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- Wall Street's Next $2 Trillion Prize, The IRS Backs Down and China Pumps the Economy
Wall Street's Next $2 Trillion Prize, The IRS Backs Down and China Pumps the Economy
Anna's Daybreak News
Good morning news-aholics! Brace yourselves for a pulse-pounding experience as we deliver the freshest headlines right to your inbox.
Law of Unreason: Israel Sparks Protests and Constitutional Crisis After Passing New Supreme Court Bill
- Israel's parliament ratifies bill limiting Supreme Court powers to quash some government decisions
- Nineteen arrested as protests spread across Israel and within the military
- Opposition vows to challenge changes, while watchdog groups appeal to Supreme Court
- Politics have infiltrated Israeli society, leaving citizens divided and protesting in the streets
- For Netanyahu's government, the bill is a power move -- but for many others, it's a slippery slope to dictatorship Source: Read More
China Puts a Spring Back in Their Step: Stocks, Yuan, and Shanghai Property Sector Surge Thanks to Beijing's Support
- Chinese stocks and the yuan jumped sharply after the Chinese government vowed to provide more economic support.
- The Hang Seng China Enterprises Index gained as much as 4.4%, the most since June 2.
- The onshore yuan gained as much as 0.6%, while the dollar bonds of Chinese builders also rallied.
- Chinese developer stocks rose as much as 7.9%, the most since Dec. 9.
- The omission of the slogan “housing is for living, not for speculation” was taken positively by investors.
- It remains to be seen if the world falls into a recession if China starts pumping money into the system Source: Read More
Wall Street's Wildest Dream: A $2 Trillion Pension Pot!
- Pension giants in Australia have inflows of more than A$1 billion per week to invest.
- Executives from Wall Street and beyond are increasing their involvement with the country's A$3.5 trillion pensions industry.
- Morgan Stanley's Melbourne-born CEO, James Gorman, is driving the trend.
- With so much money to be made, Wall Street is scheming ways to get their hands on Australia’s pension pot – it’s like a modern day gold rush, this time in the outback Source: Read More
IRS Closes Its Doors to Unannounced Taxpayer Visits
- The IRS has announced that they will be ending most unannounced visits to taxpayers
- The change applies to IRS Revenue Officers, whose role includes visiting taxpayers to help with unpaid taxes and unfiled tax returns.
- This does not affect Special Agents who work criminal matters, as they are the only ones who carry firearms.
- Safety was an important factor in the decision—these unannounced visits presented risks to both taxpayers and IRS Revenue Officers.
- Scam artists have caused confusion, making it difficult for taxpayers to distinguish between real and fake IRS representatives.
- Your door will no longer ring with the fear of an unexpected IRS visit. So take it easy and enjoy the peace. Source : Read More
Baked with love,
Anna Eisenberg ❤️
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