Budget watchdog: Sunak’s spending spree biggest since 1992

first_img Share However, the OBR said Sunak’s spending boost would push up GDP growth to 1.8 per cent in 2021, above the 1.6 per cent it had originally predicted. UK budget watchdog: Rishi Sunak’s spending spree biggest since 1992 whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoDefinitionThe Funniest Yard Signs EVER WrittenDefinitionUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndo The UK’s budget watchdog has called chancellor Rishi Sunak’s spending announcements the “largest budget giveaway since 1992” which will add more than £100bn to the public debt by 2024. Yet she said it represented the Conservative government turning against any commitment to reducing public debt. (AFP via Getty Images) Also Read: UK budget watchdog: Rishi Sunak’s spending spree biggest since 1992 The Office for Budget Responsibility (OBR) said the spending would take government borrowing to a six-year high of £66.7bn in 2021-22. Among the key measures were a freeze on business rates payments for small firms for a year, and £3,000 grants for businesses that do not pay rates, costing the government roughly £3bn. (AFP via Getty Images) Also Read: UK budget watchdog: Rishi Sunak’s spending spree biggest since 1992 (AFP via Getty Images) Wednesday 11 March 2020 2:23 pm “The resulting deterioration in the UK’s fiscal position highlights the sovereign’s ongoing difficulty in meaningfully reducing the UK’s gross general government debt burden from its current high levels,” she said. Sarah Carlson, senior vice president at ratings agency Moody’s, said the fiscal stimulus “should help to support economic growth given the economic headwinds created by Covid-19”. whatsapp The watchdog said UK GDP growth would fall to 1.1 per cent in 2020 from a prediction of 1.4 per cent growth a year ago. The OBR’s forecasts were prepared between 18 and 25 February. Show Comments ▼ The dramatic spending increase came four years after then-chancellor George Osborne said the Tories would by this year turn the deficit into a surplus. Harry Robertson In the government’s first Budget since the Conservatives’ landslide election victory in December, chancellor Rishi Sunak announced a £30bn stimulus package to support the economy through the coronavirus outbreak and put the final nail in austerity’s coffin. The OBR said that compared to its previous estimates, Sunak’s spending spree will increase the budget deficit by 0.9 per cent of GDP on average over the next five years and add £125 billion to the public debt by 2024-25. last_img read more

Read More →

Goldman Sachs reaches $3.9bn settlement with Malaysia over 1MDB scandal

first_img Goldman Sachs reaches $3.9bn settlement with Malaysia over 1MDB scandal Share whatsapp The US Department of Justice alleges a total of $4.5bn was misappropriated from 1MDB. Malaysian prosecutors filed charges in December 2018 against three Goldman Sachs units for misleading investors over bond sales of %6.5bn that the bank helped raise for sovereign wealth fund 1MDB. Angharad Carrick Show Comments ▼ whatsapp The deal includes a cash payment of $2.5bn and a guarantee by Goldman to pay at least $1.4bn in assets linked to 1MDB bonds, Malaysia’s finance ministry said. The investment bank appears to be trying to branch out, as its competitors – Citigroup and JPMorgan – offer a wider set of services to corporate clients. The units pleaded not guilty to the charges and the investment bank has consistently denied wrongdoing, saying members of the former Malaysian government and 1MDB lied about how the proceeds from the bond sales would be used. center_img In a statement Goldman Sachs said: “We are pleased to have reached an agreement with the Government of Malaysia to resolve outstanding charges and claims against Goldman Sachs.” Goldman Sachs has agreed to a $3.9bn settlement with the Malaysian government over the multi-billion dollar 1MDB scandal. “We are also glad to be able to resolve this outside the court system, which would have cost a lot of time, money and resources. With this settlement, we will have the return of the monies expedited, and not held up by lengthy and costly court battles and legal process,” Zafrul added. The investment bank appears to be trying to branch out, as its competitors – Citigroup and JPMorgan – offer a wider set of services to corporate clients. Also Read: Goldman Sachs reaches $3.9bn settlement with Malaysia over 1MDB scandal More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Friday 24 July 2020 12:09 pm “This settlement represents assets that rightfully belong to the Malaysian people,” said Tengku Dato’ Sri Zafrul Aziz, the Minister of Finance. “We are confident that we are securing more money from Goldman Sachs compared to previous attempts, which were far below expectations.” The investment bank appears to be trying to branch out, as its competitors – Citigroup and JPMorgan – offer a wider set of services to corporate clients. Also Read: Goldman Sachs reaches $3.9bn settlement with Malaysia over 1MDB scandal “Today’s settlement is an important step towards putting the 1MDB matter behind us and will help enable the Malaysian government to move forward with additional recovery efforts and to execute on its economic priorities.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funnybonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutNews SharperChrissy Metz Is So Skinny Now And Looks Like A Model (Photos)News SharperFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USAPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost Funlast_img read more

