Finance

The annual report from the Office of Taxpayer Advocate found that in the 2019 fiscal year, among other problems, the agency failed to collect billions in unpaid taxes. While it's pretty exciting to get a tax refund check , what it means is that the government has taken more in taxes from you than it should have It's the equivalent of giving the federal government an interest-free loan over the course of the year.

The benchmark index in Australia set a record closing high and the main Canadian stock index hit an all-time high. Further boosting sentiment, China said that Vice-Premier Liu He will travel to Washington next week to sign the "phase one" deal with the United States that has lowered trade tensions between the world's two biggest economies.

Katko said he believes presidents must have the flexibility to act quickly to use military force and that it's OK to notify Congress within 48 hours as required by the War Powers Act. base in Iraq and they couldn't do a damn thing [in response]". President Trump on Thursday continued to defend his decision to order the drone strike that killed Iranian Gen.

Ind-Ra believes even advance estimate of 5 per cent GDP growth is not sacrosanct. The budget estimate for 2019-20 had GDP linked to Rs 211 lakh crore, while the first advance estimates have linked nominal GDP to Rs 204 lakh crore, which basically implies that the budget deficit will reach the budget target of 3.3 percent of GDP exceed 3.4 percent of GDP.

TikTok has also faced security issues in recent months, it was reported recently that the app contained "serious vulnerabilities" which put users personal information at the risk of being hacked according to research published by the Israeli cybersecurity company Check Point .

Lee Zeldin, R-NY, pushed back Thursday on Speaker Nancy Pelosi's plans for the House to vote on a war powers resolution meant to limit President Trump's ability to conduct military action against Iran. Without "a whole defection of Republicans" in support of limiting the president's war powers, decisions to escalate against Iran will rest with the president and his advisers, Korb told Al Jazeera.

The prices are shown as an estimated range and not as a set sum for anything other than trips with the Uber pool. The revised app also lets customers arrange for drivers they've rated at 5 stars to get first call on future requests for rides if they're available, according to the publication.

On MCX, the priced touched a record high of Rs 41,278. Holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust , rose 0.10 per cent to 896.18 tonnes on Monday, their highest since November 27. India imports most of its gold requirement. The February crude contract was down US$3.09 at US$59.61 per barrel and the February natural gas contract was down 2.1 cents at US$2.14 per mmBTU.

Mr Ghosn ran carmaker Nissan until he was arrested in Japan on charges of financial misconduct, including improperly reporting his compensation , in November 2018. Lebanon and Japan do not have an extradition treaty and the Interpol Red Notice issued last week against Ghosn does not require Lebanon to arrest him.

The Middle East and several countries are feeling the heat, as tensions rise between Iran and the U.S., after Iran launched a ballistic missile attack on two Iraqi bases which house United States troops. Bansal. It's the latest shock to hit the freight market, which has been shaken over the past year by sanctions on a top Chinese shipowner for transporting Iranian oil and the sabotage of tankers near the Strait of Hormuz - an act blamed on Iran .

The comments of Nigel Green, executive director and founder of the Group deVere, came when Tehran threatened to "avenge" the United States for the murder of Qassem Soleimani, commander of the elite Quds force of Iran , which was in charge of the strategy of regional security of the country.

North America continued to be the biggest market for the prestigious British brand, accounting for about a third of Rolls-Royce's total sales, followed by China and Europe. Strong demand was seen for all these three models during 2019. "Worldwide demand previous year for our Cullinan SUV has driven this success and is expected to stabilize in 2020", Chief Executive Officer Torsten Mueller-Oetvoes said in a statement .

Trump ordered Soleimani's death amid rising tensions in recent weeks that have included a deadly rocket attack by an Iran-backed militia that killed a USA civilian contractor at an Iraqi base in Kirkuk and wounded four American troops. "Under missile attack from Iran". The communique added that the operation is code-named "Martyr Soleimani". "We do not seek escalation or war, but will defend ourselves against any aggression", Zarif said.

Unless there is a retaliation from Iran on Tuesday, traders will be primarily focused on today's American Petroleum Institute (API) weekly inventories report and Wednesday's report from the U.S. "What we know when Dow futures drop 400 points a day before a market open is that the majority of the time the market either closes much worse or frequently much better", Bahnsen said in an email to MarketWatch .

The Dudeks had been members of the Ikea Family loyalty program when they purchased the dresser in 2008. They urged anyone who still has a recalled Ikea dresser to return it. It is the largest child wrongful death settlement in U.S. history, lawyers say. The lawsuit claimed that Ikea marketed and sold the MALM line dressers as stand-alone units in spite of full knowledge that they posted a safety hazard, in paritcular to children.

In the United States, crude stocks fell by their most since June as exports exceeded 4 million barrels per day for the first time in history, the Energy Information Administration said on Friday. Iranian forces attacked Ain Assad Air Base in central Iraq and Erbil Air Base in Iraqi Kurdistan. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent, after a 0.7 percent drop the previous session.

The eight-day disruption across Canada's largest rail network coincided with 1.4% decline in exports to C$48.7 billion and 2.4% drop in imports to C$49.8 billion, Statistics Canada said in its monthly worldwide merchandise trade report January 7.

Boeing's best-selling plane was grounded in March 2019 after two fatal crashes in which all 346 passengers and crew were killed. Orders for the 737 Max dried up following the grounding, and it wasn't until November that Boeing recorded its first new orders since the grounding.

Sarsam cited the rising costs of milk over the past 18 months, current challenges in the dairy industry and a need to reduce current debt loads as factors in the decision. Borden's filing only says it plans stay in business during the bankruptcy process, and does not spell out whether it intends to stay in business longer term or liquidate.

Last month, the USA said it would hit $2.4 billion of French products with tariffs in response to a 3% tax France instituted on the revenue of large tech companies including Google, Apple Inc., Facebook Inc. "We have agreed to redouble our efforts in the coming days to try to find a compromise on digital taxation within the framework of the OECD", Le Maire explained.

Sunday's purchase, according to Mr. Kimura, left him "even happier" than last year's auction . Kiyoshi kimura, president of Kiyomura K.K, poses for photos with a 180.4 kilograms (397 pounds) fresh tuna after this year's first auction at Tsukiji Market on January 5, 2015 in Tokyo , Japan .

The Air Canada Express flight was headed to Saguenay from Montreal's Trudeau airport, where this is an ongoing strike. The passengers on board draw a sharp intake of breath as it shoots past the window and the video ends shortly after.

Tesla will officially hand over its first China-made Model 3 sedans to the public on January 7 at an event at its first offshore Gigafactory . The planned delivery of Model 3s to the larger market is because electric vehicle sales in China fell by 42 percent after the government lowered the subsidies that lowered the price of such vehicles.

The biggest challenge until now with lithium-sulphur batteries has been the instability of the cathode , which undergoes a 78% change in size each time it goes through a charge cycle . "The successful manufacture and implementation of Li-S batteries in cars and networks will cover a significant part of Australia's estimated $ 213 billion lithium chain and revolutionize the Australian vehicle market and provide all Australians with a cleaner and cleaner.

Crude was at this high level on September 2019, when Saudi production facilities were attacked, knocking out about 5 per cent of global output. In India, Sensex plummeted 787.98 points to end at 40,676.63 while Nifty tanked 233.60 points to close at 11,993.05.