June 8, 2025
Sydney 29

Donald Trump’s ‘One Big Beautiful Bill’: Who gains, who loses, and who pays the price?

At 1,116 pages long, Trump’s latest tax plan promises sweeping changes, but not everyone comes out on top. US President Donald Trump’s massive new tax proposal, titled the One Big Beautiful Bill Act, is making waves in Washington. The bill passed the House of Representatives by a razor-thin margin of 215–214 on Thursday.It now moves […]

‘People bet on football and divorces, why not Popes?’ Betting on next pontiff gains popularity ahead of conclave

When the College of Cardinals gathers beneath the frescoed ceiling of the Sistine Chapel on May 7, all eyes will be on the white smoke. But beyond the Vatican’s walls, eyes are also on the odds.For more than six centuries, betting on the papacy has been a strange, enduring tradition. While modern sportsbooks like FanDuel […]

Hard-right upstarts eye big gains in local UK polls

File photo: Nigel Farage, Leader of Reform UK RUNCORN: Britain’s hard-right anti-immigrant Reform UK party is seeking to prove it is a credible political force in local elections this week that will test the popularity of Labour Prime Minister Keir Starmer.Nigel Farage‘s upstart party is pushing to pick up scores of council and mayoral seats, […]

Asian shares plunge as US markets reverse gains, Japan’s Nikkei down 5.6%: 10 things to know

NEW DELHI: Asian markets on Friday slumped with Tokyo’s Nikkei 225 nosediving over 5.6% in early trade, as investors reacted to mounting fears that the US-China trade war is spiralling out of control. The fresh jitters come a day after Wall Street erased much of its historic rally, triggered earlier in the week by President […]

Canadian PM Mark Carney reverses capital gains tax hike to promote small business and investment growth

Canadian prime minister Mark Carney announced cancelling the proposed increase to the amount of capital gains subject to taxation. The move reversed a major element of the 2024 federal budget, to support small businesses and encourage private investment.“Cancelling the hike in capital gains tax will catalyze investment across our communities and incentivize builders, innovators and […]