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Tax cut deal may give jolt to economy
Washington – This week’s tax-cut compromise would contribute almost $1 trillion to the nation’s federal budget deficit over the next two years and add sharply to the mounting national debt, yet the U.S. Chamber of Commerce and mainstream economists cheered it. View full post on All Stories
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Ottawa Plans Spending Cuts To Give Economic Recovery A Big Push
AHN News Staff Ottawa, Ontario, Canada (AHN) – Ottawa is planning to put in place massive spending cuts in a bid to give Canada’s economic recover a big push. Federal Finance Minister Jim Flaherty was scheduled to outline the new economic policies in a speech Monday in Oakville, Ontario. Ahead of his speech, Flaherty hinted [...]
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Japan may give tax cuts for adding workers: report
LOS ANGELES (MarketWatch) — Japan’s Tax Commission is considering offering tax credits to companies which hire new workers, starting next fiscal year, according to a report Thursday. The Nikkei business daily reported that the commission would begin debate on the measure later in the day. One problem, however, involves how to confirm that a company [...]
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Contender for Israeli Labor Leadership Ready to Give Netanyahu Time
The Media Line Staff Tel Aviv, Israel (TML) – Isaac Herzog, who has declared his bid for leadership of Israel’s Labor Party, said the current political constellation had created a “golden opportunity” for reaching an Israeli-Palestinian peace agreement but that Labor won’t remain in the government for long if the government doesn’t act. Speaking before [...]