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Kenya Plans Tax-Free Pay Up to US$249

Kenya plans zero income tax on monthly pay up to US$249, but nothing is law until Parliament passes a Bill, and the cost is not published. The post Kenya Plans Tax-Free Pay Up to US$249 appeared first on The Rio Times .

We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.

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Debt: Moody's spares France, "a brief respite", not a "vote of confidence"

Despite downgrade consensus, the agency kept France's sovereign rating unchanged, a short-lived relief, say economists, warning of a debt time bomb and worsening political and social tensions.

  • Moody's maintains France's Aa3 rating unchanged
  • Negative outlook cited budget reduction to 5% deficit
  • Government praises decision as recognition of economic strength

Big Chill Between Turkey and Azerbaijan

Diplomatic relations between Turkey and Azerbaijan have deteriorated sharply following an address by Azerbaijan’s President Ilham Aliyev asserting sovereign independence, which Ankara has interpreted…

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