Trump Says He Will Meet Kim Jong Un Before End of Year

Britain's Borrowing Outlook Darkens As Energy Shock Deepens Via City AM, The OBR says it underestimated the fiscal damage from the 2022 energy shock and will apply those lessons to the latest Middle East-driven price surge. Higher oil and gas prices could increase UK borrowing through debt interest, welfare payments, and pressure on departmental budgets. The Bank of England has warned that a severe energy shock could push inflation above 6% and force tighter monetary policy. Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the Iran...

UK Adopts 'No Gain, No Loss' Tax Treatment For Crypto Lending And Liquidity Pools Authored by Micah Zimmerman via BitcoinMagazine.com, The United Kingdom’s HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as “no gain, no loss,” deferring Capital Gains Tax until a user makes an economic disposal of the underlying cryptocurrency. The measure, published Monday, takes effect 6 April 2027 and applies to individuals and trustees who enter cryptoasset loan and liquidity pool arrangements, according to the policy paper.  It amends the Taxation of Chargeable Gains Act 1992. The rules cover three scenarios....

Another ActBlue Official Pleads Fifth In House Probe of Alleged Foreign Donations Authored by AG News Staff via American Greatness, Another senior figure at Democratic fundraising platform ActBlue invoked the Fifth Amendment during congressional testimony Tuesday as House Republicans investigate allegations of fraudulent and foreign political donations. Kimberly Peeler-Allen, a member of ActBlue's board of directors, invoked her constitutional right against self-incrimination while appearing before the House Administration, Judiciary and Oversight committees, according to sources familiar with her testimony. Kimberly Peeler-Allen, pictured second from the left, attending the 35th Annual Celebrating Women® Breakfast...