Khazen

Lebanese army to completely control borders with Syria: British source

BEIRUT,  (Xinhua) — British diplomatic sources in Beirut said that Lebanese Armed Forces will have complete control over its borders with Syria in 2019, local newspaper Asharq al-Awsat reported on Saturday. “The Lebanese Armed Forces have improved their capabilities over the past 10 years which turned them into a professional army able to protect Lebanon […]

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Roundup: Lebanese companies eye role in Syria’s reconstruction process

DAMASCUS,  (Xinhua) — Lebanese companies are opting to take part in the rebuilding process in Syria because of its proximity and the mixed social fabric with Syria. Lebanese companies have recently been active in taking part in the fairs that are being held in Damascus. Their latest participation is the undergoing Industrial Fair at Damascus’ […]

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Impressions Of Beirut, Lebanon in Pictures

 by onemileatatime.com — Ben Schlappig (aka Lucky) There’s quite a bit to see in the city itself, from the Pigeon Rocks to the Roman Baths to the National Museum of Beirut. You can also visit a mountain in Harissa, with beautiful views of the coast.

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‘This has been a nightmare’: Carole Ghosn, wife of ousted Nissan chief, fears Japan trial may be unfair

by AP — Carole Ghosn, the wife of former Nissan and Renault chief Carlos Ghosn, said in an interview that she is worried whether her husband, detained in Japan on financial misconduct allegations, will receive a fair trial, and expressed outrage over a justice system that dragged him back into custody. “This has been a […]

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Lebanese PM warns of catastrophe without austerity

BEIRUT (Reuters) – Lebanon faces catastrophe if the government does not agree what may be the most austere budget in its history, the prime minister said on Wednesday, urging national unity and saying everyone should be ready for sacrifices if necessary. Prime Minister Saad al-Hariri’s government is finalizing a 2019 state budget expected to follow […]

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Beirut’s new airport to be opened in June

BEIRUT, (Xinhua) — Lebanon’s Interior Minister Raya El Hassan said Tuesday that Beirut’s new airport will be opened in June 2019, the National News Agency reported. “We will try to launch the new airport within a few months from now in a bid to facilitate the lives of people traveling through the airport,” Hassan said […]

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Tax returns show many 2020 Democrats have one financial habit in common

Democratic presidential candidate and former Texas congressman Beto O'Rourke speaks during the National Action Network Convention in New York, Wednesday, April 3, 2019. (AP Photo/Seth Wenig)

by businessinsider.com —A handful of 2020 Democratic presidential candidates publicly released their tax returns on Monday, attempting to contrast themselves with President Donald Trump, who has withheld his private financial information for his entire presidency, even in the wake of congressional investigations. But many of those Democratic candidates’ tax returns revealed how little they give to charity each year compared with average American households with similar income levels. This is despite the significant wealth of those presidential candidates. Former Texas Rep. Beto O’Rourke released 10 years of tax returns filed jointly with his wife, Amy. In 2017, the O’Rourkes earned $366,455 but only gave $1,166 to charity. That is just over 0.3% of their income in charitable contributions. Similarly, the O’Rourkes gave just 0.2% of their income to charity in 2016.

By comparison, the average American household in the same income bracket that itemizes its deductions gave $21,364 to charity in 2016, according to IRS data. The O’Rourkes’ charitable contributions do not get much larger in other years either. The last time they gave more than $10,000 was in 2013, when they donated just over 4% of their income to charity. Like O’Rourke, Vermont Sen. Bernie Sanders gave relatively little to charity compared with other Americans, despite writing a book that made him a millionaire in 2016.

Sanders, who for years resisted releasing several years of his tax returns, earned $1,073,333 but gave $10,600 to charity — or just less than 1% of his income. Based on 2014 IRS data, people who made more than $1 million that year took an average charitable deduction of $382,953, or 5.6% of their income. Sanders’ campaign said that proceeds from his 2012 book, “The Speech,” are donated to charity and not reflected in his returns. Sanders boosted his charitable giving in the years since 2016, giving 3.4% of his adjusted gross income in 2018 and 3% in 2017.

Other candidates also donated relatively small amounts to charity, including Sen. Kirsten Gillibrand of New York, who along with her husband donated less than 2% of their $215,000 income to charity last year. Minnesota Sen. Amy Klobuchar and her husband gave $6,600 of their $338,500 to charity, a percentage similar to Gillibrand’s. California Sen. Kamala Harris gave 1.4% of her and her husband’s $1.9 million income to charity in 2017. And during several years of her time as California’s attorney general, Harris reported no charitable donations.

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Notre Dame cathedral in Paris on fire – What we know and we do not know

  by cnn.com–The cathedral has been a symbol of Catholicism and French identity for over 850 years. Its foundation stone was laid in 1163 by Pope Alexander III, and the cathedral was completed in the 13th century. Today, with its towers, spire, flying buttresses and stained glass, Notre Dame is considered a feat of architecture, […]

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Lebanon Planning Potential $2 Billion Eurobond Issue, Aide Says

By Cagan Koc bloomberg.com — Lebanon is planning to issue eurobonds that could be in the range of $2 billion, said Talal F. Salman, economic adviser to the Lebanese Ministry of Finance. The debt’s maturity is expected to be 10 years or more and the “timing will probably be the end of May or June,” Salman said in […]

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