Holds on tax returns

An entrepreneur who built a real estate empire and regularly made headlines for his comments on women and disdain of the press is back to calling the shots in Italy's politics despite a ban on political office until 2019. Silvio Berlusconi, the octogenarian leader of the Forza Italia (originally a popular football slogan meaning "Go Italy") party, is widely considered to hold the keys to forming a functioning government following Italy's parliamentary elections on Sunday. His party is only the third most popular, behind the center-left Democratic Party and the anti-establishment Five Star Movement, which is the one projected to win the largest amount of votes, with nearly 30 percent of the preferences, according to the latest polls published in mid-February, before a mandatory fortnight of silence ahead of the vote. But because a parliamentary majority would require one party to win at least 40 percent of the seats (a total 630 in the Chamber of Deputies and 315 in the Senate), … [Read more...] about How a man like Silvio Berlusconi, the original Donald Trump, rebranded as Italy’s wise man

Live Updates Inflation in the United States has reached a 40-year high. The consumer price index rose 9.1 percent in a year, according to the U.S. Bureau of Labor Statistics. This is the biggest yearly increase since the 8.6 percent jump in 1981. This inflation rate is ahead of the Federal Reserve's annual two percent target for inflation and may lead the Fed to raise interest rates again later this month. Republican lawmakers are blaming President Joe Biden, calling the latest economy report the "Biden Price Hike." This comes as average gas prices have dropped to $4.63. While prices have fallen in recent weeks, they remain much higher than this time last year. Live Updates Have Ended. 16:55 PM EDT Chile Expects Inflation to Hit 11.1 Percent Chile anticipates inflation will rise above 10 percent this year, a higher estimation than the country previously made in the wake of inflation surges around the world. Chile is already facing higher … [Read more...] about Inflation Report Updates: Chile expects inflation to hit 11.1 percent

Published 4 hours ago Share close Share page Copy link About sharing Scottish labour leader Anas Sarwar has called for urgent legislation to help deal with the cost of living crisis. Mr Sarwar said the economic crisis was a national emergency like the Covid-19 pandemic and required a radical response. First Minister Nicola Sturgeon said "significant action" was already being taken. Both Mr Sarwar and Ms Sturgeon have warned that lives could be lost without more support. Scottish Labour has published its proposals for action on the cost of living around housing, transport costs, debt and reducing bills for households and businesses. Nicola Sturgeon to convene summit on energy costs PM agrees to UK-wide talks on cost of living crisis Nicola Sturgeon issues cost of living warning to Boris Johnson Keir Starmer calls for extra windfall tax to freeze energy bills … [Read more...] about Anas Sarwar calls for urgent legislation on cost of living

Queenstown Airport has declared its first post-Covid-19 dividend, despite passenger numbers reaching a 10-year low. The airport corporation’s 2022 Annual Report says there were no scheduled international flights to and from the airport for 330 days of the reporting period due to Covid-19 border closures. The flight reduction had a significant impact on both aeronautical and commercial revenue, the report says. Domestically, there was an extended period of nationwide and regional lockdowns, as well as regional border restrictions which resulted in significantly reduced domestic flights also. READ MORE: Steep decline in revenue continues at Queenstown Airport Corporation Auckland Airport posts 80 per cent fall in profit, doesn't expect a trans-Tasman bubble by June 30 Strong Christchurch airport profit lift on modest rise in passengers Queenstown airport returns dividend to a community uneasy about more tourists The Alert Level 4 lockdown has … [Read more...] about Queenstown Airport to pay first post-Covid dividend, despite 10-year low