VENTURE CAPITAL POST

The new tax increase raises the taxable portion of capital gains exceeding $250,000 Canadian (US$181,000) from half to two-thirds.

Five regions under Belgium's federal system are considered to play key roles in signing off the Brexit trade deal. The intervention from those five regions could delay or block the deal.

The government has approved swapping of coal supplies between the public and private sector companies with the aim of augmenting the availability of fuel and reducing transportation charges.

A City Deal bid that will benefit the Swansea Bay City Region has been submitted for approval of UK government. The City Deal bid is expected to create thousands of jobs for the people across the region.

The Australian government boosted its funding to AU$76 million to encourage partnerships between university researchers and the industry. The fund forms part of the AU$1.1 billion National Innovation and Science Agenda.

German politician Thomas Opperman has threatened to fine Facebook up to €500,000 for every fake news on the platform. This came after Mark Zuckerberg announced the company's plans of building a more informed community, providing changes such as a simple way to flag articles that users think could be fake.

The Reserve Bank of India launched a new set of rules regarding the deposit of demonetized notes. The new set of restrictions were welcomed with complaints among confused individuals.

The Italian Prime Minister has called for a cabinet meeting to discuss the request for funds from the parliament. The funds will be used to rescue the country's most troubled banks.

Perry L. Pe, the president of the Management Association of the Philippines, said that businesses would thrive better if the government shifts to federalism. He said that the call of President Rodrigo Duterte to transition into a federalist form of government would promote regional competition and support the growth of investments.

Botswana's metals industry, the country's economic lifeblood, experiences a meltdown due to commodity price slump. The BCL Ltd. has closed its operations after being put under provisional liquidation.

Northern Ireland's Department for Communities stated that the government has committed $44 million to address the issue of homelessness. The funding will be used to provide support services for the homeless sector which Minister Paul Givan has communicated with in order to know their views.

A comparison in the compensation of government and private sector in Canada revealed a 10.6% wage gap. Public sector workers are found to get paid more and enjoy more benefits. The report also stated that workers in the public sector have better retirement programs and are less likely to experience job loss.

Apple is urging the US government to open its mind towards the advantage of self-driving cars.

Nova gas transmission reggulation has been reviewed by the canadian government.

As a response to China’s new anti-terror law, 25 tech companies in the country have signed a pledge to help the government combat online terror activities. Under the law, tech companies are required to decrypt information for Beijing and provide assistance to keep the internet from terror-related contents.