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Are Wealth Taxes the Best Way to Tax the Ultra Rich?


Sree VijaykumarPlans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen.



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China to ease chip export ban in new trade deal, White House says
China to ease chip export ban in new trade deal, White House says
On soybeans, China has committed to buying 12 million tonnes of US soybeans in the last two months of 2025, and 25 million metric tonnes in each of the following three years - which is roughly the level they were previously at.


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Could smaller families 'rewild' the planet - and make humans happier?
Many economists and business leaders are raising alarms about falling birthrates. But advocates for lower human populations say a less crowded world will be happier and more sustainable.


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People Are Paying $200 to Hug Strangers
People Are Paying $200 to Hug Strangers
Singles are getting so lonely and touch-deprived that they're paying $200 to hug strangers. That's right: this loneliness epidemic is impacting us all. One of the best cures for a long, trying day is a warm hug from someone who loves you. However, if you lack that kind of intimacy in your day-to-day life, you [...]


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These workers aren't waiting to be laid off - they're building a Plan B
These workers aren't waiting to be laid off - they're building a Plan B
When Michael Permana realized his software engineering job at Amazon was at risk, he didn't panic. He took paternity leave.


 
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Here come the robot swarms!
Here come the robot swarms!
Researchers believe that machines, acting collectively, can accomplish tasks that are difficult for individual robots.


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Signature size and narcissism - a psychologist explains a long-ago discovery that helped establish the link
Signature size and narcissism - a psychologist explains a long-ago discovery that helped establish the link
Psychologist Richie Zweigenhaft found a link between signature size and self-esteem. A growing body of research has since established a link to narcissism as well.


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New York City Mayoral Election: What the Latest Polls Say
New York City Mayoral Election: What the Latest Polls Say
Close to half a million New Yorkers have cast their ballots in the closely watched NYC mayoral election. Here's what the latest polls say.


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True courage isn't being fearless, it's fearing well
True courage isn't being fearless, it's fearing well
Aristotle created the blueprint for the bravery we need to resist injustice and do the right thing, even at our own risk


 
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That Time Xi Jinping Joked About Espionage
That Time Xi Jinping Joked About Espionage
Xi Jinping gave two cellphones to South Korea's president, who asked how secure they were. "You can check if there's a backdoor," he said with a laugh.


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What we know about energy use at U.S. data centers amid the AI boom
What we know about energy use at U.S. data centers amid the AI boom
Data centers accounted for 4% of total U.S. electricity use in 2024. Their energy demand is expected to more than double by 2030.


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Humanoid robots could lift 4,000 times their own weight thanks to breakthrough 'artificial muscle'
Humanoid robots could lift 4,000 times their own weight thanks to breakthrough 'artificial muscle'
Researchers have developed a chemical structure for an artificial muscle that can lift up to 4,000 times its weight, and they say it could be used in future humanoid robots.


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'Soul-Crushing': Students Slam Harvard's Grade Inflation Report | News | The Harvard Crimson
'Soul-Crushing': Students Slam Harvard's Grade Inflation Report | News | The Harvard Crimson
Harvard students pushed back forcefully against a new University report condemning grade inflation, arguing that it misrepresented their academic experience and would add pressure to an already demanding campus environment.


 
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AI Will Reinforce the Worst Trends in Management - Bloomberg
AI Will Reinforce the Worst Trends in Management - Bloomberg
The most important question that companies face in deploying Artificial Intelligence (AI) is not technological but organizational: Should they use AI to increase the power of high-up managers or liberate front-line workers?


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Venezuela's Machado Says US Military Strikes May Be Needed to Oust Maduro - Bloomberg
Venezuela's Machado Says US Military Strikes May Be Needed to Oust Maduro - Bloomberg
Opposition leader Maria Corina Machado talks about life in hiding, the fight for democracy, and unconventional regime change


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These inherited IRA mistakes could reduce your windfall, advisors say
The rules for inherited IRAs can be complicated, and mistakes are costly. Here some of the biggest missteps and how to avoid them.


 
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What's next for the weight loss drug market: pills, rivals, insurance
Competition is heating up, but questions remain about insurance coverage, drug pricing, copycat drugs and the role of pills in the space.


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Spurned by Trump, Carney Begins Thawing Canada's China Connection
Spurned by Trump, Carney Begins Thawing Canada's China Connection
The meeting between Prime Minister Mark Carney and Xi Jinping, China's top leader, came after a long period of tension and estrangement.


