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Berlin voters prefer stagnation to capitalism
[ad_1] German elections last Sunday saw the success of a sweeping attempt to stop a housing crisis. In Berlin, the city’s skyrocketing rents and leftist politics came together to produce a referendum, approved by 56% of the city’s voters, which calls on the city’s governing body to socialize much of its housing stock. In the …
“Another Now”: Socialist Alternatives to Capitalism Explored in New Novel by Yanis Varoufakis
[ad_1] This is a rush transcript. Copy may not be in its final form. AMY GOODMAN: This is Democracy Now!, democracynow.org, The War and Peace Report. I’m Amy Goodman. We’re joined now for Part 2 of our interview with Yanis Varoufakis, member of the Greek Parliament, former finance minister of Greece. We spoke with him …
Tax on unrealized capital gains, explained
[ad_1] Currently, the tax code stipulates that unrealized capital gains are not taxable income. This means that someone who owns stock or property that increases in value does not pay tax on that increase until they actually sell that asset. This policy allowed the richest Americans to get richer by minimizing their tax obligations. What …
SC resets capital market | The Edge Markets
[ad_1] Five-year plan for a progressive and inclusive market The Securities Commission Malaysia (SC) launched its third Capital Market Masterplan (CMP3) last Tuesday, Sept 21, during a time of turbulence and unprecedented disruption. Against this backdrop, the SC has developed a five-year framework for a more inclusive market and a shared journey of recovery as …
What exactly is capitalism and how does it affect you?
[ad_1] travnikovstudio / iStock.com In an article titled “Why Gen Z Turns to Socialism,†Vice explained why Democratic Socialist Bernie Sanders has been so successful in uniting so many Gen Z members through so many progressive causes and movements. It turns out that young people found common ground in a perceived common enemy: the capitalist …
Capitalism needs capital
[ad_1] Michael K. McMahan Tucked away in the massive $ 3.5 trillion budget proposal currently pending in the United States House and Senate is a provision that prohibits the investment of pension plan assets, including IRAs, in private companies. Of the many provisions in this law that will kill jobs, this will prove to be …
Mobile solutions can boost human capital gains disrupted by COVID-19 in developing countries
[ad_1] Smartphones have the potential to reverse the pandemic-induced learning crisis. © World Bank Almost nine in ten children in sub-Saharan Africa have learning difficulties, in that they are unable to read and understand simple text before the age of 10. The pandemic is exacerbating this “learning crisis”, especially for poor and vulnerable households who …
Voda Idea: the telecom package a relief for Voda Idea, reshaping fundraising plans: Kapania
[ad_1] The government’s telecommunications program, such as the deferral of statutory contributions, will provide short-term financial relief to Vodafone Idea, while structural reforms will strengthen the long-term loss-making telecommunications company, its chairman Himanshu Kapania said. Speaking at the phone company’s 26th Annual General Meeting (AGM) on Wednesday, Kapania added that the recently announced reforms would …
AT A GLANCE: Personal income, capital gains… taxes levied by the State of Lagos
[ad_1] The Lagos State Government has joined the lawsuit challenging the collection of value added tax by the Federal tax service (FIRS). Before that, the state has established a law to impose and invoice VAT as a court of appeal ordered states to maintain the status quo pending the decision of an appeal filed by …
Federal capital gains tax reform would also benefit states – ITEP
[ad_1] The action or inaction of Congress on the federal tax changes contemplated in the Build Back Better plan could have significant implications for states on many fronts. One critical area to note is the basis of income tax law: establishing the definition of income that most states will use to administer their own income …
Egyptian MPs to draft amendment postponing capital gains tax law until 2023 – Politics – Egypt
[ad_1] The MPs, led by businessman and deputy chairman of the parliamentary industry committee Mohamed El-Sallab, said their legislative amendment followed an announcement by Finance Minister Mohamed Mait in early September that the new law on capital gains tax would be implemented in January 2022 as scheduled. “The announcement has hurt business and trade in …
Nigeria can finance the international capital market but… —FMDQ
[ad_1] By Aduragbemi Omiyale The federal government has received approval to present a budget of 13.98 trillion naira to the National Assembly for fiscal year 2022. This authorization was given on Tuesday by the House of Representatives during the adoption of the Medium-Term Expenditure Framework / Budgetary Strategy Document (CDMT / FSP) 2022-2024 barely a …
