Governor Murphy Proposes 10% Alcohol Tax Hike to Boost New Jersey Revenue
Trenton, NJ—New Jersey Governor Phil Murphy has proposed raising the state’s alcoholic beverage tax by 10%, a move aimed at generating an additional $18.5 million in revenue for the fiscal year 2026…
Colombia proposes 502.6 trillion pesos 2024 budget
BOGOTA (Reuters) – Colombia’s government on Saturday presented a budget proposal worth 502.6 trillion pesos ($127.8 billion) for 2024 to Congress, 19% greater than this year, the Finance Ministry said, an amount…
South Korea proposes tax cuts to stimulate corporate investment, childbirth
By Jihoon Lee SEOUL (Reuters) – South Korea on Thursday proposed tax cuts to encourage companies to shift operations back home and nurture the biopharmaceutical and visual entertainment industries, to stimulate domestic…
Biden Admin Proposes New Rule To Jack Up Prices For Oil And Gas Leases
Biden Admin Proposes New Rule To Jack Up Prices For Oil And Gas Leases Nick Pope on July 21, 2023 The Biden administration unveiled a new oil and gas leasing rule proposal…
House Committee Budget Proposes Another Million Dollars To Fight Global Antisemitism
House Committee Budget Proposes Another Million Dollars To Fight Global Antisemitism Kate Anderson on July 12, 2023 The House Appropriations Committee proposed Tuesday to add $1 million in funding for the State…
Canada regulator proposes banks hold more capital to tackle mortgage risks
(Reuters) -Canada’s banking regulator on Tuesday proposed changes to capital adequacy guidelines that would require lenders and mortgage insurers to hold more funds to better manage risks from a sharp rise in…
Glencore proposes to buy remaining stake of PolyMet
(Reuters) – Glencore Plc said on Monday it had proposed to buy the remaining stake in copper miner PolyMet Mining it does not already own for about $71 million. The Swiss commodity…
EU proposes payments sector shake-up to boost fintechs
By Huw Jones LONDON (Reuters) -The European Union on Wednesday proposed making the payments sector more competitive, giving legal backing to a digital euro, and preserving the role of cash as fewer…
Mexico proposes handing control of capital airport to its navy
By Kylie Madry MEXICO CITY (Reuters) – Mexico is likely to hand over control of the capital’s main airport – the busiest in the country – to its navy, according to a…
PE firm Carlyle to sell stake in India’s Delhivery for at least $86 million
BENGALURU (Reuters) – Private equity firm Carlyle plans to sell its entire 2.53% stake in Indian logistics firm Delhivery via its special purpose vehicle for at least $86 million, according to a…
US FCC proposes to force cable TV operators to disclose full pricing
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Communications Commission (FCC) on Tuesday proposed a rule that would require cable TV and broadcast satellite operators to disclose to consumers the full…
EU exec proposes new withholding tax rules to attract investors
By Jan Strupczewski BRUSSELS (Reuters) – The European Commission on Monday proposed changes to the way investors pay withholding tax in the European Union, to attract more cross-border trade in securities and…
Gavin Newsom Proposes A New Constitutional Amendment To Crack Down On Gun Rights
Gavin Newsom Proposes A New Constitutional Amendment To Crack Down On Gun Rights Mia Hernandez on June 8, 2023 California Gov. Gavin Newsom on Thursday proposed adding an additional Constitutional amendment aimed…
Bill Proposes Increased Penalties for Assaults on Law Enforcement in New Jersey
TRENTON, N.J. – On Monday, New Jersey Assemblyman Alex Sauickie advanced a bill proposing increased penalties for assaults on law enforcement officers. The proposed legislation, A4697, cleared the Assembly Law and Public…
India regulator proposes curbs on derivative-linked share moves
MUMBAI (Reuters) – India’s market regulator proposed measures to contain extreme price movements in shares on which futures and options trade, including longer trading suspensions and restricting price movements. The Securities and…
US proposes new checks on land sales to foreigners near military bases
WASHINGTON (Reuters) – Buying land near eight U.S. military bases could become more difficult for foreign companies and citizens under a Treasury Department rule proposed by the Biden administration on Friday. The…
Florida Lawmaker Proposes Amendment To Clarify Resign To Run, Opens Door For Ron DeSantis
Florida Lawmaker Proposes Amendment To Clarify Resign To Run, Opens Door For Ron DeSantis Mary Lou Masters on April 25, 2023 A Florida lawmaker filed an amendment to an elections shell bill Tuesday…
Kevin McCarthy Proposes $1.5 Trillion Debt-Limit Increase with Large Spending Cuts
Kevin McCarthy Proposes $1.5 Trillion Debt-Limit Increase with Large Spending Cuts Arjun Singh on April 19, 2023 House Speaker Kevin McCarthy released a long-awaited budget proposal Wednesday, which raises the U.S. debt…
Brazil proposes zero primary budget deficit in 2024, conditions expenditures to new fiscal rules
BRASILIA (Reuters) – Brazil’s Planning Ministry announced on Friday a zero primary deficit target for 2024, but stated that 172 billion reais ($35.03 billion) in government spending depends on the approval of…
Biden Admin Proposes Rule To Obstruct States’ Abortion Investigations
Biden Admin Proposes Rule To Obstruct States’ Abortion Investigations Katelynn Richardson on April 12, 2023 The Biden administration announced new actions Wednesday to protect abortion access and patient privacy, including a new…
Danish government proposes tight spending to fight inflation
COPENHAGEN (Reuters) -Denmark’s government on Thursday proposed tightening public spending to try to ease inflation as it predicted prices would rise 3.9% this year. “The most important aim of this finance bill…
India proposes additional net expenditure of 1.48 trillion rupees for 2022/23
NEW DELHI (Reuters) – The Indian government has proposed an additional net expenditure of 1.48 trillion rupees ($18.06 billion) for the fiscal year ending this month, a government statement said on Monday.…
Biden’s Budget Proposes Massive Funding Increase For Federal Crackdown On Guns
Biden’s Budget Proposes Massive Funding Increase For Federal Crackdown On Guns Bronson Winslow on March 9, 2023 President Joe Biden’s proposed budget for fiscal year 2024 proposes increasing funding to the FBI,…
Biden Proposes Increasing ‘Critical Aid’ To Palestinians Despite Growing Concerns Of Funding Terrorism
Biden Proposes Increasing ‘Critical Aid’ To Palestinians Despite Growing Concerns Of Funding Terrorism Kate Anderson on March 9, 2023 President Joe Biden released his proposed budget Thursday for the 2024 fiscal year…
Biden EPA Proposes New ‘Wastewater’ Regulations To Kill Off Coal Plants
Biden EPA Proposes New ‘Wastewater’ Regulations To Kill Off Coal Plants John Hugh DeMastri on March 8, 2023 The Biden administration proposed new rules that would impose stricter limits on the wastewater…
Americanas proposes $1.9 billion for creditors from top shareholders
SAO PAULO (Reuters) – Bankrupt Brazilian retailer Americanas SA said on Tuesday it has offered a capital injection to its creditors of 10 billion reais ($1.93 billion) which would come from top…
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