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Ecuador indigenous party wins National Assembly presidency, backed by Lasso

Ecuador’s National Assembly on Saturday evening elected a representative of the Pachakutik indigenous political party as its president for the next two years, with the support of allies of conservative President-elect Guillermo Lasso.Lawmaker Guadalupe Llori won the National Assembly presidency with 71 votes in the 137-seat chamber. She previously served as a local official in…

Less than 3% of U.S. small businesses could face tax hikes under Biden plan -White House

Less than 3% of U.S. small businesses could face tax hikes under Biden plan -White House

© Reuters. FILE PHOTO: U.S. President Joe Biden holds first Cabinet meeting at the White House in Washington, U.S., April 1, 2021. REUTERS/Tom Brenner By Nandita Bose WASHINGTON (Reuters) -Less than 3% of the roughly 30 million small-business owners in the United States could face tax increases under President Joe Biden’s jobs and infrastructure plan,…

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Less than 3 pct of U.S. small businesses could face tax hikes under Biden plan -White House

Less than 3% of the roughly 30 million small-business owners in the United States could face tax increases under President Joe Biden’s jobs and infrastructure plan, according to a new analysis by the White House on Friday.The White House has been seeking to leverage the support and political popularity of small-business owners in its fight…

Japan finmin: Not considering compiling extra budget now to respond to coronavirus

Japan finmin: Not considering compiling extra budget now to respond to coronavirus

Japan’s government is not considering crafting a supplementary budget to respond to the coronavirus pandemic immediately given there’s still money left to tap in the emergency budget reserve, Finance Minister Taro Aso said on Friday.Earlier in the day, the cabinet decided to spend 512 billion yen ($4.67 billion) in the budget reserve to secure coronavirus…

Canada’s ex-finance minister breached ethics rules in charity dealings

Canada’s ex-finance minister breached ethics rules in charity dealings

Former Canadian Finance Minister Bill Morneau breached conflict-of-interest rules by not recusing himself when the government awarded a contract to a charity he had close ties to, independent ethics commissioner Mario Dion said on Thursday.In a parallel probe, Prime Minister Justin Trudeau was cleared of having broken any ethics rules when WE Charity was tapped…