Donald Trump: No Income Taxes at All
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Date: October 24, 2024
During a Fox News appearance on Monday, Donald Trump took questions at a Bronx barbershop.
When asked about eliminating federal taxation, Trump suggested the U.S. could return to the 19th-century economic model, which had no federal income tax.
Fox aired a quick, confident response from Trump: "There is a way."
However, the full conversation revealed Trump only answered after several minutes of unrelated discussion, with the audience member repeatedly redirecting him to the tax question.
Fox News later confirmed the event was edited for time and clarity.
Debt Jubilee by Trump pick to lead World Bank
President of the WorldBank Group remarks to G20 Finance Ministers & Central Bank Governors I emphasized the need for further progress on:1. Debt Suspension;
2. Debt Reduction;
3. Debt Resolution;
4. Debt Transparency.
The situation in developing countries is increasingly desperate. Time is short. We need to take action quickly on debt suspension, debt reduction, debt resolution mechanisms and debt transparency.
WASHINGTON, July 18, 2020
Full remarks here:www.worldbank.org
US President Donald Trump has nominated David Malpass as his pick for the next World Bank president:
Source:www.whitehouse.gov
Central banks are buying gold
Central banks are buying gold to protect against the threat of a sovereign debt crisis.Last week the World Gold Council noted that central banks bought 59 tonnes of gold in June.
For the first half of this year, central banks purchased 270 tonnes of gold.
The WGC noted that central banks bought 180 tonnes of gold in the second quarter.
Sources: kitco.com
BRICS to achieve a safer and more harmonious world - Putin
At the BRICS parliamentary forum held in St Petersburg, Russian President Vladimir Putin emphasized the pivotal role of BRICS nations in fostering a safer and more harmonious global environment.In his address on Thursday, Putin highlighted the collaborative potential of BRICS to contribute significantly towards global peace and stability.
He underscored the importance of mutual cooperation and collective efforts among BRICS countries to tackle global challenges, promote economic development, and ensure a balanced world order.
"We will be able to achieve the maximum implementation of the economic, investment, technological, and human potential of our countries, and strengthen the constructive influence of BRICS on global processes," he said.
Joint Declaration of Support for Democratic Change in Venezuela
A swift and peaceful transition to democracy is the most effective and sustainable route to stability, recovery and prosperity in Venezuela. We remain committed to helping the Venezuelan people achieve a peaceful, prosperous and democratic future.Source:www.state.gov
The STORM Act signed into law
On Friday, January 1, 2021, the President signed into law: the "STORM Act," which authorizes the Federal Emergency Management Agency to provide capitalization grants to States to establish revolving funds to provide hazard mitigation assistance to reduce risks from disasters and natural hazards.S. 3418, the "Safeguarding Tomorrow through Ongoing Risk Mitigation Act".
Sources: www.congress.gov, www.whitehouse.gov