Read More →

Goodbye, Spartacus: Kirk Douglas Dies at 103

first_imgRIPCelebrityGoodbye, Spartacus: Kirk Douglas Dies at 103Son Michael Douglas announced the Hollywood legend’s passingBy Merle Ginsberg – February 5, 20201300ShareEmailFacebookTwitterPinterestReddItKirk Douglas, star of Spartacus and The Vikings who also became a prominent producer and activist, has died at age 103. It was announced by his also-legendary son, Michael Douglas, on his Instagram: “It is with tremendous sadness that my brothers and I announce that Kirk Douglas left us today at the age of 103.”https://www.instagram.com/p/B8NCr7Ah40N/The post continues, “To the world he was a legend, an actor from the golden age of movies who lived well into his golden years, a humanitarian whose commitment to justice and the causes he believed in set a standard for all of us to aspire to. But to me and my brothers Joel and Peter he was simply Dad, to Catherine, a wonderful father-in-law, to his grandchildren and great grandchild their loving grandfather, and to his wife Anne, a wonderful husband. Kirk’s life was well lived, and he leaves a legacy in film that will endure for generations to come, and a history as a renowned philanthropist who worked to aid the public and bring peace to the planet. Let me end with the words I told him on his last birthday and which will always remain true. Dad- I love you so much and I am so proud to be your son.”Kirk Douglas was born one of seven children to illiterate Russian Jewish immigrant parents, and knew from a young age—as he wrote in his bestselling 1988 autobiography, The Ragman’s Son—that he’d be an actor. “I like a role that is stimulating, challenging, interesting to play,” Douglas wrote. “That’s why I’m often attracted to characters that aren’t likable.”And he certainly made these tough-guy characters memorable. He was nominated for Oscars three times, and is most famous for starring in movies, starting in 1946, such as Champion, 20,000 Leagues Under the Sea, Lust For Life (playing Vincent Van Gogh), Gunfight at the O.K. Corral, and Paths of Glory; he also starred in One Flew Over the Cuckoo’s Nest on Broadway. Douglas is also famous for hiring screenwriter Dalton Trumbo to write the script for Spartacus and other films, thumbing his nose at the Hollywood blacklist that threatened the careers of many prominent writers in the 1940s and ’50s. Douglas is also credited with hiring young director Stanley Kubrick to direct Spartacus, which was an iconic film from the minute it was released.Douglas suffered a stroke in 1995 that impaired his speech, but instead of forcing him into retirement, he became even more outspoken as a voice for stroke victims everywhere.RELATED: Spartacus Meets Spartacus: Kirk Douglas Talks with Liam McIntyreStay on top of the latest in L.A. food and culture. Sign up for our newsletters today. TAGSRIPMichael DouglasKirk DouglasPrevious articleWhy Are So Many Car Commercials Shot on This L.A. Bridge?Next articleRep In-N-Out Down to Your Feet with These Official ShoesGwynedd Stuart RELATED ARTICLESMORE FROM AUTHORBillionaire Philanthropist and Art Collector Eli Broad Has Passed Away at 87Larry King’s Widow Is Challenging the Deceased Host’s Handwritten WillNo One Loved Los Angeles Like Tom LaBonge Loved Los Angeleslast_img read more

