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The United States had 3.5 million residents who identify as Middle Eastern or North African, Venezuelans were the fastest-growing Hispanic group last decade and Chinese and Asian Indians were the two largest Asian groups, according to the U.S. Census Bureau. MIDDLE EASTERN OR NORTH AFRICAN POPULATIONThe 2020 census was the first to allow respondents to identify themselves as coming from a Middle Eastern or North African country, otherwise known as MENA. ASIAN POPULATIONMore than 5.2 million people identified as Chinese, the largest group among respondents who were Asian alone or in combination with another group. The Nepalese population was the fastest growing Asian group, growing from almost 52,000 people in 2010 to almost 206,000 people in 2020. Some 1.9 million respondents who picked “some other race” identified as multiracial or multi-ethnic, and more than a half million said they were Brazilian.
Persons: Biden, , Maya Berry, it’s, Nicolás Maduro’s, Ernesto Ackerman, Mike Schneider Organizations: . Census, Bureau, Survey, Arab American Institute, Independent Venezuelan American Citizens, Puerto Ricans Locations: States, U.S, Jordanian, Moroccan, Washington, California, Michigan, New York, Venezuela, Miami, Puerto, American, U.S . New York, Texas
The Viking Star cruise ship is moored at Greenwich with the City of London financial district in the distance, in London, Britain, August 29, 2023. It is absolutely the time for action over words," Alasdair Haynes, CEO of Aquis Exchange, a share trading platform, and chair of financial industry body TheCityUK's Business Council, told Reuters. The main problem for trade bodies is the vast scope of Britain's financial services industry, with each sub-sector and TheCityUK presenting their own reform priorities and ideas, often overlapping. In the meantime, top financial sector executives running global teams of bankers and traders are increasingly bewildered by Britain's inability to make faster progress on a matter of such economic significance. ELECTION LOOMINGSome senior financial industry sources say politics may hamper the City's reform agenda even further, with a general election expected next year.
Persons: Kevin Coombs, Alasdair Haynes, Jeremy Hunt, Nicholas Lyons, TheCityUK, ” Samuel Gregg, Richard Gardner, Huw Jones, Sinead Cruise, Hugh Lawson Organizations: Viking, City, REUTERS, London’s, Mayor, European Union, Aquis, Business, Reuters, Finance, stoke, of, Arm Holdings, Labour, Conservative, American Institute for Economic Research, Investment Funds Association, EU, Thomson Locations: Greenwich, London, Britain, Europe, Asia, United States, Edinburgh, of London, New York, Amsterdam, City, France
Arm Holdings, the British semiconductor and software maker, is set to go public on Thursday in the biggest initial public offering of 2023. This isn't the first time Arm shares have been available to the public. In its F-1 filing to go public, Arm said its CPUs "run the vast majority of the world's software." That would make Arm stock impressively expensive compared to peers in the tech sector. That said, while Arm shares are looking expensive today, if the company lives up to its high expectations, then the price begins to look more reasonable.
Persons: SoftBank, Arm, it's, Seth Farbman, ARM's, Farbman, Matt Bryson, he's, Bryson, Peter C, Earle, We've, It's Organizations: Arm Holdings, Bank of America, SoftBank, Taiwan Semiconductor Manufacturing, Nvidia, ARM, Apple, Google, AMD, Samsung, VStock, Intel, Wedbush Securities, American Institute for Economic Research, IPOs, China Arm's Locations: China
“One of the responses to stress is to freeze — to stop living in your tracks. “I think there is also a societal PTSD connected to Covid — we were not designed to watch humans suffer,” she said. There is no shame in getting help.”How to fight your Covid apathyStuck in idle? There are also tools you can use to stop stress in its tracks. “The booster has been updated to provide immunity to many of the newer Covid strains that are circulating,” he said.
