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America One News
17 Nov 2024
#society
Front Page Magazine: A Muslim Honor Killing Attempt in Washington Refugee Resettlement City
A father, Ihsan Ali, attempted to choke his 17-year-old daughter at a bus stop in Lacey, Washington, in an alleged honor killing after she refused an arranged marriage. Both he and his wife, Zahraa Ali, face charges of attempted murder.
The incident highlights concerns about honor killings within immigrant communities, as Washington State has seen a significant influx of refugees, ranking 8th nationally for refugee resettlement.
#economy
Le Monde: France's gold rush 2.0
At the Comptoir National de l'Or in Toulouse, the rising gold prices reflect the economic disparities and emotional narratives of customers. The store serves as a microcosm of French society, where individuals from various backgrounds come to appraise their gold, revealing personal stories tied to their items.
Manager Sandra Sanchez observes a mix of apprehension and hope among clients, as they navigate the process of selling their gold. The shop's bustling atmosphere highlights the significance of these transactions, not just financially, but also as a means of connection and reassurance in challenging times.
Forbes: The Inside Story Of Scott Bessent’s Ascent To Possible Treasury Secretary Nominee
Scott Bessent, a hedge fund executive and former aide to George Soros, is emerging as a leading candidate for U.S. Treasury Secretary under Trump. Known for his quick wit and economic acumen, Bessent has built strong relationships with influential figures and has committed significant funds to support Trump.
Bessent's past includes a blend of liberal and conservative affiliations, but he is now a staunch Trump supporter, emphasizing concerns over government spending. His potential nomination could position him as a key player in shaping U.S. economic policy.
Forbes: Should They Stay Or Should They Go? Your Guide To Tax Provisions Set To Expire In 2025
As we approach 2025, taxpayers are concerned about potential changes to the Tax Cuts and Jobs Act (TCJA) of 2017. Key provisions set to expire include the increased standard deduction, personal exemptions, and child tax credits, which could revert to pre-2017 levels, resulting in higher taxes for many.
Other notable changes could affect itemized deductions, moving expense deductions, and the alternative minimum tax. If these provisions expire, taxpayers may face limitations on deductions for state and local taxes, mortgage interest, and miscellaneous expenses. The implications could significantly impact individual tax liabilities.
#technology
Forbes: Rocket Lab’s Founder Peter Beck Just Became The World’s Newest Space Billionaire
Rocket Lab USA, founded by New Zealand native Peter Beck, has become a notable competitor to SpaceX, with its stock surging over 300% in the past year. Beck's fortune has reached approximately $1 billion, bolstered by a strong revenue forecast and a multi-launch agreement for its new Neutron rocket.
Rocket Lab, which has launched 197 small spacecraft since 2017, went public in 2021 and is now valued at $4.1 billion. Beck believes Rocket Lab could emerge as the second-largest space company, narrowing the valuation gap with SpaceX as both firms develop similar technologies.