Tax reforms prompt upheaval in the private-equity industry

IN THE political cacophony surrounding America’s new tax law, the voice of the private-equity industry has been muted. This is perhaps unsurprising. The industry has managed in large measure to retain its favourable tax treatment, despite a threat from President Donald Trump to close the “carried interest” loophole on which it had grown fat. So […]

Tax reforms prompt upheaval in the private-equity industry

IN THE political cacophony surrounding America’s new tax law, the voice of the private-equity industry has been muted. This is perhaps unsurprising. The industry has managed in large measure to retain its favourable tax treatment, despite a threat from President Donald Trump to close the “carried interest” loophole on which it had grown fat. So […]

Fears of nuclear Trumpocalypse prompt Hawaii to reinstate Cold War-era attack sirens

Published time: 28 Nov, 2017 19:12 Hawaii’s decommissioned nuclear attack sirens will get another chance to warn Americans of impending atomic doom. After collecting dust for three decades, the warning system has been reinstated amid growing fears of war with North Korea. The state’s emergency management officials announced that the vintage air-raid sirens will be […]

US missile shield part of ‘prompt global strike’ doctrine fuelling new arms race – Russian MoD

The US anti-missile system is designed to provide Washington with a “prompt global strike” capability without fear of retaliation. This in turn pushes other countries into building up and upgrading their own weaponry, the Russian Defense Ministry said. “The US missile defense serves as a stimulus for the enhancement of missile capabilities in the world, […]

Trump escalates feud with ‘Liddle Bob Corker’ over New York Times interview in which he said Trump could prompt World War III

President Donald Trump admonished Sen. Bob Corker on Tuesday over a New York Times interview in which the Tennessee Republican warned that Trump could start World War III. “The Failing @nytimes set Liddle’ Bob Corker up by recording his conversation. Was made to sound a fool, and that’s what I am dealing with!” Trump wrote in a […]

5 killed as ‘blood-sucking’ vampire scare lynchings prompt UN withdrawal in Malawi

Published time: 9 Oct, 2017 23:31 Vigilante mobs have begun summarily executing people suspected of being “blood-sucking” vampires, leading the UN to recall several staff members from both the Phalombe and Mulanje districts of Southern Malawi. Five people have been killed since mid-September. “While His Excellency President Arthur Peter Mutharika was attending the 72nd United […]

Horrible or non-existent Mayweather-McGregor fight streams prompt lawsuit

Enlarge / Floyd Mayweather Jr. (L) hits Conor McGregor in the sixth round of their super welterweight boxing match at T-Mobile Arena on August 26, 2017 in Las Vegas, Nevada. Mayweather won by 10th-round TKO. (credit: Ethan Miller/Getty Images) Showtime was hit with a federal class-action lawsuit amid reports that it delivered shoddy or non-existent […]