Persons: CNN —, , Cynthia Ackrill, , , Ackrill, , we’re, you’ll, you’ve, Tai Chi, Jane Webber, Webber, can’t, ” Webber, that’s, Covid, William Schaffner, Schaffner, Let’s Organizations: CNN, American Institute of, Kean University Locations: New Jersey
Raul Gutiérrez Alvarado (left) and his nephew, William Domínguez Gutierrez, pose for a portrait outside of their Oak Cliff home. At the time, the local media narrative was one of positive change for the neighborhood, Valderas says. (Azul Sordo for USN&WR)Before the BarrioOak Cliff was once a majority-white, working class neighborhood, annexed by Dallas in 1903. South Oak Cliff, which is largely Black and Hispanic, has a long record of neglect, well documented by Texas Monthly . This is the only photo she has of herself, which adorns the living room of her South Oak Cliff home.
Persons: Cliff, Seattle –, Ferguson, Raul Gutiérrez Alvarado, William Domínguez Gutierrez, Oak Cliff, Gutierrez, Manuel Sordo, Giovanni Valderas, Valderas, , Ezekiel Garcia, Brianna Hinguanzo, Jose Melendez, Diana Melendez, , . Sandoval, Sandoval, Strausz, ” Sandoval, Tereso Ortiz, they’ve, They’ve, ” Ortiz, Claudia Rangel, Damien Olguin, Rangel, Pearlina Bates, she’s, Bates, ” Bates, ‘ Let's, Todd Williams, Sam Moss, Moss, Cliff Valderas, , ” Valderas, Chad West, Gloria McCoy, Joann, McCoy, SaCarol Ford, Shaun Montgomery, She’s, Charles Strain, Noah Penn, ” Montgomery, Robert L, Thornton, ” Kathryn Holliday, that's, Tomorrow Bates, it’s, , ” Pearlina Bates Organizations: DALLAS, U.S ., U.S . As Texas, USN, Dallas Morning News, National Community Reinvestment Coalition, Dallas, San, Texas Woman’s University, Oak Cliff, cleats, Bishop Arts, Institute, Ku Klux Klan, D Magazine, , Penn State University, Bishop Arts District, Casa, Blacks, New York City, Texas Woman's University, Dallas County, City Council, Chad, Greater El Bethel Missionary Baptist Church, Tenth, Historic, Tenth Street Residential Association, Greater El Bethel Church, Ninth Ward School, Ku Klux, Dallas Observer, American Institute of Architects, University of Illinois, Tenth Street, Greater El Bethel Baptist Missionary Church, Sunday, Texas Monthly, Cliff Locations: Dallas, U.S, U.S . As, Seattle, Lawndale, Chicago, Missouri, Dover , New Jersey, Michocán, Mexico, Oak, San Francisco, Denver, Boston, North Oak, Jefferson, “ Texas, Black, “ Barrio America, American City, South Dallas, Oak Cliff, , Casa Guanajuato, Dallas from Louisiana, , Kiest Park, Texas, Melba, Greater El Bethel, Van Buren
There's bipartisan support for the changeThe lower Form 1099-K thresholds were originally slated for 2022. watch nowThe Republican-led House Ways and Means Committee in June approved legislation to revert the reporting thresholds back to 2022 levels. Form 1099-K has 'always been problematic'Meanwhile, there are lingering worries among tax professionals about the 1099-K change. For businesses selling goods, she said Form 1099-K may not accurately reflect returns or adjustments. How to prepare for the 1099-K reporting change
Persons: Sherrod Brown, Bill Cassidy, Rosenthal, AICPA, Phyllis Jo Kubey, Kubey Organizations: PayPal, IRS, Republican, Sens, American Institute of CPAs, New York State Society of Locations: Ohio, New York
[1/2] Taiwan's Vice President William Lai addresses supporters at the San Francisco Airport Marriott Waterfront hotel in Burlingame, California, U.S. August 16, 2023. REUTERS/Loren Elliott Acquire Licensing RightsTAIPEI, Aug 17 (Reuters) - Taiwan Vice President William Lai has promised during a visit to San Francisco to take peace as his "lighthouse" and democracy as his guide, on the final leg of a trip that China has condemned. China, which claims Taiwan as its territory, has denounced the transit stops in the United States and called Lai a "troublemaker". "Taiwan is a crucial partner in U.S. efforts to maintain global peace and stability, including in the Taiwan Strait," Rosenberger said. The United States has no formal ties with Taiwan but is bound by law to provide the island with the means to defend itself.
