Is it a giveaway to the rich or a relief for the middle class? A boon for business or unnecessary stimulus for an economy already at full employment?
The sweeping tax reform package adopted by a slim margin of 51-49 early Saturday by the Republican-controlled Senate has sparked fierce debate among economists.
It also has yet to be reconciled withRead more
House Republicans delivered a first-step victory Thursday to President Donald Trump by passing a landmark tax overhaul, but the debate now shifts to the Senate, where a narrower path to success awaits.
Trump had rallied his party footsoldiers barely an hour earlier in the US Capitol, leaning on them to advance the sweeping tax cuts for corporations and individuals asRead more
House Republicans delivered a first-step victory Thursday to President Donald Trump by passing a landmark tax overhaul, but the debate now shifts to the Senate, where a narrower path to success awaits.
Trump had rallied his party footsoldiers barely an hour earlier in the US Capitol, leaning on them to advance the sweeping tax cuts for corporations and individuals asRead more
MP Mohammed al-Masoud, a member of the Egyptian House of Representatives, from the Bulaq Abu El-Ela district, made an urgent statement to Dr. Ali Abdel Aal, Speaker of the Parliament, warning of the establishment of the third subway line passes through Zamalek Island.
He added that the danger lies in the street of Ismail Mohamed, because of the construction ofRead more
Local media reported sources from the dialogue committee of the House of Representatives (HoR) as saying that the UNSMIL's Head Ghassan Salame met with the Heads of the HoR and High Council of State's (HCS) committees Faraj Mousa and Abdelsalam Nasiya.
The sources added that the UNSMIL presented via Salame new ideas for them to ponder upon to resume theRead more
Egyptian MP Hassan al-Sayyid, member of the Economic Affairs Committee of the Egyptian House of Representatives, welcomed the announcement by the Ministry of Supply and Internal Trade of its intention to issue a decision for the coming period.
He added, “This decision, if implemented in an integrated manner, will contribute to reducing the exploitation of traders to the consumer, andRead more
Khalifa Hafter’s reported refusal to go to Saturday’s meeting of other Libyan political leaders in Brazzaville will have frustrated Congo-Brazzaville President Denis Sassou Nguesso who heads the African Union’s (AU) Libya committee.
Since the committee’s four-day mission to Libya in June, Nguesso has been trying to organise a meeting of all Libya’s leading players. This will be the third AU mini summitRead more
Egyptian parliamentarian Hassan Al Sayed said that the Egyptian government will take serious steps to increase the prices of commodities during the coming month of July, saying that the parliament will take serious measures to suspend this step as soon as possible. He stressed that the parliament cannot force the government to abandon its decision.
The Parliament's inability to confrontRead more
The Japanese ambassador to Baghdad, Fumio Iwai, warned that the efforts of his country may be in vain in Iraq, if the federal government does not take the necessary measures to fulfill its responsibility towards the Japanese loan.
This came during the presence of the ambassador in a ceremony of completion of the project "Development of the telecommunications network ofRead more
Iraq's intelligence service announced on Thursday that it had dismantled a cell in Baghdad and foiled dozens of suicide bombings in the Iraqi capital, while the House of Representatives postponed a vote on a bill to amend the amnesty law. The Iraqi intelligence said in a statement issued on Thursday that the cell that was dismantled had previously carried outRead more