New Jersey Legislators Seek to Raise Minimum Age for Lottery Ticket Purchases
TRENTON, N.J. — A newly proposed bill in New Jersey aims to increase the minimum age for horse racing and lottery wagering from 18 to 21, aligning these activities with other gambling…
High debt EU countries should cut debt ratio by 1%/GDP a year minimum -Germany
By Jan Strupczewski BRUSSELS (Reuters) – Planned new European Union public debt rules should require governments of highly indebted countries to cut debt every year by at least 1% of GDP, a…
Minnesota’s 21-year age minimum for handgun carry permits struck down
By Brendan Pierson (Reuters) – A federal judge on Friday struck down a Minnesota law requiring a person to be at least 21 before obtaining a permit to carry a handgun in…
NZ banks operating above minimum regulatory requirements -central bank
(Reuters) – New Zealand’s central bank said on Friday all banks in the country were currently operating above its minimum regulatory requirements and that it was closely monitoring the turmoil in global…
US Treasury eyes effective hike in overseas corporate minimum tax to 21%
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday said it has proposed raising the effective minimum rate that U.S. corporations pay on overseas income to 21% from about 10.5% as it…
Biden Calls For ‘Minimum Tax’ On Billionaires
Biden Calls For ‘Minimum Tax’ On Billionaires John Hugh DeMastri on February 7, 2023 President Joe Biden described the U.S. tax system as “not fair” and called for Congress to pass a…
Brazil’s finance ministry to back minimum wage increase starting in May -sources
By Bernardo Caram BRASILIA (Reuters) – Brazil’s finance ministry sees room for leftist President Luiz Inacio Lula da Silva to raise the minimum wage as of May at a cost of up…
Committee Approves Singer Bill Establishing Minimum Reimbursement Rate for Traumatic Brain Injury Special Care Nursing Facilities
Legislation sponsored by Sen. Robert Singer that would establish a minimum reimbursement rate for brain injury services was advanced by the Senate Health, Human Services, and Senior Citizens Committee.…
Minimum wage in New Jersey is now $14.13
As of January 1st, the minimum wage for most workers in the state of New Jersey is $14.13 as the state target of $15 per hour nears. Although critics have argued the…
Colombia to hike minimum monthly wage by 16%
BOGOTA (Reuters) – Colombia’s minimum wage will increase by 16% in 2023, President Gustavo Petro said on Thursday, higher than the previous wage hike. The minimum wage will rise to 1.16 million…
Rampant Inflation Has Eroded New York City’s ‘Bold’ $15 Minimum Wage Hike
Rampant Inflation Has Eroded New York City’s ‘Bold’ $15 Minimum Wage Hike John Hugh DeMastri on November 14, 2022 Nearly four years after New York City’s minimum wage hit $15 per hour,…
Sunak to raise Britain’s minimum wage -The Times
(Reuters) – British Prime Minister Rishi Sunak will increase the national living wage and give 8 million households cost-of-living payments worth up to 1,100 pounds($1,292.61), The Times reported on Monday. Chancellor of…
UK’s Lloyds Bank offers UK staff 2,000 pounds minimum pay rise
By Iain Withers LONDON (Reuters) – Britain’s biggest domestic bank Lloyds has offered UK staff a minimum 2,000 pounds ($2,242) pay rise, a source with knowledge of the talks told Reuters, as…
FAA ends COVID minimum international flight waiver at NY, DC airports
WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said on Wednesday it is ending temporary waivers of minimum international flight requirements at some major U.S. airports first adopted in March 2020 due…
Farmer Boys To Raise Minimum Wage at California Company-Owned Restaurants to $15
Farmer Boys is raising the minimum pay for all California restaurant-level hourly team members, excluding general managers, in company-owned restaurants on August 30th, 2021. All Restaurant-Level Hourly Team Members Will Receive Minimum…
Polish PM flags higher minimum wage increases in 2023
WARSAW (Reuters) – Poland will raise the minimum wage twice next year and by more than previously planned, Prime Minister Mateusz Morawiecki said on Tuesday, as Poland’s ruling party prepares for parliamentary…
Germany ready to implement minimum corporate tax if no EU deal
PRAGUE (Reuters) – Germany is ready to implement a minimum corporate tax through national laws if the European Union cannot reach an agreement, its finance minister said on Friday, as his French…
Thailand to raise daily minimum wage by 5% from Oct 1 – official
BANGKOK (Reuters) – Thailand will raise the daily minimum wage by an average of 5.02% from Oct. 1, a labour ministry official said on Friday, as it seeks to help workers cope…
Proposed U.S. corporate tax hike won’t save global minimum tax deal
By David Lawder WASHINGTON – A corporate minimum tax in a congressional spending bill set for passage on Friday will not bring the United States into compliance with a separately negotiated 137-country…
Thailand plans to raise minimum wage by 5-8%
BANGKOK – Thailand plans to raise its mininum wage for the first time in more than two years, by 5% to 8% to help workers cope with the impact of the pandemic,…
Proposed U.S. corporate tax hike won’t save global minimum tax deal
By David Lawder WASHINGTON – A corporate minimum tax proposed this week in a congressional spending bill would not bring the United States into compliance with a separately negotiated 137-country deal for…
EU to adopt minimum corporate tax with or without Hungary, says France
PARIS – EU member states will adopt plans for a minimum corporate tax rate in the bloc in the coming months regardless of whether holdout nation Hungary backs the reform, French Finance…
Uber agrees to Australia minimum pay body after similar moves in Britain, Canada
By Byron Kaye SYDNEY – Uber Technologies Inc and Australia’s main transport union agreed on Tuesday to back a federal body that enforces minimum pay for the company’s drivers, joining a global…
Countries would implement minimum corporate tax to avoid revenue loss, says Yellen
TORONTO – U.S. Treasury Secretary Janet Yellen said on Monday that once some countries start implementing a global minimum tax on multi-national companies, other countries with a lower corporate tax rate would…
Hungary blocks EU clearance of minimum corporate tax
LUXEMBOURG – Hungary has emerged as a late opponent to a global agreement on a minimum corporate tax rate, likely forcing European Union finance ministers to delay a vote planned for Friday…
Hungary flags objections to EU implementation of global minimum tax
BUDAPEST – Hungary raised objections over the implementation of a global minimum tax in the European Union on Tuesday, saying it can only support a proposal that does not disadvantage firms operating…
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