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Rum

All articles tagged with #rum

"The Rum Wars: Unveiling Captain Morgan's Secret Tax Scheme"

Originally Published 1 year ago — by NPR

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Source: NPR

The U.S. Virgin Islands and Puerto Rico are engaged in a billion-dollar conflict known as The Rum Wars, stemming from a law that requires federal taxes on rum sold in the U.S. to be sent to these territories. In 2008, the U.S. Virgin Islands convinced Captain Morgan to move its operations from Puerto Rico to St. Croix, sparking bitter rivalry. This scheme, intended to benefit the territories, has instead funneled hundreds of millions of U.S. taxpayer dollars into the pockets of big liquor companies.

"Assessing the Market Impact of Donald Trump's Presidential Bid"

Originally Published 2 years ago — by Yahoo Finance

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Source: Yahoo Finance

Digital World Acquisition Corp. (DWAC) and Rumble Inc. (RUM) have seen significant stock surges following Donald Trump's win in the Iowa caucus and endorsements from two opponents. DWAC, a SPAC attempting to merge with Trump Media & Technology Group, has surged over 175%, while RUM, an online video-sharing platform, has surged more than 60%. Both stocks could continue to rise as Trump's chances in the presidential bid become clearer.