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Sales Tax For Bitcoin Proposed

Sales Tax For Bitcoin Proposed

A new bill that Rep. Steve Stockman aims to introduce will require sales tax for the use of the Bitcoin. The proposed bill will be called the Virtual Currency Tax Reform Act, which may change the mandate of the IRS and how the agency will deal with virtual currencies. Stockman said it is a nascent […]

Ukraine And EU Hold Talks On Energy Security

Ukraine And EU Hold Talks On Energy Security

European Union representatives, Ukraine’s energy minister and several industry specialists participated in talks meant to cut both Ukraine’s as well as the EU’s reliance on Russian gas as tensions with the Moscow regime seem to continue growing. Tensions between the international community and Russia are still high, especially as pro-Moscow protesters seized several government buildings […]

Russia’s Rampant Corruption Major Cause Of Crimean Crisis

Russia’s Rampant Corruption Major Cause Of Crimean Crisis

Russia’s rampant corruption seems to be an indirect cause of the recent Crimean crisis that ended with the annexation of the former Ukrainian province. Once considered a domestic problem that Russia’s government and NGO’s have to deal with, it seems that corruption has created a catastrophically economic situation in the country, leading to an aggressive […]

Tsunami Triggered By Chile Earthquake

Tsunami Triggered By Chile Earthquake

A tsunami was generated by the 8.2-magnitude Chile earthquake, which also set of small landslides and caused power outages. Interior Minister Rodrigo Penailillo said five people died while around 300 prisoners escaped in the aftermath. The epicenter of the earthquake was around 60 miles northwest of the city of Iquique. Residents along the coast were […]

Search For Malaysia Airlines Flight 370 Boosted With Black-Box Detector

Search For Malaysia Airlines Flight 370 Boosted With Black-Box Detector

The Maritime Safety Authority of Australia revealed that it will send a ship that is capable of detecting an airplane black-box to help in trying to find the location of Malaysia Airlines Flight 370. The AMSA indicated that the warship will provide assistance to efforts in locating the missing aircraft. The ship was dispatched even […]

NATO Secretary Says He Sees No Russian Troops Retreating

NATO Secretary Says He Sees No Russian Troops Retreating

Anders Fogh Rasmussen, Nato’s Secretary General declared this Tuesday that even though Moscow claims to slowly pull back its forces from the border with Ukraine, NATO has no clear signs of this happening. Rasmussen declared that there are no signs of any troops retreating from the Ukrainian border at a meeting of NATO foreign ministers […]

BlackBerry May Incur Losses Until 2016

BlackBerry May Incur Losses Until 2016

Michael Walkley of Canaccord Genuity revealed that BlackBerry may continue to incur losses until the 2016 fiscal year. The analyst is expecting losses for the mobile device manufacturer to continue in the next two years. Although he was impressed with the cost-cutting measures implemented by the company, Walkley indicated that the long-term plans of the […]

Turkey Shuts Down YouTube After Security Leak

Turkey Shuts Down YouTube After Security Leak

The Turkish government ordered all internet providers to block the Google owned video website YouTube after a video of a security meeting was leaked. The video contains chiefs of staff discussing a possible intervention in neighboring Syria. The decision comes just one day after a Turkish court ordered the country’s government to lift the ban […]

Two North Korean Missiles Tested

Two North Korean Missiles Tested

Even as Japan, South Korea and the United States discussed the nuclear threats posed by North Korea, two North Korean missiles were tested recently. The two Rodong missiles were launched from Sukchon and landed in the sea between Japan and North Korea. South Korean Defense Ministry spokesman Lim Min-seok said it will not be easy […]

G8 Sochi Summit To Be Ignored By US

G8 Sochi Summit To Be Ignored By US

Russia is set to be temporarily excluded from the G8 summit, according to the United States and its allies. The group also indicated that it will boycott the Sochi summit in response to the takeover of Crimea by Russia. However, Foreign Minister Sergei Lavrov of Russia said if the G8 will not convene, it will […]

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