WASHINGTON -- U.S. President Joe Biden has offered to take the proposed corporate tax increase off the table during infrastructure talks with Republicans, local media reported.
Citing a person familiar with the talks, The Washington Post reported Thursday that Biden raised the idea during a private meeting on Wednesday with Senator Shelley Moore Capito, the top Republican negotiator, in an attempt to broker a compromise. (U.S.-Tax-Increase)
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BANGKOK -- Thailand's consumer price index (CPI), a main gauge of inflation, rose 2.44 percent year on year in May, led by higher costs of energy and fresh food, the Ministry of Commerce said Friday.
The growth, weighed by the government's measures of lowering living costs via subsidizing electricity and water bill, eased from a CPI rise of 3.41 percent registered in April. (Thailand-CPI-Increase)
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KIEV -- Ukraine plans to attract loans from international financial organizations and foreign countries to modernize its infrastructure in the next three years, Ukraine's Ministry of Finance said recently.
The foreign loans, with an estimation of 79.6 billion hryvnia (2.9 billion U.S. dollars), will be used for the country's economic and social development projects, according to a budget declaration for the period between 2022 and 2024 published Thursday by the Ministry of Finance on its website. (Ukraine-Loans-Budget)
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KAMPALA -- Uganda's economy is on a recovery trend after facing the negative impacts of the ongoing COVID-19 pandemic, a top official of the country's statistics agency said on Thursday.
Chris Mukiza, executive director of Uganda Bureau of Statistics (UBOS) told Xinhua in an interview that preliminary estimates show that in nominal terms, the size of the economy increased to 148.278 trillion shillings (about 42.4 billion U.S. dollars) this financial year 2020/2021 from 139.711 trillion shillings (39.9 billion dollars) in the financial year 2019/20. (Uganda-Economy) Enditem
