Racing bodies threaten strike action after tax snub

QUEENSLAND’S key thoroughbred racing representative bodies on Thursday night signed off an explosive move to initiate strike action in retaliation to the code’s snubbing in last weekend’s state government Point of Consumption Tax announcement. Queensland introduced a Point of Consumption Tax on October 1, whereby bookmakers and wagering providers will be taxed 15 per cent […]

Japanese banks’ foreign exposure may threaten financial stability

THE maelstrom that hit global financial markets a decade ago is known in Japan as the Lehman Shock, after the bankruptcy of the American investment bank that caused it. Japanese banks themselves escaped relatively unscathed, owing to defences built during the 1990s, when the country struggled with deflation and excessive debt. But they seem to […]

Zimbabwe threaten boycott

Video Zimbabwe threaten boycott0:42 Cricket: Zimbabwean players are threatening to boycott their upcoming series with Australia after still being owed three-months pay. June 5th 2018 a minute ago /display/ news and galleries/Cricket news and galleries/ Cricket Zimbabwe threaten boycott0:42 June 5th 2018 5 minutes ago /display/ news and galleries/Cricket news and galleries/ ‘Did you know?’2:57 […]

Tommy Robinson supporters threaten judge behind ex-EDL leader’s jail term

Tommy Robinson fans are lashing out at the media and Judge Geoffrey Marson QC, who sentenced him to 13 months in jail. Marson has been called a “traitor”, “pedophile” and some have demanded his address be made public. It is understood that police are acting on several threats made on social media against Marson, including […]

Countryfile fans threaten to SWITCH OFF amid controversial segment 'Was there a warning?'

When 52-year-old presenter Tom Heap visited a farm animal sanctuary in Worcestershire it wasn’t long before Countryfile viewers were angry with the topic at hand. The BBC rural affairs correspondent was meeting with Animal Equality’s executive director Dr Toni Shephard to discuss the ethics of the group’s methods. Tom revealed that while some of their […]

Central banks would threaten the global financial system if they issued their own cryptocurrencies

Reuters/Stephen Hird A new report from the Bank for International Settlements questions the viability of central bank issued cryptocurrencies. “The introduction of a central bank digital currency (CBDC) would raise fundamental issues that go far beyond payment systems and monetary policy transmission and implementation,” the BIS said. Cryptocurrencies have entered the consciousness of central banks […]