Saturday 4 July 2015

Egypt implements temporary tax increase for wealthy

Egypt's interim president, Adly Mansour, on Thursday signed into law a temporary five per cent income tax increase on individuals earning more than 1 million Egyptian pounds ($139,900) a year, state news agency Mena said. The tax will appl


Snowden seeks temporary asylum in Russia

Former US spy agency contractor Edward Snowden applied for temporary asylum in Russia on Tuesday after three weeks holed up at a Moscow airport trying to avoid prosecution in the United States on espionage charges. Snowden is seek

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