Europe prepared to impose sanctions if there is no ceasefire following Istanbul discussions.
European leaders are considering implementing further sanctions against Russia. They’re set to discuss this in Türkiye on Thursday, although a ceasefire seems unlikely. French President Emmanuel Macron indicated that Europe is prepared to act if Moscow doesn’t agree, suggesting new sanctions will follow a 30-day ceasefire. German Prime Minister Friedrich Merz also warned that without […]
Will the IRS impose taxes on Pope Leo XIV’s Vatican residence?
What happens when the tax man comes for the Pope? With the election of Prevart F. Prevast of Chicago as Pope Leo XIV, America now has its first Pope, and Chicagoans can claim a stake in the Vatican. While Catholics across the globe ponder spiritual matters, tax lawyers are focused on a different question. Will […]
UN Watch calls on Rubio to impose sanctions on ‘pro-Hamas’ UN Special Rapporteur Albanese
Exclusive – The UN Watchdog organization is urging Secretary of State Marco Rubio to take measures against appointees of international agencies, with their second term starting on May 1. In a letter directed to Rubio, Hillel Neuer, the Executive Director of UN Watch, suggests that the U.S. government should impose sanctions and deny entry and […]
Trump unveils plan to impose levies on Chinese ships docking at US ports as trade war escalates
The Trump administration announced new plans on Thursday Taxation on Chinese ships docking at US ports – Potentially escalating tensions in an ongoing trade dispute between the two largest economies of the world. Under the proposal It was announced by the US Trade Representativecharges will be charged on all Chinese-owned or built vessels docking in […]
US begins inquiry into pharmaceutical and chip imports in bid to impose tariffs | Trump administration
The Trump administration has launched an investigation into drug and semiconductor imports as part of its bid to impose tariffs on both sectors for national security reasons, a notice posted Monday showed. The submission, scheduled to be published on Wednesday, marks the 21-day deadline from that date for submission of public comments on the issue, […]
Israeli troops return to Gaza City, impose blocade
Israeli forces again imposed a blockade of Gaza's northern capital on Thursday. Israel also continued to fire Gaza, killing 85 Palestinians from Wednesday to Thursday, according to the Gaza Health Ministry in Hamaslan. Israel maintained its lockdown in Gaza city for much of the war before the January ceasefire that collapsed earlier this week. The […]
Trump plans to impose new US tariffs on countries with value-added taxes
President Trump announced on Saturday that other countries' Value Added Tax systems will be treated like tariffs, including in his new plan to impose US taxes. “We consider countries that use the VAT system, which is much more punitive than tariffs, to be similar to countries with tariffs.” Trump said in a post about the […]
Egg shortages force some grocery stores to impose limits
Due to a lack of eggs, some retailers across the country have set limits on the number of cartons that customers can purchase at once. Discount grocery store Lidl told a New York news outlet that eggs from certain brands sold in stores are limited to two dozen per customer. “At this point, there are […]
White House to impose tariffs on Mexico, Canada and China due to ‘invasion of illegal fentanyl’
White House's spokeswoman Caroline Lebit has confirmed that President Donald Trump will perform tariffs in Mexico, Canada and China from Saturday. In his campaign, Trump's economic plan has called for extending tax cuts in 2017 and imposing tariffs from 10 % to 20 % of all imports. In countries like China, the number can reach […]
Sen. Moreno to Introduce Legislation to Impose Sanctions on Colombia
Sen. Bernie Moreno (R-OH) announced he would introduce legislation to impose new sanctions on Colombia after Colombian President Gustavo Petro refused to accept two deportation flights from the United States. “This week, I will introduce legislation that would impose new sanctions on Colombia for denying @realdonaldtrump’s immigrant deportation flight,” Moreno wrote “Proud to have my […]