Persons: William Lai, Loren Elliott, Lai, Taiwan's, Laura Rosenberger, Rosenberger, Biden, likeminded, Yimou Lee, Ben Blanchard, Robert Birsel Organizations: San Francisco, Marriott, REUTERS, Rights, Taiwan, American Institute, Thomson Locations: Burlingame , California, U.S, Rights TAIPEI, San Francisco, China, Taipei, Paraguay, New York, Taiwan, United States, Silicon, Taiwan Strait
Taiwan’s Vice President William Lai speaks to the media upon arrival at Taoyuan International Airport as he returns from a trip to the United States and Paraguay, in Taoyuan, Taiwan August 18, 2023. REUTERS/Carlos Garcia Rawlins/File Photo Acquire Licensing RightsTAOYUAN, Taiwan, Aug 18 (Reuters) - Taiwan Vice President William Lai returned on Friday from a sensitive visit to the United States, thanking the Taiwanese people for supporting a trip he said showed the island's "self confidence" venturing into the international community. "Because of everyone's hard work, Taiwan's power is stronger and stronger, and it showed the international community that Taiwan is a force for good, that the international community really pays great attention to Taiwan," he said. China claims Taiwan as its territory and denounced the transit stops in the U.S., calling Lai a separatist and a "troublemaker". "Thank you for your contributions to the country and to society," he said, "allowing Taiwan to very progressively, self confidently and respectfully go into the international community, and winning the support of the international community."
Persons: William Lai, Carlos Garcia Rawlins, Lai, Tsai Ing, Fabian Hamacher, Chang, Kim, Ben Blanchard, David Gregorio, Lincoln Organizations: Taoyuan International Airport, REUTERS, Rights, Taiwan, American Institute, U.S, Russian, Pacific, East China Seas, Thomson Locations: Taoyuan, United States, Paraguay, Taiwan, Rights TAOYUAN, China, U.S, New York, San Francisco, Taipei, Beijing, Okinawa, Miyako, East, Tokyo
Moscow's actions have deprived many foreign investors of the ability to trade in Russian securities, including depositary receipts. Investors are worried about future copycat actions by other governments who might look to reduce foreign influence over their leading companies. Depositary receipts, or DRs, are certificates issued by a bank representing shares in a foreign company traded on a local stock exchange. But events in Russia have forced many investors to write down the value of depositary receipts of Russian companies to zero, given their inability to trade them. CONSEQUENCESLoss of confidence in DRs could drain needed foreign capital from firms in emerging economies, for instance.
Persons: Dado Ruvic, Peter C, Earle, Christopher Day, Michael Ashley Schulman, Goldman Sachs, III, Detsky Mir, Goldman, Otkrytie, Schulman, Grzegorz Drozdz, Malcolm Dorson, Sinead Cruise, Carolina Mandl, David Gregorio Our Organizations: REUTERS, Global, American Institute for Economic Research, Reuters, Citigroup, Companies, Citi ., Reuters Graphics, DR, Investors, Doliver Advisors, Running, Capital Advisors, Conotoxia, Russian, Thomson Locations: Moscow, Ukraine, Brazil, China, Russia, GDR, GDRs, United States, Britain, London, Carolina, New York
Taiwan will not back down to threats, Taiwan VP says on US trip
  + stars: | 2023-08-14 | by ( ) www.reuters.com   time to read: +3 min
[1/5] Taiwan's Vice President William Lai speaks during a luncheon in New York City, New York, U.S., in this handout picture released on August 14, 2023. Lai told a supporters lunch in New York on Sunday that "if Taiwan is safe, the world is safe, if the Taiwan Strait is peaceful, then the world is peaceful", according to Taiwan's presidential office. China considers Taiwan its most important diplomatic issue, and is a constant source of friction between Beijing and Washington, which is the island's most important international backer and arms supplier. Lai's speech was attended by Ingrid Larson, managing director of the American Institute in Taiwan, a U.S. government-run non-profit that carries out unofficial relations with Taiwan. China carried out war games around Taiwan in April after Taiwan President Tsai Ing-wen returned from California where she met U.S. House Speaker Kevin McCarthy while also on a transit on her way back from Central America.
