Category: AP

Jun 17

Louisiana is poised to hike its sports betting tax to help colleges pay their athletes

“These bills, and the inevitable ones that will follow, are intended to make states ‘college-athlete friendly,”‘ said David Carter, founder of the Sports Business Group consultancy and an adjunct professor at the University of Southern California. But “they will no doubt continue to stoke the debate about the ‘perceived’ preferential treatment afforded athletes.”
Jun 14

First direct flight from US to Greenland since 2008 lands on Trump’s birthday

Tourists will spend money at local businesses, and Greenlanders themselves will now be able to travel to the U.S. more easily, Nathanielsen, the minister for business, mineral resources, energy, justice and gender equality, told Danish broadcaster DR. The route is also an important part of diversifying the island’s economy, she said. Fishing produces about 90% […]
Jun 11

Syria’s post-war economic recovery will require ‘substantial’ international support, IMF says

But Syria has a laundry list of reforms it must undertake, including improving its tax collection system, making sure its national budget can pay public sector salaries and basic healthcare and education, empowering the central bank to take measures to bring back confidence to the local currency, and rehabilitate its outdated and battered banking system […]