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He told the world what was happening in El Fasher. Then they sought him out. How Sudan lost 'a true hero of the war'
He told the world what was happening in El Fasher. Then they sought him out. How Sudan lost 'a true hero of the war'
For months, Mohamed Khamis Douda shared accounts of what life was like under siege. He was killed when RSF fighters finally took the Darfur city, raising fears activists and civil society figures are being hunted down


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Egypt opens colossal new antiquities museum after two-decade wait
Prime ministers, presidents and royalty descended on Cairo on Saturday to attend the spectacle-laden inauguration of a sprawling new museum built near the Pyramids to house one of the world's richest collections of antiquities.


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Tourism to Xinjiang booms as China gives the region a makeover
Tourism to Xinjiang booms as China gives the region a makeover
China has repackaged Xinjiang into a tourist haven, touting "ethnic" experiences that activists say it's trying to erase.


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Hair transplants, finasteride and hair systems: Welcome to the world of hair restoration
Hair transplants, finasteride and hair systems: Welcome to the world of hair restoration
There are multiple ways for men to combat hair loss now, but should they have to?


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Molecule: The dangerous weight-loss drug that went viral on Russian TikTok
Molecule: The dangerous weight-loss drug that went viral on Russian TikTok
Those taking the drug, which contains a substance banned in many other countries, are experiencing severe side effects.


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It's not just soybeans. China also stopped importing U.S. coal amid Trump's trade war | Fortune
U.S. coal exports fell 14% from January through September compared to the same time last year, according to an EIA report released Oct. 7.


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Physicists Create a Thermometer for Measuring 'Quantumness'
Physicists Create a Thermometer for Measuring 'Quantumness'
"Anomalous" heat flow, which at first appears to violate the second law of thermodynamics, gives physicists a way to detect quantum entanglement without destroying it.


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From fast food to beverage giants, brands see rising income inequality among customers
From fast food to beverage giants, brands see rising income inequality among customers
Consumer brands are adjusting to a two-tiered economy as the new normal. Yet there are signs that even high-income customers are under pressure.


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Campari shares worth EUR1.3bn seized by police over alleged tax evasion
Campari shares worth EUR1.3bn seized by police over alleged tax evasion
The spirit manufacturer's parent firm is accused of failing to declare a similar amount in tax during a merger.


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Resetting the body's rhythm could protect the brain from Alzheimer's
Resetting the body's rhythm could protect the brain from Alzheimer's
Researchers discovered that altering the body's natural rhythm can help protect the brain from Alzheimer's damage. By turning off a circadian protein in mice, they raised NAD+ levels and reduced harmful tau buildup. The findings suggest that adjusting the body's clock may one day help prevent neurodegeneration.


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A New Startup Wants to Edit Human Embryos
A New Startup Wants to Edit Human Embryos
Seven years after the first gene-edited babies were revealed, biotech startup Manhattan Genomics is reviving the idea of editing human embryos to make disease-free children.


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It's always been hard to make it as an artist in America - and it's becoming only harder
It's always been hard to make it as an artist in America - and it's becoming only harder
Instead of treating creative work as a legitimate field, US labor policy, copyright law and the tax code have failed to offer artists stability or protection.


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How Childhood Relationships Affect Your Adult Attachment Style, according to Large New Study - Scientific American
How Childhood Relationships Affect Your Adult Attachment Style, according to Large New Study - Scientific American
A large new study reveals how early relationships with parents and friends influence how we relate to those closest to us in adulthood


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See the White House's Lincoln Bathroom after Trump's renovation
President Donald Trump unveiled a lavish marble-and-gold themed transformation of the Lincoln Bathroom in the White House.


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AI is teaching the next generation of M.B.A.s the classic case study - WSJ
AI is teaching the next generation of M.B.A.s the classic case study - WSJ
When students turn to artificial intelligence to do assignments, it's usually to do the work easier, faster and, to the chagrin of educators, with less brain power. Not so at Northwestern University, where AI is revolutionizing the cornerstone of American business education--the case study.


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Uncertainty Persists for Americans Waiting for Monthly Food Stamps
Uncertainty Persists for Americans Waiting for Monthly Food Stamps
Judges on Friday ordered the federal government to continue providing food assistance during the shutdown. But benefits will still most likely be interrupted.


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U.S. family moved to Russia to escape liberal culture and got drawn into the war with Ukraine
U.S. family moved to Russia to escape liberal culture and got drawn into the war with Ukraine
As many as 1,500 "ideological immigrants," including 127 Americans, have applied for temporary residence in Russia in the last year.


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US allies want answers before committing to Trump's Gaza peace force | CNN
US allies want answers before committing to Trump's Gaza peace force | CNN
More than a month after US President Donald Trump announced a ceasefire in Gaza, a key component of his plan has yet to materialize. The 20-point plan calls for a multinational force to stabilize the battered enclave, but potential participants say critical details about its mandate are still not finalized.


