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U.S. investigates disclosure of tax records on rich Americans

The U.S. Treasury Department has asked law enforcement authorities to investigate the disclosure of tax records cited in a media report that showed that some of America

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Biden open to accept 25% corporate tax rate to fund spending programs

U.S. President Joe Biden speaks about the American Rescue Plan in the White House, May 5, 2021. /CFP U.S. President Joe Biden said a corporate tax rate between 25 and 28 percent could help pay

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What's next for philanthropy after the Gates' announce divorce

02:48 They are one of the world’s wealthiest and most influential couples.It was a trip to Africa in 1993 – just monthsbefore they wouldwed– that the two​say inspired theircommitment to

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U.S. Treasury's Yellen allays inflation fears over Biden spending plan

U.S. Treasury Secretary Janet Yellen. /VCG U.S. Treasury Secretary Janet Yellen on Sunday sought to dispel concerns that President Joe Biden's plans for infrastructure, jobs and families will

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Biden to seek tax increase on rich to fund child care, education: NYT

U.S. President Joe Biden will announce a plan to raise taxes on the wealthiest Americans to fund childcare and education programs and other spending plans, the New York Times reported on Thursday cit

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Wealthiest 1% 'polluter elite' are driving global carbon emissions, says new report

The so-called "polluter elite" are responsible for twice as much in emissions as the world's poorest 50%, claims report.

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Biden says Xi is a 'smart guy' and sees stiff competition with China

U.S. President Joe Biden held his first formal press briefing at the White House on Thursday where he outlined his vision for how the U.S. can compete with China, among other topics.Biden called C

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The US surpasses 17 million coronavirus cases

There have been at least 17,000,408 cases of COVID-19 in the United States and at least 307,770 deaths as a result of coronavirus since the pandemic started. /Getty Images There have been at l

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Rockefeller art center coming to China

The Rockefeller Art Foundation plans to invest $1 billion into building an art center in Shanghai, China.org.cn learned during the 3rd China International Import Expo (CIIE) in Shanghai on Monday.The

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Senate subpoenas could force Zuckerberg and Dorsey to testify on New York Post controversy

The Senate Judiciary Committee voted in favor of issuing subpoenas for Facebook’s Mark Zuckerberg and Twitter’s Jack Dorsey Thursday, meaning that there might be two big tech CEO hearings

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Luxembourg to be the gateway for Chinese investors in Europe

04:36 Luxembourg is one of the smallest countries in the world, as well as one of the wealthiest. And it could be the gateway for Chinese investors in Europe, according to Wang Ren, Ch

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WHO seeks to help Latam nations get 'subsidized' COVID-19 vaccine

The World Health Organization (WHO) is working to ensure Latin American nations receive a "subsidised" vaccine at an "affordable" price once it is available, WHO's regional director for the Americ

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Dubai announces new coronavirus economic support worth over $400 million

Dubai has announced a new package worth 1.5 billion dirhams (408 million U.S. dollars) to help the economy cope with the effects of the coronavirus pandemic, the crown

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Hamilton tops British sports stars in 2020 Sunday Times Rich List

Lewis Hamilton cuts a pensive figure at the pre-race press conference ahead of the F1 Singapore Grand Prix on Sept. 19, 2019. The Briton would finish that race in fourth place. (Xinhua/Then Chih Wey)L

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Hamilton tops British sports stars in 2020 Sunday Times Rich List

Lewis Hamilton cuts a pensive figure at the pre-race press conference ahead of the F1 Singapore Grand Prix on Sept. 19, 2019. The Briton would finish that race in fourth place. (Xinhua/Then Chih Wey)L

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Death toll of COVID-19 surpasses 1,000 in Brazil

The Brazilian government announced on Friday the number of deaths of COVID-19 in the country had reached 1,056, and the number of confirmed cases had increased to 19,6

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Brazil local governments warn of health system overwhelmed by COVID-19

Lockdown policies in Brazil's largest cities to slow the coronavirus outbreak are beginning to slip, with more people leaving their homes as Brazilian President Jair Bolsonaro continues to criticize