Written by The naira appreciated against the dollar at the foreign exchange market amid the Central Bank of Nigeria’s interest rate hike. FMDQ data showed that the naira strengthened to N1659.44 on Tuesday from N1675.62 on Monday. This represents a N16.11 appreciation. Similarly, at the black market, the naira gained N5 to close at N1750 against the […]
A market in Tokyo in June 2023. Richard A. Brooks | Afp | Getty Images Japan’s headline inflation rate slipped to 2.3% in October, its lowest level since January and down from the 2.5% seen in September. The core inflation rate, which excludes fresh food prices, came in at 2.3%, down from September’s 2.4%. The […]
Low-cost airline Ryanair threatened Wednesday to stop serving 10 French regional airports if the government goes forward with a proposed tax hike. The French government is scrambling to plug a larger-than-expected budget deficit, and a tripling of a tax on airline tickets, as well as private jets, is one of the measures currently under consideration. […]
ISLAMABAD – Prime Minister Shehbaz Sharif on Tuesday directed the Federal Board of Revenue (FBR), Federal Investigation Agency (FIA), and Intelligence Bureau to take joint action against tax evasion on sugar sale, undocumented sales, and price hike. According to an official statement issued by the PM Office, the prime minister said the sugar crushing season […]
Mercedes-Benz India has announced that prices for its entire line-up will go up by 3 percent starting January 1, 2025. Mercedes GLC price to increase by Rs 2 lakh Mercedes-Maybach S680 V12 sedan prices to go up by Rs 9 lakh Price hike not applicable to units built by December 31 Mercedes price hike not […]
CITY HALL — Alderpeople unanimously rejected Mayor Brandon Johnson’s proposed $300 million property tax increase on Thursday as they sought to reset budget negotiations with the mayor’s administration. Now, Johnson and City Council will have to find some common ground on how to bring in new revenue to close an almost $1 billion budget gap […]
In a rare 50-0 unanimous vote, the Chicago City Council voted Thursday to reject Mayor Brandon Johnson’s proposed $300 million property tax increase, sending his 2025 budget plan back to the drawing board and dealing an emphatic blow to the proposal. “This is a healthy process,” Johnson said after the vote was taken. “This is […]
CITY HALL — Facing widespread opposition to his proposed $300 million property tax increase, Mayor Brandon Johnson confirmed his administration is “negotiating” with alderpeople who want to see the tax hike significantly decreased or scrapped entirely. Johnson’s budget team met with 22 alderpeople over the weekend to discuss potential alternatives to the full property tax […]
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DOWNTOWN — More than half of Chicago’s City Council is gearing up to reject Mayor Brandon Johnson’s $300 million tax hike proposal — which would be a major defeat for his proposed 2025 budget. Twenty-nine alderpeople signed a letter calling for a special City Council meeting Wednesday to force an early vote on Johnson’s proposed property […]