Read More →

Wall St rises on ECB statement – New York Report

first_img whatsapp Wall St rises on ECB statement – New York Report Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The Wrap Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndo Thursday 6 November 2014 8:16 pm Express KCS center_img whatsapp Show Comments ▼ US STOCKS edged up yesterday in a volatile session, with the Dow and S&P 500 hitting fresh record closing highs on an indication that the European Central Bank would take more policy action if needed to boost its struggling economy.The Dow Jones rose 69.94 points, or 0.4 per cent, to 17,554.5, the S&P 500 gained 7.64 points, or 0.38 per cent, to 2,031.2 and the Nasdaq Composite added 17.75 points, or 0.38 per cent, to 4,638.47.Whole Foods Market jumped 12.2 per cent to $44.85 after its results beat expectations on Wednesday, boosted by gains in market share and new product launches. It was its biggest one-day advance since May 2013.But Genworth Financial plummeted 38.5 per cent to $8.66 in heavy trading. Chief executive Tom McInerney said he was “very disappointed” by the results of its US life insurance division. Tags: NULL last_img read more

Read More →

News / Bugs – could be the biggest issue in container shipping since VGM

first_img© Pisanu Kusonsaratool “A container can be in a yard for two weeks, then on a chassis, then at the terminal – contamination can happen anywhere.”North America, Australia and Japan have all expressed concern over the issue and the fear among the maritime industry is that the UN or governments will attempt to regulate.“It could become like the IMO or VGM rules. Everyone will have to do it, and there’ll be confusion and frustration.”Sean Van Dort, chairman of the GSF board, noted that shipping lines already added a “washing charge” for the inside of a box of between $25 and $75.“The biggest scandal in shipping is the washing charges. When it suits a shipping line, the container is seen as an extension of the ship. But shippers get a washing charge – and washing doesn’t always happen. Ultimately the consumer pays.“We do not want an inside and outside washing charge. We want an all-in rate that would include it. You don’t see passengers on an aircraft paying extra for fumigation in countries where it is required.“But the existing code of practice, CTU, if followed would help to prevent the problems instead of there being new regulations dropped on the industry.”Mr Hookham added: “No one is going to argue that this needs taking seriously. But this could be confrontational – or perhaps this will be the first time we have an adult conversation with the shipping lines.“But the opportunity for the imposition of additional charges is rampant here.”GSF acknowledged that it had had a chequered past relationship with the World Shipping Council.“We would love to have the same conversation with the shipping lines that we have with airlines – but we don’t.”The GSF is campaigning for an all-in rate that is only levied against the contracted buyer of shipping line services. The Global Shippers’ Forum (GSF) has warned that the “biggest issue since VGM [container weighing]” is on the cards.This week GSF met with the International Plant Protection Convention (IPPC) in Arizona. IPPC is investigating concerns that parasites and other invasive species are being spread globally on the outside of containers, contributing to the demise of local ecodiversity.“It’s a big issue,” said James Hookham, secretary general of GSF. “There is heightened anxiety that contaminating species are travelling on containers via bird poo, snails and parasites.”The GSF, along with the World Shipping Council, is presenting to the IPPC in Tucson this week, to explain the container supply chain.“We want to help the IPPC understand how complex it would be to legislate on the cleaning of the outside of containers, and instead promote awareness of the issue through self-regulation,” added Mr Hookham, speaking to The Loadstar on the sidelines of the TIACA ACF in Toronto last week.center_img By Alex Lennane 24/10/2018last_img read more

