Italy is not just a dream destination for tourists. It's becoming a hotspot for the wealthy. Over 3, 600 millionaires moved there last year. They brought in €21 billion. Why? Italy offers a special tax deal. It's called the CR7 rule. Named after Cristiano Ronaldo, it lets newcomers pay a flat tax. T
In a bold move, Uruguay’s finance chief announced that the country will start issuing half of its government debt in its own currency, the peso. This change is part of a wider plan to reduce reliance on the U. S. dollar and shield the economy from foreign currency swings. Back in the early 2000s, a
Portugal is in a tough spot. The country is trying to keep its budget balanced and reduce debt, but recent storms have made things harder. The finance minister, Joaquim Miranda Sarmento, said that helping people and businesses affected by the storms is a priority. This means that the government migh
Portugal is in a tough spot. The country is trying hard to keep its budget in check and reduce debt. But, storms have caused a lot of damage. This makes things more complicated. The finance minister, Joaquim Miranda Sarmento, spoke about this. He said that helping people and businesses affected by
A law aimed at reducing drunk driving deaths is stuck in the slow lane. The law, passed in 2021, requires new cars to have tech that detects if a driver is drunk or impaired. This tech could be things like sensors that check for alcohol in the air or scanners that track eye movements. The goal is to
The Berlin Film Festival, known for its political discussions, has seen a shift in 2026. Many celebrities are choosing to stay quiet about political issues. This has sparked debates about whether artists should use their platform to speak out. Wim Wenders, Michelle Yeoh, and Neil Patrick Harris hav
The United States is heading toward a point where the money it borrows could cost more than its economic output. The Treasury issues bonds that pay interest, and those rates have climbed after the Federal Reserve raised rates. Now the average cost is about 3. 3 percent and is expected to reach nea
Larry Bushart, a 61-year-old former cop, found himself in hot water after a heated Facebook debate. He was known for his strong left-leaning views in a conservative area of Tennessee. His online battles were intense, but he never expected them to land him in jail. It all started when a gunman kille
The United States is at a crossroads with artificial intelligence. Big states like New York and California have already passed laws that aim to keep AI safe for everyday life. These rules cover things such as protecting consumers, respecting civil rights, and preventing misuse in schools and workpla
Chicago is taking a big step. It wants to sell about $1 billion in debt. This debt comes from things like unpaid parking tickets. The city is hoping investors will buy this debt. But there's a catch. A top finance official says this is risky. The official warns it might be costly. Investors might no
