On Christmas Eve, Nicaragua's ruler, Daniel Ortega, proposed a new law that dramatically increases the state's control over private financial institutions, fundamentally altering the operations of the Central Bank of Nicaragua (BCN) and the Superintendency of Banks and Other Financial Institutions
The expiration of many provisions under the Tax Cuts and Jobs Act (TCJA) of 2017 in 2025 presents significant challenges and opportunities for U.S. tax reform. As lawmakers gear up for a contentious legislative year, the political dynamics, financial implications, and operational hurdles will play
The New Zealand Aid Programme is a cornerstone of New Zealand's foreign policy, focusing on development, education, and disaster resilience in the Pacific region. This initiative underscores New Zealand's commitment to sustainable development, regional stability, and economic growth among its
In a critical move to prevent a government shutdown, the United States Congress passed a stopgap spending bill early Saturday. The Senate's vote, which took place just after midnight, narrowly avoided a significant disruption in government operations. This legislation extends funding for most
President Trump's tax agenda has been a focal point of his economic policy, promising significant changes to the tax landscape. This article delves into the various components of his proposed tax actions, their potential costs, and their projected impact on taxpayers and the broader economy.
Since Russia’s extensive invasion of Ukraine, its economy has defied global expectations. Projections of a significant contraction, possibly reaching double digits, have instead been met with surprising growth: GDP grew by 3.6 percent in 2023, with a forecast of 4 percent growth for 2024. In raw
