US President pardons son Hunter Biden

US President pardons son Hunter Biden

In his final weeks in office, US President Joe Biden has officially pardoned his son Hunter, reversing his earlier position. Hunter Biden had been facing sentencing on federal gun and tax evasion charges. President-elect Donald Trump condemned the pardon as a "miscarriage of justice," while President Biden believes his son was politically targeted, according to The Guardian's Washington correspondent David Smith says President Biden believes his son's been targeted for […]

December 2, 2024 16

Namibia

Cryptocurrency suspects granted bail

Five people accused in an alleged cryptocurrency scheme were each granted bail of N.dollars 20 000 in the Windhoek Magistrate’s Court on Tuesday. Tango Muulyau, Shi Zi Jun, Lin Shu Lin, Chen You Yi, and Carlos Alejandro are implicated in an alleged cryptocurrency scam involving the recruitment of young Namibians. The suspects face charges alongside Fan Jia, Guo Linzie, Haifeng Zheng, Li Zirian, Chen Wuyu, Neng Jun Wu, Wu […]

December 21, 2023 97

Business / Economics

Airbnb agrees 576-mn-euro deal in Italy tax dispute

Short-term rental platform Airbnb said Wednesday it has agreed to pay Italy's tax agency 576 million euros ($621 million) following allegations of tax evasion. Italy's financial police seized over 779 million euros from the online accommodation service last month on the order of Milan prosecutors, who accused the site of having failed to collect a rental income tax from landlords in the period from 2017 to 2021. "Airbnb Ireland has […]

December 13, 2023 31