Bloomberg The Senate’s bipartisan infrastructure deal envisions imposing stricter rules on cryptocurrency investors to collect more taxes to fund a portion of the $550 billion investment into transportation and power systems. The provisions would raise an additional $28 billion from cryptocurrency transactions, according to a summary of the plan. The proposal would impose more rules on crypto brokers to report ...

ABU DHABI / WAM The development and relief aid provided by the UAE to Socotra Governorate since 2015 enabled the Archipelago to overcome its many challenges and dire humanitarian conditions and helped local authorities to improve life and livelihood of Soqotri people. The aid provided to the island from 2015 to 2021 amounted to $110 million, according to official reports, ...

GENEVA / WAM Trade in medical goods registered growth of 16.3 percent in 2020 — compared with 4.7 percent growth in 2019 when the Covid-19 pandemic was just starting, according to the World Trade Statistical Review 2021 issued by the World Trade Organisation (WTO). Exports of medical products, including medicines, medical equipment and PPE, rose by more than 16 percent, ...