Persons: William Lai, Lai, Ingrid Larson, Tsai Ing, Kevin McCarthy, Ben Blanchard, Lincoln Organizations: Taiwan Presidential, REUTERS, American Institute, U.S, Eastern Theatre Command, Liberation Army, Taiwan, Central America, Thomson Locations: New York City , New York, U.S, Taiwan, REUTERS TAIPEI, Beijing, China, United States, Paraguay, San Francisco, New York, Washington, Republic of China, People's Republic of China, Taipei, California, Central
China condemns visit of 'troublemaker' Taiwan VP to US
  + stars: | 2023-08-13 | by ( Ryan Woo | ) www.reuters.com   time to read: +4 min
China, which claims democratically governed Taiwan as its own territory, has repeatedly denounced Lai's trip, which includes another stopover in San Francisco on Wednesday on his way back to Taipei. In a statement issued shortly after Lai landed in New York on a scheduled flight from Taipei, China's foreign ministry said it opposed any form of visit by "Taiwan independence separatists" to the United States. "Lai stubbornly adheres to the separatist position of Taiwan independence and is a troublemaker through and through," the ministry said. China has stepped up its military activities around Taiwan over the past three years, seeking to force the island into accepting Beijing's sovereignty. In April, China staged war games around Taiwan in an angry response to Taiwan President Tsai Ing-wen meeting U.S. House Speaker Kevin McCarthy in California on a stopover on the way back to Taipei following her visit to Central America.
Persons: William Lai, Carlos Garcia Rawlins, Lai, Lai's, Washington's, Laura Rosenberger, Wang Yi, Joe Biden, Xi Jinping, Tsai Ing, Kevin McCarthy, Ryan Woo, Yimou Lee, Ben Blanchard, William Mallard, Jamie Freed Organizations: Taoyuan International Airport, REUTERS, Carlos Garcia Rawlins BEIJING, Taiwan, U.S, American Institute, Eastern Theatre Command, Liberation Army, Chinese Foreign, Central America, Thomson Locations: Taoyuan, United States, New York, Paraguay, Taiwan, U.S, Beijing, China, San Francisco, Taipei, Taiwan Strait, Washington, California, Central
Taiwan vice president to leave for sensitive trip to U.S.
  + stars: | 2023-08-12 | by ( ) www.cnbc.com   time to read: +2 min
Taiwan's William Lai speaks during a press conference at the Presidential Palace in Taipei on September 5, 2017. Taiwan Vice President William Lai leaves on Saturday for a sensitive trip to the United States, which China has condemned and Taiwanese officials fear could prompt more Chinese military activity around the democratically governed island. Lai, the front-runner to become Taiwan's president in elections in January, is officially making only transit stops in the United States on his way to and from Paraguay for the swearing in of its president. Neither Taiwan nor the United States have given exact details about his U.S. schedule. Lai went to Honduras last year for the inauguration of its president and had a brief though symbolic chat while there with U.S. Vice President Kamala Harris.
Persons: William Lai, Lai, Laura Rosenberger, Kamala Harris Organizations: Taiwan, American Institute, AIT, U.S Locations: Taipei, United States, China, Lai, Paraguay, Washington, Beijing, Taiwan, New York, Virginia, U.S, San Francisco, Honduras
TAIPEI, Aug 12 (Reuters) - Taiwan Vice President William Lai leaves on Saturday for a sensitive trip to the United States, which China has condemned and Taiwanese officials fear could prompt more Chinese military activity around the democratically governed island. Lai, the front-runner to become Taiwan's president in elections in January, is officially making only transit stops in the United States on his way to and from Paraguay for the swearing in of its president. Beijing particularly dislikes Lai, who has in the past described himself as a "practical worker for Taiwan independence". Neither Taiwan nor the United States have given exact details about his U.S. schedule. Lai went to Honduras last year for the inauguration of its president and had a brief though symbolic chat while there with U.S. Vice President Kamala Harris.
