Browsing: taxes

Russia’s 2026 budget reveals steeper tax hikes designed to power an ambitious military expansion amid the ongoing conflict. Experts warn that this increased financial strain on citizens highlights the Kremlin’s unmistakable decision to put defense spending ahead of domestic needs

Australia is bracing for economic fallout as the U.S. imposes a 10% tariff on its exports, igniting widespread anger among local industries. Trade officials warn the move could strain bilateral relations and escalate tensions in global markets.