Donald Trump earned more than $150 million in the year 2005—and paid just a small percentage of that in regular federal income taxes. The documents show Trump and his wife Melania paying $5.3 million in regular federal income tax—a rate of less than 4%. Trump made a total income of $253 million in 2005, but wrote off $103 million in losses, according to the document, the first two pages of which were obtained by Pulitzer Prize-winning journalist David Cay Johnston and first shared on “The Rachel Maddow Show.
The top three most expensive cities to rent across the world are in the US – San Francisco, New York and Boston – closely followed by Hong Kong, the 2017 Rental Index, produced by British-based online realtor Nested, found. The company’s Rent Affordability Index (RAI) ranks 87 cities based on “current market listings for all locations,” from San Francisco to Dubai to Zurich. San Francisco has long had the highest rents in the country by almost every metric, but previous reports have declared the city more expensive than famously elite destinations abroad.
The clever catching of a falling knife Kitchen and stock-exchange have actually not a lot in common. But who catches a falling knife, can be “injured” in both sides. Market-exaggerations can provide excellent trading opportunities. One possibility to take advantage of such situations is the so-called Channel Buster. What is a Channel Buster? Channel Buster is a Trading Setup of the Chart-technique. In an established upward or downward trend-channel, an exceeding or deceeding of the channel in the direction of the trend. The channel is, so to speak, broken, and as the name suggests, there is a Channel Buster. In this case, there are only two possibilities: either the overriding trend continues with a higher intensity or there is at least a temporary exhaustion
The European Court of Justice (ECJ) ruled on Tuesday that employers can ban staff from wearing visible religious symbols, including headscarves. "An internal rule of an undertaking [firm] which prohibits the visible wearing of any political, philosophical or religious sign does not constitute direct discrimination," the court said. The ECJ was ruling on a case dating to 2003 when Samira Achbita, a Muslim, was employed as a receptionist by G4S security services in Belgium. At the time, the company had an "unwritten rule" that employees should not wear any political, religious or philosophical symbols at work, the ECJ said.
Swiss researchers have created a flexible quadcopter that recoils during a crash, influenced by Mother Nature. Wasps in particular have special joints that allow their wings to reversibly crumple during an accident. This transition into a flexible state during times of stress drastically minimizes any sustained damage. Roboticists from EPFL in Lausanne, Switzerland, have developed a new drone to mimic the elasticity and durability of insects. Researchers achieved this by using a "squishy" material that's able to be rigged while flying but become malleable when it comes in contact with something. This flexibility absorbs potentially damaging impacts and eliminates them.
The Chinese economy is investing again in 2017, the latest data from the Statistics Bureau shows. The first two months of 2017 saw China's fixed capital investment rise 8.9 % compared to the same period last year, which was also above expectations of 8.2%. Most of this came from the public sector, where investments grew 14.4%. Private-sector investment, which constitutes 60% of the total investment, increased by 6.7% from a year ago, the highest growth rate in a year. "Today's data appeared to be mainly driven by infrastructure spending and a rebound in the real estate sector," said Zhou Hao, a Singapore-based economist at Commerzbank.
Singapore banned former Goldman Sachs Group Inc. banker Tim Leissner from the securities industry for 10 years and said it plans to issue similar orders against three others caught up in the scandal surrounding 1Malaysia Development Bhd. Leissner, who left Goldman Sachs in February 2016, was sanctioned because he issued an unauthorized letter to a financial institution and made false statements on behalf of the U.S. bank without its knowledge, the Monetary Authority of Singapore said in a statement Monday. The central bank had signaled its intention to ban Leissner last year.
Swiss-based power and automation group ABB cut its 2016 profit report by $64 million after saying that internal controls failed to catch suspected fraud in South Korea. It revised net income to $1.89 billion, ABB said in its annual report, down from $1.96 billion reported in February. The pre-tax impact was $73 million, less than the roughly $100 million previously reported, due to insurance recoveries.
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