How Higher Corporate Taxes and Personal Capital Gains Can Impact Indian Investors
[ad_1] US President Joe Biden has proposed an increase in corporate taxes to fund his social spending program. In addition, he proposed an increase in the personal capital gains tax to 25 percent instead of 20 percent. While increasing corporate taxes will surely have an impact on corporate profits, the question for all retail investors …
VSA Capital Market Movers – Tectonic Gold
[ad_1] Tectonic Gold (AQSE: TTAU) announced the completion of the first stage of the current drilling program and the visible success of the project has prompted management to immediately extend the campaign to follow up on this success. In particular, the first hole intercepted two mineralized copper intersections over 20 m deep at 100 m …
What Capitalism Needs: The Forgotten Lessons of Great Economists
[ad_1] Have the financial crisis, the Covid-19 pandemic and climate change revealed fundamental weaknesses of capitalism? John L. Campbell and John A. Hall write that while contemporary economists and policymakers tend to ignore the political and social dimensions of capitalism, some of the great economists of the past did not make the same mistake. Building …
Paulius Stankevicius aims to raise US $ 1 billion in funds for his clients
[ad_1] Serial entrepreneur, Paulius Stankevicius, and CEO and founder of Stankevicius Group is aiming high for 2022. He runs a private public relations and investor relations firm, Stankevicius MGM, and raised more than $ 500 million in funding for more than 250 clients in 2018. Fortunately in 2017 and 2018, the markets were bullish and …
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How unreasonable it is to reuse capitalism by standing up for entrepreneurs who change the world and creating an “ecosystem of good” (part 2)
[ad_1] “Yes, we are an investment company and yes, we have a global exchange for growing CEOs; but above all … [+] everything else, we’re a community rooted in shared values. â€- Daniel Epstein, CEO of Unreasonable. The unreasonable group Unreasonable, is an investment firm that builds a unique “ecosystem for good†that encourages entrepreneurs …
Weekly Capital Market Recap Week ending 24.09.2021.
[ad_1] DURATION OF THE WEEK’S INVESTMENT Price-to-earnings (P / E) ratio: The price-to-earnings (P / E) ratio is one of the most used tools by investors and analysts to determine the relative valuation of a stock. The P / E ratio is used to determine whether a stock is overvalued or undervalued. A company’s P …
The capital market can help close the infrastructure gap
[ad_1] Monday, Sep 27, 2021 / 5:45 a.m. / by SEC Nigeria / Header image credit: SEC Nigeria The Securities and Exchange Commission has again asserted that the capital market has the potential to fill the infrastructure gap in the country as well as help economic development. This was stated by the Executive Commissioner of …
Evergrande’s problems show that China is just as sensitive to the detrimental effects of capitalism
[ad_1] Receive free updates on the Chinese economy We will send you a MyFT Daily Summary e-mail gathering the latest news from the Chinese economy every morning. The writer, global chief strategist of Morgan Stanley Investment Management, is the author of “The Ten Rules of Successful Nations” For much of this year, commentators have warned …
The myth of “green capitalism”
[ad_1] By Katharina Pistor / New York • It is perfectly understandable that large corporations and private financial institutions are rallying to new disclosure standards and other market-based measures to tackle climate change. It is an approach that allows capital owners another way to avoid a real calculationHeat waves, floods, droughts and forest fires are …
Roadmap to a dynamic capital market
[ad_1] Financial industry players are generally positive about the strategic initiatives highlighted in the Third Capital Market Master Plan (CMP3). They see the five-year roadmap as a potential game changer that can catapult the Malaysian capital market to the next level of growth and dynamism, thereby supporting the country’s transition to a more developed country. …
Taking the plunge and donating goods now could avoid a big capital gains tax bill – Jenny Ross
[ad_1] In the case of real estate (excluding principal residence), taxpayers at the base rate pay the CGT at 18 percent; higher rate taxpayers pay 28 percent. A I’m afraid the short answer is no, because HMRC treats a gift of property very similar to a sale, so you will be taxed as if you …
Do Income-Producing Securities Generate Capital Gains? | Business
[ad_1] Instruments such as bonds and preferred stocks are generally attractive to more conservative investors because of their relative ability to hold their value and for the regular income they generate. I note, however, that certain interests see preferred shares, in particular, as a source of capital gains. It would seem that this view emerges …
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Should I trigger capital gains tax now – or wait until I’m gone?