Read More →

11 dead in suspected South Sudan cholera outbreak

first_img JUBA, South Sudan — UNICEF says 11 people have died in a suspected cholera outbreak in South Sudan.The organization said Tuesday there are 72 suspected cases so far, including 36 in the capital, Juba. Others are in Bor and Terekeka counties.South Sudan’s health ministry has not declared an outbreak because samples are undergoing final laboratory testing for confirmation, but a cholera response plan has been launched anyway, said ministry official Dr. Thomas Akim Ujjiga.advertisement Health11 dead in suspected South Sudan cholera outbreak About the Author Reprints One suspected case came from inside a United Nations base in Juba, raising fears that it could spread among the 4,000 people sheltering there from fighting this month between opposing army factions, said Ashley McLaughlin, spokeswoman for the International Organization for Migration, which manages the camp.advertisement The ministry issued an alert Sunday after suspected cases started arriving Friday at Juba Teaching Hospital. Tags cholerapublic health Everyone agrees we need to fight cholera. No one can agree on how center_img Related: Relatives of a 30-year-old man grieve after he died of cholera, outside the cholera isolation ward at the Juba Teaching Hospital in the South Sudan capital in May 2014. There is a new suspected cholera outbreak in the country. Matthew Abbott/AP By Associated Press July 19, 2016 Reprints Associated Press Relief groups need to stem the suspected outbreak “now, before it gets worse” considering the high number of displaced people in Juba during the current rainy season, McLaughlin said.South Sudan’s civil war displaced some 28,000 people in Juba after fighting began in late 2013, and renewed fighting last week caused more upheaval, with 15,000 people taking shelter in UN, aid organization, church and other compounds.Last year, 47 people died in South Sudan in a cholera outbreak, and 167 died from the disease in 2014.Cholera is a gastrointestinal disease, usually spread by contaminated water and food, and can cause severe diarrhea that, in extreme cases, can lead to fatal dehydration and kidney failure within hours.— Jason Patinkinlast_img read more

Read More →

Proposed tax changes aimed at closing loopholes

James Langton The federal Finance Department released a package of proposed tax law changes for comment Friday, many of which aim to close a variety of tax loopholes. Finance released the legislative proposals for comment, noting that many of the proposed technical changes reflect an effort to improve the fairness and clarity of the tax system, and aim to address issues that have been brought to its attention by taxpayers and their representatives. Tax tips for self-employed clients Related news Share this article and your comments with peers on social media Keywords Money laundering,  Income taxes IRS announces filing extension for 2020 tax return The proposals include technical changes relating to the taxation of Canadian corporations with foreign affiliates; the application of the ‘exempt surplus’ rules to certain trusts based in Australia; and, the rules for determining the residence of international shipping corporations. One proposal outlines when the government can share taxpayer information with law inforcement organizations The proposals also set out the circumstances under which government officials can confidentially alert law enforcement organizations to evidence of the commission of a serious crime based on taxpayer information, such as money laundering or terrorism financing. The new section would allow a government official to provide taxpayer information to a law enforcement officer when there are “reasonable grounds” to believe that the information will provide evidence of a crime. “This provision does not provide the [Canada Revenue Agency] with a mandate to use the information-collection authorities in the Act to conduct, or assist in the conduct of, criminal investigations,” it says. “Nor does it permit the sharing of information on the basis of mere suspicion of the commission of a criminal offence.” Comments on the draft legislation are due by September 13. Federal budget bill includes changes to stock options, annuities, mutual fund trusts Facebook LinkedIn Twitter read more

Read More →

DBRS cuts ratings on Espirito Santo

first_img Share this article and your comments with peers on social media TD getting new head of private wealth, financial planning The rating agency says that it is lowering the ratings due to its “significant concerns regarding the rapid deterioration in the group’s liquidity position”. It is also worried that if entities within the banking group continue to face financial difficulties that this could impact the repayment of their obligations to various lenders, including subsidiaries of ESFG. “Given the short-term nature of certain lending activities by ESFG subsidiaries and the related short-term funding, DBRS is cognizant of the elevated risk of default on these liabilities with ESFG’s weakened liquidity position,” it says. Additionally, DBRS says that the lack of transparency into the group’s restructuring plan, and about the extent of financial difficulties in certain subsidiaries, is contributing to a high level of uncertainty, “pressuring ESFG’s access to the wholesale markets and making future debt issuance challenging.” It notes that it “remains concerned about the high level of uncertainty around the extent of intercompany exposures and linkages to other ES Group entities,” adding that it views ESFG as being “highly vulnerable to the deteriorating financial position of ES Group entities.” “The market has elevated concerns regarding ES Group entities and the pace of events continues to move very quickly. DBRS views ESFG’s access to the wholesale markets as highly challenged,” it concludes. Related news Facebook LinkedIn Twitter Canadian banks to focus on growth, spending and buybacks after strong second quartercenter_img DBRS has downgraded its ratings on the Portuguese banking group that sparked market worries last week, Espirito Santo Financial Group, S.A. (ESFG), noting that its liquidity is under increasing pressure, and a lack of transparency continues to fuel market concerns. The rating agency announced that it is cutting the bank’s senior long-term debt rating to CC from B and its subordinated debt rating to CC (low) from B (low). All of its ratings also remain under review with negative implications, where they were placed on July 11. Keywords Banking industry,  Europe James Langton Fed plays limited role in assessing climate risks for bankslast_img read more

