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Why a proposed capital gains tax could mean tax cuts for most New Zealanders

Mar 06, 2019 14:10 pm UTC| Insights & Views Law

As part of a major review of New Zealands tax system, the governments Tax Working Group recommended a comprehensive capital gains tax. New Zealand is one of few countries without a capital gains tax, and the proposal has...

Berlin's grassroots plan to renationalise up to 200,000 ex-council homes from corporate landlords

Mar 06, 2019 14:09 pm UTC| Insights & Views Law Real Estate

In major cities throughout the world, the price of housing is on the rise: in 2017 alone, prices leaped by 20.5% in Berlin, 16% in Vancouver and 14.8% in Hong Kong. As rents keep going up, activists in Berlin are...

America's schools are crumbling – what will it take to fix them?

Mar 06, 2019 14:07 pm UTC| Insights & Views Law

When I was asked to support a federal lawsuit that says Detroits deteriorating schools were having a negative impact on students ability to learn, the decision was a no-brainer. Detroits schools are so old and raggedy...

#MeToo whistleblowing is upending century-old legal precedent demanding loyalty to the boss

Mar 06, 2019 14:04 pm UTC| Insights & Views Law

When was the last time you agreed to keep a secret? Perhaps it was a personal confidence shared by a close family member or friend. Or it might have been in a contract with your employer to safeguard confidential...

Media companies on notice over traumatised journalists after landmark court decision

Mar 06, 2019 13:54 pm UTC| Insights & Views Law

A landmark ruling by an Australian court is expected to have international consequences for newsrooms, with media companies on notice they face large compensation claims if they fail to take care of journalists who...

NHS to banish pagers from its hospitals – but is this a rash act?

Mar 04, 2019 13:17 pm UTC| Insights & Views Law

Remember pagers? Simple devices, they were used fairly widely before the advent of mobile phones and SMS messaging. If you had a pager, you could receive simple messages, but you couldnt reply. One of the few places you...

Regulations needed after cryptocurrency CEO takes passwords to his grave

Mar 04, 2019 13:01 pm UTC| Insights & Views Law

A high-stakes legal drama featuring cryptocurrencies has been unfolding in a Canadian court recently. The antics that led to the litigation almost defy credulity, and they highlight the need for new regulations to...

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Economy

Cuba Power Grid Collapse Triggers Nationwide Blackout Amid Deepening Energy Crisis

Cuba began gradually restoring electricity on Monday after the countrys national power grid suffered another major collapse, leaving millions without electricity and worsening an already severe energy crisis driven by fuel...

Asia Stocks Fall as Samsung Earnings Fail to Ease AI Valuation Concerns

Asian stock markets declined on Tuesday as investors questioned whether future earnings can justify lofty artificial intelligence (AI) valuations, triggering a broad selloff in semiconductor stocks despite Samsung...

China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share

Chinas smartphone sales fell 13% year-over-year during the 2026 618 shopping festival as rising handset prices and weaker discounts discouraged buyers, according to Counterpoint Research. The annual month-long shopping...

Oil Prices Rise as Strait of Hormuz Risks Offset OPEC+ Supply Increase

Oil prices edged higher on Tuesday as renewed security concerns in the Strait of Hormuz balanced expectations of increased global crude supply following Saudi Arabias price cuts for Asian buyers and OPEC+s latest...

US Stock Futures Slip as Fed Minutes, Earnings Season Take Center Stage

U.S. stock futures traded slightly lower late Monday after Wall Street began the week with solid gains led by technology and semiconductor stocks. Investors are now shifting their attention to the Federal Reserves upcoming...

Politics

Trump May Reopen F-35 Program Access for Turkey Ahead of NATO Summit

U.S. President Donald Trump is expected to tell Turkish President Recep Tayyip Erdogan that his administration is prepared to allow Turkey to rejoin the F-35 stealth fighter program, according to a New York Times report...

FIFA Defends Balogun Ban Suspension After Trump Praise Sparks World Cup Controversy

FIFA President Gianni Infantino defended the organizations disciplinary process after U.S. President Donald Trump praised the decision to suspend U.S. striker Folarin Baloguns World Cup red-card ban, a move that has...

Australia, Solomon Islands Strengthen Ties After China’s Pacific Missile Test

Australia and the Solomon Islands have pledged to deepen their bilateral partnership by advancing negotiations on a new comprehensive treaty, a move that comes just one day after China conducted an intercontinental...

NATO Leaders to Unveil Multi-Billion-Dollar Defense Deals Ahead of Trump Summit in Ankara

NATO leaders are set to announce defense agreements worth tens of billions of dollars in Ankara on Tuesday, underscoring Europes commitment to increasing military spending ahead of a high-profile summit with U.S. President...

Trump Says Ukraine Peace Deal Is Closer Ahead of NATO Summit Talks

U.S. President Donald Trump said a resolution to the Russia-Ukraine war may be closer than many believe as he prepares to discuss the conflict during this weeks NATO summit in Ankara, where he is expected to meet Ukrainian...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Meta Says States Seek $1.4 Trillion in Penalties Over Teen Social Media Addiction Lawsuit

Meta Platforms has revealed that four U.S. states are seeking approximately $1.4 trillion in potential penalties in a lawsuit accusing the company of designing Facebook and Instagram to addict young users while misleading...

Samsung Q2 Profit Hits Record on AI Memory Boom as Shares Tumble

Samsung Electronics (KS:005930) forecast record-breaking second-quarter earnings on Tuesday, driven by surging demand for artificial intelligence (AI) memory chips. Despite posting stronger-than-expected operating profit,...

LG Energy Solution Q2 Profit Plunges 77% Despite Revenue Growth on Weak EV Demand

LG Energy Solution (KS:373220) expects its second-quarter operating profit to plunge 77% from a year earlier as slowing global electric vehicle (EV) demand continues to pressure the battery industry, despite reporting...

WiseTech Global Shares Surge as Richard White Steps Down as Executive Chair

WiseTech Global shares jumped more than 10% on Tuesday after the Australian logistics software company announced that co-founder Richard White had stepped down as executive chair with immediate effect. Independent director...

Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone

Bank of America upgraded T-Mobile US (NASDAQ: TMUS) to Buy from Neutral on Monday, arguing that the recent selloff in telecom stocks has created an attractive buying opportunity and that investors are overstating the...
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