Tag Archives: trading

Moscow Food Co-op donates more than $ 7,000 of food to local food banks | | Instant News


Since November 24, owners and customers of the Moscow Food Cooperative have donated $ 7,740 worth of food to a local food bank through the Moscow Food Cooperative Community Fund Food Movers, according to a news release from the shop.

The drive was made in response to the anticipated need for food and groceries in the community during the holiday season, the release said. The cooperative makes pre-bagged food donations of $ 10, $ 20, and $ 50 available for customers to purchase and donate. Donation bags can be purchased off the shelf or through cooperative e-commerce websites and curbside delivery services.

Once purchased, the bags are handed over to the local food bank for distribution. Charitable organizations that receive and distribute $ 7,740 in food donations include: Food Not Bombs, The Troy / Deary Food Bank, Sojourners’ Alliance, Safari Pearl Food Drive, Palouse Cares and Vandal Food Pantry.

For information on how to donate, call (208) 882-8537 or visit the co-op website at moscowfood.coop.

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Traders warned of gas shortages in 2021 | Instant News


The Korangi Trade and Industry Association (KATI), in a letter written to the Ministry of Energy, expressed serious concern regarding gas supplies during the summer.

KATI emphasized the importance of providing the required amount and pressure of gas to the existing K-Electric power plants, according to the letter.

The association stressed that K-Electric’s gas needs must be met to ensure a consistent electricity supply throughout Karachi, especially during the summer.

“In this case, the Gas Sales Agreement (GSA) must be signed between Sui Southern Gas Company (SSGC) and K-Electric, for the benefit of Karachi,” he said.

In the letter, KATI also highlighted the need to sign an agreement with Pakistan LNG Limited (PLL), for the provision of RLNG to ensure the timely commissioning of additional power plants.

Appreciating the positive steps being taken to supply an additional 1,400 megawatts of electricity from the national grid, for Karachi, the association said, “Pakistan’s industrial sector is now on its way to reviving, once again, after the economic crisis caused by the global pandemic.”

KATI expects full cooperation and support from the Ministry of Energy, especially during the summer when demand for electricity increases.

According to sources, the construction work of the new K-Electric 900MW, the RLNG plant located in Bin Qasim, is moving at high speed, to ensure its completion before summer.

Published in The Express Tribune, January 17th, 2021.

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Virginia is betting on a game of skill to make COVID-19 aid money, and now lawmakers want to allow the machine to continue | Latest Title | Instant News


Similar fighting has occurred in other states. In Pennsylvania, the casino industry has clashed with gambling machine distributors. Last fall’s casino revenue was higher than the previous fall, thanks to online gaming and sports betting. People shifted their gambling online during the pandemic, and incomes at physical casinos fell.

Flying J pilots, which have 22 travel centers in Virginia, have urged the legislature to keep the game going.

“We are currently closely evaluating the potential impact of removing games from our locations, including reduced revenue and taxes for states and fewer amenities for professional drivers to enjoy during their breaks,” said Scott Klepper, senior facility revenue manager for Pilots. “Our goal is to provide guests with an extraordinary experience and a variety of offerings to make road travel easier.”

The Krizek bill is expected to get its first hearing on the ABC and Gaming subcommittee of the House General Law Committee on Tuesday.

If it advances through the legislative process, the bill may face its toughest challenges in the strong House Allocation Committee or Senate Finance. The two seats – Senators Janet Howell, D-Fairfax, and Del. Luke Torian, D-Prince William – wants the machine banned on July 1.

“The General Assembly agreed with the governor’s decision to allow gray machines to operate until July 1, 2021, during the April session, but further delays on the ban could jeopardize areas that recently approved casino gaming and harm the burgeoning industry, “Torian said in a statement.

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UK regulators end fraud investigation into BAT | Local | Instant News


“BAT is pleased that the SFO has closed its investigation and the SFO has not taken any further action on this matter. BAT remains committed to the highest standards in conducting its business,” the company said.

It is unclear the status of the investigation by two US regulators whether BAT is in breach of international sanctions, the manufacturer said in its 2019 financial reports.

The regulators are the US Department of Justice and the Office of State Assets Control, a financial intelligence and enforcement agency within the US Treasury. The list of affected countries has not been disclosed.

“The group is cooperating with the investigations of the authorities,” BAT said in October of a US investigation. “The potential fines, penalties or other consequences at this time cannot be assessed.”

“It is not yet possible to identify a time scale on which this problem might be resolved,” he said.

On Friday, BAT said in a statement that “we are continuing to cooperate with the US authorities regarding their sanctions investigation. There are no further updates at this time.”

Campaign for Tobacco-Free Children, a US anti-tobacco advocacy group, has urged regulators and the US Justice and Securities and Exchange Commission Congress to carry out their own investigations into BAT relating to the Foreign Corrupt Practices Act.

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USTR says Austrian, Spanish, UK digital taxes discriminate against US companies | Instant News


WASHINGTON (Reuters) – The US Trade Representative Office said Thursday it had found that a digital services tax imposed by Austria, Spain and the UK discriminated against US companies and was inconsistent with international tax principles, but would not take immediate action.

Releasing the results of a “Section 301” investigation into the country’s digital taxes, US Trade Representative Robert Lighthizer said the trade agency would continue to evaluate all available options.

“The best outcome is that countries come together to find solutions,” Lighthizer said in a statement.

Announcement here reflects last week’s findings in similar digital services tax imposed by India, Italy and Turkey, and follows USTR’s decision to suspend planned tariffs on French cosmetics, handbags and other goods as a penalty for France’s digital services tax.

The decision not to impose tariffs immediately provided breathing room for USTR President-elect Joe Biden, Katherine Tai, to try to negotiate a tax dispute settlement once he takes office in the coming weeks.

The Section 301 report found that foreign digital taxes discriminated against big US tech companies, such as Google, Facebook, Apple and Amazon.com, that hinder US trade. The US Treasury Department has tried to negotiate a global treaty on digital taxation through the Organization for Economic Cooperation and Development, but talks have stalled in recent months.

The issue is also complicated by US President Donald Trump’s feud with big tech firms during his fading days in office, one source with knowledge of the matter told Reuters.

The source added that it made sense to postpone unilateral tariffs for now to allow OECD talks to continue and avoid tying the hands of Biden’s trade team. USTR officials have stepped up efforts to ensure a smooth transition to the new government since mid-December, the source said.

Reporting by David Lawder, additional reporting by Andrea Shalal; Edited by Chizu Nomiyama and Alexandra Hudson

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