Free Republic

Treasury Secretary Janet Yellen said on Sunday she was confident the U.S. Congress would approve legislation to implement the global corporate minimum tax agreed by 136 countries. Yellen told ABC's "This Week" the actions to bring the United States into compliance with the global minimum tax would likely be included in the so-called reconciliation budget bill containing President Joe Biden's proposed spending initiatives. Asked whether she was confident the measure would get through, Yellen said: "Yes. I am confident that what we need to do to come into compliance with the minimum tax will be included in a reconciliation package....

Giant Mecca clock seeks to call time on Greenwich For more than a century, a point on the top of a hill in south-east London has been recognised as the centre of world time and the official starting point of each new day. But now the supremacy of Greenwich Mean Time is being challenged by a gargantuan new clock being built in Mecca, by which the world’s 1.5 billion Muslims could soon be setting their watches. Due to start ticking on Thursday as the faithful begin fasting during the month of Ramadan, the timepiece sits atop the Royal Mecca Clock...