Persons: William Lai, Lai, Laura Rosenberger, Kamala Harris, Ben Blanchard, Yimou Lee, William Mallard Organizations: Taiwan, American Institute, AIT, U.S, Thomson Locations: TAIPEI, United States, China, Lai, Paraguay, Taipei, Washington, Beijing, Taiwan, New York, Virginia, U.S, San Francisco, Honduras
[1/5] Taiwan's Vice President William Lai arrives at Taoyuan International Airport before his departure to the United States for a stopover in New York on his way to Paraguay, in Taoyuan, Taiwan August 12, 2023. REUTERS/Carlos Garcia RawlinsTAOYUAN, Taiwan, Aug 12 (Reuters) - Taiwan Vice President William Lai left on Saturday for a sensitive trip to the United States, which China has condemned and Taiwanese officials fear could prompt more Chinese military activity around the democratically governed island. Lai, the front-runner to become Taiwan's president in elections in January, is officially making only transit stops in the United States on his way to and from Paraguay for the swearing in of its president. The United States has not announced who may be going to Paraguay next week. Neither Taiwan nor the United States has given exact details about his U.S. schedule, and both are aiming to keep that part low key, according to officials briefed on the trip.
Persons: William Lai, Carlos Garcia Rawlins, Lai, Kamala Harris, Laura Rosenberger, Fabian Hamcher, Yimou Lee, Ben Blanchard, William Mallard Organizations: Taoyuan International Airport, REUTERS, Taiwan, U.S, United, American Institute, AIT, Thomson Locations: Taoyuan, United States, New York, Paraguay, Taiwan, Carlos Garcia Rawlins TAOYUAN, China, Lai, Taipei, Washington, Beijing, U.S, Honduras, Virginia, San Francisco
Leaders and ministers from 13 countries committed to addressing methane emissions in their respective agricultural sectors during a meeting in Chile on April 14, contrary to a claim made online that they agreed to abolish farming to save the planet. At no point does the publication state a plan to abolish farming or agriculture or detail any specific changes the signatories will make to curb methane emissions. Marcelo Mena, CEO of GMH, told Reuters via email that claims the declaration would abolish farming “are entirely inaccurate”. The 13 nations committed to mitigating methane emissions in their respective agricultural sectors. They did not agree to abolish farming.
Persons: Uruguay –, Marcelo Mena, , Read Organizations: Conservative …, European Union Times, Facebook, Global, Clean Air Coalition, Inter, American Institute for Cooperation, Agriculture, Reuters Locations: Chile, Argentina, Australia, Brazil, Burkina Faso, Czech Republic, Ecuador, Germany, Panama, Peru, Spain, United States, Uruguay
The United States has described the stopovers as routine and no reason for China to take "provocative" action. Neither Taiwan nor the United States have given details of Lai's schedule on his stopovers. That includes the prospect of a visit to the United States by Chinese Foreign Minister Wang Yi, which could pave the way for a meeting between U.S. President Joe Biden and Chinese President Xi Jinping. Taiwan believes the scale of the exercises could be smaller than those in April, the Taiwanese official said. Chinese state television this month ran an eight-part series on the People's Liberation Army, some of which focused on Taiwan.
Persons: William Lai's stopovers, Lai, Tsai Ing, Kevin McCarthy, Biden, Wang Yi, Joe Biden, Xi Jinping, China, Jeff Liu, Yimou Lee, Ben Blanchard, Liz Lee, Michael Martina, Robert Birsel Organizations: United, House, Taiwan Affairs Office, People's Liberation Army, China's Eastern Theatre Command, Reuters, Chinese Foreign, American Institute, The U.S . State Department, Thomson Locations: TAIPEI, China, Taiwan, United States, U.S, Beijing, Los Angeles, Taiwan Strait, New York, Paraguay, San Francisco, stoke, Virginia, The, Taipei, Washington
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File PhotoAug 4 (Reuters) - Shares of Tupperware Brands (TUP.N) surged 44% on Friday, after the kitchen storage container maker finalized a debt restructuring deal as it attempts a turnaround of its business, reinvigorating retail investors' interest in the company. It was the seventh most traded stock by retail investors at 10:00 a.m. The share gains were reminiscent of eye watering "meme stocks" rallies, where retail investors coordinate on social media and typically focus their speculative bets on companies that were financially struggling or had high short interest. Tupperware was the second most actively traded single stock by retail traders over the past week, according to a J.P.Morgan note.
