All posts tagged: Weakening

Extra Tax On Germans For Ukraine War: Top Official’s Proposal Amid West’s Weakening Support | Russia

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Published on Dec 24, 2023 03:37 PM IST German Council of Economic Experts (GCEE) chief Monika Schnitzer proposed an additional tax burden on Germans to fund Ukraine in its war against Russia. Monika told the Rheinische Post that a ‘Ukrainian solidarity surcharge’ should be levied on top of the existing income tax to help Kyiv meet its financial needs. Watch this video to know more. #germany #russiaukrainewar #solidaritytax #tax #burden #germans #ukrainesolidaritysurcharge #solidaritysurcharge #russia #ukraine #financialaid #monikaschnitzer #germancouncilofeconomicexperts #olafscholz #vladimirputin #volodymyrzelensky #us #eu #biden Hindustan Times Videos brings all the News for the Global Indian under one umbrella. We break down news from across the globe from the unique lens of a Rising India. Tune in for Explainers, Opinions, Analysis and a 360 degree view of big events in India and the World which impact your present and future. Follow the Hindustan Times Channel on WhatsApp for News Alerts, Top Stories and Editor picks. Join Us Today – https://www.bit.ly/3PQ4kSv Subscribe to the Hindustan Times YT channel and press the bell icon to get notified when …

Samsung Says Q4 Profit Tumbled 69 Percent to Eight-Year Low Amid Weakening Global Economy

Published by Webster

Samsung Electronics flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. The dismal profit estimate by the world’s largest memory chip, smartphone and TV maker – a bellwether for global consumer demand – sets a weak tone for other technology firms’ quarterly results. Samsung’s profits are expected to shrink again in the current quarter, analysts said, after the South Korean company announced its October-December operating profit likely fell 69 percent to KRW 4.3 trillion won (roughly Rs. 27,980 crore) from KRW 13.87 trillion (roughly Rs. 90,190). a year earlier. It was Samsung’s smallest quarterly profit since the third quarter of 2014 and fell short of a KRW 5.9 trillion (roughly Rs. 38,370 crore) Refinitiv SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate. “All of Samsung’s businesses had a hard time, but chips and mobile especially,” said Lee Min-hee, analyst at BNK Investment & Securities. Quarterly revenue likely fell 9 percent from …