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…
Peru proposes ‘new approach’ to mining to combat economic disparities, conflicts
LIMA (Reuters) – Peru’s government proposed on Friday “a new approach” for mining companies to end social gaps and avoid conflicts in the sector, a measure taken after several conflicts in the…
EU executive proposes eighth batch of sanctions against Russia
By Gabriela Baczynska, Sabine Siebold and Marine Strauss BRUSSELS (Reuters) -The European Union executive proposed on Wednesday an eighth round of sanctions against Russia over its invasion of Ukraine, including tighter trade…
Fox News Host Proposes ‘McDonald’s Index’ To Measure Big City Crime
Fox News Host Proposes ‘McDonald’s Index’ To Measure Big City Crime Harold Hutchison on September 16, 2022 “Fox & Friends Weekend” host Pete Hegseth suggested a new way to measure big-city crime…
Peru government proposes 9% budget increase for 2023
LIMA – The Peruvian government presented its 2023 budget plan to Congress Friday, proposing a 9% increase from this year’s initial budget to 215 billion soles ($55.93 billion). According to the proposal,…
Spanish ruling coalition proposes windfall tax on utilities and banks
By Christina Thykjaer and Jesús Aguado MADRID – Spain’s leftist ruling coalition introduced a draft bill on Thursday to create a temporary tax on banks and power utilities, aiming to raise 7…
Russia central bank proposes banning small investors from buying foreign shares
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russia’s central bank has proposed banning Russians with holdings worth less than $550,000…
Ben & Jerry’s proposes to mediate Israel dispute with parent Unilever
By Jonathan Stempel NEW YORK – Ben & Jerry’s and its parent, consumer products company Unilever Plc, plan to seek mediation over the disputed sale of the ice cream maker’s Israeli business…
Under-pressure care home firm Orpea proposes board shake-up
PARIS – French care home company Orpea, under pressure over its business practices and the way it runs its homes, on Sunday announced proposals to shake of its board of directors to…
UK government proposes VAT cut to ease pain of rising prices-The Times
(Reuters) -Britain has proposed a cut in value-added tax, or VAT, to help households with the cost of living, The Times reported on Thursday. Prime Minister Boris Johnson’s chief of staff Steve…
Texas proposes rules to ready natgas industry for weather emergencies
(Reuters) – The Texas Railroad Commission (RRC), which oversees the state’s oil and natural gas industries, approved a proposed weatherization rule to help protect Texans during emergencies that could occur any time…
China regulator proposes new rules to improve anti-monopoly governance
BEIJING – China’s market regulator published on Monday draft rules and provisions aimed at improving its ability to govern antitrust behaviour, as the country prepares to implement a revised anti-monopoly law in…
Developer Proposes to Build 550 Multi-family Units at Peddler’s Village Site
WALL TOWNSHIP, NJ – During the 1980s, it was the epitome of outlet shopping. Peddler’s Village, located at the Atlantic Avenue Circle was one of the premier shopping destinations at the Jersey…
UK proposes new trading system for developing countries
LONDON – British Prime Minister Boris Johnson will praise the benefits of free trade between Commonwealth countries on a visit to Rwanda on Thursday as he proposes a new system for boosting…
Exclusive – Czech finance ministry proposes beefed-up CEZ dividend
PRAGUE – The Czech Finance Ministry has proposed that state-controlled utility CEZ pays a dividend of 48 crowns per share this year, rather tyhan the 44 crowns proposed by the company’s board,…
Morgan Stanley proposes China board for multinational listings
SHANGHAI – The head of Morgan Stanley’s China securities business proposed the setting up of an international board in China to allow offshore-listed Chinese companies and foreign firms to list in the…
U.S. proposes standards for fast electric vehicle charging projects
By David Shepardson WASHINGTON – The U.S. Transportation Department (USDOT) on Thursday proposed minimum standards and requirements for electric vehicle (EV) charging projects funded under a $5 billion government program. The rules…
Argentina proposes ‘extraordinary income’ tax amid grains windfalls
BUENOS AIRES – Argentina’s government proposed a bill Monday to tax companies that earn “extraordinary income” from the war in Ukraine, a measure that would particularly affect the country’s grains industry. The…
Indonesia airline Garuda proposes another debt restructuring extension
JAKARTA – State-controlled carrier Garuda Indonesia has asked a Jakarta court to extend for the third time its deadline to complete its debt-restructuring process, its CEO said, as the verification of claims…
Brazil watchdog proposes approval of Pague Menos buy of Extrafarma
SAO PAULO – The technical body of Brazilian antitrust watchdog Cade has recommended the approval of the acquisition of pharmacy chain Extrafarma by rival Pague Menos, the company said on Monday. Cade’s…
Tata’s Air India proposes to buy AirAsia India
BENGALURU – Tata Group-owned Air India has proposed to buy the entire equity share capital of low cost carrier AirAsia India, in which Tata has a majority stake, to merge into a…
Chile’s Boric proposes restricted pension withdrawals, citing inflation
SANTIAGO -A new pension withdrawal in Chile was voted down by a congressional committee Tuesday night after President Gabriel Boric submitted a competing proposal hours earlier that cleared a vote in a…
Biden Budget Proposes $100 Million For ‘Racial’ Diversity In Schools
Biden Budget Proposes $100 Million For ‘Racial’ Diversity In Schools Kendall Tietz on March 31, 2022 President Joe Biden administration’s newly proposed $5.8 trillion federal budget includes massive spending increases for the…
EU proposes to create solidarity fund for Ukraine’s basic needs
AMSTERDAM – The European Union is considering creating a solidarity fund for Ukraine to help provide basic services in the country and meet citizens’ immediate needs, European Council President Charles Michel said…
Generali investor proposes naming insurer’s Austria chief as CEO
By Stefano Bernabei ROME – A leading Generali shareholder on Tuesday proposed naming the Italian insurer’s head of Austria as its new chief executive, in a challenge to the reappointment of Philippe…
Swiss gov’t proposes public liquidity backstop for big banks
ZURICH – The Swiss government wants to set up a new backstop allowing the provision of state-guaranteed cash should one of the country’s big banks fail, it said on Friday, as it…
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