Persons: Brendan McDermid, Tupperware, Bartosz, stocktwits.com, Peter Earle, Medha Singh, Savyata Mishra, Krishna Chandra Organizations: New York Stock Exchange, REUTERS, Tupperware Brands, American Institute for Economic Research, American, Corp, Thomson Locations: New York City, U.S, Florida, Bengaluru
Since the trial period began, Palestinian Americans already say there is a difference. The allies have sought to limit publicity around the trial period, which comes amid unusually intense strains between their leaderships over wider Palestinian policies and other issues. One official told Reuters the trial period has been "going smoothly," without significant hold-ups for Palestinian American travellers. The Arab American Institute Foundation puts the number of Americans of Palestinian descent at between 122,500 and 220,000. An Israeli official gave lower figures, saying that out of 70,000 to 90,000 Palestinian Americans worldwide, about 15,000 to 20,000 were West Bank residents.
Persons: Abdul Jalil Juda, Ben Gurion, Benjamin Netanyahu, Nidal al, Nuha Sharaf, Dan Williams, Peter Graff Organizations: Ben Gurion, West Bank, U.S, Visa, Reuters, Embassy, Israel's National Security Council, Israeli, Palestinian, ., City University of New, of Homeland Security, State Department, Arab American Institute Foundation, West Bank ., Thomson Locations: Israel, JERUSALEM, Palestinian, Israeli, West, Washington, United States, Ben, Jordan, Jerusalem, U.S, American, City University of New York, The U.S, Gaza
"The culture wars are coming to UK businesses, including the financial sector," said Andre Spicer, dean of City University's Bayes Business School. It also cited "risk factors including... controversial public statements which were felt to conflict with the bank's purpose". However, data from watchdog the Financial Ombudsman Service showed complaints about account closures represented a tiny fraction of a bank's overall customer base. Experts say other banks will now be scrambling to ensure their own policies and committees are behaving appropriately, to avoid further scandals. The CEO of Britain's biggest domestic bank Lloyds said on Wednesday the bank's own policies did not include looking at customers' political or personal beliefs.
Persons: Nigel Farage, Coutts, Andre Spicer, Howard Davies, Alison Rose, Rose, Peter Flavel, Charles Dickens, Queen Elizabeth II, Spicer, Harriet Baldwin, Bill Winters, Samuel Gregg, Banks, Gregg, University's Spicer, Rupert Younger, ", Sinead Cruise, Iain Withers, Lawrence White, Daniel Wallis Organizations: Brexit Party, NatWest, Bayes Business School, Coutts, Treasury, Bank of England, BBC, Standard Chartered, Farage, American Institute for Economic Research, Facebook, Financial, Service, Barclays, Lloyds, Centre, Oxford University's Said Business School, Thomson Locations: America
But progress has been hindered because of restrictions on entry to Israel for Palestinian Americans from the Israeli-occupied West Bank. Although it has not been advertised beforehand, Israeli and U.S. diplomatic sources said the trial would start on Thursday. U.S. officials assessing the trial will also focus on whether Palestinian Americans or other Arab Americans are subjected to selective grilling by Israeli security personnel. A U.S. official estimated that, of that number, between 45,000 and 60,000 were residents of the West Bank. An Israeli official gave lower figures, saying that out of 70,000 to 90,000 Palestinian Americans worldwide, about 15,000 to 20,000 were West Bank residents.
Persons: Benjamin Netanyahu's, Eli Cohen, Washington's, Biden, Isaac Herzog, Dan Williams, Edmund Blair Organizations: U.S, Visa, West Bank, U.S . State Department and Homeland Security Department, Ben, Reuters, U.S . Embassy, Interior Ministry, National Security Council, Ben Gurion, BDS, Israel, Arab American Institute Foundation, West Bank ., Thomson Locations: Israel, JERUSALEM, U.S, United States, Palestinian, Ben Gurion, Tel Aviv, Ben, Jordan
It is half a block from the popular oversized sundial at Cranmer Park and less than a mile from public elementary and middle schools. A movie theater and a Trader Joe’s are also nearby, on Colorado Boulevard. Driving to downtown takes about half an hour. Size: 3,054 square feetPrice per square foot: $819Indoors: Mature landscaping shields the property from the street, and a brick driveway leads to the home’s front entrance, up a short flight of stairs. A double-sided fireplace faces a sitting area on one side and a cozy conversation pit with built-in bench seating on the other.
