A Renewed Push for Tax Reform President Donald Trump has announced plans to eliminate the carried interest tax loophole, a provision that allows private equity and hedge fund managers to pay lower tax rates on their earnings. The proposal is…
A Major Fiscal Milestone Amid Political Tensions The French government has successfully passed the 2025 national budget, overcoming a political hurdle that almost led to a no-confidence vote. The budget introduces €50 billion in tax hikes and spending cuts, aiming…
Sweden’s economy has officially entered a recession, according to the Swedish Ministry of Finance. Despite this downturn, new forecasts suggest a recovery may be on the horizon. The government has announced SEK 60 billion in economic reforms in its upcoming…
A Deepening Employment Crisis Summary: The UK labor market is undergoing a historic downturn, with job losses accelerating at the fastest pace since the 2008 financial crisis. January 2025 saw mass layoffs across multiple sectors, despite marginal economic growth. The…
A Strategic Shift for Growth and Shareholder Value Summary: Honeywell International has unveiled plans to split into three separate publicly traded companies, marking a significant restructuring move aimed at sharpening strategic focus and unlocking shareholder value. The division will result…
A Period of Transition in the Financial Sector Summary: The global financial sector is undergoing a significant wave of leadership changes, with key executives stepping down or being reassigned across major institutions. One of the most notable departures is Oliver…
A Welcome Relief for Homeowners Summary: In a move to support the UK economy, the Bank of England (BoE) has lowered its base interest rate to 4.5%, prompting major lenders to cut mortgage rates. Banks including Barclays, HSBC, and Nationwide…
The uncertainty surrounding US trade policy post-Trump is partly to blame for Germany’s economic slowdown, said Economy Minister Robert Habeck on Wednesday 🇩🇪. The German government has revised its 2025 economic growth forecast down to just 0.3%, a significant drop…
SoftBank is reportedly in talks to invest between $15 billion and $25 billion in OpenAI, potentially becoming its largest investor, surpassing Microsoft. This would be in addition to SoftBank’s recent commitment to The Stargate Project, a joint venture aimed at…