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  • Politics
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  • tax

U.S. President Donald Trump departs on travel to West Point, New York from the South Lawn at the White House in Washington, U.S., December 12, 2020. REUTERS/Cheriss May

Trump Paid no Income Tax in 2020, Reported Losses in Office, Records Show

Donald Trump paid no income tax during the final full year of his presidency as he reported a loss from his sprawling business interests, according to tax figures released by a congressional panel. …

21 December 2022
Britain's Chancellor Jeremy Hunt leaves 11 Downing Street to attend Parliament in London, Thursday, Nov. 17, 2022. Just three weeks after taking office, British Prime Minister Rishi Sunak faces the challenge of balancing the nation's budget while helping millions of people slammed by a cost-of-living crisis. Treasury chief Jeremy Hunt will deliver the government's plan for tackling a sputtering economy in a speech to the House of Commons on Thursday. (AP Photo/Alastair Grant)

UK Budget Takeaways: Higher Taxes, More Aid To Needy

The British government unveiled an emergency budget featuring billions in tax increases in a bid to restore trust and stability in the U.K. economy and help millions struggling to cope with a…

AP 17 November 2022
British Prime minister Rishi Sunak speaks during Prime Minister's weekly question time debate, at the House of Commons in London, Britain, November 2, 2022. UK Parliament/Jessica Taylor/Handout via REUTERS

UK To Extend Windfall Taxes On Energy Firms -The Times

British Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt are planning to extend windfall taxes on oil and gas companies to raise nearly 40 billion pounds ($45.55 billion) over…

02 November 2022
Commuters walk across London Bridge toward the financial district, in London, Britain, September 26, 2022. REUTERS/Peter Nicholls/File Photo

UK Faces Tax Rises As Well As Spending Cuts - Treasury Source

Everyone in Briton will need to pay more in tax in the coming years to fix a hole in public finances, a source in the finance ministry said on Monday, following a meeting between Prime Minister Rishi…

31 October 2022
British Prime Minister Liz Truss looks on as she speaks to the media at the Empire State building in New York, U.S., September 20, 2022. REUTERS/Toby Melville/Pool/File Photo

Liz Truss Says Sorry, Faces Deep Spending Cuts To Balance Books

Prime Minister Liz Truss apologized for threatening Britain's economic stability after she was forced to scrap her vast tax-cutting plans and embark on a program of "eye-watering" public spending…

18 October 2022
New Chancellor of the Exchequer Jeremy Hunt leaves 10 Downing Street in London, Britain, October 14, 2022. REUTERS/Henry Nicholls/File Photo

New UK Finance Minister Hunt Scraps Tax Cuts, Reins in Energy Support

New finance minister Jeremy Hunt scrapped Prime Minister Liz Truss's economic plan and scaled back her vast energy subsidy on Monday, launching one of the biggest U-turns in British fiscal policy to…

17 October 2022
A Saudi national wearing a face mask gets his passport from a Saudi Immigration officer, at the King Khalid International Airport, in Riyadh, Saudi Arabia, May 16, 2021. (File photo: Reuters)

Saudi Government Agencies Grow More Business-Like

“A few weeks ago, there was a miscommunication with the Zakat, Tax and Customs Authority (ZTCA) regarding my company’s tax return, which led to a problem with the authority. I called the point of…

Motasem Al Felou 27 August 2021
  • Popular
  • Editor's Pick
Ewan White
Politics

Did Trump's war on Iran make nuclear proliferation more likely?

11 May 2026

Many US allies across the world are now questioning America's ability and will to protect them, making the prospect of a nuclear deterrent more appealing

Christopher Phillips
A container ship is seen at berth at the container terminal of the port in Qingdao, in China’s eastern Shandong province, on 2 April 2026. AFP
Business & Economy

The US-Iran war has forced a global trade rethink

06 May 2026

There is now a growing recognition that over-reliance on a single corridor or supplier is no longer feasible. While this may worry some, it is a chance for others.

Abdulfattah Khattab
Al Majalla
Politics

Farage emerges as viable PM contender amid Labour losses

11 May 2026

Labour's disastrous showing in the local elections and gains made by the Reform party have sparked calls for Starmer to step down, but he remains defiant

Con Coughlin
Festival General Delegate Thierry Fremaux speaks in front of the Cannes Festival official poster from the movie "Thelma & Louise" during a press conference in Cannes, France, on 11 May 2026. REUTERS/Sarah Meyssonnier
Culture & Social Affairs

Cinema's changing face on display at Cannes

11 May 2026

This year, the renowned film festival appears to be addressing a world where films are made and consumed differently, while maintaining its legacy as the world's foremost arena for art cinema

Firas Al-Madi
Lebanese President Joseph Aoun and Egyptian President Abdel Fattah al-Sisi on the day of the EU Leaders and Regional Partners Summit in Nicosia, Cyprus, on 24 April 2026.
 Reuters
Politics

Are Lebanon-Israel talks a mistake? The view from Cairo

11 May 2026

Egyptian officials believe US-Israeli pressure to rapidly disarm Hezbollah could backfire and plunge Lebanon into a new civil war

Amr Emam

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OPINIONS

Iran, Taiwan set to dominate Trump-Xi talks

Fares Garabet
Fares Garabet

Is it the end of the two-party system in the UK?

Con Coughlin
Con Coughlin

Call to arms: carmakers pivot to weapons manufacturing

Nazareth Seferian
Nazareth Seferian

Continuity trumps reform in Syria's cabinet reshuffle

Haid Haid
Haid Haid
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