Gulf Development Increases Stake in Kasikornbank to $610 Million

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Wednesday, May 21st, 2025

Gulf Development Increases Stake in Kasikornbank to $610 Million

Gulf Development PCL has significantly increased its investment in Kasikornbank PCL, acquiring a stake worth approximately $610 million. The move positions Gulf Development as the third-largest shareholder in the commercial lending institution. The company, controlled by Sarath Ratanavadi, Thailand’s wealthiest individual, has strategically expanded its financial portfolio through this substantial investment in one of Thailand’s […]

Deputy Prime Minister Urges Chancellor to Raise Taxes

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Wednesday, May 21st, 2025

Deputy Prime Minister Urges Chancellor to Raise Taxes

According to The Telegraph, the deputy prime minister has asked Chancellor Rachel Reeves to increase taxes. This request comes amid ongoing discussions about the government’s fiscal policy and budget planning. The call for tax increases represents a significant policy position from one of the government’s most senior officials, potentially signaling internal discussions about addressing current […]

Public R&D Investment Drives 25% of US Productivity Growth

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Tuesday, May 20th, 2025

Public R&D Investment Drives 25% of US Productivity Growth

New economic research reveals that public research and development (R&D) spending accounts for approximately one-quarter of U.S. productivity growth, generating enough tax revenue to cover its costs. This finding highlights the significant economic impact of government investment in scientific and technological advancement. The study demonstrates that federal R&D funding creates substantial returns for the American […]

House Prepares for Reconciliation Vote as Williams Addresses Small Business Issues

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Tuesday, May 20th, 2025

House Prepares for Reconciliation Vote as Williams Addresses Small Business Issues

Republican Representative Roger Williams of Texas recently shared insights on several key economic and legislative matters facing Congress. Williams discussed the upcoming House vote on the reconciliation bill and reflected on the Small Business Administration’s (SBA) performance during the Trump administration. He addressed concerns about Chinese investments in the United States. The Texas congressman, who […]

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