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Invest Offshore News
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U.S. Department of the Treasury Withdraws from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS)
WASHINGTON – The U.S. Department of the Treasury’s (Treasury) Federal Insurance Office (FIO) today notified the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) that it is withdrawing its membership. Withdrawal from NGFS is one part of implementing President Trump’s Executive Orders Putting America First in International Environmental Agreements and Unleashing…
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Chinese New Year 2025: The Year of the Wood Snake and Global Celebrations
The world is gearing up for a grand celebration of Chinese New Year 2025, marking the transition into the Year of the Wood Snake. This year, the Lunar New Year begins on January 29, 2025, with festivities stretching over 15 days, culminating in the spectacular Lantern Festival. As one of the most significant cultural celebrations…
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End of Green New Deal, Paris Agreement and Welcome New Era of Economic Freedom
Marking a pivotal shift in America’s approach to economic policy and energy independence, the end of the Green New Deal, the United States’ exit from the Paris Agreement, and the introduction of H.R.25 herald a bold new era for innovation and growth. These seismic shifts signal a renewed focus on liberty, economic opportunity, and the…
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What You Need to Know About DeepSeek R1: A Game-Changer in the AI Landscape
The artificial intelligence (AI) market has a new disruptor: DeepSeek R1. Unveiled last Monday by the Chinese AI firm DeepSeek, this open-source language model is already making waves globally. Promoted as a competitor to OpenAI’s offerings, DeepSeek R1 is rapidly gaining traction as a standout in AI innovation. Here’s what you need to know about…
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Comparing Corporate Tax Rates: USA vs. Ireland, Bermuda, and the Cayman Islands
For multinational corporations and offshore investors, corporate tax rates play a crucial role in deciding where to establish business operations. Countries such as Ireland, Bermuda, and the Cayman Islands have long attracted businesses seeking tax-efficient jurisdictions, while the United States, with its vast market and regulatory complexities, offers a different set of advantages. In this…
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Canadians Paid Over $350B in Income Tax in 2023—And It Doesn’t Stop There
In 2023, Canadians collectively paid over $350 billion in income taxes. While that figure alone is staggering, it barely scratches the surface when you factor in other taxes like Provincial Sales Tax (PST), Carbon Tax, property taxes, excise duties, and a myriad of hidden levies that significantly inflate the overall tax burden. Many Canadians are…
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Panama Canal Back in U.S. Hands, Puerto Rico Set for Statehood, and Hawaii Gains Sovereign Status
The tides of history are shifting. President Donald J. Trump has vowed to correct what he calls “one of America’s greatest strategic blunders”—the giveaway of the Panama Canal. At the same time, Puerto Rico is poised to finally become the 51st state of the Union, while Hawaii is set to reclaim its sovereignty. These moves,…
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