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Bank tax shatters investor confidence in Italian govt
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UK's new govt makes major tax U-turn after uproar
Labour Party leader Keir Starmer

UK's opposition Labour vows to reverse tax cut for richest
WASHINGTON: House Democrats pose for photos after Speaker of the House Nancy Pelosi (D-CA) signed the Inflation Reduction Act during a bill enrollment ceremony after the House passed the legislation at the US Capitol.—AFP nn

US lawmakers pass landmark climate, tax plan
Colombian singer Shakira

Shakira faces call in Spain for eight-year prison term
ITAGUAI: Aerial photo shows the Floating Production Storage and Offloading Vessel (FSPO) 'Cidade de Itaguai' oil platform, operating at Santos basin exploration unit of Pre-Salt in Itaguai. The auctioning of two pre-salt oil blocks in Brazil brought in 11.14 billion reais (nearly $ 2 billion) with several foreign groups in the winning consortia, including Total and Shell. - AFP

EU expects 17 bn euros from carbon tax, other revenues
WASHINGTON: A proposal to levy a tax on the unrealized capital gains of the richest Americans is the latest proposal to raise revenue for President Joe Biden's social spending plan - AFPn

Democrats mull tax on assets of US billionaires
BEIJING: A woman twirls a ribbon in front of a housing complex by Chinese property developer Evergrande in Beijing.—AFPnn

China to expand property tax trial to check speculation
PARIS: Secretary General of the Organization for Economic Cooperation and Development (OECD) Mathias Cormann delivers an inaugural speech at the Organization for Economic Cooperation and Development's Ministerial Council Meeting in Paris.-AFPn

OECD hails 'major victory' as tax holdouts join reform
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New Chief of Kuwait National Guard Sheikh Mubarak Homoud Al-Jaber Al-Sabah
Cabinet OKs draft residency law, new National Guard chief
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KUWAIT: Minister of Electricity, Water, and Renewable Energy Dr Mahmoud Boushehri signs a contract for the expansion project of Al-Subiya Power Plant with Alghanim International Company. - KUNA
Electricity Minister signs contract for Al-Subiya station’s expansion project
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RIYADH: Representative of HH the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, HH the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, attends the OIC and the Arab League summit on Nov 11, 2024. - KUNA
Kuwait urges truce, protection of civilians in Gaza, Lebanon
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KUWAIT: Acting Prime Minister, Defense Minister and Interior Minister Sheikh Fahad Yousef Saud Al-Sabah receives Secretary of Defense Industries of the Presidency of the Republic of Turkey Prof Dr Haluk Gorgun. During the meeting, cooperation and topics of common interest were touched discussed. – KUNA
Turkey’s Secretary of Defense Industries visits Kuwait
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RIYADH: The Representative of His Highness the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah meets with Saudi Crown Prince Mohammad Bin Salman, on the sidelines of the extraordinary Arab-Islamic summit in Riyadh. – KUNA photos
Extraordinary summit seeks unified Arab-Islamic stance as Mideast boils