Persons: Richard W, Quinn Organizations: Denver, American Institute of Architects Locations: American Institute of Architects ’ Connecticut, Colorado, Breckenridge, Vail
US official visits Taiwan to discuss US-hosted APEC meetings
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +2 min
TAIPEI, June 30 (Reuters) - A senior U.S. official charged with handling ties with the Asia-Pacific Economic Cooperation (APEC) bloc visited Taiwan this week for talks on his country's plans to host the grouping this year, the de facto U.S. embassy in Taipei said on Friday. APEC is one of the few international organisations to which Chinese-claimed Taiwan belongs, since Beijing, which views the island as a Chinese province, and not a country, blocks its participation in most others. Against the backdrop of military tension between Beijing and Taipei, past APEC summits have served as a rare conduit for direct engagement between Taiwan and China, which is also a member. The U.S. official, Matt Murray, visited Taiwan on Tuesday and Wednesday to discuss with senior officials issues related to APEC and the robust U.S.-Taiwan economic relationship, the American Institute in Taiwan said in a brief statement. Chang had a brief conversation with Chinese President Xi Jinping at the time, and also discussed semiconductors with U.S. Vice President Kamala Harris.
Persons: Matt Murray, Murray, Morris Chang, Chang, Xi Jinping, Kamala Harris, Ben Blanchard, Clarence Fernandez Organizations: U.S, Economic Cooperation, APEC, U.S ., American Institute, Thomson Locations: TAIPEI, Asia, Taiwan, Taipei, Beijing, China, Seattle, San Francisco, Bangkok
Taiwan is a self-ruling democracy, but China views Taiwan as a province of the Chinese mainland. The visit comes at a sensitive time for America's relationship with China, its largest trading partner and strategic competitor in political, economic and security arenas. WASHINGTON — A bipartisan congressional delegation led by House Armed Services Committee Chairman Mike Rogers landed in Taiwan on Tuesday for a three day visit, according to the American Institute in Taiwan. Treasury Secretary Janet Yellen reportedly plans to visit China in July, Bloomberg News reported this week. But while visits by senior Biden administration officials to China may help normalize the U.S.-China relationship, visits like Rogers' delegation to Taiwan tend to have the opposite effect.
Persons: Mike Rogers, Tsai Ing, Adam Smith, WASHINGTON —, Rogers, Biden, Antony Blinken, Blinken, Janet Yellen Organizations: Republicans, U.S, Capitol, Taiwanese Ministry of Foreign Affairs, The Alabama Republican, House Armed Services, American Institute, Congressional, United, Bloomberg News, Treasury, Biden, ., National Security Council Locations: Afghanistan, Taiwan, Washington, Pacific, China, Beijing, WASHINGTON, Taipei, United States
After a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for those who wrongly claimed the tax break. The employee retention credit, or ERC, was created to support small businesses during the Covid-19 pandemic. There's still time to amend returns and claim the credit — worth up to $5,000 per employee for 2020 or $28,000 per employee in 2021. Experts say the opportunity has sparked a wave of specialist firms falsely promising business owners they qualify for the complicated tax break. As of March 3, just over 866,000 companies claimed and received employee retention credits totaling over $152.6 billion, according to the latest IRS Data Book.
Persons: Erin Collins Organizations: ERC, American Institute of Certified Public Accountants, Finance, Firms, IRS
Small businesses are facing an onslaught of ads, phone calls and emails to help them claim a pandemic-era tax credit. The tax break — known as the employee retention credit, or ERC — was enacted in 2020 to support small businesses during the Covid-19 pandemic, worth up to $5,000 per employee for 2020 or $28,000 per employee in 2021. While the credit applies to tax year 2020 or 2021, business owners still have time to amend returns and claim the credit, which has sparked a flood of ads from companies offering to help. While Hausz's company has completed at least 100 amended filings for clients to claim the employee retention credit, it has also informed clients when they don't qualify. "ERC mills" have popped up, charging small businesses up to 25% to 30% of the credit received, said Kristin Esposito, director for tax policy and advocacy for the American Institute of CPAs.
Persons: Craig Hausz, Kristin Esposito Organizations: ERC —, Finance, CMH Advisors, ERC, American Institute of CPAs Locations: Dallas
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