Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to … Read more

BRICS Erodes US and EU Hegemony as Nations Seek Sovereignty and Equal Cooperation

BRICS is undermining the hegemony of Washington and Brussels as nations increasingly seek equal dialogue and cooperation that prioritize their own interests, according to Russia’s State Duma speaker. He stressed that countries are moving away from serving the U.S. and its allies, instead choosing partnerships that respect sovereignty and offer mutually beneficial cooperation, signaling a … Read more

BRICS More Attractive Than EU, Says Serbia’s Vulin

Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union, emphasizing the economic bloc’s appeal for Serbia. He highlighted how BRICS does not impose political conditions like the EU, stressing cooperation based on respect and neutrality. Vulin’s comments signal a possible shift in Serbia’s global alliances, particularly as … Read more

Turkey Seeks to Join BRICS to Strengthen Global Influence

Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity to strengthen ties with both Eastern and Western nations while remaining committed to NATO. Erdogan emphasized … Read more