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The world witnessed a new step taken by the United States Federal Reserve a few days ago, consisting of a reduction in the interest rate by 0.25 percentage points. Although this reduction appears limited in scale, its potential repercussions are much broader, especially given the complexity of the current economic landscape and the interconnection of multiple influencing factors.
This year, Jordan’s Income and Sales Tax Department began implementing the e-invoicing system, marking a significant shift in the country’s tax collection framework. The new system aims to enhance transparency and reduce opportunities for tax evasion by documenting commercial and service transactions in a direct and organized manner and linking them electronically with the tax authority. This measure has long been demanded by experts and advocates of tax reform, who see it as a key tool for achieving fairness and addressing distortions in the existing tax system.
For more than fifteen years, the Jordanian economy has been trapped in a state of chronic stagnation, primarily driven by weak domestic demand, which in turn stems from limited household and institutional consumption. Insufficient purchasing power among families and institutions undermines production, constrains opportunities for economic growth, and leaves the country stuck in a closed cycle of slowdown and high unemployment.
Germany’s recent decision to halt arms exports to the Israeli occupation state—if they could be used in its war on Gaza—has sparked wide debate in political and human rights circles. While it represents a shift, albeit a limited one, in German policy, it came far too late, after the genocide in Gaza had reached unprecedented levels: more than a quarter of a million casualties between dead and wounded, control over more than 70% of the sector’s land, complete destruction of infrastructure, and the use of starvation as an openly declared weapon of war.
From time to time, the Jordanian government, through various levels issues statements and leaks suggesting that there are challenges threatening the sustainability of the social security system, often hinting at the need to amend the governing law. These positions are frequently supported by recommendations from the International Monetary Fund and/or the World Bank.
A position paper released by the Phenix Center for Economic and Informatics Studies stresses the urgent need for comprehensive and inclusive reforms to Jordan’s social security system.
At a bloody historical moment, in which humanity is undergoing a severe test, crimes are unfolding in the Gaza Strip and the West Bank amid a shameful international silence and European inaction that amounts to complicity. While Israel is committing documented acts of genocide as confirmed by UN organizations—foremost among them UNRWA and the Special Rapporteur on the Occupied Palestinian Territories—as well as major human rights organizations such as Human Rights Watch, Amnesty International, and others, the European Union remains committed to its partnership with the occupation state, disregarding the blatant violations these crimes represent of international humanitarian law and the values the Union claims to uphold.
In the heart of Seville, Spain—specifically in the Cristina Gardens near the banks of the Guadalquivir River—thousands of representatives from global and Spanish civil society organizations gathered one afternoon at the end of last month, despite temperatures nearing 44°C.
As the Fourth International Conference on Financing for Development approaches, slated for late June in Seville, Spain, calls are mounting to reconsider the prevailing global model for development financing. This comes amidst a widening gap between the ethical rhetoric promoted by wealthy nations in support of sustainable development and human rights, and the actual practices that continue to entrench the financial and political dependency of countries in the Global South.
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