President Joe Biden delivers remarks on the economy at the Cuyahoga Community College Metropolitan Campus, Thursday, May 27, 2021, in Cleveland. (AP Photo/Evan Vucci) By ANDREW TAYLOR WASHINGTON (AP) — President Joe Biden’s $6 trillion budget proposal for next year would run a $1.8 trillion federal government deficit despite a raft of new tax increases

British Pound Sterling banknotes are seen in a box at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017.REUTERS/Leonhard Foeger By David Milliken, Andy Bruce Britain’s massive public borrowing began to head downwards last month for the first time since the start of the COVID-19 pandemic, bolstered by a brightening economic outlook

The ‘Bayraktar TB2’ (Armed Unmanned Aerial Vehicle) is seen in Istanbul, Turkey on February 22, 2021. ( BAYKAR – Anadolu Agency ) Turkey, Poland ‘walking firmly’ towards $10B bilateral trade volume target, says President Recep Tayyip Erdogan Turkey is set to export unmanned aerial vehicles (UAVs) to Poland, in what will be “the first time

Photo/Somali Times The Minister of Foreign Affairs and International Cooperation of the Federal Government of Somalia, Mohamed Abdirizak Mohamud Abubakar, on Monday paid tribute to the outgoing Qin Jian, Ambassador of the People’s Republic of China to the Federal Republic of Somalia in Mogadishu. The Minister thanked the outgoing Chinese Ambassador for his outstanding work

National Treasury building. The International Monetary Fund (IMF) will disburse Sh44 billion ($410 million) to Kenya in the coming weeks to boost the public purse amid the Covid-19 pandemic. The fund is part of the $2.4 billion (Sh256.3 billion) three-year financing programme that was agreed to in February. The multilateral lender said on Tuesday that

Sheikh Ahmed bin Saeed Al Maktoum, president of the Department of Civil Aviation, CEO and chairman of The Emirates Group speaks with journalists at the Arabian Travel Market exhibition in Dubai, United Arab Emirates, Monday, May 17, 2021. The Middle East’s largest airlines saw its passenger levels plummet by 70% last year and furloughed more

By OTIATO GUGUYU The Treasury has announced a new crackdown on wealthy tax evaders as part of its budget for the year starting July, setting the stage for travel bans, asset freeze and deactivation of Personal Identification Numbers (PINs). The clampdown is revealed in a commitment that Kenya made to the International Monetary Fund (IMF)

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File- In this Nov. 5, 2020 file photo, a sign for Wall Street is carved in the side of a building, in New York. Stocks are off to a solid start on Wall Street, continuing a bounce from a day earlier, but indexes are still on track for weekly losses after three days of drops

A Rolls-Royce logo is seen at the company’s aerospace engineering and development site in Bristol, Britain, December 17, 2015. REUTERS/Toby Melville British engineering company Rolls-Royce (RR.L) stuck to its guidance to turn free cash flow positive at some point during the second half of 2021 as vaccinations kick in and travellers return to the skies.