Finance Knuggets
May 28, 2024
I recently came across news about the ASEAN-Pacific Island links gaining focus amid the realities of the Indo-Pacific. The recent Singapore-Pacific High-Level Visit featured visiting ministers from Pacific Island countries and the secretary-general of the Pacific Islands Forum, signaling efforts to boost ties between Southeast Asia and the Pacific. Additionally, ASEAN and the Pacific Islands Forum have inked a new pact to advance cooperation, reflecting a greater focus on the grouping’s external relations.
In addition, there was information about the IRS ramping up tax audits. Lawmakers promised the IRS $80 billion over 10 years in 2022, in addition to the agency’s regular annual funding, and now wealthy individuals, large corporations, and partnerships are all audit targets. This development is noteworthy for taxpayers and those involved in financial matters.
Lastly, there was news about a special offer for a year of access to global coverage that keeps one up to date on the latest in business, finance, politics, tech, and culture. The offer includes unlimited access to Bloomberg.com and the Bloomberg app, subscriber-only content and newsletters, as well as analysis directly from experts with Bloomberg TV streaming 24/7. This can be significant for individuals interested in staying updated on global news and insights.
Stay Well!