Chip tithe to Uncle Sam — US cashes in as Nvidia, AMD pay 15% for China AI sales licenses
Nvidia Corp. and Advanced Micro Devices Inc. (AMD) will hand over 15% of their revenue from certain AI chip sales in China to the...
Understanding Bahrain’s tax rules: from low taxes to new obligations
Bahrain has long enjoyed a reputation as a low-tax hub in the Middle East. With no personal income tax and minimal corporate taxes for...
🎰 From Macau to the metaverse — Triad-run casinos and gaming sites launder billions in dirty cash
Chinese underground banking networks, often called “shadow bankers,” are playing a major role in global organized crime. A recent investigation shows how these secret...
🚢 Tariff wave hits U.S. — 375% duties cripple imports, average rates soar to 17%
The United States, known for its open trade policies and low average tariffs, is now seeing a sharp turn in direction. Recent tariff hikes...
💼 U.S. economy feels the pain as tariff firestorm triggers global realignments
The United States economy is starting to feel the squeeze as new import taxes, known as tariffs, began on Thursday. These taxes target goods...