Putin To Visit China Just Days After Trump's Beijing, Demonstrating 'No Limits' Partnership

US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation Authored by Naveen Athrappully via The Epoch Times, The Internal Revenue Service (IRS) and the Department of the Treasury issued a notice on Friday, announcing their plan to issue proposed regulation concerning taxation on high compensation paid by tax-exempt organizations to employees. The notice relates to excessive compensation and excess parachute payments, the IRS said in a June 5 statement. Parachute payments are made to key employees when they are terminated or when the business undergoes a merger or acquisition. An excess...

Ethanol: Not The Energy Transition We're Looking For Authored by Ike Kiefer via RealClear Energy, With current events stirring up global energy prices, corn ethanol is again being dressed up as if it is a domestic energy source and agent of energy security. The truth is that corn ethanol is an energy sump, and that it takes more fossil fuel energy to make a gallon of corn ethanol than a gallon of gasoline. It is time to face this unpleasant truth and the other perverse outcomes achieved by twenty years of...

Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing Via The Cradle The breakaway African territory of Somaliland opened a new representative office in Taiwan on Friday, saying it had the right to establish diplomatic relations despite objections from Somalia. "We have the right to choose who we have relationships with. It's our prerogative, and so it hasn't been successful as far as pressure tactics," stated Mahmoud Adam Jama ​Galaal, Somaliland's representative to Taiwan, at a press conference to mark the office opening. Rti photo Taiwan's Deputy Foreign Minister Francois Wu also spoke, saying,...