Pardoned Jan. 6 rioter accused of threatening U.S. Democratic leader Jeffries
A Jan. 6 rioter who was pardoned by President Donald Trump has been charged with making terroristic threats after allegedly sending text messages that...
Brazil’s government on Tuesday unveiled a long-promised income tax reform aimed at exempting individuals earning up to 5,000 reais (approximately $881) per month from paying income tax.
Finance Minister Fernando Haddad described the bill as "balanced" in fiscal terms and a step toward achieving tax justice.
Under the proposal, the revenue gap created by the tax exemption for low-income earners would be offset by imposing new levies on high earners, as well as on profits and dividends sent abroad. The reform is designed to relieve the tax burden on the country’s lower-income population while ensuring that wealthier individuals and corporations contribute a fair share.
President Luiz Inácio Lula da Silva's government has consistently emphasized the need for reforms that promote social equity and stimulate economic growth. This income tax reform is a central element of the administration’s broader fiscal agenda, aiming to foster a more just tax system while maintaining fiscal balance.
Haddad’s statement comes as part of ongoing efforts to modernize Brazil’s tax structure and reduce income inequality. If implemented, the reform is expected to boost disposable income for millions of low-income Brazilians, potentially stimulating domestic consumption, while also generating additional revenue from the nation’s wealthiest sectors to sustain government spending and public services.
The proposal now moves to the legislative stage, where it will face debate and scrutiny in Congress. Lawmakers and economists will weigh its potential to drive economic growth against concerns about its impact on investment and competitiveness.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
President Donald Trump rejected a request from leading Democratic lawmakers to meet until the three-week-old U.S. government shutdown is brought to an end on Tuesday.
A Colombian court has overturned former President Álvaro Uribe’s convictions for fraud and bribery, halting a years-long legal saga that had made him the country’s first ex-leader to face criminal sentencing.
A Jan. 6 rioter who was pardoned by President Donald Trump has been charged with making terroristic threats after allegedly sending text messages that threatened to kill House Democratic Leader Hakeem Jeffries, according to a felony complaint filed in New York state court.
Netflix (NFLX) missed Wall Street third-quarter earnings targets due to an unexpected expense from a dispute with Brazilian tax authorities, though it offered a slightly stronger-than-expected forecast for the rest of the year.
Uzbekistan and Saudi Arabia have strengthened their strategic economic partnership with new projects in the capital’s development plan, including the construction of the ‘Riyadh Quarter’ in New Tashkent and the launch of a new international airport.
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