The UK government is weighing a plan to exempt shares of newly listed companies from a tax on trading, an attempt to ease what’s seen as a key drag on the City of London, the Financial Times reported https://t.co/WoM5Ps86Vv ...

The UK Labour Party promised not to raise main rates of tax in their 2024 manifesto. But with a fiscal black hole to plug, will they be able to sensibly fill it by tweaking around the edges? Get The Readout with @AllegraStratton https://t.co/YjdM6haEVB ...

Geopolitical Developments & Market Impact - A 20-point proposal for a Gaza ceasefire, agreed upon by U S President Trump and Israeli Prime Minister Netanyahu, awaits Hamas approval, potentially impacting regional stability and oil markets [1][5][38] - Qatar's role as a key mediator between Israel and Hamas is crucial for the ceasefire, requiring a face-saving gesture, such as Israel expressing regret for a past attack [8][9][10] - The Israeli Shekel has strengthened against the USD by approximately 10% this year, reflecting the impact of geopolitical developments on local markets [46] - RBA (澳大利亚储备银行) holds cash rate at 36%, notes uncertainties in global environment and upside risks to inflation [40][41][42][43] Economic & Financial Market Trends - Looming U S government shutdown raises market risk, potentially delaying crucial jobs data release and impacting monetary policy assessment [2][3][23][25][44] - Gold hits record highs, massively outperforming Bitcoin, driven by uncertainty and a pullback in USD, with potential for further gains amid Fed rate cuts [3][4][23][32][33][44] - The market has aggressively priced in 3-4 rate cuts by June 2026, making upcoming jobs market data pivotal for determining monetary policy [27] - Potential tariffs on imports of timber and lumber, particularly impacting Canada, add to market uncertainty [23][39] - MSCI China is logging five-month gains, the longest streak since 2018, driven by better-than-expected PMI data and geopolitical signals [48] Energy Sector - Brent crude oil is slipping down by 08% ahead of the OPEC Plus meeting, where increased supply is expected [4] - The oil market is bearish due to well-supplied conditions, with focus on Iran snapback and Russia-Ukraine conflict, leading to investment in gold over oil [52][53] - Afentra is cautious about oil price volatility, focusing on a strong balance sheet and strategic acquisitions [64][65][66] - Nigeria's government intervenes to resolve a clash between the petroleum and natural gas association and oil labor group, potentially impacting crude production of 650 thousand barrels a day [76][77][78]

France has more billionaires than any country in the EU. A new tax on their income is a popular idea. But doing so might not bring in all that much cash https://t.co/qqOklkZEjC https://t.co/Nki4zHEPLh ...

UK chancellor Rachel Reeves did a good job of reasserting her authority in her Labour conference speech yesterday, and steered away from some of the "harder left" tax proposals. But beyond that we don't know much more about her budget plan. https://t.co/gODDmwuDMD ...

Uganda should raise income taxes and end preferential tax treatment for politicians and military officers to lift low revenue collection, the World Bank says https://t.co/BYiudyp82D ...

One way or another, the taxman is coming for France’s wealthiest citizens. Read more: https://t.co/JVrOxNMsFI📷: Kiran Ridley/AFP/Getty Images https://t.co/OqIslk43le ...

In Sonoma wine country, trade leaders proposed a new “tax” to offset the graying consumer base. The backlash was swift. https://t.co/xxdjyUz1Ke ...

In Sonoma wine country, trade leaders proposed a new “tax” to offset the graying consumer base. The backlash was swift. https://t.co/QRZEUO51Ke ...

France has more billionaires than any country in the EU. A new tax on their income is a popular idea. But doing so might not bring in all that much cash https://t.co/dULkbZa3x5 ...