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"There are a certain number of people who can work remotely and permanently," which has opened the doors to living abroad, said Boudreaux, who is a certified financial planner and a member of CNBC's Financial Advisor Council. Roughly 9 million U.S. citizens were living abroad in 2020, according to estimates from the U.S. Department of State. Income reporting requirements add complexityOne of the key things prospective American expats need to consider is the yearly tax filing requirements, Boudreaux said. While living abroad, you must pay annual U.S. income taxes on worldwide earnings, including your salary, business profits, investment income and more. The yearly tax reporting requirements have even led some expats to consider renouncing their U.S. citizenship, according to a 2022 survey from Greenback Expat Tax Services.
Factbox: Steps in Finnish, Swedish path to NATO membership
  + stars: | 2023-03-30 | by ( ) www.reuters.com   time to read: +5 min
Hungary's parliament approved a bill this week to allow Finland to join NATO after Erdogan declared Turkey was ready to approve that bid. Turkey's parliament is expected to follow through on Erdogan's commitment with a vote this week, clearing the way for Finland to join NATO within weeks. Here are the key steps in Finland's and Sweden's path towards NATO membership so far:FINLAND AND SWEDEN SUBMIT MEMBERSHIP REQUESTThe applications, letters signed by the countries' foreign ministers, were formally handed in by Finland's and Sweden's NATO ambassadors on May 18, 2022. FINLAND FORGES AHEADAll NATO countries must ratify a would-be member's application before it can join the alliance. But NATO Secretary-General Jens Stoltenberg has said getting Sweden's application over the line is a top priority.
[1/5] The logo of Raiffeisen Bank International (RBI) is seen on their headquarters in Vienna, Austria, March 14, 2023. REUTERS/Leonhard FoegerVIENNA, March 23 (Reuters) - The European Central Bank is pressing Austria's Raiffeisen Bank International (RBIV.VI) to unwind its highly profitable business in Russia, five people with knowledge of the matter told Reuters. One person said such a plan could include the sale or closure of its Russian bank. A Raiffeisen spokesperson said that it was examining options for its Russia business "including a carefully managed exit" and that it was "expediting" its assessment, adding that it had also reduced lending in the country. HIGH STAKESIn January, the U.S. sanctions authority launched an inquiry into Raiffeisen over its business related to Russia.
An online claim that the United States has not officially congratulated Nigerian president-elect Bola Tinubu on his election win is not true. It is based on a speech by a U.S. lawyer that is being misrepresented as reflecting an official U.S. position. “Vote rigging, vote buying and bribery marred Nigeria's presidential elections. But neither the lawyer nor the Nigerian pro-democracy group speak for the U.S. government, which officially congratulated Tinubu on March 1. The U.S. has officially congratulated Nigerian president-elect Bola Tinubu.
TEGUCIGALPA, March 16 (Reuters) - A high-ranking envoy of President Joe Biden will travel to Panama and Honduras this month, the U.S. Department of State said on Thursday, days after Taiwan ally Honduras said it would establish formal diplomatic ties with China. "China has been suppressing Taiwan's diplomacy, so it will invest funds related to specific countries in order to block Taiwan's diplomatic development," he said. "Therefore, we very much hope that Honduras can recognize the true nature of China and hope they maintain diplomatic relations and not be deceived." While the United States has no formal diplomatic ties with Taiwan, it is Taiwan's most important international backer and arms supplier. China says Taiwan is one of its provinces with no right to state-to-state ties, a view the democratically elected government in Taipei strongly rejects.
March 8 (Reuters) - Palantir Technologies Inc (PLTR.N) has won a contract to sell up to $99.6 million worth of software to the U.S. Department of State for monitoring the health of the diplomatic corps, the company told Reuters ahead of a Wednesday announcement. The bureau has sought software to record health incidents, predict risks, manage medical-evacuation missions and handle other tasks, according to a government document. Palantir told Reuters the State Department has already paid the company $10 million as part of the purchase agreement, and it will book the remaining value over the next five years. The Denver, Colorado-headquartered company said the deal continues a pilot dating back to 2021 and other State Department work since 2017. Reporting By Jeffrey Dastin in Palo Alto, Calif.; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
WASHINGTON, Feb 27 (Reuters) - 3D Systems Corp on Monday agreed to pay up to $27 million to settle with the U.S. for illegally exporting to China controlled design drawings for military electronics and spacecraft, among other violations. Besides the Commerce Department, the company also settled with the U.S. Department of Justice and the U.S. Department of State. The Commerce Department penalty is for $2.8 million. In addition to the aerospace documents, the Commerce Department said, 3D Systems exported metal alloy powder to China without a license, although it is restricted for national security and nuclear nonproliferation reasons. "The company is pleased to have reached a settlement with the agencies and remains committed to continuing to enhance its export controls program," 3D Systems said in a statement.