[ad_1] My wife and I are in the early 1970s and have significant unrealized capital gains in our joint investment account. Is it advisable for us to cash in our winnings now and pay tax, or should we wait until we both die, when others will? The purpose of the sale now would be to …
Assure is authorized to list on the NASDAQ Capital Market under the new symbol “IONM”
[ad_1] DENVER, September 24, 2021 (GLOBE NEWSWIRE) – Assure Holdings Corp. (the “Society” Where “To assure“) (TSXV: IOM; OTCQB: ARHH; OTCQB: ARHHD*), an intraoperative neuromonitoring service provider (“IONM“), announced that its common shares have been approved for listing on the NASDAQ Capital Market (“NASDAQ“). Trading on NASDAQ is scheduled to begin September 29, 2021, under …
Do you have to pay withholding tax on capital gains on shares, dividends?
[ad_1] Representative image While we file an income tax return (ITR) for the previous fiscal year to settle the tax payable or claim a refund, withholding tax kicks in in the year in which you earn income. In accordance with income tax rules, withholding tax must be paid by any taxpayer, including salaried employees, whose …
High Peak Royalties Ltd Shuts Down Before Completion of Capital Raising
[ad_1] The stop will be in place until the start of normal trading on Monday, September 27, 2021, or when an announcement is posted to the market. High Peak Royalties Ltd (ASX: HPR) is currently on hold pending information on the completion of a capital raising effort. The stop will remain in place until the …
How Proposed Capital Gains Tax Changes Could Affect Family Farms
[ad_1] Farmers and ranchers have watched with anxiety the development of the US plan for families. Potential capital gains tax changes have been a hot topic since President Joe Biden announced the plan in April. The proposal would subject accumulated gains in asset value to capital gains tax on the death of the owner of …
Malaysia’s Capital Market Master Plan 3 a ‘work in progress’ to strengthen the country’s capital market – Public Investment
[ad_1] KUALA LUMPUR (September 22): Public Investment Bank Bhd said today that Malaysia’s 3 Five-Year Capital Market Master Plan (CMP3) for 2021-2025 is truly a framework and a work in progress for the next five years and that the program will continue to strengthen the country’s capital market, which expanded to RM3.4 trillion at the …
What is behind the evolution of the capital markets in South Africa and Namibia?
[ad_1] When diamonds and gold were found in South Africa in the late 1800s, the economy was transformed. Subsequently, a large amount of world money was invested. The country developed a well-developed industrial base in the years following World War II and experienced extremely volatile growth rates, including several years when it was among the …
SC Launches Five-Year Capital Market Master Plan to Support Malaysia’s Next Growth Stage
[ad_1] KUALA LUMPUR (September 21): The Securities Commission Malaysia (SC) today launched the Third Capital Market Master Plan (CMP3), which will serve as a strategic framework for the growth of Malaysia’s capital market over the five coming years. According to SC Chairman Datuk Syed Zaid Albar, Capital Market Master Plan 1 (2001-2010) and Capital Market …
Technology Metals Australia Ltd has suspended trading with pending capital raising news
[ad_1] The company’s shares will remain on hold until Thursday, September 23 or when an announcement is released to the market. Technology Metals Australia Ltd (ASX: TMT) has been granted a trading stop by ASX as it prepares to make a fundraising announcement. The stop will remain in place until the start of regular trading …
Sipa Resources Limited suspended trading with pending capital raising news
[ad_1] The stop will remain in place until trading begins on Wednesday, September 22, 2021, or when the announcement is released to the market. ASX has granted Sipa Resources Limited a trading suspension with a pending fundraising announcement. The stop will remain in place until the start of normal trading on Wednesday, September 22, 2021, …
VSA Capital Market Movers – Central Asian Metals
[ad_1] The company’s free cash flow measure of US $ 48.9 million in the first half of 2021, from which the dividend is calculated, increased 131% year-on-year, resulting in an increase of 42% from interim dividend from last year at 8p / sh. With such a large cash generation, the company has also chosen to …
Protect the nascent capital market
[ad_1] It takes time for a bud to blossom into a flower, and the process isn’t always straightforward. Some buds never flower, others simply wither. Emerging democracies work the same way. They need to be fed. The weeds of existing customs and practices that cling to the status quo are a constant obstacle. Then there …
Nigeria returns to international capital market with Eurobond offer
[ad_1] Friday, September 17, 2021 / 8:59 AM / by DMO Nigeria / Header image credit: SeeNews The Federal Government of Nigeria has announced its intention to issue Eurobonds on the International Capital Market (ICM). The last time Nigeria acceded to the ICM was in November 2018. Virtual meetings with investors are scheduled for September …
NAHO will organize workshops on cybersecurity for the capital market and others
[ad_1] By Ashemiriogwa Emmanuel With its massive support in creating jobs for Nigerians over the years, the Coca-Cola system in Nigeria, comprising Nigerian Bottling Company Limited (NBC) and Coca-Cola Nigeria Limited, has announced that it will invest $ 560 billion. naira in the country in five years. NBC chief executive Mr. Mathieu Seguin said this …
What is in the “strong” reinsurance capital market?
