News That Matters

Tag: save

Here’s how wealthy families will save on estate taxes in the Biden presidency

Finance
Democratic candidates for Senate Jon Ossoff (L), Raphael Warnock (C) and US President-elect Joe Biden (R) bump elbows on stage during a rally outside Center Parc Stadium in Atlanta, Georgia, on January 4, 2021.Jim Watson | AFP | Getty ImagesWealthy Americans worried about the prospect of higher estate and gift taxes might have more time to come up with a strategy.With Jon Ossoff and Raphael Warnock both winning their Senate runoff elections in Georgia, the Democrats now have control — albeit precarious — of the Senate.That will help President-elect Joe Biden push his legislative agenda, and higher taxes are expected to be a major part of his plansThe estate tax could be a prime target for Democrats.Biden has repeatedly suggested that wealthy Americans are not paying their "fair share" of t
UK says EU must make ‘substantial shift’ to save Brexit trade deal talks

UK says EU must make ‘substantial shift’ to save Brexit trade deal talks

Business
The European Union must make a "substantial shift" if Brexit trade talks are to be saved.That was the warning from Britain in the final days of negotiations between the two sides ahead of the transition period ending on 31 December. Talks are continuing in Brussels this weekend but UK sources say it is increasingly likely that an agreement will not be reached in time. Please use Chrome browser for a more accessible video player Looming threat of Brexit talks failing has led to stockpiling A UK government source said: "We need to get any dea...
Different type of photosynthesis may save temperate crops from climate change

Different type of photosynthesis may save temperate crops from climate change

Science
Oct. 23 (UPI) -- In many places, climate change is expected to bring hotter, drier weather. In a new study, published Friday in the journal The Plant Cell, scientists considered whether an alternative mode of photosynthesis, might yield more heat-tolerant and drought-resistant plants. Most plants in arid and semi-arid environs use a photosynthesis method called Crassulacean acid metabolism, or CAM. Alternatively, plants in temperate environs, including crops, rely on a photosynthesis method called C3 carbon fixation. Advertisement Plants using C3 carbon fixation absorb CO2 through their leaves' stomatal pores. The daytime process allows C3 plants to immediately convert sunlight into food. When conditions are especially hot and dry, C3 metabolism causes plants to lose too much water. Conve...
‘No good epidemiological reasons to delay’ circuit break which could save thousands of lives, SAGE scientists say

‘No good epidemiological reasons to delay’ circuit break which could save thousands of lives, SAGE scientists say

Technology
A "short, sharp" two-week lockdown over the October half-term could prevent more than 7,000 deaths, according to a paper by two of the government's leading scientific advisers.The paper, which has not been peer-reviewed, suggests that a full lockdown, with stay-at-home orders and school closures, could reduce COVID-19 deaths from 19,900 to 12,100 over the rest of the year. It also suggests hospitalisations could be reduced from 132,400 to 66,500, assuming moderate growth in the infection rate.The findings have been used to support Labour leader Sir Keir Starmer's warning that without a "circuit breaker" lockdown Britain will "sleepwalk into a long and bleak winter". But the paper does not consider crucial factors which would determine the success of any restrictions, including the leve...
Attenborough: ‘Curb excess capitalism’ to save nature

Attenborough: ‘Curb excess capitalism’ to save nature

Science
Media playback is unsupported on your device Sir David Attenborough says the excesses of western countries should "be curbed" to restore the natural world and we'll all be happier for it. The veteran broadcaster said that the standard of living in wealthy nations is going to have to take a pause.Nature would flourish once again he believes when "those that have a great deal, perhaps, have a little less".Sir David was speaking to Liz Bonnin for BBC Radio 5 Live's new podcast 'What Planet Are We On?'.Listen to the podcast on BBC SoundsSpeaking personally and frankly, Sir David explained, "We are going to have to live more economically than we do. And we can do that and, I believe we will do it more happily, not less happily. And that the excesse...