Russia says U.S. should prove it did not destroy Nord Stream
  + stars: | 2023-02-16 | by ( ) www.reuters.com   time to read: +1 min
Feb 16 (Reuters) - The United States should try to prove it was not behind the destruction of the Nord Stream gas pipelines that connected Russia to Western Europe, the Russian embassy to the United States said on Thursday. Moscow considers the destruction of Nord Stream 1 and Nord Stream 2 pipelines last September "an act of international terrorism" and will not allow it to be swept under the rug, the embassy said in a statement. The White House has dismissed the allegations as "utterly false and complete fiction". U.S. Department of State spokesman Ned Price said on Wednesday "it is pure disinformation that the United States was behind what transpired" with Nord Stream, provoking the fresh Russian comment. Reporting by Olzhas Auyezov; Editing by Jacqueline Wong and Tom HogueOur Standards: The Thomson Reuters Trust Principles.
U.S.-China relations just got more fragile
  + stars: | 2023-02-06 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +5 min
U.S. Secretary of State Antony Blinken indefinitely postponed his visit to Beijing due to a Chinese surveillance balloon flying over the United States. Brown | AFP | Getty ImagesBEIJING — U.S.-China relations look increasingly fragile, analysts say, after a now-downed Chinese balloon forced U.S. Secretary of State Antony Blinken to indefinitely postpone his trip to Beijing. "A key question is why the Biden administration decided to publicize this balloon but not previous [reported] ones," Wildau said. While discussion of the balloon — including memes — circulated on Chinese social media, China's official Chinese-language mouthpieces have been more muted so far. "That alone would mean the Chinese leadership would be more restrained and would not want to let this balloon situation blow out of proportion."
Elizabeth Holmes, the founder of disgraced biotech firm Theranos, bought a one-way ticket to Mexico shortly after she was convicted of fraud last January, a court filing submitted Thursday alleges. Holmes was found guilty on four counts of lying to investors on Jan. 3, 2022. Shortly thereafter, federal prosecutors allege in the filing, Holmes bought a flight to Mexico departing Jan. 26, 2022 without a scheduled return trip. "Only after the government raised this unauthorized flight with defense counsel was the trip canceled," prosecutors say. U.S. District Court Judge Edward Davila ordered Holmes to surrender herself into custody by April 27.
THE UNITED STATES:Bradley Fighting Vehicle: a tracked, armoured vehicle with a turret-mounted 25-mm gun that can carry up to seven soldiers in addition to three crew. M109A6 Paladin self-propelled howitzer: a tracked, armoured vehicle with a 155 mm gun. Stryker armoured personnel carrier: a wheeled armoured vehicle that can be configured to handle anything from carrying infantry to medical evacuations. M1117 armoured security vehicle: a wheeled vehicle with a mine-resistant hull. SWEDENArcher Artillery System: a wheeled, self-propelled gun.
American citizen Suedi Murekezi was reportedly freed after Ukraine and Russia conducted another prisoner exchange, said Andriy Yermak, the head of the President’s Office of Ukraine on Wednesday. Among those freed were 64 soldiers of the Armed Forces of Ukraine, he said, before noting that Murekezi was also freed. The U.S. Department of State confirmed that an American citizen was freed but declined to release further details "due to privacy considerations." Murekezi was reportedly arrested in June in the city of Kherson, which was occupied by Russian forces at the time, the Guardian reported. A Russian news agency said that Murekezi was detained on charges of "inciting ethnic hatred" for protesting against Russia's invasion of Ukraine.
Then there were the reported leaks about Canadian Prime Minister Justin Trudeau taking China’s President Xi Jinping to task for alleged malicious meddling in his country’s elections. What these leaders most detest, as evidenced by Xi’s videotaped temper tantrum with Trudeau, is transparency. Leaders like Xi and Putin are starting to realize their limits, along with the liabilities that come with surrounding themselves with sycophants. What these leaders most detest, as evidenced by Xi’s videotaped temper tantrum with Trudeau, is transparency. Obama held three times as many joint press conferences with world leaders at this point in his presidency.
Oct 30 (Reuters) - U.S. Secretary of State Antony Blinken spoke with China's Foreign Minister Wang Yi on a call on Sunday and discussed Russia's war against Ukraine and the threats it poses to global security and economic stability, the U.S. Department of State said in a statement. Blinken also discussed with his Chinese counterpart on the need to maintain open lines of communication and responsibly manage U.S.-China relations, the statement said. Reporting by Anirudh Saligrama in Bengaluru Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.
HAVANA — Along with Iran, Syria and North Korea, Cuba is listed as a “state sponsor of terrorism” by the U.S. Department of State. Cuba has called the sponsor of terrorism designation "illegitimate and immoral," arguing that it deprives it of financing and credit sources. “‘Cuba is not a state sponsor of terrorism’ was a mantra from the moment I walked into the State Department to the moment I walked out,” he said. Throughout the 1980s, Cuba shared intelligence with, trained and apparently supplied weapons to revolutionary movements fighting military dictatorships in Central America. Cuba will once again be a “guarantor state.”The Biden administration has provided no evidence that Cuba sponsors terrorism.
WASHINGTON (Reuters) - Egypt has missed out on an additional $75 million in American military aid after a senior Democratic U.S. senator blocked the funding over concerns about Cairo’s human rights record including holding political prisoners. We all have a responsibility to uphold the law and to defend the due process rights of the accused, whether here or in Egypt,” Leahy said. The United States allocates around $1.3 billion in military aid to Egypt annually. Talks between his office and the State Department failed to resolve the issue, and the $75 million in funding expired on Sept. 30. The State Department did not immediately respond to a request for comment.
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