NEW:
🇺🇸 The CEO of BlackRock, Larry Fink, says ordinary people’s savings accounts and pension funds, worth trillions of dollars will be used to build data centers and power grids for AI
He says that people will be forced to invest in it
“Much of this will come from savings accounts and pension accounts.”
In India, U.S. Secretary of State Marco Rubio and his wife Jeanette Dosdeep were forced to dress modestly and completely cover their chests during their visit to the Taj Mahal.
It is disappointing Anthony Albanese and his MPs laughed during my question about the impact of their higher taxes on families caring for people with disabilities.
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Treasury’s shortsightedness will reduce the incentives for all businesses to invest, putting a dampener on growth, productivity and our global competitiveness. ebx.sh/MsJ3aJ
The Taj Mahal was commissioned in 1631 by Mughal Emperor Shah Jahan (of Central Asian Turkic-Mongol descent) as a mausoleum for his wife Mumtaz Mahal. The Mughal dynasty had conquered and ruled much of northern India since Babur's invasion in 1526. Some view their empire as foreign occupation; others as a lasting part of India's history with major cultural contributions. Standard historical records attribute the construction to Shah Jahan's patronage.
Wonderful to be back at the iconic Taj Mahal with @SecRubio, @jeanettedr4 and Robert Gabriel. A breathtaking symbol of India’s extraordinary heritage and craftsmanship.
Tax reform ,my arse. Australians pay far too much. Pehaps you guys could do with a pay cut. You idiots need to stop wasting our money and cut our taxes in half.
** Renters alert **
When negative gearing on property was last abolished in mid-1985
➡️ the rent 💰 on a 3br house 🏡 in Sydney increased by 43% over a 27 month period
This was why the Labor government reversed ⬅️ the decision only 2 yrs later.
Anthony Albanese states he doesn’t think property investment is “productive”, despite building his property portfolio using negative gearing for decades. ebx.sh/i8tLPy
Former Treasurer Peter Costello has issued a chilling warning about the impact of Labor’s sweeping tax changes on young Australians. news.com.au/finance/econom…
Sydney real estate markets have swung wildly following a “knee jerk reaction” to recent tax reforms, with sales reaching a new bottom. 👉 bit.ly/43srQeo
**By charging tolls on oil tankers transiting the Strait of Hormuz.**
Tankers email Iranian authorities their cargo details. Iran calculates the fee (roughly $1 per barrel), then demands payment in cryptocurrency—mainly Bitcoin—for fast, hard-to-freeze transfers that dodge sanctions. Once paid, ships get permission to pass. A single supertanker can owe ~$2M, so volume adds up fast to figures like $66M in a day.