US Government is a step closer to passing a $433 Billion economic package
The bill if passed would impose minimum taxes on US corporations
American senator Joe Manchin who has proved a political thorn in the White House's side has stunned Washington by announcing sudden support for President Joe Biden's agenda to raise corporate taxes, fight climate change and lower medicine costs.
We look at the Chinese government's intervention in the country's floundering property sector, as it promises to support near-bankrupt developers so they can finish building homes they've already sold.
And as over 6,000 athletes from 72 nations converge in Birmingham for the Commonwealth games, we ask if the almost one billion dollar cost price is worth it.
(Passage of the bill would be a major victory for President Biden. Image Credit: Getty)
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- Fri 29 Jul 2022 00:06GMTΒι¶ΉΤΌΕΔ World Service
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Business Matters
Global business and finance news and discussion from the Βι¶ΉΤΌΕΔ