Treasury, IRS Propose Rules For 1 Percent Remittance Tax On Some Money Sent To Foreign Countries

Last week, the chair of the Federal Communications Commission threatened to rescind the broadcast licenses of media entities that do not relate events in Iran or Ukraine as the Trump administration would like them to be related. He also attacked The Wall Street Journal and The New York Times for the same reasons. This followed […]

President Donald Trump is back from his business trip to China which had a lot of ambiguity over issues like Taiwan without having done either much discernible damage or benefit to American interests. The trip ended with the American participants dropping all the gifts that they had received from the Chinese into a large garbage bin on […]

China Test-Launches Nuclear-Capable Ballistic Missile In Pacific, Alarming Neighbors Via The Cradle The Chinese navy on Monday test-launched a strategic missile from a nuclear submarine in the Pacific Ocean in the framework of its annual military exercises. "At 12.01pm on July 6, a strategic nuclear submarine of China's People's Liberation Army Navy successfully launched a... strategic missile carrying a training simulation warhead into the relevant high seas of the Pacific Ocean," spokesperson Wang Xuemeng said in a statement posted on WeChat. via Reuters "This missile test launch is a routine arrangement of China's annual...