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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
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Pete Reynolds
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The Hormuz Strait: a vital oil lifeline to the world

17 March 2026

Geography, energy, history, and power converge in the most consequential chokepoint of the global economy

Abdel-Rahman Ayas
AFP / Al Majalla
Politics

The US-Iran war is mainly good news for Russia

19 March 2026

Rising oil prices will boost the Kremlin's coffers as costs over Ukraine mount, but a total defeat of Iran could lead to the deployment of radar stations in the north, near Russia's border

Anton Mardasov
Matt Murphy
Business & Economy

The skyrocketing cost of Epic Fury

19 March 2026

From military spending to energy markets, the US-Israeli war on Iran is driving rising costs, with the Strait of Hormuz emerging as a central pressure point

Thuraya Shahin
Sara Gironi Carnevale
Politics

US public opinion is decisively shifting against Israel

20 March 2026

Until fairly recently, most Americans sided with Israel. These days, most side with the Palestinians. That will eventually influence US foreign policy.

Ramzy Ezzeldin Ramzy
A Palestinian volunteer works to rescue and restore damaged books and manuscripts inside the library of the Great Omari Mosque in Gaza City, on 26 February 2026.
 OMAR AL-QATTAA / AFP
Culture & Social Affairs

Cultural genocide: Israel's war on Palestinian memory

21 March 2026

By making Gaza unrecognisable, Israel aimed to sever an indigenous people from any physical or emotional connection to their homeland

Atef Abu Seif

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