Thomas’ longtime friend acknowledges — but defends — Harlan Crow tuition payments

Thomas’ longtime friend acknowledges — but defends — Harlan Crow tuition payments

[ad_1] The real estate magnate footed the $6,000-per-month bill for Hidden Lake Academy, a private school in Georgia, for one year, the ProPublica report said, and then paid for tuition at another boarding school in Virginia. It’s unclear how much Crow put down, but if he paid for all four years at the two schools, … Read more

German government, trade unions agree on wage deal for public workers

German government, trade unions agree on wage deal for public workers

[ad_1] The German government, local authorities and trade unions reached a deal late Saturday on higher pay scales for the country’s 2.5 million public-sector workers, staving off the possibility of indefinite strikes. “We have accommodated the unions as far as we can responsibly do under difficult budgetary circumstances,” said Nancy Faeser, the country’s interior minister. … Read more

NHAI enables FASTag-based payments at forest entry points

NHAI enables FASTag-based payments at forest entry points

[ad_1] NHAI enables FASTag-based payments at forest entry points New Delhi: National Highways Authority of India (NHAI) has enabled FASTag-based payments at forest entry points to facilitate seamless and efficient process for vehicles entering the forest areas. Indian Highways Management Company Limited (IHMCL), a company incorporated by NHAI to carry out electronic tolling, has inked … Read more

Olaf Scholz faces new probe over German tax fraud scandal

Olaf Scholz faces new probe over German tax fraud scandal

[ad_1] Press play to listen to this article Voiced by artificial intelligence. BERLIN — Germany’s center-right opposition wants to raise the heat on Chancellor Olaf Scholz by launching a parliamentary investigation into his alleged connection to a massive tax evasion scandal. The case — which dates back over five years to the time when Scholz … Read more

Do customers have to pay transaction fees for UPI payments?

Do customers have to pay transaction fees for UPI payments?

[ad_1] The National Payments Corporation of India (NPCI) has announced that beginning April 1, an interchange charge of up to 1.1% would be levied on merchant UPI (Unified Payments Interface) transactions. According to a recent circular from the NPCI, utilising Prepaid Payment Instruments (PPIs) for UPI transactions would incur an interchange fee. If the transaction … Read more

The crypto ‘contagion’ that helped bring down SVB

The crypto ‘contagion’ that helped bring down SVB

[ad_1] As U.S. banking regulators begin their post-mortem of Silicon Valley Bank, some pundits are pointing the finger at crypto markets, whose own collapse over the past year left the tech-focused lender hopelessly exposed. The conventional wisdom about crypto is that it’s “self-referential” — a separate universe to conventional finance — and that its inherent … Read more

Estimate of misspent Covid unemployment payments leaps to $191B

Estimate of misspent Covid unemployment payments leaps to $191B

[ad_1] But federal officials acknowledge that they cannot precisely identify how much federal aid was wrongfully sent out. Background: UI benefits are just one of a handful of large government programs that were created or expanded during the pandemic to help individuals and businesses harmed by the disruptions it caused to the economy. At the … Read more

UK enters international race to create public digital money

UK enters international race to create public digital money

[ad_1] Press play to listen to this article Voiced by artificial intelligence. The U.K. has entered the international race to create a central bank-backed digital currency, with work to start on a “Britcoin.” The Treasury and Bank of England said last week it is “likely” a digital pound will be needed in future for everyday … Read more

Ukraine to get cold shoulder on rapid EU entry

Ukraine to get cold shoulder on rapid EU entry

[ad_1] Press play to listen to this article Voiced by artificial intelligence. Top EU leaders are traveling to Ukraine this week, but they won’t be bringing promises that the war-torn country can join the bloc anytime soon. Brussels is expected to pour cold water on Ukraine’s hopes that it could swiftly join the EU during … Read more

Ukraine wants to join EU within two years, PM says

Ukraine wants to join EU within two years, PM says

[ad_1] Press play to listen to this article Voiced by artificial intelligence. Ukrainian Prime Minister Denys Shmyhal has a tight two-year timetable for securing EU membership that is bound to dominate discussions at this week’s historic EU-Ukraine summit, the first to take place on Ukrainian soil. The problem? No one within the EU thinks this … Read more