Pakistan ex-PM Imran Khan hit with new 14 year prison sentence

Pakistan ex-PM Imran Khan hit with new 14 year prison sentence

Pakistan’s former Prime Minister Imran Khan. Asif Hassan | Afp | Getty Images Pakistan’s embattled former Prime Minister Imran Khan was hit with a fresh 14-year jail sentence on Wednesday after a state court found him guilty of graft, just one day after being handed a 10-year term on a conviction of leaking state secrets. … Read more

IMF warns British government against more tax cuts

IMF warns British government against more tax cuts

British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year. Hannah Mckay | Reuters LONDON — The U.K. government should not introduce further tax cuts this year, the International Monetary Fund said Tuesday, as its chief economist argued the national budget needed the money for public services … Read more

Beijing intensifies military pressure on Taiwan as U.S.-China talks resume

Beijing intensifies military pressure on Taiwan as U.S.-China talks resume

The intensified military pressure comes as the U.S. and China are attempting to steer relations back on track after an icy couple of years. For example, at their meeting, Sullivan and Wang confirmed the plan to launch a collaborative U.S.-China “Counternarcotics Working Group” on Tuesday to address the fentanyl crisis. “Mr. Sullivan underscored during the … Read more

Oil tanker hit by missile in Gulf of Aden after transiting Red Sea

Oil tanker hit by missile in Gulf of Aden after transiting Red Sea

Children walk near a billboard bearing the image of targeting ships, on the day Yemen’s Houthi-run forces targeted an American ship in the Red Sea, on a street in Sana’a, Yemen, on Jan. 10, 2024. Mohammed Hamoud | Getty Images An oil tanker operated on behalf of Trafigura was struck by a missile on Friday … Read more

Saudi Arabia’s first alcohol store aims to tackle booze smuggling

Saudi Arabia’s first alcohol store aims to tackle booze smuggling

That hasn’t stopped alcohol from flowing into the kingdom over the years — it just happened behind closed doors. Foreign embassies are able to import alcohol under specified agreements with the Saudi government, while some have snuck booze into the kingdom in secure “diplomatic pouches” that can’t be inspected. From there, bottles are often sold … Read more

Netflix to stream WWE Raw starting next year

Netflix to stream WWE Raw starting next year

Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE’s flagship program Raw starting next year, in Netflix’s first major foray into live sports. The deal 10-year deal is valued at more than $5 billion, according to a person familiar with the matter. Netflix, which is trying to drive revenue … Read more

Tanker firms halt Red Sea traffic after U.S. strikes Houthi militants

Tanker firms halt Red Sea traffic after U.S. strikes Houthi militants

An Egyptian man sits and eats ice cream as he watches international cargo and tanker ships pass through the Suez canal Scott Nelson | Getty Images The companies are among the world’s largest operators of tankers for petroleum products such as gasoline, according to their websites. Stena Bulk also transports crude oil. “Considering these developments … Read more

TV show shows widest UK miscarriage of justice

TV show shows widest UK miscarriage of justice

Former subpostmasters celebrate outside the Royal Courts of Justice in London, on April 23, 2021, following a court ruling clearing subpostmasters of convictions for theft and false accounting. – Dozens of former subpostmasters, who were convicted of theft, fraud and false accounting because of the Post Office’s defective Horizon accounting system, have finally had their … Read more

IRS unveils employee retention credit ‘voluntary disclosure program’

IRS unveils employee retention credit ‘voluntary disclosure program’

IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands per employee, the employee retention tax credit, or … Read more

Biden touts minority small business wins as Latino approval sags

Biden touts minority small business wins as Latino approval sags

US President Joe Biden speaks about strengthening US ports and supply chains after the International Longshore and Warehouse Union and the Pacific Maritime Association finalized a new contract covering west coast ports, in the State Dining Room of the White House in Washington, DC, on September 6, 2023. Jim Watson | Afp | Getty Images … Read more