’s Global Tax Plan In European Union
Hungary has blocked the introduction of U.S. President Joe Biden’s proposed global minimum corporate of 15 percent in the European Union. The EU member state says the Biden tax would undermine its competitive edge in the region as Hungary has the bloc’…
Fed hikes rates by 0.75 percentage point, biggest increase since 1994
The Federal Reserve approved the largest hike to its benchmark interest rate since 1994 on Wednesday as officials frantically seek to tamp down the decades-high inflation hitting household budgets.
Trump Calls Capitol Inquiry ‘Kangaroo Court’
Former U.S. President Donald Trump has condemned the congressional inquiry into last year’s attack on the Capitol, saying it resembled a “Kangaroo Court” and “a mockery of justice.”
France’s President May Lose Parliament Majority
French President Emmanuel Macron faced a setback Monday, with official results showing he may lose his outright majority in Parliament following a left-wing challenge in Sunday’s elections.
Fed likely to boost interest rates by three-quarters of a point this week
Markets are beginning to anticipate an even faster pace of interest rate hikes, and Federal Reserve officials apparently are contemplating the possibility as well.
Idaho Satanic Temple drops out of ‘family-friendly’ Pride Month event after offering ‘unbaptisms’
The Idaho chapter of The Satanic Temple (TST) withdrew from a Pride Month event for families and children after other sponsors dropped out following local news reports on the temple’s intention to offer renunciations of Christian baptisms.
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