Read More →

Income Tax Deadline Gets Closer

first_imgRelatedIncome Tax Deadline Gets Closer Income Tax Deadline Gets Closer Finance & Public ServiceFebruary 16, 2009 FacebookTwitterWhatsAppEmail Business operators have 4 weeks to file their income tax returns before the March 15 deadline. Self-employed individuals, partners, companies, other bodies and employed persons with other sources of income, are therefore urged to file their Annual Income Tax Return for 2008 and their Declaration of Estimated Income & Tax Payable for 2009 early to avoid the last minute rush.To assist small business persons to prepare their tax returns to meet the March 15 due date, the Tax Administration is currently hosting a series of free Special Taxpayer Service Programmes at several locations across the island. Persons who wish to use the service are asked to take with them all business documents. These include their Taxpayer Registration Number (TRN), bank statements, purchase invoices, receipts, sales records, utility bills, wage records and any other records that can be used to verify income and expenses.Details of all venues, dates and times for the sessions are available by contacting 1-888-TAX-HELP, the nearest Tax Office or visiting the Tax Administration’s website at www.jamaicatax.gov.jm.Failure to file Income Tax Returns by the March 15 deadline may result in an assessment being generated by the administration’s computerised system or court action being taken. RelatedIncome Tax Deadline Gets Closercenter_img RelatedIncome Tax Deadline Gets Closer Advertisementslast_img read more

Read More →

United States Sanctions Guatemalan Officials for Corruption

first_imgUnited States Sanctions Guatemalan Officials for Corruption Today, the United States is imposing sanctions on one current and one former Guatemalan government official-Gustavo Adolfo Alejos Cambara and Felipe Alejos Lorenzana, respectively-for their role in corruption in Guatemala.Gustavo Alejos and Felipe Alejos sought to interfere with the judicial selection process for appointing magistrates to Guatemala’s Supreme Court of Justice (CSJ) and Court of Appeals. Gustavo Alejos served as chief of staff for the 2008-2012 Alvaro Colom presidential administration, and Felipe Alejos is an elected delegate to the Congress of the Republic of Guatemala for the 2020-2024 term. Together, they reportedly facilitated payments to congressional representatives and judges in an attempt to influence the selection process for magistrates to both courts and to secure favorable judicial rulings that would protect Gustavo Alejos-as well as CSJ judges -from current and future corruption prosecutions.Gustavo Alejos and Felipe Alejos are designated pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators of serious human rights abuse and corruption around the world. These sanctions also reinforce actions taken last year by the U.S. Department of State to publicly designate both individuals, and their immediate family members, under Section 7031(c) of the Department of State, Foreign Operations, and Related Programs Appropriations Act due to their involvement in significant corruption.These sanctions support efforts by the people of Guatemala to end the scourge of corruption, as part of the U.S. government’s commitment to support improvements in governance in Guatemala. Led by Vice President Kamala Harris, as well as Special Envoy for the Northern Triangle Ricardo Zuniga, these commitments target reforms that will improve transparency and the rule of law and lead to better conditions for the good of the Guatemalan people so they can build a brighter future.These sanction actions are undertaken in close coordination with the United Kingdom and coincide with the establishment of its new anti-corruption sanctions regime. By coordinating with like-minded global partners, we can more effectively combat corruption, including by disrupting access to the international financial system by corrupt actors and their networks. The United States will continue to engage closely with its allies to impose tangible and significant consequences on corrupt actors. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Congress, corruption, Department of State, elected, executive order, family members, Government, Guatemala, Human Rights, justice, President, rule of law, sanctions, Supreme Court, United Kingdom, United Stateslast_img read more

Read More →