LND topic: financial-policy page 1

financial policy

When Banking Shuts Out Immigrants, Crypto Steps In

June 1, 2026

A recent government order puts pressure on banks to block accounts linked to undocumented immigrants. The rule pushes regulators to tighten fraud checks and limit financial services for people without legal status. Some experts say this move mirrors past attempts to restrict crypto use, while others

politics

Keir Starmer brings in heavyweights to steady the ship

May 10, 2026

Labour’s big election wipeout has left Keir Starmer scrambling for ways to keep his grip on power. Instead of quitting, he has turned to two veteran party figures—Gordon Brown and Harriet Harman—to shore up his leadership. Brown, who once steered the UK through the banking collapse of 2008, now face

finance

South Korea tightens crypto withdrawal rules to fight fast scams

April 9, 2026

South Korea now forces all crypto platforms to pause withdrawals the same way. The government stepped in after scammers kept tricking people into speedy transfers. Before, each exchange set its own quick-withdrawal loopholes, giving criminals a playbook to exploit. Now the system locks changes in pl

politics

Trump Takes on Wall Street: A Battle of Power and Politics

January 25, 2026

The recent legal action by former President Donald Trump against JPMorgan Chase and its CEO Jamie Dimon shows a growing tension between Trump and major financial institutions. This lawsuit, seeking $5 billion, claims that Trump and his businesses had their accounts closed for political reasons. Trum

business

China's Home Buyer Tax Break: What You Need to Know

January 14, 2026

China has decided to keep a helpful tax rule going. This rule gives people money back on their taxes if they buy a new home within a year of selling their old one. The government has said this will be in place from January 1, 2026, until December 31, 2027. This tax break is a big deal for people wh

finance

A Pioneer in Pakistan's Economic Landscape Passes Away

December 27, 2025

In the world of economics, few names stand out as much as Shamshad Akhtar's. She was a trailblazer, the first woman to lead Pakistan's central bank. At 71, she left behind a legacy that spanned decades and touched many aspects of Pakistan's economic life. Akhtar's career was marked by significant m

business

Israel's Plan to Tax Bank Profits: What's the Deal?

December 24, 2025

Israel is thinking about adding a new tax. This tax would be 15% on extra bank profits. The plan is to do this for five years. The idea is to tax profits that are more than 50% higher than the average from 2018 to 2022. Why are they doing this? Well, the government thinks banks are making too much

finance

Türkiye's Inflation: A Slow but Steady Descent

December 13, 2025

Türkiye is making progress in its fight against inflation. The finance minister expects the annual rate to drop into the 20% range by February. This is a significant improvement from the 64%-65% seen over the past three years. The government's goal is to bring inflation down to single digits, but th

finance

How Money Magic Tricked the UK

November 30, 2025

The UK's economy has been on a wild ride for over four decades. Two big mistakes, the resource curse and the finance curse, have shaped its path. These weren't accidents. They were choices made by leaders who thought they knew better. First, there was the resource curse. In the late 1970s and early

finance

UK's 2025 Budget: Tax Hikes and Freezes Explained

November 27, 2025

The UK's finance minister, Rachel Reeves, recently shared a budget plan that includes several tax changes. These changes aim to bring in more money for the government. The Office for Budget Responsibility (OBR) shared some details ahead of time, calling it a "technical error" later. One big change