Airlines cancel flights, ground planes as jet fuel shock hits Europe – POLITICO

The High Cost of Staying Airborne: Navigating the Jet Fuel Shock The aviation industry is currently grappling with a volatile economic landscape where fuel costs are no longer just a line item—they are a primary driver of financial instability. A recent “jet fuel shock” hitting Europe has forced airlines to ground planes and cancel flights, … Read more

Iran war sparks EU proposal to reduce tax on electricity and encourage green transition

EU Plans Energy Tax Overhaul Amidst Iran Crisis: A Shift Towards Electrification? European Union policymakers are preparing a significant overhaul of energy taxation, aiming to mitigate the impact of the escalating Iran crisis on energy prices and accelerate the transition to cleaner energy sources. A draft proposal, slated for release on April 22nd, focuses on … Read more

Victoria’s short-stay levy may be contributing to drop in holiday rental growth, data suggests

Victoria’s Short-Stay Levy: A Year Later, Is the Tide Turning? More than a year after its introduction, Victoria’s 7.5% short-stay levy is showing early signs of impacting the state’s rental market. While the government initially aimed to generate $75 million in its first year to fund social and affordable housing, the levy actually exceeded expectations, … Read more

Rachel Reeves gambling taxes blamed by Ladbrokes owner for £681million losses

Ladbrokes Owner Entain Feels the Pinch of Fresh Gambling Taxes Entain, the parent company of Ladbrokes and Coral, has reported a significant £681 million loss for 2025, a substantial increase from the £461 million loss reported the previous year. The primary driver behind this widening deficit is a £488 million impairment charge directly linked to … Read more

Los Angeles, Bay Area voters will decide whether to hike already high sales taxes | Dan Walters | Dan-walters

California voters face a busy election year, with decisions looming on a new governor, state legislators, and a series of ballot measures. Simultaneously, local officials in Los Angeles County and the San Francisco Bay Area are seeking voter approval for increased sales tax rates, already among the highest in the nation. Tax Increases on the … Read more

Will my pension fund expose me to a higher bill if my spouse needs nursing home care? – The Irish Times

Navigating the Fair Deal Scheme and Your Approved Retirement Fund (ARF) The Irish Fair Deal scheme, officially known as the Nursing Home Support Scheme, aims to assist individuals with the costs of long-term nursing home care. However, understanding how it interacts with retirement funds, particularly Approved Retirement Funds (ARFs), can be complex. Recent queries highlight … Read more

Labour’s VAT raid ‘dismantling decades of careful work’ as private schools and parents lose court appeal

Private School VAT Ruling: A Blow to Independent Education and What It Means for Families Families seeking private education have suffered a significant legal defeat as the Court of Appeal upheld the Labour government’s policy of applying a 20% VAT to private school fees. The ruling, delivered on Friday, February 27, 2026, dismisses claims that … Read more

The Dutch have a new government. Now the hunger games begin. – POLITICO

Navigating the Tightrope: The Fragile Future of the New Dutch Coalition The Netherlands has a new government, but the path ahead is fraught with challenges. The recently formed coalition, led by Prime Minister Jetten, faces a delicate balancing act, requiring support from both the far-right and the left to achieve its goals. This precarious position … Read more

Disney Losses: Snow White Controversy & $200M Write-Down

Disney’s ‘Snow White’ Flop: A Harbinger of Hollywood’s Shifting Landscape? Disney’s live-action “Snow White” has become a cautionary tale, reportedly losing nearly $170 million, or approximately Rp 2.85 trillion, according to financial filings. The film’s failure isn’t just about a poorly received remake; it signals deeper challenges facing Hollywood, particularly regarding production costs, audience expectations, … Read more

Ideal Tax Ratio Figure for Indonesia Difficult to Determine, Says Minister Purbaya

Indonesia’s Finance Minister Purbaya Yudhi Sadewa acknowledged on Monday, February 9, 2026, that determining an ideal tax ratio for the 2026 State Budget remains a challenge. He stated that the country’s tax structure is “rigid,” making rapid adjustments difficult. Tax Ratio Challenges According to Minister Purbaya, there is no clear answer to what the ideal … Read more