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Tens of thousands in Serbia rally in Novi Sad to mark train station disaster
Tens of thousands in Serbia rally in Novi Sad to mark train station disaster
Tens of thousands of people have gathered in Novi Sad, Serbia, to commemorate the victims of last year's railway station disaster. The collapse of a concrete canopy killed 16 people and sparked youth-led protests demanding political change. Protesters accuse the government of corruption and negligence in infrastructure projects. President Aleksandar Vucic has faced criticism for cracking down on protests. On Friday, he apologized for his harsh rhetoric. Protesters remain resolute, demanding early elections. Serbia's bid for European Union membership has stalled due to Vucic's close ties with Russia and China and his crackdown on democratic freedoms.


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Gunman Kills Mayor Who Wanted Police to Target Mexico's Drug Gangs
Gunman Kills Mayor Who Wanted Police to Target Mexico's Drug Gangs
Carlos Manzo, a mayor in the state of Michoacan, had repeatedly asked President Claudia Sheinbaum for more resources. He was shot outside a church.


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Number of Irish citizens deported from US up by more than 50%
Number of Irish citizens deported from US up by more than 50%
New figures show more Irish citizens are being deported from the US, amid a crackdown by immigration officials.


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What is Bending Spoons? Everything to know about AOL's acquirer
What is Bending Spoons? Everything to know about AOL's acquirer
Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.


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Syria's President to Visit Washington for First Time Since Taking Power
Syria's President to Visit Washington for First Time Since Taking Power
The president, Ahmed al-Shara, was until recently wanted by the United States as a terrorist with a $10 million bounty on his head.


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ATO is paying private debt collector $42m to pursue taxpayers, including welfare recipients
ATO is paying private debt collector $42m to pursue taxpayers, including welfare recipients
The independent federal politicians Zali Steggall and Andrew Wilkie have sharply criticised the use of a private debt collector to pursue at-risk individuals, labelling it “heavy-handed” and indicative of “deep cultural problems” within the ATO.


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Strap in for a feral lead-up into Christmas in the NSW parliament
Strap in for a feral lead-up into Christmas in the NSW parliament
Voluntary assisted dying is also one of those issues that will unite the conservatives in the upper house. The Liberal MLC Susan Carter has introduced a bill to parliament to amend VAD laws to allow residential aged care providers which object to VAD on faith grounds to “decline to facilitate the administration of voluntary assisted dying services in the same way, and subject to the same obligations to make alternative arrangements, as hospitals”.


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Ukraine deploys special forces to Pokrovsk in effort to hold key city
Ukraine deploys special forces to Pokrovsk in effort to hold key city
The strikes, which have targeted Ukraine’s fragile energy grid for the fourth winter running, have cut power to hundreds of thousands of people. On Sunday, officials said the entire region of Donetsk was without power as were nearly 58,000 people in the Zaporizhzhia region.


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Israel threatens to step up attacks against Hezbollah in Lebanon
Israel threatens to step up attacks against Hezbollah in Lebanon
Aoun had called for talks with Israel in mid-October, after the US president, Donald Trump, helped broker a ceasefire in Gaza. But Aoun later accused Israel of responding to his offer by intensifying its airstrikes.


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How one man made six million Wikipedia edits (and counting) | BBC Science Focus Magazine
How one man made six million Wikipedia edits (and counting) | BBC Science Focus Magazine
He's touched a third of all articles on English Wikipedia. But the site's founder says it's not all about the numbers


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The weird ways resting more can make you stronger, faster and fitter | BBC Science Focus Magazine
The weird ways resting more can make you stronger, faster and fitter | BBC Science Focus Magazine
Sleep has been called the 'fourth pillar of performance' alongside eating, hydrating and exercising.


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New Weapons Testing Ordered by Trump Won't Include Nuclear Explosions, Wright Says
New Weapons Testing Ordered by Trump Won't Include Nuclear Explosions, Wright Says
Energy Secretary Chris Wright said the testing ordered up in a surprise announcement by President Trump last week would focus on “the other parts” of nuclear weaponry.


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Indiana Republican Tries Different Approach in Debate on Voting Maps: Listening
Indiana Republican Tries Different Approach in Debate on Voting Maps: Listening
As redistricting efforts spread across the country, an Indiana state senator said he isn’t sure how he will vote on a plan that President Trump supports.


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Latest U.S. Military Boat Strike in Caribbean Sea Kills 3, Pete Hegseth Says
Latest U.S. Military Boat Strike in Caribbean Sea Kills 3, Pete Hegseth Says
The strike, carried out on Saturday, was the 15th announced by the administration in its campaign against vessels it claims are smuggling drugs.



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