#us soil

“Do you seek to engage in espionage, sabotage, export control violations, or any other illegal activity while in the United States? YES/NO”

CIA Director Anticipates ‘Inevitable’ Terrorist Attack on US Soil (sputniknews)

CIA Director John Brennan said that Islamic terrorists will “inevitably” attempt to make their way to the United States to carry out a terrorist attack on US soil.

WASHINGTON (Sputnik) – Islamic terrorists will “inevitably” attempt to make their way to the United States to carry out a terrorist attack on US soil, Central Intelligence Agency (CIA) Director John Brennan said.

“I’m expecting…

http://odishasamaya.com/news/sports/tendulkar-warne-to-ring-opening-bell-at-ny-stock-exchange/63026

New York: Indian batting great Sachin Tendulkar and legendary Australian spinner Shane Warne will ring the opening bell at the New York Stock Exchange today, becoming the first cricketers to perform the ceremonial activity at the world’s largest stock exchange.

Tendulkar and Warne are in the US as captains of an inaugural all-star line-up of 28 cricket legends from across the world for the first ever ‘Cricket All Stars’ series in the US.

Tendulkar and Warne will visit the stock exchange to highlight the inaugural cricket series which will take place in New York, Houston and Los Angeles. They will ring the opening bell at 9:30m New York time that will mark the start of the trading day.

The historic tour marks the first time Tendulkar and Warne will play on US soil.

The ‘Cricket All-Stars’ kicks off on November 7 at Citi Field in New York City with a special opening ceremony prior to the match as well as other functions and galas.

The second match will be on November 11 in Houston and the final match in the series will be on November 14 in Los Angeles, followed by a special trophy presentation to the winning team.

In the past, several Indian dignitaries, including political leaders and businessmen, have rung the opening and closing bell at the stock exchange and at NASDAQ.

Given that cricket is not a popular sport in America, it is the first time that cricketers will ring the ceremonial bell at the stock exchange.

Through extensive promotions and media appearances, Tendulkar said the idea behind the series is not only to popularise the game in America but to globalise it as there is need to have more countries play the sport competitively in tournaments like the World Cup.

New Post has been published on http://www.newsnish.com/business/carl-icahn-on-how-to-get-money-back-on-us-soil-and-other-economic-views/

Carl Icahn on How to Get Money Back on US Soil — and Other Economic Views

Carl Icahn is becoming a DC activist just in time to help stimulate Congressional talks on corporations being able to repatriate money back to America at a lower tax rate, he told The Post.

Icahn — a day after Trump unveiled his economic plan — is releasing a 15-minute video Tuesday titled “Danger Ahead,” giving his views on the US economy.

The billionaire investor dedicated much of the video and a corresponding interview with The Post to the taxation rate of repatriated profits.

“We want to make sure companies have the ability to bring their funds [$2.2 trillion in overseas profits] back,” he told The Post.

“Repatriation [tax rate] should be 7 or 8 percent.” (Presently, companies pay taxes in countries where they make the goods, and then a 35 percent rate when bringing the money back to the US.)

“I’ve been in touch with [Sen. Charles] Schumer (D-NY), [Sen. Orrin] Hatch (R-Utah) and [Congressman Paul] Ryan (R-Wis.) and everyone wants to see a [reduced rate] bill” by December, he told The Post.

“I think Schumer, Hatch and Ryan want to see this happen.”

If they don’t succeed, Icahn said he believes the repatriation effort will stall in the 2016 presidential election year and we will see more balance-sheet cash remaining overseas, away from Uncle Sam’s clutches.

Icahn’s biggest stock position, meanwhile, is his stake in Apple, which he would benefit greatly from if the company can repatriate some of its $200 billion at a lower tax rate.

“Repatriation would be viewed as massively positive for Apple,” Friedman Billings Ramsey Capital analyst Dan Ives told The Post.

Icahn Enterprises, Carl’s publicly traded vehicle that is a proxy for his investments, is down 28 percent this year and 37 percent over the past 12 months. The company took a $373 million loss last year, largely on energy stock declines.

Another top 10 Icahn holding is Herbalife that, as of June 30, had 48 percent of its $750 million in cash overseas.

The talks in Washington DC could use some help, a well-placed Senate source told The Post. “I think there’s a long shot it gets passed this year.”

The main problem is key Democrats want to spend the new proceeds collected from repatriation on a long-term highway funding bill.

But key Republicans are uncomfortable with that idea because they are concerned once repatriated money slows Congress may have to raise taxes to pay for continued highway funding.

Not all business interests, especially big tech companies, are for repatriation at lower tax rates as they now have an excuse to not bring back foreign profits. So Icahn calling senators and being vocal on the subject makes a difference, the source said.

“He’s a heavyweight. People respect what Carl says.”

Icahn in the video explains why he is for repatriation.

“If that money came back it would [be used] for jobs.”

“That money is given to somebody who will invest in this country. As opposed to taking the money in Europe and investing in Ireland or somewhere like that.”