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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
Mark Smith
Politics

Mojtaba Khamenei: Iran’s third Supreme Leader

12 March 2026

The appointment represents one of the most consequential political shifts in the Islamic Republic in more than three decades

Al Majalla - London
IRGC soldiers march during the annual military parade marking the anniversary of the outbreak of the devastating 1980-1988 war with Saddam Hussein's Iraq, in the capital Tehran on 22 September, 2018. AFP
Politics

The US-Iran war could empower the IRGC

09 March 2026

When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response

Alex Vatanka
Demonstrators wave Iranian national flags as they gather for a rally in support of the new Supreme Leader at Enghelab Square in central Tehran on 9 March 2026. AFP
Politics

Why regime change in Iran is unlikely

10 March 2026

There are few examples of successful US regime-change operations in history. And without permanent ground troop presence, these wins can easily be reversed.

Christopher Phillips
Tugboats help an oil tanker dock at Qingdao port in Shandong province, eastern China, on 4 August 2019. AFP
Business & Economy

The US-Iran war could consolidate China’s energy dominance

10 March 2026

Crises often reorder energy geopolitics in unexpected ways. This one may ultimately strengthen, rather than weaken, China's strategic position.

Jason Bordoff and Erica Downs
Iran's President Masoud Pezeshkian is greeted by Egypt's President Abdel Fattah el-Sisi during the D-8 summit in Cairo, Egypt, on 19 December 2024. AFP
Politics

Egypt fears an unrestrained Israel if Iran collapses

06 March 2026

Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.

Amr Emam

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OPINIONS

Choke point: how the Iran war is stifling global energy markets

Abdulfattah Khattab
Abdulfattah Khattab

How war in Iran is impacting Armenia and Azerbaijan

Nazareth Seferian
Nazareth Seferian

Lebanon's failure to disarm Hezbollah comes with a price

David Schenker
David Schenker

Trump's positive war spin falls on deaf ears

Con Coughlin
Con Coughlin
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