British schoolboy killed in Italy after 'canyoning' accident Telegraph.co.uk A team of investigators from Italy's finance police visited the scene and is now handling the investigation, with the questioning of witnesses set to continue through to Monday said an official. The official said more details of the incident would be …
Walmart has been widely criticized for shifting the costs of its low-wage model onto taxpayers. This report, co-published by IPS and Americans for Tax Fairness, reveals that taxpayers also subsidize much of the cost of Walmart’s executive pay. Specifically, the report calculates the cost of a tax loophole that allows Walmart and other corporations to deduct unlimited amounts from their income taxes for the cost of executive compensation if it is in the form of stock options and other so-called “performance pay.”
Key report findings:
Walmart reduced its federal tax bills by an estimated $ 104 million over the past six years by exploiting a tax loophole that allowed eight top executives to pocket more than $ 298 million in “performance pay” that was fully tax deductible. That sum would have been enough to cover the cost of free school lunches for 33,000 children for those six years.
Michael T. Duke, Walmart’s recently retired President & CEO and currently Chairman of the Executive Committee of the Board of Directors, pocketed nearly $ 116 million in exercised stock options and other “performance pay” during the period 2009-2014. That translates into a taxpayer subsidy for Walmart of more than $ 40 million—enough to cover the average cost of food stamps for 4,200 people for those six years.
Taxpayers would save $ 50 billion over 10 years, according to the Joint Committee on Taxation, if Congress closed this perverse “performance pay” loophole by capping the tax deduction at $ 1 million for each employee’s total compensation, with no exceptions for performance pay.
The U.S. Department of Labor’s Office of Disability Employment Policy today announced the availability of $ 2,083,300 for two cooperative agreements to improve post-secondary education and employment opportunities for youth with disabilities through the Pathways to Careers: Community Colleges for Youth and Young Adults with Disabilities Demonstration Project. |||||||http://www.dol.gov/opa/media/press/odep/ODEP20141236.htm
15 African Heads of State and Government are meeting in Malabo, Equatorial Guinea, to commemorate the 10th Anniversary of the AU Peace and Security Council. They must act to help the people caught up in the conflicts in Africa, including in South Sudan, Sudan, Somalia, and Central African Republic.
Addis Ababa, Malabo, and 25th June 2014 – Today, 15 African Heads of State and Government are meeting in Malabo, Equatorial Guinea, to commemorate the 10th Anniversary of the AU Peace and Security Council (PSC).
They meet at a time when the soccer World Cup is underway in Brazil. While footballers are dazzling the world and fans are cheering for their teams, Oxfam is calling for more attention to the dire realities of people living in Central African Republic (CAR), South Sudan, Sudan and Somalia.
In South Sudan—the world’s newest nation—thousands have been killed and 1.5 million have had to flee for their lives; that alone is nearly three times more than the number of fans at the World Cup. More than 7 million South Sudanese do not have enough food to eat. It doesn’t end there: 3 million people are in crisis in Somalia, 2.5 million in the Central African Republic and over 6 million in Sudan.
With 500,000 football fans at the World Cup to cheer on their teams, Brazil has employed 170,000 security personnel. That is almost five times as many peacekeepers deployed today to protect civilians caught up in the conflicts engulfing South Sudan, Somalia, Sudan and the Central African Republic.
Désiré Assogbavi, Head of Oxfam Liaison Office to the African Union says: “Conflicts do not ignite overnight. The African Union has mechanisms to warn of conflicts. At this special occasion, we strongly urge our leaders to take firm action to intervene. It is important that early warnings are acted upon timely. It is only by doing so that the promise to “silence the guns” in Africa can be realized.
He continues: “It’s not too late to prevent famine in South Sudan or stop the conflicts in Sudan, Somalia and the Central African Republic from worsening. African leaders can save lives by getting people the help they need and by pressuring the leaders in these conflict-afflicted countries to lend their weight to end these conflicts.
The African Union and the international community need to get off the bench and get in the game as a matter of urgency.”
It is important that early warnings are acted upon timely. It is only by doing so that the promise to “silence the guns” in Africa can be realized.
Idaho mountains named after Scottish earl Coeur d’Alene Press From the towering snow-covered peaks north of Glacier National Park in British Columbia, the Selkirk Mountains stretch 200 miles south into Eastern Washington and Idaho, ending at Mica Peak in Kootenai County. They are … Thomas was more interested in …
NGOs call out palm oil giant KLK after loss in PNG court Astro Awani KUALA LUMPUR: A Malaysia-based palm oil giant has been urged to address issues of reported deforestation, forced labour and land grab in other countries, after losing a court case involving a developed ancestral land in Papua New Guinea(PNG).
Why bother about marine Jakarta Post We realized that although the villages were located along the coast, most households relied on agriculture while others earned from hunting and paid labor as conservation patrollers or contract work for the logging and mining companies. … Worse …