Shast Bandari, Afghanistan — AFP Chinese engineers and the Taliban government broke ground in Afghanistan on a project to mine the world’s second-largest copper deposit after a 16-year delay caused by war. Surveyors estimate Mes Aynak, 40 kilometres southeast of Kabul, contains 11.5 million tonnes of copper ore, a vital electronics...
As heatwaves scorch the United States, low-income Americans face a growing risk of power shutoffs due to unpaid utility bills, worsened by inadequate state protections. A new report from the Center for Energy Poverty and Climate and the National Energy Assistance Directors Association has highlighted the issue. It noted that as many as 31 stat...
Senator Bernie Sanders unveiled a damning report revealing hazardous working conditions at Amazon warehouses, particularly during peak sales events like Prime Day. The investigation highlights that more than 10% of Amazon’s US warehouse staff suffered injuries requiring federal disclosure during Prime Day 2019. Internal records show tha...
Karachi, Pakistan — AFP Pakistan’s tax authority has blocked 210,000 SIM cards of users who have not filed tax returns in a bid to widen the revenue bracket. Only 5.2 million people of the more than 240 million population filed income tax returns in 2022. The Federal Board of Revenue (FBR) passed the edict in […]
London, United Kingdom – AFP Britain’s new Labour government has pledged immediate action to grow the economy after clinching a landslide election victory to oust the Conservatives, but its task could be hampered by strained state finances following huge Covid expenditures. The centre-left Labour administration led by Prime Ministe...
President Joe Biden’s administration is extending overtime protections to 1 million more workers making less than $44,000 a year. The White House said in a statement the next year overtime protections will be extended to another 3 million workers, while the overtime threshold will be raised to $58,656. Biden said Republicans side with bi...
CAIRO (AA) – Egyptian Prime Minister Mostafa Madbouly has announced that his country has signed 35 agreements and memoranda of understanding worth €67.7 billion ($72.4 billion) with European companies and institutions. Madbouly was speaking at the conclusion of the Egyptian-European Investment Conference in Cairo. The conference, held Sa...
Sen. Bernie Sanders has praised the Consumer Financial Protection Bureau’s (CFPB) forthcoming rules to exclude medical debt from credit reports. He called the move “an important step in the right direction.” Sanders criticized the current system where families face evictions and wage garnishments due to medical debt, despite the health c...
Republicans are poised to repeat their 2017 tax bill if Donald Trump wins in November’s presidential election, according to The Washington Post. The plan includes not only extending Trump’s tax cuts but also further reducing corporate rates. The move could add $1 trillion to the national debt over a decade. Despite President Joe Biden&#...
Higher prices are still the top financial concern for most Americans despite the moderating pace of inflation. According to a survey by the Federal Reserve, 65% of adults said changes in the prices they paid compared with the prior year had made their financial situation worse. Nineteen percent said price changes made their financial situation...
