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TAO subsidies in Hungarian sports Could may HUF 1 tln in 2022
The amount of subsidies that flow into Hungarian sports in the form of corporate tax relief (TAO) next year may exceed the HUF 1 trillion milestone, according to business daily Világgazdaság.
Since the establishment of the system in 2011, a total of HUF 923 billion has been paid to associations and trade unions from the tax on companies producing profits.
According to a government decree published in the Magyar Közlöny, next year, the total value of the support certificates in this direction may be the same as this year, at HUF 124.9 billion.
Dancing With The Dragon - China: Friend or Foe?
China has increasingly dominated headlines as a growing economic superpower whose growth and foreign policy are rapidly restructuring international politics.
IMF urges El Salvador to remove bitcoin as legal tender
The IMF on Tuesday called on El Salvador to change course and stop using bitcoin as legal tender, citing "large risks" posed by the cryptocurrency.
Orbán to attend summit of European conservative party leaders in Madrid at weekend
Prime Minister Viktor Orbán will travel to Madrid this weekend to attend a summit of European conservative party leaders, the PM's press chief said on Tuesday, confirming Spanis...
China's high-tech warplanes pose 'big new threat' to Taiwan
China's deployment of J-16D jets into Taiwan's air defence zone this week marked the first sighting of the new high-tech warplanes, Taipei confirmed Tuesday, their electronic-ja...
How livable is Hungary compared to other countries in the world? – Fresh ranking
The freshly published list of Numbeo ranks the livability of all the countries in the world, based on their cost of living, purchase power and rent indeces. Let’s see where Hung...
Is chip giant Nvidia going to scrap its $40BN bid for Arm?
Nvidia’s proposed purchase of Arm Inc has drawn a fierce backlash from regulators and the chip industry.
Corruption is on the rise and pummeling human rights: New report
Some governments have used the coronavirus pandemic to allow corruption to flourish, Transparency International warns.
Billionaire predicts rise of China as US empire collapses
Ray Dalio compares political risks in the US with recent economic growth in China
Italy’s exiled royals want their jewels back
Descendants of Italy’s last king have formally requested that the state return their priceless jewels.
New York judge strikes down state COVID mask mandate
The mandate had been issued by governor after Kathy Hochul declared state of emergency amid Omicron spread.
The Beatles and John Lennon memorabilia to be sold as NFTs
John Lennon's eldest son Julian is selling several pieces of music history from his personal collection.
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