News 

Japan Ranks Low in Female Lawmakers. An Election Won’t Change That.

“In this election, the news media has pounded several female candidates for extramarital affairs, including a woman whose husband was the one who cheated” writes Motoko Rich for nytimes.com. Some women say that having more female lawmakers won’t matter. “I’m not really sure whether having so many women there makes that much of a difference,” said Yoko Ishikura, professor emeritus of international corporate strategy at Hitotsubashi University. Source: nytimes.com Share This:

Read More
News 

Trump’s tax reform overhaul: Senate approves budget plan, what happens next?

“The budget is a critical piece of the tax reform puzzle because it provides both a revenue line and a reconciliation mandate for the tax reform package” writes Brittany De Lea for foxbusiness.com. However, the GOP still has a myriad of challenges and variables to overcome in its journey to implement comprehensive tax reform.A fiscal year 2018 budget blueprint passed the Senate late Thursday, bringing the Republican Party one step closer to its goal of passing tax reform by year’s end.The House blueprint calls for revenue neutral tax reform.While the…

Read More
News 

Senate won’t add more money to $36.9 billion disaster aid package

“The Senate will take up a House-passed disaster relief funding package without adding more money after President Trump and his budget director, Mick Mulvaney, promised to send a new funding request for additional aid next month” writes Susan Ferrechio for washingtonexaminer.com. The latest measure includes a $4.9 billion loan to the nearly insolvent Puerto Rico government will likely never be repaid, lawmakers acknowledge.For now they are willing to wait and pass the House measure, which will be the second disaster aid package passed by Congress in a little more than…

Read More
News Platforms 

Google, Facebook, Twitter face more regulation for online political ads

“Now some U.S. lawmakers want these companies to publicly disclose more about the online political ads they run on their platforms” writes Queenie Wong for siliconbeat.com. Facebook already vowed to disclose more about political ads before the bill was introduced. “We stand with lawmakers in their effort to achieve transparency in political advertising.Amy Klobuchar, D-Minnesota; Mark Warner, D-Virginia; and John McCain, R-Arizona, introduced a bill aimed at creating more transparency surrounding online political advertising. Source: siliconbeat.com Share This:

Read More
News 

Amazon, eBay accused of ‘profiting’ from tax fraud in UK

“The investigation also said the companies had resisted sharing data with Her Majesty’s Revenue & Customs (HMRC), the UK tax authority” writes David Ryder for cnbc.com. A UK parliamentary report has criticized Amazon and eBay for not doing enough to prevent tax fraud on their online market places and recommended the government hold the online giants accountable for tax lost to evaders.”These people are profiting from VAT fraud, because they still take their commission,” said member of parliament Meg Hillier, chairwoman of the committee.The government last year introduced measures to…

Read More
News 

Australian casino denies lawmaker’s criminal allegations

“A lawmaker on Wednesday accused a major Australian casino company of rigging slot machines and concealing potential money laundering at its largest casino with the state regulator covering up criminal behavior” reports foxbusiness.com. Federal Communications Minister Mitch Fifield said the gambling allegations were for Victoria state authorities to investigate.Crown issued a statement rejecting Wilkie’s allegations and called on him to provide all relevant information to the authorities.AUSTRAC said in a statement that it takes seriously all allegations of noncompliance with anti-money laundering and counterterrorism financing obligations and “will be examining…

Read More
News 

Spain’s Catalonia crisis requires nerves of steel for brave equity traders

“Earlier in the day I had spoken to several Catalan lawmakers, who had anticipated a move like this” writes Willem Marx for cnbc.com. Last Tuesday the Catalan president addressed the regional assembly of 135 lawmakers, and declared he had a mandate to declare Catalonia an independent republic.And while many lawmakers from his coalition willingly signed a document declaring independence that night, several notably did not then sign a corresponding document that formalized the suspension. Source: cnbc.com Share This:

Read More
News 

The UK blames Iran for this summer’s cyberattack against parliament

“The Times cites a secret intelligence assessment that says that around 9,000 email accounts were impacted including that of Prime Minister Theresa May” writes Oct Edt for theverge.com. In June, British Parliament was hit by a “sustained and determined” cyberattack that attempted to uncover weak passwords used by lawmakers.Now, investigators say that Iran was behind the attack, and that around 90 accounts were compromised, according to a report in The Times.It’s believed to be the first major cyberattack against the UK from the country.British authorities detected unusual activity on the…

Read More
News 

Lawmakers ask Issaquah School Board to cut proposed property tax levy

“Three Washington state lawmakers this week wrote a letter asking the Issaquah School Board not to seek the maximum possible local property tax levy in the February elections” writes Joseph O Sullivan for seattletimes.com. While Issaquah homeowners will pay more in state property taxes, the school district will get an even larger amount back from the state, said Sen.The school board plans to seek the largest allowable local property tax increase in the operations levy going to voters in February — despite a hike in state property taxes for schools…

Read More
News 

Congress should feel no obligation to honor Obama’s promises to Iran

“Because Obama lacked the support to make it a treaty, he negotiated it as an executive agreement” writes Philip Klein for washingtonexaminer.com. The Iran Deal does not have the weight of a treaty that was negotiated by the executive branch and ratified by two-thirds of the Congress, as required by the U.S. Constitution.The letter read that, “we will consider any agreement regarding your nuclear-weapons program that is not approved by the Congress as nothing more than an executive agreement between President Obama and Ayatollah Khamenei.The next president could revoke such…

Read More