[ad_1] “These dynamics have enabled the reinsurance industry to be healthy from a capital perspective, despite the fact that major claims activity in the first half of 2021 peaked in 10 years due to above-average claims. in the United States and Europe. In fact, excessive capital build-up and recovery in valuations are now leading to …
Investors earn more than 732 billion naira from dividends in the capital market
[ad_1] .. Like Dangote Cement, MTN, GTCO, BUA Cement, Stanbic IBTC lead the highest dividend By Peter Egwuatu Investors in the Nigerian capital market have earned more than 700 billion naira from the payment of dividends by companies listed on Nigerian Exchange Limited, NGX Year to Date, YtD. So far, 58 companies in ten sectors …
Link between religion and the spirit of capitalism
[ad_1] Rukudzo Mangoma As tears roll down our faces, hands raised in a position of surrender, we bow down to Heaven to intercede on our behalf. We pray for happiness, for health, but above all for prosperity and wealth. For the lucky few, their prayers are answered, but for most of us we wonder why …
SIC Brokerage Limited Weekly Capital Market Recap for the week ended September 10, 2021
[ad_1] DURATION OF INVESTMENT OF THE WEEK Preferred stocks: Preferred stocks, more commonly known as preferred stocks, are shares of a company whose dividends are paid to shareholders before the issuance of common stock dividends. If the company goes bankrupt, the preferred shareholders are entitled to be paid out of the assets of the company …
the founders of Zoomo, Sunroom, Arli and Oscer share their experiences
The first question a founder should ask is whether or not they want to stand up. If they can maintain or reinvest in their business using money earned from existing customers, then great. Digital asset market Envato has gone this route. Dr. Thomas Kelly, founder of medical technology startup Oscer, recently secured $5 million in …
SEC seeks risk-based rules to deepen capital market
[ad_1] By Peter Egwuatu The Securities and Exchange Commission, SEC, has launched a risk-based management rule in the Nigerian capital market. The Commission has also instructed the Risk Management Association of Nigeria, RIMAN, to provide its experience on its rules for managing exposed risks which would help deepen the capital market. READ ALSO: Mixed trends, …
Golden Rim Resources Ltd has shut down with news of upcoming capital raising
[ad_1] The company’s shares will remain in suspension from trading until Wednesday, September 15 or when an announcement is released to the market. Golden Rim Resources Ltd (ASX: GMR) has been granted a trading halt by ASX as it prepares to make a capital increase announcement. The stop will remain in place until the start …
BSEC chief confident in continuing upward trend in capital market
[ad_1] Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat Ul Islam has expressed strong optimism that the capital market will continue to flow, saying that no quarter invested can now engage in any deed. criminal in the stock market as in the past. “The government is working to ensure a good business environment. …
Anson Resources Ltd has suspended trading with news of capital raising pending
[ad_1] The company’s shares will remain on hold until Tuesday, September 14 or when an announcement is released to the market. Anson Resources Ltd (ASX: ASN) has been granted a halt to trading by ASX as it prepares to make a fundraising announcement. The stop will remain in place until the start of regular trading …
AMA Group’s share price suspended following $ 150 million capital increase
[ad_1] The AMA SA Group [ASX:AMA] The share price is on hiatus today after announcing a $ 150 million fundraiser to strengthen its balance sheet. AMA expects the capital injection to offset the disruption caused by the pandemic. The disruption that has seen AMA stocks drop 35% in the past 12 months. Source: Tradingview.com AMA …
VSA Capital Market Movers – Frontier IP Group
[ad_1] Exscientia Limited (“Exscientia”), UK holding company of Frontier IP Group, announced yesterday that it has entered into a US $ 70 million collaboration, over a four-year period, with the Strategic Investment Fund (SIF) of the Bill & Melinda Gates Foundation to develop viral therapeutics against the coronavirus and other viruses with pandemic potential. VSA …
NNPC to explore options for raising capital on the stock exchange
[ad_1] By Aduragbemi Omiyale The federal government has received approval to present a budget of 13.98 trillion naira to the National Assembly for fiscal year 2022. This authorization was given on Tuesday by the House of Representatives during the adoption of the Medium-Term Expenditure Framework / Budgetary Strategy Document (CDMT / FSP) 2022-2024 barely a …
