Daily Memo: Russia Raises Taxes, Houthis Get Anti-Ship Missile

Most Russians will not be affected by the tax reform, authorities say.

491

Death and taxes. Russia is planning tax hikes to help pay for its protracted war in Ukraine. The corporate tax rate will increase to 25 percent from 20 percent, while the personal income tax rate for the highest earners will go to 22 percent from 15 percent. Levies on certain forms of mineral extraction are […]

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Geopolitical Futures (GPF) was founded in 2015 by George Friedman, international strategist and author of The Storm Before the Calm and The Next 100 Years. GPF is non-ideological, analyzes the world and forecasts the future using geopolitics: political, economic, military and geographic dimensions at the foundation of a nation.