Former U.S. President Jimmy Carter has died. He was 100 years old and had spent more than a year in hospice care. The Georgia peanut farmer served one turbulent term in the White House before building a reputation as a global humanitarian and champion of democracy. He defeated President Gerald Ford in 1976 promising to restore trust in government but lost to Ronald Reagan four years later amid soaring inflation, gas station lines and the Iran hostage crisis. He and his wife, Rosalynn Carter, then formed The Carter Center, and he earned a Nobel Peace Prize while making himself the most active and internationally engaged of former presidents. The Carter Center said the former president died Sunday afternoon in Plains, Georgia. Contributing: Associated Press
Colorado adds record insurance coverage for Sanders and Hunter before Alamo BowlEast Africa remembers victims of deadly Indian Ocean tsunamiJimmy Carter, 39th U.S. president, Nobel winner, dies at 100
Chess grandmaster Magnus Carlsen returns to a tournament after a dispute over jeans is resolved
Dividend Fortunes: 2 Canadian Stocks Leading the Way to RetirementMichael Schumacher, the Formula One icon renowned for his aggressive racing, consistently drew both attention and criticism from his rivals, including ex-Williams racer Juan Pablo Montoya . Montoya entered F1 in 2001 hot off his Indianapolis 500 victory and quickly notched up victories, including four with Williams and three after moving to McLaren—accomplishments that stood out during Schumacher's five-year reign at Ferrari . He became known for his direct challenges to Schumacher, epitomized by their infamous 2004 clash at Imola, where he called Schumacher 'blind or stupid.' Jimmie Johnson thankful of NASCAR change that helped win 7th championship F1 world champion Max Verstappen breaks silence on quitting Red Bull 'immediately' Montoya spoke openly to W Radio about his clashes with the champion: "Schumacher was a God to everyone and nobody touched him, nobody messed with him. "But my message to him was, 'I don't care who you are or what you've done, I'm going to beat you'." Montoya emphasized his opportunistic approach: "If you give me an opportunity and give me a prize, I take advantage of it. When someone gives you a prize, you take advantage of it." He also disclosed his refusal of an offer from Ferrari, unwilling to play second to Schumacher—a choice that underscored his fierce independence, even as he could not eclipse Schumacher in the final standings despite on-track successes. In 2005, Schumacher clinched third place, narrowly edging out Montoya who was close behind in fourth. The twist in the tale came when Montoya revealed he had once turned down an offer from Ferrari's Ross Brawn. "Ross Brawn, one year, on a podium in Monza, came up to me and said, 'We would love for you to be with us in red one day'. I turned around and said, 'No, thank you.'" DON'T MISS F1 star reveals truth behind driver dinner after Max Verstappen and George Russell clash Red Bull confirms Sergio Perez replacement and Max Verstappen's new teammate Kyle Larson backed to make racing history away from NASCAR - 'I truly believe' Montoya reflected on the decision, adding, "Even if I wish I could have done it in the future, it was just a conversation. I closed that door because at that time I was at Williams and all I wanted to do was beat Ferrari, I felt very much like a Williams driver and I never thought I would leave that team." His tenure with Williams ended after issues with teammate favoritism, leading him to McLaren in 2005. Disenchanted by F1's political nature and the prioritization of team achievements over individual success, Montoya eventually made his way back to racing in America.
