Federal Reserve interest rates held at 3.50%–3.75% as Fed signals potential hike in 2026 Federal Reserve held interest rates at 3.50%–3.75% and signaled a likely hike in 2026, prompting market …
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UAE Federal Tax Authority reports 9% registration rise, AED 3.72bn VAT refunds
by James Bryantby James BryantUAE Sees Strong Uptick in Corporate Tax Compliance as VAT Refunds and Digital Systems Expand UAE reports rising corporate tax compliance and expanded digital VAT refunds: 9% increase in registrants, …
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Mexico City World Cup opening: federal staff ordered to work from home and schools closed on June 11, 2026 Mexico City orders federal employees to work from home and shuts …
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Business
UAE Federal Tax Authority expands VAT refund eligibility for new homes
by James Bryantby James BryantFTA expands VAT refund for new citizen homes to cover wider range of construction payments UAE Federal Tax Authority widens VAT refund for new citizen homes, estimating AED200m in savings …
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Judge Reverses Order to Return Colombian Migrant Deported to Congo Judge reverses order to return a Colombian migrant deported to Congo after new evidence about an April 14 medical refusal …
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Judge temporarily blocks Trump’s $1.8bn anti-weaponisation fund Federal judge halts President Trump’s $1.8bn anti-weaponisation fund on May 29, 2026, pausing any steps to set up payouts and scheduling a June …
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Kevin Warsh sworn in as Federal Reserve chair in White House ceremony Kevin Warsh sworn in as Federal Reserve chair on May 22, 2026, succeeding Jerome Powell. President Trump urged …
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UAE Federal Tax Authority announces corporate tax fine waiver for 68,600 taxpayers
by James Bryantby James BryantCorporate tax late registration amnesty sees 68,600 beneficiaries; number expected to rise to 91,000 The Federal Tax Authority announced that more than 68,600 taxpayers have benefited from the corporate tax …
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Business
UAE cements position as world’s second-largest gold trading hub, unveils federal standards
by James Bryantby James BryantUAE gold trading strengthened as minister inspects Dubai Gold Souk and unveils regulatory measures Minister Abdullah bin Touq Al Marri inspects Dubai Gold Souk as UAE gold trading cements its …
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Business
Kevin Warsh confirmed as Federal Reserve chair by US Senate amid rising inflation
by James Bryantby James BryantKevin Warsh Confirmed by Senate as New Federal Reserve Chair Kevin Warsh confirmed as Fed chair by US Senate; appointment shifts central bank leadership amid rising inflation and policy debate. …