Efforts to establish a coordinated global tax regime for tech giants and ultra-wealthy individuals are unraveling, as US President Donald Trump pulls back support and threatens new tariffs. The move has reopened transatlantic tensions and cast uncertainty over years of negotiations aimed at curbing tax avoidance and closing loopholes exploited by multinationals.Tech tax standoffOn February […]
American businessman Bashar Masri has been accused of directly helping Hamas in the October 7 attack. Palestinian-American businessman Bashar Masri, who was advising the Donald Trump administration until recently, resigned from his post in the dean’s council at Harvard University’s Kennedy School of Government after he was accused of directly helping the Hamas in building […]
Billionaire hedge fund manager Bill Ackman is pleading with President Trump to hit the brakes on sweeping new tariffs, warning that the global economy is teetering on the edge of a “self-induced economic nuclear winter.”In a lengthy post on X Sunday night, Ackman—once a vocal Trump backer—urged the president to call a temporary timeout.“The President […]
Warren Buffett has seen a major boost to his net worth this year, climbing by $12 billion to hit a total of $155 billion, as of April 2025.The legendary investor and Berkshire Hathaway boss was the only one among the world’s ten richest people to see his fortune grow in the past month.A $5 billion […]
Billionaire Howard Lutnick said his mother-in-law won’t scream and shout if she misses a Social Security check. Donald Trump’s commerce secretary Howard Lutnick who is a billionaire said those who complain about missing a monthly Social Security check are mostly fraudsters. He gave the example of his 94-year-old mother-in-law and said, “Let’s say Social Security […]