New tax laws won’t affect 95% households: FBR FBR chief says Tax Policy Unit to continue data analysis to review impact of tax rates under broader economic picture ISLAMABAD: The Senate Standing Committee on Finance was Tuesday informed that the recent changes in the tax laws would not affect 95 percent households but the potential tax-dodgers, and the government will fetch additional Rs5 trillion within five years. The committee kick-started deliberations on Tax Laws Amendment Bill 2024 in the absence of the ruling party senators. However, Minister for Finance Mohammad Aurangzeb and Minister of State for Finance Ali Pervez Malik participated in the meeting. Senator Saleem Mandviwalla chaired the committee meeting at the Parliament House. Senator Mohsin Aziz and Shibli Faraz from the PTI participated. The chairman postponed the meeting till the next session of the panel. Briefing the committee, FBR Chairman Rashid Mahmood Langrial said the Tax Policy Unit will continue data analysis to review the impact of tax rates under the broader economic picture of the country. “We are not here to raise taxes or impose new taxes, but to resolve the issue where we were forced to increase the tax rates. The bill would resolve the issue of non-filing or under-filing of returns,” Langrial said. He clarified that 95 percent of the households would be not affected by the Tax Laws (Amendment) Bill, 2024. The finance minister was confident that the bill would play an important role in taking the tax-to-GDP ratio from the existing 10.3 percent to 13 percent in the next five years. The tax-to GDP ratio of our neighboring country stands at 18 percent. There is a tax gap of approximately Rs5 trillion. The sales tax gap was Rs3 trillion during 2023-24 whereas the income tax gap stood at Rs2 trillion during the period, Langrial told the committee. He said out of 62,000 registered entities, only 42,000 were actively paying sales tax. Any failure to pay sales tax is more unethical compared to the income tax-evasion. The proposed amendments seek to improve the sales tax collection mechanisms, he added. Senator Syed Shibli Faraz also inquired about the potential impact of amendments on broadening the tax base. Responding, the FBR chairman predicted that the tax-to-GDP ratio could rise to approximately 13% over the next four to five years, driven by increased revenues from sales tax, income tax, and customs duties. Finance Minister Mohammad Aurangzeb said credibility and trust gap existed which needed to be overcome. Under the FBR’s transformation plan, he said top priority was given to restoring confidence and trust in the tax authority. He said the element of corruption and harassment would abolish, tax base would broaden and revenue leakage as well as under-filing would curtail. “My sympathy is with the salaried class, as I am paying high tax like super tax/CVT on the salaried income,” Aurangzeb said. Rightsizing of all the ministries is also underway, he said. The finance minister said the government had interacted with associations, including retailers and wholesalers, and it was very clear that everyone had to contribute to the economy. “If we fail to collect taxes from the non-compliant sector, then what we will do in next budget? Will we again increase taxes on the already overburdened taxpayers like the manufacturing sector and salaried class?” he asked. Syed Shibli Faraz asked whether the bill should be classified as a money bill or an ordinary bill. Secretary Law and Justice Raja Naeem Akbar clarified that the bill should be treated as a money bill, citing Article 73(2) and Article 75 of the Constitution of Pakistan as the legal basis. Senator Syed Shibli Faraz emphasized the urgent need to restore public confidence in the tax authorities, asserting that no substantial progress could be made without winning the public trust. In response, the minister for finance outlined the government’s commitment to rebuilding this trust through the introduction of “People Process Technology” initiative. He reiterated the government’s empathy towards the salaried class and stressed that efforts were underway to create a fair balance between different socioeconomic classes.'s injury crisis meant manager Ange Postecoglou said he was forced to field against on Sunday despite the defender struggling with an ankle knock. Speaking after his side's in the , Postecoglou painted a grim picture of the club's plight with left-back the latest casualty. "Well we had no choice, if Radu doesn't play, I don't know who plays. He wasn't 100%, but he felt he could get through with his ankle," Postecoglou told reporters. Dragusin, who suffered an injury against on Thursday, is currently the only available centre-back at the club with , and all injured and still weeks away from a return. "There's no choice, but it's not a risk. I mean it's a judgment call. It's not like it's a muscle injury, it's a knock on his ankle, but yeah, we're making decisions," said Postecoglou, whose side are down in 11th place. "We've got no choice unless I throw another 18 or 17-year-old out there. That's the only fit players we have." Tottenham are also missing the likes of striker , winger and first-choice keeper and will be without midfielder for next weekend's home clash with after he picked up a fifth booking of the season to trigger a one-game ban. Udogie also went off in the 50th minute with a muscular injury, adding to Postecoglou's woes. "I think it was a hamstring. Again, we've been relying on a core group of players because we just haven't had the ability to rotate so at some point it was going to catch up with us. Unfortunately it caught up with Destiny," Postecoglou said. Tottenham have now won only once in their last seven Premier League games and will finish a year lower than seventh for the first time since the 2008-09 season. They conceded early against Wolves -- the 15th time this year they have fallen behind at home in a Premier League game. But goals by Rodrigo Bentancur and got them ahead by halftime, only for Norwegian substitute 's late effort to deny them a much-needed win. "It's a disappointing outcome. Obviously we went a goal down but after that I felt we controlled the game. It wasn't easy always to get openings but we did look pretty threatening every time we did get forward," Postecoglou said.