Thursday , 18 December 2025

Recent Posts

Growing list of Democrats boycotting Trump inauguration

  WASHINGTON / AP More than 40 House Democrats plan to boycott President-elect Donald Trump’s inauguration on Friday, casting the Republican businessman as a threat to democracy. Reps. Steve Cohen of Tennessee, Jerrold Nadler of New York and Don Beyer of Virginia on Monday joined a growing list of lawmakers who will not attend Trump’s swearing-in at the US Capitol. The …

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May’s Brexit was always going to be hard

  In February 2015, economists at HSBC Holdings in London coined the terms “hard” and “soft” Brexit. The latter would maintain “much of the status quo” if the UK voted to quit the European Union; the former entailed “huge risk and would be operationally complicated.” Even just after the Brexit vote, you could be forgiven for seeing the hard option …

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This crazy Indian tax on foreign funds will backfire

  How do you celebrate the fifth anniversary of a colossal mistake? For India’s tax department, the answer has to be: Make a new one that’s a thousand times worse, then sit back and enjoy the fun. There can be no other explanation for the “clarifications” the authorities issued before Christmas, instructing fund managers to withhold and pay taxes when …

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