Why companies should frequent the Nigerian capital market
[ad_1] Wednesday, September 08, 2021 / 6:47 PM / Ottoabasi Abasiekong for WebTV / Header image credit: WebTV Investors support and show great interest in long-term financing geared towards specific projects covering areas such as electricity, housing and infrastructure, among others. The statement was made by the President of the Chartered Institute of Securities Brokers, …
Aussie Broadband targets new growth after $ 114 million fundraising effort
[ad_1] Phillip Britt (Aussie Broadband) Credit: Aussie Broadband Aussie Broadband completed a $ 114 million equity offering to secure mergers and acquisitions (M&A), among other growth opportunities. The placement, which consisted of 28.5 million common shares at $ 4 per share, is also expected to be used for the development of new business and technology …
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Critics sound the alarm over possible retroactive capital gains tax hike
[ad_1] Are retroactive tax increases constitutional or even fair? Until now, the capital gain tax rate was zero, 15% or 20% depending on your income. In some cases you add the Obamacare tax of 3.8%, but at worst your total tax bill is 23.8%. Long-term capital gains tax is progressive, 0% on income up to …
Core Lithium Ltd injects A$25m into SPP, bringing fundraising proceeds to A$150m
Core Lithium Ltd (ASX:CXO) has raised A$25m under its recently completed and strongly backed Share Purchase Plan (SPP), which is significantly higher than the initial target of A$15m Australian dollars. The SPP complemented the company’s recent placement with sophisticated and institutional investors to raise A$91 million and Ganfeng’s recent equity investment of A$34 million, bringing …
Core Lithium Ltd deposits AU $ 25 million in SPP, raising proceeds from capital raising to AU $ 150 million
[ad_1] Requests for the A $ 15 million SPP were received for a total of more than A $ 43 million, with the company raising the amount to A $ 25 million. Core Lithium Ltd (ASX: CXO) has raised AU $ 25million under its recently completed and heavily supported Share Purchase Plan (SPP), significantly higher …
It is time for regulators to remain vigilant on the capital market (ex-president of the BSEC)
[ad_1] Faruq Ahmad Siddiqi, former chairman of the Bangladesh Securities and Exchange Commission, said there is no need to worry about the current index and the average price-to-earnings ratio in the capital market, but it is time to be careful. Regulators have not been careful enough on these issues, he said Tuesday in an interview …
Weekly Capital Market Recap, week ending 09-03-21
[ad_1] DURATION OF INVESTMENT OF THE WEEK Capital gains: Capital gains are an economic concept defined as the profit made on the sale of a financial asset whose value has increased during the holding period. EQUITY MARKET HIGHLIGHTS: The Ghanaian stock market is advancing; returns 41.82% (YtD)The Ghana stock market at the end of the …
Galileo Mining Ltd on commercial break ahead of proposed fundraising
Galileo Mining Ltd (ASX:GAL) has been granted a trading halt by the ASX as it prepares to make a capital raising announcement. The halt will remain in place until the start of trading on Wednesday September 8 or when the announcement regarding the capital raising is made to the market, whichever comes first. Recent activities …
Mosaic reveals fundraising details – ShareCafe
[ad_1] Distressed women’s fashion clothing retailer Mosaic Brands, owners of chains including Non-B, Miller, Rockmans and Rivers, has confirmed details of its fundraising plan after a delay this weekend in a decision that ended up being applauded by investors. Key to the fundraiser will see Melbourne-based private retail giant Spotlight take a $ 10 million …
Pan Asia Metals Ltd Suspends Trading With Pending Capital Raise News
[ad_1] The company’s shares will remain in suspension from trading until Monday, September 6 or when an announcement is made on the market. Pan Asia Metals Ltd (ASX: PAM) has been granted a trading stop by ASX as it prepares to make a capital raising announcement. The shutdown will remain in place until regular trading …
Solidarity forever: capitalism and work
[ad_1] Labor Day is here, and it’s about work in America. Our beloved workforce. Especially the middle-income American blue collar workers who have literally made this country a great country. They make our businesses work. They produce our goods and services. They are also the brave soldiers who defend our nation and our freedom in …